Press release
Military Aircraft Avionics Market to rise at a CAGR of around 3% during 2016-2021
Global Military Aircraft Avionics Market Report by Aircraft Types (Combat Aircraft, Transport Aircraft, Rotorcraft, UAVs, and Others), and by Geography- Forecast to 2021
Market Synopsis of Military Aircraft Avionics
The global Military Aircraft Avionics market is expected to grow at a CAGR of around 3% during 2016-2021. Improvement in flight safety, growing demand for synthetic vision systems, and increasing need for advanced avionics systems are the factors driving the market.
The complexities attached to modern warfare also demands advanced military avionics systems for effective defense and surveillance mechanism. Unmanned Aerial Vehicle (UVAs) is the key segment driving the avionics market.
As of 2015, Americas account 55% of the market share. It is likely to reach $XX billion by 2021, growing at a CAGR of around 2%. With the increased defense spending and procurement of next generation aircraft, APAC will register the highest growth and drive the demand for military avionics market.
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Study Objectives of Military Aircraft Avionics
• To provide detailed analysis of the market structure along with forecast for the next 5 years of the various segments and sub-segments of the global Military Aircraft Avionics market
• To provide insights about factors affecting the market growth
• To Analyze the Military Aircraft Avionics market based on various factors- price analysis, supply chain analysis, Porters five force analysis.
• To provide historical and forecast revenue of the market segments and sub-segments with respect to six main geographies and their countries- North America, Europe, Asia-Pacific, South America, Middle East, and Africa
• To provide country level analysis of the market with respect to the current market size and future prospective
• To provide country level analysis of the market for segment by aircraft types and by region as well as its sub segments
• To provide strategic profiling of key players in the market, comprehensively analyzing their core competencies, and drawing a competitive landscape for the market
• To track and analyze competitive developments such as joint ventures, strategic alliances, mergers and acquisitions, and new product developments in the global Military Aircraft Avionics market
Key Player
Some of the key players in the Military Aircraft Avionics Market are Avidyne, GE Aviation, Honeywell, Rockwell Collins, Thales Group, Aspen Avionics, Curtiss-Wright, Elbit Systems, ENSCO Avionics, ForeFlight, L-3 Avionics Systems, Sagetech, Xavion, Zodiac Aerospace, and Hilton Software
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The market report for Military Aircraft Avionics market of Market Research Future comprises of extensive primary research along with the detailed analysis of qualitative as well as quantitative aspects by various industry experts, key opinion leaders to gain the deeper insight of the market and industry performance. The report gives the clear picture of current market scenario which includes historical and projected market size in terms of value and volume, technological advancement, macro economical and governing factors in the market. The report provides details information and strategies of the top key players in the industry. The report also gives a broad study of the different market segments and regions.
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We are thankful for the support and assistance from Global Military Aircraft Digital Glass Cockpit Systems Market Research Report- Forecast to 2021 chain related technical experts and marketing experts during Research Team survey and interviews.
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Market Research Future
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