Press release
Commercial Aircraft Avionics Systems Market Growth Industry Study in Detail along with Recent Study Segments, Future Growth, Upgraded technology and Latest Innovations by Trends by Forecast to 2021
MarketResearchFuture Analyst adds Commercial Aircraft Avionics Systems Market report it contains in depth information major drivers, restraints, opportunities, challenges, industry trends, business structure and areas of operation, products and their impact on the market forecast. Component, Business Function, Type, Organization Size, Vertical and services offered by the companyThe Leading Market Players in the global Commercial Aircraft Avionics Systems Market primarily include Cobham, Honeywell, Panasonic Avionics, Rockwell Collins, Thales, Curtiss-Wright, Elbit Systems, Garmin, GE Aviation, L-3 Communications, Universal Avionics System, and Zodiac Aerospace.
Industry/ Innovation/ Related News:
January, 2018:- Cascade Aerospace signed a contract with the Mexican Air Force, to modernise avionics on a C-130 Hercules aircraft with a Flight2 digital avionics suite, developed by Rockwell Collins.
December, 2017:- PZL company, a Poland-based company signed a contract with the Polish Ministry of Defence, to modernise a dozen PZL-130 Orlik trainer aircraft, with improved avionics and new wings.
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Commercial Aircraft Avionics Systems Market – Competitive Analysis
The Commercial Aircraft Avionics System Industry is a lucrative industry providing a healthy profit margin. Thus, many OEMs are attracted to this market and provide systems as well as integrated services to attract customers and capture the growing portion of this market.
The market is also highly competitive and vendors compete on the basis of cost, product quality, reliability, technological innovation, and market share. To survive and succeed in such an intensely competitive environment, it is crucial for vendors to provide cost-effective and high-quality commercial aircraft avionics system.
Regional Analysis
Europe and the Middle East are driving the growth of the market in the EMEA region. Europe is one of the largest aviation markets worldwide and has adopted next generation air transport modernization program such as SESAR. In 2014, SESAR launched a flight demonstration project for augmented approaches, and the SESAR JU formed a new consortium as a part of this program. The consortium, called A3, intends to perform more than 200 demonstration flights at airports across Europe to validate the new approach and landing technologies. A3 also wants to develop new approach and landing solutions based on five different technologies, including SVGS. The other four are curved RNP paths, GBAS, SBAS, and EFVS. This will increase air traffic throughput while also reducing aircraft emissions and noise. The program is being executed in cooperation with companies such as Honeywell and Elbit Systems (supply avionics and SVS), Dassault Aviation, and Airbus (to provide airframe manufacturing and aircraft systems support). It also includes participation from airlines such as Lufthansa and Swiss International Air Lines and the Perigueux, Bergerac, Bordeaux, Ostrava, Bremen, Frankfurt and Zurich airports.
Israel is one of the leading markets for aircraft avionics technology in the Middle East. Israel-based Elbit Systems has been involved in major SVS R&D and product development. Elbit Systems, in cooperation with the Norwegian company Nicarnica Aviation, has been working to integrate volcanic ash cloud detector system data into the cockpit’s enhanced vision display. UK-based EasyJet airline is also participating in this program and expects to install the production version of the integrated system in its aircraft in 2015. Airbus is one of the partners involved in the program and plans to integrate such displays with the main avionics in the aircraft. Such developments will enable airlines to fly in low-visibility atmospheric conditions, such as the one after the eruption of Icelandic volcano Eyjafjallajökull in 2010. Many aircraft across Europe were grounded during the incident because of low visibility.
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