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Global Flight Management System Market, Size, Share, Analysis Report & Forecast to 2026

10-26-2021 09:41 AM CET | Business, Economy, Finances, Banking & Insurance

Press release from: Orion Market Research

The global flight management system market is growing at a considerable CAGR of 6.1% during the forecast period. Rising and improving standards associated with safety is one of the prime factors affecting and driving the market. Increasing government spending along with growing requirement for efficient fuel management is also estimated to be the key factors that are contributing significantly towards the growth of the market. However, limited data storage and delay in new aircraft order is the major factors constraints that are hindering the growth of the global flight management system market across the globe.

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The market is segmented based on type, maintenance and hardware. Based on type, the market is segmented into very large aircraft, wide body aircraft, narrow body aircraft and regional transport aircraft. By maintenance, the market is segmented into line-fit and retro-fit.

A Full Report of Global Flight Management System Market is Available at:
https://www.omrglobal.com/industry-reports/flight-management-system-market

The global flight management system market is analyzed based on the geographical regions that are contributing significantly towards the growth of the market. Based on the geography, the market is segmented into North America, Europe, Asia-Pacific, and the Rest of the World. North America held a considerable share in 2020 in the global flight management system market. In the North American region increasing technology innovation is the prime factor affecting the demand of the market. Additionally, growing demand for commercial aircraft in order to control the air traffic in the countries such as the US and Canada and the presence of the key market players in the region that includes Boeing and General Electric among others are some of the other factors that are driving the growth of the market.

Global Flight Management System Market – Segmentation
by Type
Very Large Aircraft
Wide Body Aircraft
Narrow Body Aircraft
Regional Transport Aircraft
by Maintenance
Line-Fit
Retro-Fit
by Hardware
Flight Management Computer (FMC)
Visual Display Unit (VDU)
Control Display Unit (CDU)

Global Flight Management System Market – Segmentation by Region 
North America 
United States
Canada
Europe
Germany
United Kingdom
France
Spain
Italy
Rest of Europe
Asia-Pacific 
China
Japan
India
Rest of Asia-Pacific
Rest of the World

Company Profiles
Airbus S.A.S.
Boeing
Collins Aerospace
Garmin Ltd.
General Electric
Honeywell International Inc.
Lufthansa Systems,
Leonardo S.p.A.
Thales Group
Elbit Systems Ltd.
Safran

For More Customized Data, Request for Report Customization @ https://www.omrglobal.com/report-customization/flight-management-system-market

Media Contact:

Company Name: Orion Market Research
Contact Person: Mr. Anurag Tiwari
Email: info@omrglobal.com 
Contact no: +91 780-304-0404

About Orion Market Research

Orion Market Research (OMR) is a market research and consulting company known for its crisp and concise reports. The company is equipped with an experienced team of analysts and consultants. OMR offers quality syndicated research reports, customized research reports, consulting and other research-based services.

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