Flight Navigation System Market Research Report 2018 New Study, Overview, Rising Growth, and Forecast

Market Highlights:
The flight navigation system is equipment used for controlling an aircraft. There are various systems installed in aircraft such as autopilot, sensors, flight management systems, GNSS, automatic direction finder and others help aircraft, move from one place to another. The techniques that are used in the flight navigation in the air will entirely depend on the IFR or VFR. In case of VFR, the pilot will navigate the aircraft using dead reckoning.

The demand for the latest avionics systems and accurate flight navigation is continuously increasing so as to enhance the safety of passengers. With advancements in the technology, there have been significant improvements in autopilot system, which reduce human intervention and pilot work load and flight management system enhances the ways to reduce noise and improve flight plan. This increasing demand will help new generation aircraft such as A320 neo and Boeing 737max to be equipped with latest avionics, which will help in improving efficiency of the aircraft.

The next generation avionics that are capable of handling more air traffic and the shift towards NDB has become one of the major trends in the industry. The development of ERAM, flight management systems, ADS-B, ACMS and GAGAN are various systems that will help in effective monitoring and controlling of aircraft. NDB is a radio transmitter and operates in VHF band with a frequency of 190 KHz to 1750 KHz. It has the capability to access signals along the curvature of the earth even at long distances, which is one of the major advantages over marker beacon. The improved efficiency and the increased frequency levels of NDB, have led the market to shift towards NDB from marker beacon. For example, in Canada, marker beacons have been entirely replaced by NDBs because of its better coverage over long distances whereas in the U.S., an NDB is combined with marker beacon in the instrument landing system.

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Key Players

Honeywell,
Moog Inc.,
Northrop Grumman,
Raytheon,
Rockwell Collins.
Boeing,
Esterline Technologies,
GE Aviation,
Sagem,
Navtech.

Industry/ Innovation/ Related News:
May, 2017:- Northrop Grumman Corporation was awarded a contract from the U.S. Air Force to support their next-generation flight navigation systems.
June, 2017 - Esterline signed a contract with the Pilatus Aircraft Ltd., to provide cockpit displays and flight management system, GPS LandingSystem Sensors, Head-Up Display sub-system.
June, 2015:- Virgin Atlantic Airways (a UK-based airline company) selected Honeywell's new flight management service for increasing efficiency and fuel conservation

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Regional Analysis
The flight navigation markets in developing countries such as China are expected to grow significantly because of increasing airline fleets and investments in infrastructure. By 2034, China is likely to overtake the US as the world's largest air passenger market, with 1.3 billion passengers compared with 1.2 billion passengers in the US. This will result in an increased demand for aircraft, which in turn will lead to the development of new aircraft flight navigation system throughout the region.
South Korea IIAC and Indra has awarded a contract worth $60 million to develop Air Traffic Management, latest navigation and surveillance to Incheon International Airport in Seoul. These investments and the increase in the number of aircraft, have led the market to grow.

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