
Military Aircraft Avionics Market Size, Share, and Analysis, By Type (General Aircraft Avionics, Mission-Specific Avionics), By Application (Aerospace Corporation, National Defense Organization, Government Authority, Defense Company, Research Institutions
Description
Military Aircraft Avionics Market Size, Share, and Analysis, By Type (General Aircraft Avionics, Mission-Specific Avionics), By Application (Aerospace Corporation, National Defense Organization, Government Authority, Defense Company, Research Institutions, Regulators), By End User (OEM, Aftermarket) and Regional Forecasts, 2022-2032
Military Aircraft Avionics Market Size, Share, and Analysis, By Type (General Aircraft Avionics, Mission-Specific Avionics), By Application (Aerospace Corporation, National Defense Organization, Government Authority, Defense Company, Research Institutions, Regulators), By End User (OEM, Aftermarket) and Regional Forecasts, 2022-2032
PRODUCT OVERVIEW
Military Aircraft Avionics Market size was USD 33.81 billion in 2021 and projected to grow from USD 36.8 billion in 2023 to USD 54.5 billion by 2032, exhibiting a CAGR of 4.4% during the forecast period.
Avionics is a combination of electronics and aviation. These electronic systems are majorly used on aircraft. Avionic systems comprise navigation, communications, the management and display of numerous systems, and the manifold systems that are fixed to aircraft for performing discrete operations. Besides these, they also comprise infrared threat and electro-optic sensors, secure tactical communications, activity monitors, countermeasures dispensers, weapons trackers, and other assimilated electronic support, attack, and protection capabilities.
MARKET HIGHLIGHTS
Military Aircraft Avionics Market is expected to reach USD 54.5 billion, growing at a CAGR of 4.4% during the forecast period owing to the increasing adoption of aircraft upgradation programs by the militaries across the globe. Also, rising investments for global militaries is also boosting the growth of Military Aircraft Avionics Market in the forecast period.
Military Aircraft Avionics Market Segments:
- Type
- General Aircraft Avionics
- Mission-Specific Avionics
- Application
- Aerospace Corporation
- National Defense Organization
- Government Authority
- Defense Company
- Research Institutions
- Regulators
- End User
- OEM
- Aftermarket
Growth Drivers
Development of Advanced Avionics to Replace the Old Systems is Expected to Boost the Market Growth
Growing Investments and Rising Demand for Improved Infrastructure are Expected to Boost the Market Growth
Restraint
Significantly Priced Avionics Systems and Costly Research & Development May Restrain the Market Growth
Key Players
- Lockheed Martin Corporation
- Honeywell Aerospace
- Collins Aerospace
- Thales Group
- GE Aviation
- L-3 Avionics Systems
- Elbit Systems
- Curtiss-Wright
- ENSCO Avionics
- ForeFlight
- Avidyne
- Aspen Avionics
- Sagetech
- Hilton Software
- Xavion
- Other Prominent Players (Company Overview, Business Strategy, Key Product Offerings, Financial Performance, Key Performance Indicators, Risk Analysis, Recent Development, Regional Presence, SWOT Analysis)
- North America Market Size, Share, Trends, Opportunities, Y-o-Y Growth, CAG.R – United States and Canada
- Latin America Market Size, Share, Trends, Opportunities, Y-o-Y Growth, CAGR – Mexico, Argentina, Brazil and Rest of Latin America
- Europe Market Size, Share, Trends, Opportunities, Y-o-Y Growth, CAGR – United Kingdom, France, Germany, Italy, Spain, Belgium, Hungary, Luxembourg, Netherlands, Poland, NORDIC, Russia, Turkey and Rest of Europe
- Asia Pacific Market Size, Share, Trends, Opportunities, Y-o-Y Growth, CAGR – India, China, South Korea, Japan, Malaysia, Indonesia, New Zealand, Australia and Rest of APAC
- Middle East and Africa Market Size, Share, Trends, Opportunities, Y-o-Y Growth, CAGR – North Africa, Israel, GCC, South Africa and Rest of MENA
- Qualitative and quantitative analysis of the market based on segmentation involving both economic as well as non-economic factors
- Provision of market value (USD Billion) data for each segment and sub-segment
- Indicates the region and segment that is expected to witness the fastest growth as well as to dominate the market
- Analysis by geography highlighting the consumption of the product/service in the region as well as indicating the factors that are affecting the market within each region
- Competitive landscape which incorporates the market ranking of the major players, along with new service/product launches, partnerships, business expansions, and acquisitions in the past five years of companies profiled
- Extensive company profiles comprising of company overview, company insights, product benchmarking, and SWOT analysis for the major market players
- The current as well as the future market outlook of the industry with respect to recent developments which involve growth opportunities and drivers as well as challenges and restraints of both emerging as well as developed regions
- Includes in-depth analysis of the market of various perspectives through Porter’s five forces analysis
- Provides insight into the market through Value Chain
- Market dynamics scenario, along with growth opportunities of the market in the years to come
- 3-month post-sales analyst support.
Table of Contents
531 Pages
- 1. Executive Summary
- 1.1. Regional Market Share
- 1.2. Business Trends
- 1.3. Military Aircraft Avionics Market: COVID-19 Outbreak
- 1.4. Regional Trends
- 1.5. Segmentation Snapshot
- 2. Research Methodology
- 2.1. Research Objective
- 2.2. Research Approach
- 2.3. Data Sourcing and Methodology
- 2.4. Primary Research
- 2.5. Secondary Research
- 2.5.1. Paid Sources
- 2.5.2. Public Sources
- 2.6. Market Size Estimation and Data Triangulation
- 3. Market Characteristics
- 3.1. Market Definition
- 3.2. Military Aircraft Avionics Market: COVID-19 Impact
- 3.3. Key Segmentations
- 3.4. Key Developments
- 3.5. Allied Industry Data
- 4. Military Aircraft Avionics Market – Industry Insights
- 4.1. Industry Segmentation
- 4.2. COVID-19 overview on world economy
- 4.3. Industry ecosystem Channel analysis
- 4.4. Innovation & Sustainability
- 5. Macroeconomic Indicators
- 6. Recent Developments
- 7. Market Dynamics
- 7.1. Introduction
- 7.2. Growth Drivers
- 7.3. Market Opportunities
- 7.4. Market Restraints
- 7.5. Market Trends
- 8. Market Analysis
- 8.1. Porters Five Forces
- 8.2. PEST Analysis
- 8.2.1. Political
- 8.2.2. Economic
- 8.2.3. Social
- 8.2.4. Technological
- 9. Military Aircraft Avionics Market
- 9.1. Overview
- 9.2. Historical Analysis (2016-2021)
- 9.2.1. Market Size, Y-o-Y Growth (%) and Market Forecast
- 10. Military Aircraft Avionics Market Size & Forecast 2022 A -2032 F
- 10.1. Overview
- 10.2. Key Findings
- 10.3. Market Segmentation
- 10.3.1. By Type
- 10.3.1.1. General Aircraft Avionics
- 10.3.1.1.1. By Value (USD Million) 2022-2032 F
- 10.3.1.1.2. Market Share (%) 2022-2032 F
- 10.3.1.1.3. Y-o-Y Growth (%) 2022-2032 F
- 10.3.1.2. Mission-Specific Avionics
- 10.3.1.2.1. By Value (USD Million) 2022-2032 F
- 10.3.1.2.2. Market Share (%) 2022-2032 F
- 10.3.1.2.3. Y-o-Y Growth (%) 2022-2032 F
- 10.3.2. By Application
- 10.3.2.1. Aerospace Corporation
- 10.3.2.1.1. By Value (USD Million) 2022-2032 F
- 10.3.2.1.2. Market Share (%) 2022-2032 F
- 10.3.2.1.3. Y-o-Y Growth (%) 2022-2032 F
- 10.3.2.2. National Defense Organization
- 10.3.2.2.1. By Value (USD Million) 2022-2032 F
- 10.3.2.2.2. Market Share (%) 2022-2032 F
- 10.3.2.2.3. Y-o-Y Growth (%) 2022-2032 F
- 10.3.2.3. Government Authority
- 10.3.2.3.1. By Value (USD Million) 2022-2032 F
- 10.3.2.3.2. Market Share (%) 2022-2032 F
- 10.3.2.3.3. Y-o-Y Growth (%) 2022-2032 F
- 10.3.2.4. Defense Company
- 10.3.2.4.1. By Value (USD Million) 2022-2032 F
- 10.3.2.4.2. Market Share (%) 2022-2032 F
- 10.3.2.4.3. Y-o-Y Growth (%) 2022-2032 F
- 10.3.2.5. Research Institutions
- 10.3.2.5.1. By Value (USD Million) 2022-2032 F
- 10.3.2.5.2. Market Share (%) 2022-2032 F
- 10.3.2.5.3. Y-o-Y Growth (%) 2022-2032 F
- 10.3.2.6. Regulators
- 10.3.2.6.1. By Value (USD Million) 2022-2032 F
- 10.3.2.6.2. Market Share (%) 2022-2032 F
- 10.3.2.6.3. Y-o-Y Growth (%) 2022-2032 F
- 10.3.3. By End User
- 10.3.3.1. OEM
- 10.3.3.1.1. By Value (USD Million) 2022-2032 F
- 10.3.3.1.2. Market Share (%) 2022-2032 F
- 10.3.3.1.3. Y-o-Y Growth (%) 2022-2032 F
- 10.3.3.2. Aftermarket
- 10.3.3.2.1. By Value (USD Million) 2022-2032 F
- 10.3.3.2.2. Market Share (%) 2022-2032 F
- 10.3.3.2.3. Y-o-Y Growth (%) 2022-2032 F
- 11. North America Military Aircraft Avionics Market Size & Forecast 2022 A -2032 F
- 11.1. Overview
- 11.2. Key Findings
- 11.3. Market Segmentation
- 11.3.1. By Type
- 11.3.2. By Application
- 11.3.3. By End User
- 11.4. Country
- 11.4.1. United States
- 11.4.2. Canada
- 12. Europe Military Aircraft Avionics Market Size & Forecast 2022 A -2032 F
- 12.1. Overview
- 12.2. Key Findings
- 12.3. Market Segmentation
- 12.3.1. By Type
- 12.3.2. By Application
- 12.3.3. By End User
- 12.4. Country
- 12.4.1. Germany
- 12.4.2. United Kingdom
- 12.4.3. France
- 12.4.4. Italy
- 12.4.5. Spain
- 12.4.6. Russia
- 12.4.7. Rest of Europe (BENELUX, NORDIC, Hungary, Turkey & Poland)
- 13. Asia Military Aircraft Avionics Market Size & Forecast 2022 A -2032 F
- 13.1. Overview
- 13.2. Key Findings
- 13.3. Market Segmentation
- 13.3.1. By Type
- 13.3.2. By Application
- 13.3.3. By End User
- 13.4. Country
- 13.4.1. India
- 13.4.2. China
- 13.4.3. South Korea
- 13.4.4. Japan
- 13.4.5. Rest of APAC
- 14. Middle East and Africa Military Aircraft Avionics Market Size & Forecast 2022 A -2032 F
- 14.1. Overview
- 14.2. Key Findings
- 14.3. Market Segmentation
- 14.3.1. By Type
- 14.3.2. By Application
- 14.3.3. By End User
- 14.4. Country
- 14.4.1. Israel
- 14.4.2. GCC
- 14.4.3. North Africa
- 14.4.4. South Africa
- 14.4.5. Rest of Middle East and Africa
- 15. Latin America Military Aircraft Avionics Market Size & Forecast 2022 A -2032 F
- 15.1. Overview
- 15.2. Key Findings
- 15.3. Market Segmentation
- 15.3.1. By Type
- 15.3.2. By Application
- 15.3.3. By End User
- 15.4. Country
- 15.4.1. Mexico
- 15.4.2. Brazil
- 15.4.3. Rest of Latin America
- 16. Competitive Landscape
- 16.1. Company market share, 2021
- 16.2. Key player overview
- 16.3. Key stakeholders
- 17. Company Profiles
- 17.1. Lockheed Martin Corporation
- 17.1.1. Company Overview
- 17.1.2. Financial Overview
- 17.1.3. Key Product; Analysis
- 17.1.4. Company Assessment
- 17.1.4.1. Product Portfolio
- 17.1.4.2. Key Clients
- 17.1.4.3. Market Share
- 17.1.4.4. Recent News & Development (Last 3 Yrs.)
- 17.1.4.5. Executive Team
- 17.2. Honeywell Aerospace
- 17.3. Collins Aerospace
- 17.4. Thales Group
- 17.5. GE Aviation
- 17.6. L-3 Avionics Systems
- 17.7. Elbit Systems
- 17.8. Curtiss-Wright
- 17.9. ENSCO Avionics
- 17.10. ForeFlight
- 17.11. Avidyne
- 17.12. Aspen Avionics
- 17.13. Sagetech
- 17.14.Hilton Software
- 17.15. Xavion
- 17.16. Other Prominent Players
- 18. Appendix
- 19. Consultant Recommendation
Pricing
Currency Rates
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