Airborne GPS retrofit Markets: Business and General AviationG2 SolutionsSeptember 15, 2007 40 Pages - SKU: GTS1610060 |
| Countries covered: North America A detailed examination of North American business and general aviation GPS Avionics retrofit markets indicates erosion among hardware revenues over time, and a corresponding increase in parts, repair, data and services opportunities. As GPS product capabilities increase and retrofit purchase cycles lengthen is it vital for avionics manufacturers to be close to both aircraft manufacturer, the installation shop as well as aircraft owners and operators. G2 Solutions forecasts a North American GPS retrofit market with fewer hardware opportunities over time. Revenues of close to $96 million in 2007 are actually a highpoint, with panel mount retrofits representing the largest percentage of revenues through to 2018. The research note fully forecasts integrated systems, panel-mount units and portable/handheld markets. G2 Solutions counted nearly 1,300 in-service aircraft to present installed-base findings by equipage rate, avionics manufacturer and aircraft type for both business and general aviation. |
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