2026 Global: Avionics Market-Competitive Review (2032) report
Description
The 2026 Global: Avionics Market-Competitive Review (2031) report features the global market size and projected growth/decline data for the period 2021 through 2032. The report primarily provides an examination of the business strategies for the ten largest global companies in the market and how their strategies differ.
Perry/Hope Partners' reports provide the most accurate industry forecasts based on our proprietary economic models. Our forecasts project the product market size nationally and by regions for 2021 to 2032 using regression analysis in our modeling. and Perry/Hope is the only market research publisher that utilizes both longitudinal (historical) and vertical (from market section to market division to market class) analysis, since we study every manufactured product in the countries we analyze. The report also provides written analysis on the market definition, market segments, and SWOT analysis (market strengths, weaknesses, opportunities, and threats).
The market study aims at estimating the market size and the growth potential of this market. Topics analyzed within the report include a detailed breakdown of the global markets for avionics market by geography and historical trend. The scope of the report extends to sizing of the avionics market market and global market trends with market data for 2024 as the base year, 2025 and 2026 as the estimate years with projection of CAGR from 2027 to 2032.
The report also features a list of the top ten largest global players in the market. A review of each company includes 1) an estimate of the market share, 2) a listing of the products and/or services in the market, and 3) the features of these products and/or services in the market. The report has a chapter on Comparative Business Strategies for the largest four players. An example of the Comparative Business Strategies analysis would be -- How does Netflix's business strategy to expand its market share in the global online streaming compare to Amazon Prime's business strategy through its video products and services?
The ten market players in this report and a brief synopsis of their participation in the market are:
The avionics market, projected to reach USD 82.33 billion by 2030 from USD 56.22 billion in 2025 at a 7.9% CAGR, is dominated by established giants delivering integrated systems for commercial, military, and business aviation. RTX (US), formerly Raytheon Technologies, leads with advanced avionics including Collins Aerospace solutions for communication, navigation, and flight management, bolstered by growth in Patriot and NASAMS systems amid global defense demands. Honeywell International Inc. (US) excels in auxiliary power units, environmental controls, radar, surveillance, and IoT-integrated sensors for predictive maintenance, serving both commercial fleets and electric air taxis through subsidiaries worldwide. L3Harris Technologies Inc. (US) specializes in mission systems, cockpit displays, and communication gear, innovating for military and commercial needs with a focus on situational awareness. General Electric (US), via GE Aviation, supplies avionics components alongside engines, integrating sensors for vibration, temperature, and health monitoring to enhance efficiency. Thales (France) provides cutting-edge electronic systems for aerospace, including navigation and radar, supporting aircraft modernization for critical missions.
Complementing these leaders, Curtiss-Wright Corporation (US) advances embedded computing and sensors for avionics durability in harsh environments, while Elbit Systems Ltd (Israel) delivers helmet-mounted displays and electro-optical systems for enhanced pilot capabilities. Northrop Grumman Corporation (US) contributes mission systems and integrated avionics for defense platforms, benefiting from congressional funding for Ukraine aid replenishment. BAE Systems (UK) offers electronic warfare and flight control systems, strengthening positions through partnerships in high-growth regions. Garmin Ltd (US) tops business aviation support with an 8.8 score in flight deck avionics, featuring graphical NOTAMs, autothrottle, and envelope protection for general aviation upgrades. These firms leverage R&D, contracts, and global networks to address demands for fuel efficiency, autonomy, and sustainability.
Emerging dynamics highlight Transdigm Group (US), Leonardo SpA (Italy), and Safran SA (France) as key players, with Transdigm focusing on proprietary components, Leonardo on integrated avionics for helicopters and fighters, and Safran on propulsion-linked sensors for hybrid-electric aircraft. Astronautics Corporation of America (US) and Meggitt PLC (UK) provide specialized instruments and safety systems, while growth strategies like product launches and agreements solidify rankings amid rising drone warfare and supersonic innovations. Competition intensifies with AI-enhanced sensors from Thales and RTX, positioning these top ten—RTX, Honeywell, L3Harris, GE, Thales, Curtiss-Wright, Elbit, Northrop Grumman, BAE Systems, and Garmin—for dominance in a market driven by geopolitical tensions and technological convergence.
Perry/Hope Partners' reports provide the most accurate industry forecasts based on our proprietary economic models. Our forecasts project the product market size nationally and by regions for 2021 to 2032 using regression analysis in our modeling. and Perry/Hope is the only market research publisher that utilizes both longitudinal (historical) and vertical (from market section to market division to market class) analysis, since we study every manufactured product in the countries we analyze. The report also provides written analysis on the market definition, market segments, and SWOT analysis (market strengths, weaknesses, opportunities, and threats).
The market study aims at estimating the market size and the growth potential of this market. Topics analyzed within the report include a detailed breakdown of the global markets for avionics market by geography and historical trend. The scope of the report extends to sizing of the avionics market market and global market trends with market data for 2024 as the base year, 2025 and 2026 as the estimate years with projection of CAGR from 2027 to 2032.
The report also features a list of the top ten largest global players in the market. A review of each company includes 1) an estimate of the market share, 2) a listing of the products and/or services in the market, and 3) the features of these products and/or services in the market. The report has a chapter on Comparative Business Strategies for the largest four players. An example of the Comparative Business Strategies analysis would be -- How does Netflix's business strategy to expand its market share in the global online streaming compare to Amazon Prime's business strategy through its video products and services?
The ten market players in this report and a brief synopsis of their participation in the market are:
The avionics market, projected to reach USD 82.33 billion by 2030 from USD 56.22 billion in 2025 at a 7.9% CAGR, is dominated by established giants delivering integrated systems for commercial, military, and business aviation. RTX (US), formerly Raytheon Technologies, leads with advanced avionics including Collins Aerospace solutions for communication, navigation, and flight management, bolstered by growth in Patriot and NASAMS systems amid global defense demands. Honeywell International Inc. (US) excels in auxiliary power units, environmental controls, radar, surveillance, and IoT-integrated sensors for predictive maintenance, serving both commercial fleets and electric air taxis through subsidiaries worldwide. L3Harris Technologies Inc. (US) specializes in mission systems, cockpit displays, and communication gear, innovating for military and commercial needs with a focus on situational awareness. General Electric (US), via GE Aviation, supplies avionics components alongside engines, integrating sensors for vibration, temperature, and health monitoring to enhance efficiency. Thales (France) provides cutting-edge electronic systems for aerospace, including navigation and radar, supporting aircraft modernization for critical missions.
Complementing these leaders, Curtiss-Wright Corporation (US) advances embedded computing and sensors for avionics durability in harsh environments, while Elbit Systems Ltd (Israel) delivers helmet-mounted displays and electro-optical systems for enhanced pilot capabilities. Northrop Grumman Corporation (US) contributes mission systems and integrated avionics for defense platforms, benefiting from congressional funding for Ukraine aid replenishment. BAE Systems (UK) offers electronic warfare and flight control systems, strengthening positions through partnerships in high-growth regions. Garmin Ltd (US) tops business aviation support with an 8.8 score in flight deck avionics, featuring graphical NOTAMs, autothrottle, and envelope protection for general aviation upgrades. These firms leverage R&D, contracts, and global networks to address demands for fuel efficiency, autonomy, and sustainability.
Emerging dynamics highlight Transdigm Group (US), Leonardo SpA (Italy), and Safran SA (France) as key players, with Transdigm focusing on proprietary components, Leonardo on integrated avionics for helicopters and fighters, and Safran on propulsion-linked sensors for hybrid-electric aircraft. Astronautics Corporation of America (US) and Meggitt PLC (UK) provide specialized instruments and safety systems, while growth strategies like product launches and agreements solidify rankings amid rising drone warfare and supersonic innovations. Competition intensifies with AI-enhanced sensors from Thales and RTX, positioning these top ten—RTX, Honeywell, L3Harris, GE, Thales, Curtiss-Wright, Elbit, Northrop Grumman, BAE Systems, and Garmin—for dominance in a market driven by geopolitical tensions and technological convergence.
Table of Contents
32 Pages
- 1.0 Scope of Report and Methodology
- 2.0 Market SWOT Analysis and Players
- 2.1 Market Definition
- 2.2 Market Segments
- 2.3 Market Strengths
- 2.4 Market Weaknesses
- 2.5 Market Threats
- 2.6 Market Opportunities
- 2.7 Major Players
- 3.0 Competitive Analysis
- 3.1 Market Player 1
- 3.2 Market Player 2
- 3.3 Market Player 3
- 3.4 Market Player 4
- 3.5 Market Player 5
- 3.6 Market Player 6
- 3.7 Market Player 7
- 3.8 Market Player 8
- 3.9 Market Player 9
- 3.10 Market Player 10
- 4.0 Comparative Business Strategies
- 4.1 Comparative Business Strategies of Player 1 and 2
- 4.2 Comparative Business Strategies of Player 1 and 3
- 4.3 Comparative Business Strategies of Player 1 and 4
- 4.4 Comparative Business Strategies of Player 2 and 3
- 4.5 Comparative Business Strategies of Player 2 and 4
- 4.6 Comparative Business Strategies of Player 3 and 4
- 5.0 Appendix
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