Commercial Avionics Systems Market Size Projected To Reach $43.62 Billion By 2034 With A Cagr Of 6.7%

The Commercial Avionics Systems 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].

What Is the Commercial Avionics Systems Market Size and Projected Growth Rate?
In recent years, there has been a significant increase in the commercial avionics systems market. The estimated size of this market is projected to rise from $31.62 billion in 2024 to $33.7 billion in 2025, reflecting a compound annual growth rate (CAGR) of 6.6%. Factors like aircraft modernization, mandatory regulatory compliance, improved communication systems, demand for fuel efficiency, as well as automation and autonomy, and heightened passenger expectations have contributed to the growth during the historic period.

The market size for commercial avionics systems is anticipated to witness substantial growth in the upcoming years, expanding to $43.62 billion in 2029 with a compound annual growth rate (CAGR) of 6.7%. The surge in growth during the forecast period can be associated with increasing cybersecurity threats, environmental regulations, condition-based and remote maintenance, global air travel rebound, and urban air mobility. Significant trends predicted for this period encompass newer avionics platforms, autonomous flight technologies, electrically powered and hybrid aircraft, inflight entertainment systems, satellite-based navigation systems, health tracking, and predictive maintenance.

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What Are the Major Segments in the Commercial Avionics Systems Market?
The commercial avionics systems market covered in this report is segmented -

1) By Sub System: Flight Management And Control, Health Monitoring, Electrical And Emergency, Communication Navigation And Surveillance, Other Sub Systems
2) By Fit: Retrofit, Forward Fit
3) By Aircraft Type: Narrow Body, Wide Body, Regional And Business Jet, Freighter

Subsegments:
1) By Flight Management And Control: Autopilot Systems, Flight Control Computers, Instrument Landing Systems
2) By Health Monitoring: Engine Health Monitoring Systems, Structural Health Monitoring Systems, System Health Management
3) By Electrical And Emergency: Power Distribution Systems, Backup Power Systems, Emergency Locator Transmitters
4) By Communication Navigation And Surveillance: Communication Systems, Navigation Systems, Surveillance Systems
5) By Other Sub Systems: Cabin Management Systems, Display Systems, Data Recording Systems

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What Are The Driving Commercial Avionics Systems Market Evolution?
The commercial avionics systems market is predicted to experience growth due to an expected surge in the number of airline passengers. Avionic systems consist of various electronic systems utilized within aircraft, including communication, navigation, display, management of multiple systems, among others. The improved functioning of aircraft due to these systems could lead to an uptick in passenger numbers. For example, the US-based government agency, Bureau of Transportation Statistics, reported that in March 2023, US airlines had 853 million airline passengers onboard in 2022, a considerable increase from 658 million passengers recorded in 2021. Hence, the rising count of airline passengers is a key driver of growth in the commercial avionics systems market.

Which Firms Dominate The Commercial Avionics Systems Market Segments?
Major companies operating in the commercial avionics systems market include General Electric Company, Raytheon Technologies Corporation, The Boeing Company, Panasonic Corporation, Northrop Grumman Corporation, Honeywell International Inc., BAE Systems PLC, Safran, Thales Group, L3Harris Technologies Inc., Collins Aerospace a Raytheon Technologies Corporation, Teledyne Technologies Incorporated, Garmin Ltd., Diehl Stiftung & Co. KG, Kontron Sandt AG, Moog Inc., Curtiss-Wright Corporation, Cobham Limited, Meggitt PLC, FLIR Systems Inc., Esterline CMC Electronics Inc., Astronics Max-Viz, Astronautics Corporation of America, Universal Avionics Systems Corporation, Avidyne Corporation, EuroAvionics Navigation Systems GmbH & Co. KG, Sagetech Avionics Inc., UAVIONIX Corporation, BendixKing, Air Data Inc., Elbit Systems Ltd., Israel Aerospace Industries Ltd.

What Trends Are Driving Growth in The Commercial Avionics Systems Market?
Top-tier firms in the commercial avionics systems market are concentrating on creating innovative solutions, such as line-fit connectivity solution, to gain a competitive advantage. These solutions are integrated, factory-installed avionics systems meant for commercial and military aircraft, offering the required infrastructure and technology to deliver in-flight connectivity services for passengers. For example, in March 2022, Astronautics Corporation of America, a company specializing in avionics equipment based in the US, unveiled AeroSync Mission (AEC115). This new connectivity solution is designed to offer a secure and integrated method for wireless data transmission in aircraft. It's an all-in-one air-to-ground data management platform that safely and efficiently transfers information to and from the aircraft. It delivers high-speed flight, mission, and maintenance data. AeroSync Mission (AEC115) is employed in aircraft as an avionics system for both commercial and military aerospace.

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Which Is The Largest Region In The Commercial Avionics Systems Market?
North America was the largest region in the commercial avionics systems market in 2024. Asia-Pacific is expected to be the fastest growing region in the forecast period. The regions covered in the commercial avionics systems market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.

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

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