Global Avionics Market Analysis 2025-2030: Growth Drivers, Challenges, And Opportunities

The Avionics Market Report by The Business Research Company delivers a detailed market assessment, covering size projections from 2025 to 2034. This report explores crucial market trends, major drivers and market segmentation by [key segment categories].

How Big Is the Avionics Market Size Expected to Be by 2034?
In recent times, there has been a robust expansion in the avionics market. The market, which was valued at $84.35 billion in 2024, is projected to increase to $91.05 billion in 2025, reflecting a compound annual growth rate (CAGR) of 7.9%. Factors contributing to this growth during the historic period include potent economic expansion, heightened demand for commercial aircraft, enlargement of the aerospace and defense industry, strict environmental rules, and modernisation of the military.

Expectations are high for the avionics market size to experience robust growth in the upcoming years. The market is projected to reach $122.96 billion by 2029, with a Compound Annual Growth Rate (CAGR) of 7.8%. This anticipated growth within the forecast period can be linked to the digital transformation, rising consumer disposable income, investment in the expansion of aircraft fleets, and a burgeoning demand for unmanned aerial vehicles (UAVs). Key trends for the forecast period involve artificial intelligence and machine learning, sophisticated cockpit displays, data analytics and predictive maintenance, remote and autonomous operations, and the integration of augmented reality (AR) and virtual reality (VR).

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What Are the Emerging Segments Within the Avionics Market?
The avionics market covered in this report is segmented -

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), After market

Subsegments:
1) By Commercial Aviation: Air Transport Aircraft, Regional Aircraft
2) By Military Aviation: Fighter Aircraft, Transport Aircraft, Unmanned Aerial Vehicles (UAVs)
3) By Business Jets: Light Jets, Mid-Size Jets, Large Jets
4) By General Aviation: Single-Engine Aircraft, Multi-Engine Aircraft, Turboprop Aircraft
5) By Helicopters: Civil Helicopters, Military Helicopters, Commercial Helicopters

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What Long-Term Drivers Are Shaping Avionics Market Trends?
The avionics market is projected to grow, driven by the escalating demand for new commercial aircraft. Commercial aircraft are planes used for transporting passengers or goods between locations. Avionics is critical for managing various systems within an aircraft, controlling its electronic systems and equipment. As an example, Airbus, an aerospace corporation based in the Netherlands, stated in February 2022 that the Asia-Pacific region needed 17,620 new passenger and freighter aircraft. This number includes 13,660 small category aircraft, along with 2,470 medium category and 1,490 large category aircraft. Thus, the growing demand for new commercial aircraft is fueling the demand for avionics markets.

Who Are the Top Competitors in Key Avionics Market Segments?
Major companies operating in the avionics market include Safran SA, Honeywell International Inc., Thales Group, L-3 Avionics Systems, Raytheon Technologies Ltd., GE Aviation Inc., 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 Corporation, Teledyne Technologies Inc., Raytheon Technologies Corp., L3Harris Technologies Inc., Leonardo S.p.A., Moog Inc., Esterline Technologies Corporation, Astronics Corporation, Elbit Systems Ltd., FLIR Systems Inc., Avidyne Corporation, Aspen Avionics Inc., FreeFlight Systems, Mid-Continent Instruments and Avionics, Bendix Aviation Corporation

What Avionics Market Trends Are Gaining Traction Across Different Segments?
The advent of technological innovations has become a prominent trend impacting the avionics market. Firms that are major players in this market are investing in pioneering advancements to fortify their market standing. For example, in March 2022, Genesys Aero Systems, a manufacturer from the US that specializes in flight systems, autopilot systems, and avionics components, unveiled a new product named HeliSAS, a helicopter autopilot system. This revolutionary technology controls airspeed and frees up the pilot to concentrate on other tasks within the cockpit. It operates on a stability augmentation technology and leverages various sensors, like magnetometers, to proficiently manage the helicopter.

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Which Regions Are Becoming Hubs for Avionics Market Innovation?
North America was the largest region in the avionics market in 2024. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the avionics market report include Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa.

Frequently Asked Questions:
1. What Is the Market Size and Growth Rate of the Avionics Market?
2. What is the CAGR expected in the Avionics Market?
3. What Are the Key Innovations Transforming the Avionics Industry?
4. Which Region Is Leading the Avionics Market?

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