Press release
Global Avionics Market Report 2022 : Top Manufacturers, Industry Challenges, Business Strategies, Revenue Value And Competitive Landscape 2031
The global avionics market size is expected to grow from $65.57 billion in 2021 to $71.19 billion in 2022 at a compound annual growth rate (CAGR) of 8.6%. The global avionics market size is expected to grow to $87.62 billion in 2026 at a CAGR of 5.3%.The Business Research Company offers the Avionics Global Market Report 2022 in its research report store. It is the most comprehensive report available on this market and will help gain a truly global perspective as it covers 60 geographies. The regional and country breakdowns section gives an analysis of the market in each geography and the size of the market by region and by country. It also compares the market's historic and forecast growth, and highlights important trends and strategies that players in the market can adopt.
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The avionics market consists of sales of avionics by entities (organizations, sole traders, and partnerships) that are used in spacecraft, artificial satellites, and aircraft for communication, navigation, and managing multiple systems. Avionics refers to a combination of multiple display units which are equipped in the aircraft to perform the flight operation. The avionics system includes various flight sub-systems, including health monitoring systems, flight management, flight control, navigation & surveillance systems, electrical & emergency, communication, and systems electronics.
Some key avionics market players are Safran S.A, Honeywell Aerospace, Thales Group, L-3 Avionics Systems, Raytheon Technologies, GE Aviation, BAE Systems plc, Meggitt plc, Rockwell Collins Inc, Panasonic Avionics Corporation, Garmin Ltd, Universal Avionics System Corporation, Airbus SE, The Boeing Company, Cobham Limited, Curtiss-Wright, and Teledyne Technologies.
The countries covered in the global avionics market are Argentina, Australia, Austria, Belgium, Brazil, Canada, Chile, China, Colombia, Czech Republic, Denmark, Egypt, Finland, France, Germany, Hong Kong, India, Indonesia, Ireland, Israel, Italy, Japan, Malaysia, Mexico, Netherlands, New Zealand, Nigeria, Norway, Peru, Philippines, Poland, Portugal, Romania, Russia, Saudi Arabia, Singapore, South Africa, South Korea, Spain, Sweden, Switzerland, Thailand, Turkey, UAE, UK, USA, Venezuela, Vietnam.
The regions covered in the global avionics market are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
Avionics Market Segmentation:
1) By Platform:
Commercial Aviation
Military Aviation
Business Jets
General Aviation
Helicopters
2) By Sub System:
Flight Management and Control
Health Monitoring, Electrical and Emergency
Communication Navigation and Surveillance
3) By End User:
Original Equipment Manufacturer: OEM
Aftermarket
See more on the report at https://www.thebusinessresearchcompany.com/report/avionics-global-market-report
The Report's Table Of Contents includes
1. Executive Summary
2. Avionics Market Characteristics
3. Avionics Market Trends And Strategies
4. Impact Of COVID-19 On Avionics
5. Avionics Market Size And Growth
………
28. Key Mergers And Acquisitions In The Avionics Market
29. Avionics Market Future Outlook and Potential Analysis
30. Appendix
This report covers the trends and market dynamics of the avionics market in major countries - Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, and USA. The report also includes consumer surveys and various future opportunities for the market.
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