Commercial Avionics Systems Market on Path to Hit $42.45 Billion by 2029 at 6.1% CAGR

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Commercial Avionics Systems Market Outlook: What Size And CAGR Are Anticipated By 2025?
In recent times, the commercial avionics systems market has witnessed significant expansion. The market is projected to increase from a value of $31.62 billion in 2024, to $33.46 billion in 2025, with a compound annual growth rate (CAGR) of 5.8%. The growth experienced in the past is due to factors such as aircraft modernization, compliance with regulations, improvement in communication systems, the necessity for fuel efficiency, as well as automation and autonomy, coupled with heightened passenger expectations.

What Is the Expected CAGR for the Commercial Avionics Systems Market Growth Through 2029?
The market size for commercial avionics systems is anticipated to witness robust growth in the forthcoming years. It is projected to escalate to $42.45 billion in 2029, growing on an annual basis at a compound rate of 6.1%. The surge in growth during the prediction period is ascribed to factors including cybersecurity issues, adherence to environmental regulations, remote and condition-based maintenance, advancement of urban air mobility, and the rebound in international air travel. The forecast period is also expected to see significant trends such as the emergence of next-generation avionics platforms, the rise in autonomous flight technologies, the development of electric and hybrid aircraft, enhancements in in-flight entertainment systems, the advent of satellite navigation systems, as well as the introduction of health monitoring and predictive maintenance systems.

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What Are the Primary Drivers Behind Commercial Avionics Systems Market Growth?
The predicted rise in airline passenger numbers is set to boost the commercial avionics systems market in the future. Avionic systems, which are electronic systems installed on aircraft for communication, navigation, display, and system management among other functions, enhance the operational efficiency of aircraft, thereby leading to an increased passenger count. For example, in March 2023, the Bureau of Transportation Statistics, a US government agency, reported that US airlines carried 853 million airline passengers in 2022, a rise from 658 million in 2021. Therefore, it's the growing number of airline passengers that's fueling the growth of the commercial avionics systems market.

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What Are the Key Segments Driving Commercial Avionics Systems Market Growth?
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

What Are the Technological Trends Impacting the Commercial Avionics Systems Market?
Prominent firms within the commercial avionics systems segment are focusing on unveiling innovative offerings, like line-fit connectivity solutions, to gain a competitive advantage. A line-fit connectivity solution, a factory-installed and integrated avionic system designed for military and commercial airplanes, provides the essential infrastructure and technology required to deliver in-flight connectivity facilities to passengers. For instance, Astronautics Corporation of America, a US-based avionics equipment creator, released AeroSync Mission (AEC115) in March 2022. AeroSync Mission (AEC115) is a connectivity solution designed to facilitate secure wireless data transmission within airplanes. It is a comprehensive air-to-ground data management platform that transfers information on and off the aircraft straightforwardly and safely. It transmits high-speed flight, mission, and maintenance data. AeroSync Mission (AEC115) functions as an avionics system within aircraft for both commercial and military aerospace.

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Who Are the Major Competitors in the Global Commercial Avionics Systems Market?
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.

Which Region Dominates the Commercial Avionics Systems Market Share in 2025?
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.

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