Flight Navigation System Market Globally Grow at a CAGR of 5.87% by 2019

ALBANY, NY, FEB 24, 2017 : A flight navigation system is essential for navigating an aircraft. It is used to plan, record, and control an aircrafts movement from one place to another. The system includes autopilot, sensors, flight management, GNSS, automatic direction finder, and other systems that aid in the effective navigation of an aircraft. It also relies on instrument flight rules (IFR) and visual flight rules (VFR).

Technavio's analysts forecast the global flight navigation system market to grow at a CAGR of 5.87% over the period 2014-2019.

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Covered in this report
The report includes the present scenario and the growth prospects of the global flight navigation system market for the period 2015-2019. The market can be segmented into three: autopilot, sensors, and altimeter.

Technavio's report, Global Flight Navigation System Market 2015-2019, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the Americas, APAC, and EMEA; it also covers the landscape of the global flight navigation system market and its growth prospects in the coming years. The report includes a discussion of the key vendors operating in this market.

Key regions
Americas
APAC
EMEA

Key vendors
Honeywell International
Moog
Northrop Grumman
Raytheon
Rockwell Collins

Other prominent vendors
Esterline Technologies
GE Aviation
Navtech
Sagem

Key market driver
Growing demand for aircraft fleet
For a full, detailed list, view our report

Key market challenge
Vulnerable to Cyber Attacks
For a full, detailed list, view our report

Key market trend
Adoption of next-generation Avionics
For a full, detailed list, view our report

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Key questions answered in this report
What will the market size be in 2019 and what will the growth rate be?
What are the key market trends?
What is driving this market?
What are the challenges to market growth?
Who are the key vendors in this market space?
What are the market opportunities and threats faced by the key vendors?

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This release was published on openPR.