Press release
Aerospace Avionics Market Surges Amidst Soaring Demand For Air Travel: Strategic Insights Driving Aerospace Avionics Market Momentum in 2025
Aerospace Avionics
How Large Will the Aerospace Avionics Market Size By 2025?
The size of the aerospace avionics market has been consistently expanding over the past few years. The projection shows an increase from $81.3 billion in 2024 to $84.84 billion in 2025, reflecting a compound annual growth rate (CAGR) of 4.4%. The historical growth can be linked to the development of aircraft, demand from the military agency, shift towards digital cockpits, improvements in security, as well as surveillance and air traffic management.
How Big Is the Aerospace Avionics Market Size Expected to Grow by 2029?
The market size of aerospace avionics is predicted to experience consistent growth in the upcoming years, reaching $101.77 billion by 2029, with a compound annual growth rate (CAGR) of 4.7%. Factors contributing to this growth during the predicted period include expanding emerging markets, electric aircraft systems, the increasing defense sector, updates to older aircraft, and the inclusion of artificial intelligence. In the forecast period, significant trends include the introduction of sophisticated flight management systems, the growing need for cutting-edge aircraft, autonomous systems and UAVs, innovations in digital cockpits, and advancements in communication and connectivity.
View the full report here:
https://www.thebusinessresearchcompany.com/report/aerospace-avionics-global-market-report
Which Key Market Drivers Powering Aerospace Avionics Market Expansion and Growth?
The upward trend in air travel requirements is anticipated to stimulate the advancement of the aerospace avionics market. Air travel encompasses travel using air vehicles such as planes, jets, and helicopters, serving both domestic and international passengers through airlines registered nationally. Increased air travel worldwide necessitates the need for aerospace avionics. For instance, in June 2022, the International Air Transport Association, which represents airlines globally, indicated there was a 229.5% rise in international air traffic in 2022 compared to the previous year, 2021. Consequently, the growing necessity for air travel is fueling the growth of the aerospace avionics market.
Get your free sample here:
https://www.thebusinessresearchcompany.com/sample.aspx?id=8460&type=smp
Which Fast-Growing Trends Are Poised to Disrupt the Aerospace Avionics Market?
Trending in the aerospace avionics market is the emphasis on product innovation. Major players in this market are striving to enhance their standing by creating groundbreaking products. As an illustration, Flightcell International, Ltd., a frontrunner in the field of airborne communications originating from New Zealand and operating within the aerospace avionics sphere, released a cockpit recording solution called "SmartHUB" in March 2022. This system boasts a range of unique features such as high-definition video and audio, a connection point for USB (universal serial bus) and IP (internet protocol) devices, and a flight data recorder. It is anticipated to track various parameters including GPS (global positioning system) position data, pressure, altitude, turn rate, altitude, speed, g-force, and roll.
What Are the Emerging Segments in the Aerospace Avionics Market?
The aerospace avionics market covered in this report is segmented -
1) By Systems: Flight Control System, Communication System, Navigation System, Monitoring System, Others Systems
2) By Application: Commercial Aviation, Military Aviation, Business Jets And General Aviation
3) By Distribution Channel: OEM, Aftermarket
Subsegments:
1) By Flight Control System: Autopilot Systems, Fly-By-Wire Systems, Flight Management Systems (FMS)
2) By Communication System: Radio Communication Systems, Satellite Communication Systems, Data Link Communication Systems
3) By Navigation System: Global Navigation Satellite Systems (GNSS), Inertial Navigation Systems (INS), Ground-Based Navigation Systems
4) By Monitoring System: Engine Monitoring Systems, Environmental Control Systems, Health Management Systems
5) By Other Systems: Surveillance Systems, Display Systems, Electronic Warfare Systems
Tailor your insights and customize the full report here:
https://www.thebusinessresearchcompany.com/customise?id=8460&type=smp
Who Are the Global Leaders in the Aerospace Avionics Market?
Major companies operating in the aerospace avionics market are Thales Group, L3Harris Technologies Inc., Airbus SAS, Boeing Co., BAE Systems Inc., Northrop Grumman Corporation, Saab AB, Leonardo S.p.A., Elbit Systems Ltd., General Dynamics Corporation, General Electric Company, Cobham PLC, Honeywell International Inc., Raytheon Technologies, Safran S.A., Lockheed Martin Corporation, Garmin Ltd., Meggitt PLC, Curtiss-Wright Corporation, Teledyne Technologies Incorporated, Moog Inc., Astronics Corporation, TransDigm Group Incorporated, Kratos Defense & Security Solutions Inc., Universal Weather and Aviation Inc., Avidyne Corporation, FreeFlight Systems, Becker Avionics International Group, Flight Data Systems Pty. Ltd., Innovative Solutions & Support Inc.
Which are the Top Profitable Regional Markets for the Aerospace Avionics Industry?
North America was the largest region in the aerospace avionics market in 2024. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the aerospace avionics market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
Purchase the full report today:
https://www.thebusinessresearchcompany.com/purchaseoptions.aspx?id=8460
This Report Supports:
1. Business Leaders & Investors - To identify growth opportunities, assess risks, and guide strategic decisions.
2. Manufacturers & Suppliers - To understand market trends, customer demand, and competitive positioning.
3. Policy Makers & Regulators - To track industry developments and align regulatory frameworks.
4. Consultants & Analysts - To support market entry, expansion strategies, and client advisory work.
Connect with us on:
LinkedIn: https://in.linkedin.com/company/the-business-research-company,
Twitter: https://twitter.com/tbrc_info,
YouTube: https://www.youtube.com/channel/UC24_fI0rV8cR5DxlCpgmyFQ.
Contact Us
Europe: +44 207 1930 708,
Asia: +91 88972 63534,
Americas: +1 315 623 0293 or
Email: mailto:info@tbrc.info
Learn More About The Business Research Company
With over 15,000+ reports from 27 industries covering 60+ geographies, The Business Research Company has built a reputation for offering comprehensive, data-rich research and insights. Our flagship product, the Global Market Model delivers comprehensive and updated forecasts to support informed decision-making.
This release was published on openPR.
Permanent link to this press release:
Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release Aerospace Avionics Market Surges Amidst Soaring Demand For Air Travel: Strategic Insights Driving Aerospace Avionics Market Momentum in 2025 here
News-ID: 4083565 • Views: …
More Releases from The Business Research Company
Segment Evaluation and Major Growth Areas in the Personalized Testing and Supple …
The personalized testing and supplements sector is gaining remarkable traction, driven by advancements in technology and a rising consumer focus on tailored health solutions. As more individuals seek customized wellness options, this market is set to experience substantial expansion in the coming years. Here's an in-depth look at its current valuation, key players, significant trends, and the main market segments shaping its future.
Market Valuation and Expansion Forecast for Personalized Testing…
Top Players and Market Competition in the Skin Microbiome Industry
The skin microbiome market is emerging as a significant area of interest due to growing awareness about the critical role of skin health and innovative skincare technologies. As research advances and consumer preferences shift towards more natural and science-backed products, this market is set to undergo substantial growth. Let's explore the current market size, key players, driving factors, and upcoming trends shaping the skin microbiome industry.
Projected Expansion in the Skin…
Key Strategic Developments and Emerging Changes Shaping the Upadacitinib Market …
The upadacitinib market is poised for significant expansion over the coming years, driven by advances in treatment options and increasing awareness of autoimmune diseases. This report delves into the market's current size, key drivers, major players, and the emerging trends shaping its future trajectory.
Steady Growth Expected in Upadacitinib Market Size Through 2029
The market for upadacitinib is projected to reach $2.54 billion by 2029, growing at a robust compound annual…
Analysis of Key Market Segments Driving the Alzheimer's Disease Diagnostic Marke …
The Alzheimer's disease diagnostic sector is rapidly evolving as advancements in technology and healthcare infrastructure open new possibilities for early detection and personalized treatment. With rising awareness and innovative approaches, this market is poised for significant growth in the coming years. Let's explore the current market size, key drivers, leading companies, and emerging trends that are shaping this critical healthcare field.
Projected Market Size and Growth Trends in Alzheimer's Disease Diagnostics…
More Releases for Avionics
Know how Airborne Collision Avoidance System Market is Thriving by Top Players: …
Up Market Research offers a latest published report on “Global Airborne Collision Avoidance System (ACAS) Market Research Report 2019” delivering key insights and providing a competitive advantage to clients through a detailed report. The report contains 95 pages which highly exhibit on current market analysis scenario, upcoming as well as future opportunities, revenue growth, pricing and profitability.
Request Sample Copy Of this Report @ https://www.upmarketresearch.com/home/requested_sample/65701
Airborne Collision Avoidance System Market research report…
Commercial Avionics Systems Market 2024 | Rockwell Collins, Inc., Honeywell Aero …
Avionics systems are electronics that are fitted in an aircraft for streamlining its operational functions. The growth in global air traffic owing to the increasing business and leisure in various countries across the globe is positively influencing the market for commercial avionics systems in the aviation industry. The global market for commercial avionics systems is chiefly driven by increasing need for real time data to improve aircraft’s operational efficiency. Additionally,…
Commercial Avionics Systems Market 2021 | Rockwell Collins, Inc., Honeywell Aero …
Avionics systems are electronics that are fitted in an aircraft for streamlining its operational functions. The growth in global air traffic owing to the increasing business and leisure in various countries across the globe is positively influencing the market for commercial avionics systems in the aviation industry. The global market for commercial avionics systems is chiefly driven by increasing need for real time data to improve aircraft’s operational efficiency. Additionally,…
Commercial Avionics Systems Market 2021 | Rockwell Collins, Inc., Honeywell Aero …
Avionics systems are electronics that are fitted in an aircraft for streamlining its operational functions. The growth in global air traffic owing to the increasing business and leisure in various countries across the globe is positively influencing the market for commercial avionics systems in the aviation industry. The global market for commercial avionics systems is chiefly driven by increasing need for real time data to improve aircraft’s operational efficiency. Additionally,…
Commercial Avionics Systems Market 2024 | Rockwell Collins, Inc., Honeywell Aero …
Avionics systems are electronics that are fitted in an aircraft for streamlining its operational functions. The growth in global air traffic owing to the increasing business and leisure in various countries across the globe is positively influencing the market for commercial avionics systems in the aviation industry. The global market for commercial avionics systems is chiefly driven by increasing need for real time data to improve aircraft’s operational efficiency. Additionally,…
Global Airborne Collision Avoidance System Market 2018: Market Players Like Hone …
Global Airborne Collision Avoidance System Market 2018-2023:
Regulatory mandates for the installation of ACAS II, rise in the number of UAVs in the commercial airspace, rise in the number of aircraft deliveries are some of the major factors driving the airborne collision avoidance system market.
The prime objective of Global Airborne Collision Avoidance System Market report is to help the user understand the market in terms of its definition,…
