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Global Military Avionics Market Assessment 2014-2023

Global Military Avionics Market Assessment 2014-2023

The total military avionics market is estimated at $􂀀 billion in 2015 and is likely to reach $􂀀 billion in 2023 at a compound annual growth rate (CAGR) of 􂀀% from 2014 to 2023.

During the forecast period, the market will be realizing Open Systems Architecture (OSA)-based Integrated Modular Avionics (IMA). This will complement future C4ISR networks.

The Asia-Pacific (APAC) market will remain the fast growing at a CAGR of 􂀀%. The Middle East and Central Asia markets will expand at the next highest CAGRs of 􂀀% each.

Latin America will witness a CAGR of 􂀀%, while the European and North American markets will remain about level with CAGRs of 􂀀% and 􂀀% respectively between 2014 and 2023.

Ongoing efforts at naval modernization and increased focus on land platforms and operations will keep the short-and medium-term spending low. However, towards the end of the medium term, major aircraft procurement programs will converge, leading to higher avionics spending.

Combat aircraft (fourth/fifth generation fighters, attack helicopters) and special mission aircraft (maritime patrols/aerial refueling tankers/multi-role helicopters) will remain prominent in the major aircraft acquisition programs globally.

Intelligence, reconnaissance, and surveillance (ISR) requirements will drive the forces to choose avionics that will help them execute efficient surveillance/reconnaissance missions. Conflicts in Eastern Europe/Africa, rising threat perceptions in the South China Sea, and smuggling and piracy in Latin America/North-East Africa will drive the defense spending.

About this report

This study covers military avionics spending on new procurement and upgrade programs across the globe, specifically focusing on nations having defense budgets of $1 billion and above. It identifies the recent and upcoming key programs and provides insights into the estimated avionics spending. It discusses the current and future trends with regard to the systems that will be procured. The segmentation and revenue forecast analyses have been provided across the key product and platform segments. The study attempts to assess the impact of aircraft procurement and upgrade programs on the avionics spending with a focus on the evolving regional mission requirements that drive the uptake. The regional analysis also includes a discussion of the potential route-to-market opportunities.


  • Executive Summary
    • Key Findings
    • Market Engineering Measurements
    • CEO's Perspective
  • Market Overview
    • Key Questions This Study Will Answer
    • Geographic Scope
    • Market Overview-Geographic Scope
    • Product Segmentation
    • Platform Segmentation-Fixed and Rotary Wing
    • Market Segmentation
  • Drivers and Restraints-Total Military Avionics Market
    • Market Drivers
    • Drivers Explained
    • Market Restraints
    • Restraints Explained
  • Forecasts and Trends-Total Military Avionics Market
    • Market Engineering Measurements
      • Table Total Military Avionics Market: Market Engineering Measurements, Global, 2014
    • Forecast Assumptions
    • Revenue Forecast by Platform Role
      • Table Total Military Avionics Market: Revenue Forecast by Platform Role, Global, 2014-2023
    • Percent Revenue Forecast by Region
      • Table Total Military Avionics Market: Percent Revenue Forecast by Region, 2014-2023
    • Revenue Forecast by Region
      • Table Total Military Avionics Market: Revenue Forecast by Region, Global, 2014-2023
    • Global Hot Spots
    • Revenue Forecast by Product Segment
      • Table Total Military Aviation Market: Revenue Forecast by Product Segment, Global, 2014-2023
    • Revenue Forecast Discussion
  • Africa
    • Africa Key Findings
    • Market Drivers
    • Drivers Explained
    • Market Restraints
    • Restraints Explained
    • Africa-Revenue Forecast by Platform Role
      • Table Military Avionics Market: Revenue Forecast by Platform Role, Africa, 2014-2023
    • Africa-Revenue Forecast Discussion by Platform Role
    • Africa-Revenue Forecast by Product Segment
      • Table Military Avionics Market: Revenue Forecast by Product Segment, Africa, 2014-2023
    • Africa-Revenue Forecast Discussion by Product Segment
    • Regional Key Programs
    • Competitive Factors and Assessment
    • Regional Conclusions
  • Asia-Pacific
    • Asia-Pacific Key Findings
    • Market Drivers
    • Drivers Explained
    • Market Restraints
    • Restraints Explained
    • Asia-Pacific-Revenue Forecast by Platform Role
      • Table Military Avionics Market: Revenue Forecast by Platform Role, Asia-Pacific, 2014-2023
    • Asia-Pacific-Revenue Forecast Discussion by Platform Role
    • Asia-Pacific-Revenue Forecast by Product Segment
      • Table Military Avionics Market: Revenue Forecast by Product Segment, Asia-Pacific, 2014-2023
    • Asia-Pacific-Revenue Forecast Discussion by Product Segment
    • Regional Key Programs
    • Competitive Factors and Assessment
    • Regional Conclusions
  • Central Asia
    • Central Asia Key Findings
    • Market Drivers
    • Drivers Explained
    • Market Restraints
    • Restraints Explained
    • Central Asia-Revenue Forecast by Platform Role
      • Table Military Avionics Market: Revenue Forecast by Platform Role, Central Asia, 2014-2023
    • Central Asia-Revenue Forecast Discussion by Platform Role
    • Central Asia-Revenue Forecast by Product Segment
      • Table Military Avionics Market: Revenue Forecast by Product Segment, Central Asia, 2014-2023
    • Central Asia-Revenue Forecast Discussion by Product Segment
    • Regional Key Programs
    • Competitive Factors and Assessment
    • Regional Conclusions
  • North America
    • North America Key Findings
    • Market Drivers
    • Drivers Explained
    • Market Restraints
    • Restraints Explained
    • North America-Revenue Forecast by Platform Role
      • Table Military Avionics Market: Revenue Forecast by Platform Role, North America, 2014-2023
    • North America-Revenue Forecast Discussion by Platform Role
    • North America-Revenue Forecast by Product Segment
      • Table Military Avionics Market: Revenue Forecast by Product Segment, North America, 2014-2023
    • North America-Revenue Forecast Discussion by Product Segment
    • Regional Key Programs
    • Competitive Factors and Assessment
    • Regional Conclusions
  • Latin America
    • Latin America Key Findings
    • Market Drivers
    • Drivers Explained
    • Market Restraints
    • Restraints Explained
    • Latin America-Revenue Forecast by Platform Role
      • Table Military Avionics Market: Revenue Forecast by Platform Role, Latin America, 2014-2023
    • Latin America-Revenue Forecast Discussion by Platform Role
    • Latin America-Revenue Forecast by Product Segment
      • Table Military Avionics Market: Revenue Forecast by Product Segment, Latin America, 2014-2023
    • Latin America-Revenue Forecast Discussion by Product Segment
    • Regional Key Programs
    • Competitive Factors and Assessment
    • Regional Conclusions
  • Europe
    • Europe Key Findings
    • Market Drivers
    • Drivers Explained
    • Market Restraints
    • Restraints Explained
    • Europe-Revenue Forecast by Platform Role
      • Table Military Avionics Market: Revenue Forecast by Platform Role, Europe, 2014-2023
    • Europe-Revenue Forecast Discussion by Platform Role
    • Europe-Revenue Forecast by Product Segment
      • Table Military Avionics Market: Revenue Forecast by Product Segment, Europe, 2014-2023
    • Europe-Revenue Forecast Discussion by Product Segment
    • Regional Key Programs
    • Competitive Factors and Assessment
    • Regional Conclusions
  • The Middle East
    • The Middle East Key Findings
    • Market Drivers
    • Drivers Explained
    • Market Restraints
    • Restraints Explained
    • The Middle East-Revenue Forecast by Platform Role
      • Table Military Avionics Market: Revenue Forecast by Platform Role, Middle East, 2014-2023
    • The Middle East-Revenue Forecast Discussion by Platform Role
    • The Middle East-Revenue Forecast by Product Segment
      • Table Military Avionics Market: Revenue Forecast by Product Segment, The Middle East, 2014-2023
    • The Middle East-Revenue Forecast Discussion by Product Segment
    • Regional Key Programs
    • Competitive Factors and Assessment
    • Regional Conclusions
  • Strategic Recommendations
  • The Last Word
    • The Last Word-3 Big Predictions
    • The Last Word-3 Big Suggestions
  • Appendix
    • Market Engineering Methodology

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