Global Rotorcraft Avionics Market 2018-2022
About rotorcraft avionics
The word avionics is portmanteau of aviation and electronics. Rotorcraft avionics comprise electromechanical elements and electronic devices, which are used for the platform operation. They include equipment for communication; cockpit display; control, monitoring, and navigation systems; and other electromechanical systems
Technavio’s analysts forecast the global rotorcraft avionics market to grow at a CAGR of 4.08% during the period 2017-2022.
Covered in this report
The report covers the present scenario and the growth prospects of the global rotorcraft avionics market for 2018-2022. To calculate the market size, the report considers the revenue generated from the sales of avionics systems used in commercial rotorcraft.
The market is divided into the following segments based on geography:
Technavio Announces the Publication of its Research Report – Global Rotorcraft Avionics Market 2018-2022
Technavio recognizes the following companies as the key players in the global rotorcraft avionics market: Garmin, GENERAL ELECTRIC (GE), Honeywell International, Rockwell Collins, Thales
Commenting on the report, an analyst from Technavio’s team said: “One trend that is affecting the market is energy-efficient FCS simulation”
According to the report, one driver that is affecting the market is advancement in avionics leading to enhanced safety features”
Further, the report states that one challenge that is affecting the market is overdependence on automated avionic systems reduces pilots' skills”
GENERAL ELECTRIC (GE)