
Avionics Market Share, Size, Trends, Industry Analysis Report, By System; By Fit; By Platform (Commercial, Military, General); By Region; Segment Forecast, 2022 - 2030
Description
Avionics Market Share, Size, Trends, Industry Analysis Report, By System; By Fit; By Platform (Commercial, Military, General); By Region; Segment Forecast, 2022 - 2030
The global avionics market size is expected to reach USD 83.49 billion by 2030, according to a new study by Polaris Market Research. The report “Avionics Market Share, Size, Trends, Industry Analysis Report, By System; By Fit; By Platform (Commercial, Military, General); By Region; Segment Forecast, 2022 – 2030” gives a detailed insight into current market dynamics and provides an analysis of future market growth.
The continuous modernization of existing avionics with a next-generation integrated system and growing R&D spending by governments drives the market growth. Furthermore, the rising demand for fuel-efficient aircraft with the advanced aircraft computer system is a key driving factor of market growth.
In addition, the rising demand for military aircraft in emerging economies such as China & India will spur the market. Governments in these nations are heavily invested in advanced aircraft systems. For instance, In September 2016, the Indian government signed a contract with the French government to supply 36 Rafale fighter jets.
The COVID-19 pandemic had a negative impact on the demand for the market owing to a high decline in passenger traffic with stringent government regulations across the globe. Moreover, a steep decrease in government investment also hampered the market.
Avionics Market Report Highlights
The growing demand for navigation systems is due to the improvement of aircraft fleets by many airline players with the latest electronic equipment for safety and fuel efficiency. The line fit segment accounted for the highest revenue share in 2021 and is expected to continue its dominance because it is directly installed into aircraft cockpits by OEMs. It offers a new level of operability. North America is expected to dominate the market over the forecast period on account of high investments by domestic players, availability of raw materials, and advanced technologies in aerospace manufacturing facilities are collectively increasing the market demand. Major players operating in the industry include General Electric Company, Raytheon Technologies, L3Harris Technologies Inc., Honeywell International Inc., Curtiss-Wright Corporation, Safran SA, BAE Systems PLC, Meggitt PLC, and Garmin Limited.
Polaris Market Research has segmented the avionics market report based on system, fit, platform, and region:
Avionics, System Outlook (Revenue – USD Billion, 2018 – 2030)
Flight Management Communication Navigation Weather Detection Traffic and Collision Management Others
Avionics, Fit Outlook (Revenue – USD Billion, 2018 – 2030)
Retrofit Line Fit
Avionics, Platform Outlook (Revenue – USD Billion, 2018 – 2030)
Commercial Military General
Avionics, Regional Outlook (Revenue – USD Billion, 2018 – 2030)
North America U.S Canada Europe Germany UK France Italy Spain Russia Netherlands Asia Pacific China India Japan South Korea Indonesia Malaysia Latin America Argentina Brazil Mexico Middle East & Africa UAE Saudi Arabia Israel South Africa
The global avionics market size is expected to reach USD 83.49 billion by 2030, according to a new study by Polaris Market Research. The report “Avionics Market Share, Size, Trends, Industry Analysis Report, By System; By Fit; By Platform (Commercial, Military, General); By Region; Segment Forecast, 2022 – 2030” gives a detailed insight into current market dynamics and provides an analysis of future market growth.
The continuous modernization of existing avionics with a next-generation integrated system and growing R&D spending by governments drives the market growth. Furthermore, the rising demand for fuel-efficient aircraft with the advanced aircraft computer system is a key driving factor of market growth.
In addition, the rising demand for military aircraft in emerging economies such as China & India will spur the market. Governments in these nations are heavily invested in advanced aircraft systems. For instance, In September 2016, the Indian government signed a contract with the French government to supply 36 Rafale fighter jets.
The COVID-19 pandemic had a negative impact on the demand for the market owing to a high decline in passenger traffic with stringent government regulations across the globe. Moreover, a steep decrease in government investment also hampered the market.
Avionics Market Report Highlights
Polaris Market Research has segmented the avionics market report based on system, fit, platform, and region:
Avionics, System Outlook (Revenue – USD Billion, 2018 – 2030)
Avionics, Fit Outlook (Revenue – USD Billion, 2018 – 2030)
Avionics, Platform Outlook (Revenue – USD Billion, 2018 – 2030)
Avionics, Regional Outlook (Revenue – USD Billion, 2018 – 2030)
Table of Contents
114 Pages
- 1. Introduction
- 1.1. Report Description
- 1.1.1. Objectives of the Study
- 1.1.2. Market Scope
- 1.1.3. Assumptions
- 1.2. Stakeholders
- 2. Executive Summary
- 2.1. Market Highlights
- 3. Research Methodology
- 3.1. Overview
- 3.1.1. Data Mining
- 3.2. Data Sources
- 3.2.1. Primary Sources
- 3.2.2. Secondary Sources
- 4. Global Avionics Market Insights
- 4.1. Avionics – Industry Snapshot
- 4.2. Avionics Market Dynamics
- 4.2.1. Drivers and Opportunities
- 4.2.1.1. Increasing demand for commercial aircraft deliveries
- 4.2.1.2. Adoption of low-cost airlines
- 4.2.2. Restraints and Challenges
- 4.2.2.1. High system complexity
- 4.3. Porter’s Five Forces Analysis
- 4.3.1. Bargaining Power of Suppliers (Moderate)
- 4.3.2. Threats of New Entrants: (Low)
- 4.3.3. Bargaining Power of Buyers (Moderate)
- 4.3.4. Threat of Substitute (Moderate)
- 4.3.5. Rivalry among existing firms (High)
- 4.4. PESTEL Analysis
- 4.5. Avionics Market Industry Trends
- 4.6. Value Chain Analysis
- 4.7. COVID-19 Impact Analysis
- 5. Global Avionics Market, by System
- 5.1. Key Findings
- 5.2. Introduction
- 5.2.1. Global Avionics Market, by System, 2018 - 2030 (USD Billion)
- 5.3. Flight Management
- 5.3.1. Global Avionics Market, by Flight Management, by Region, 2018 - 2030 (USD Billion)
- 5.4. Communication
- 5.4.1. Global Avionics Market, by Communication, by Region, 2018 - 2030 (USD Billion)
- 5.5. Navigation
- 5.5.1. Global Avionics Market, by Navigation, by Region, 2018 - 2030 (USD Billion)
- 5.6. Weather Detection
- 5.6.1. Global Avionics Market, by Weather Detection, by Region, 2018 - 2030 (USD Billion)
- 5.7. Traffic and Collision Management
- 5.7.1. Global Avionics Market, by Traffic and Collision Management, by Region, 2018 - 2030 (USD Billion)
- 5.8. Others
- 5.8.1. Global Other Avionics Market, by Region, 2018 - 2030 (USD Billion)
- 6. Global Avionics Market, by Fit
- 6.1. Key Findings
- 6.2. Introduction
- 6.2.1. Global Avionics Market, by Fit, 2018 - 2030 (USD Billion)
- 6.3. Retrofit
- 6.3.1. Global Avionics Market, by Retrofit, by Region, 2018 - 2030 (USD Billion)
- 6.4. Line Fit
- 6.4.1. Global Avionics Market, by Line Fit, by Region, 2018 - 2030 (USD Billion)
- 7. Global Avionics Market, by Platform
- 7.1. Key Findings
- 7.2. Introduction
- 7.2.1. Global Avionics Market, by Platform, 2018 - 2030 (USD Billion)
- 7.3. Commercial
- 7.3.1. Global Avionics Market, by Commercial, by Region, 2018 - 2030 (USD Billion)
- 7.4. Military
- 7.4.1. Global Avionics Market, by Military, by Region, 2018 - 2030 (USD Billion)
- 7.5. General
- 7.5.1. Global Avionics Market, by General, by Region, 2018 - 2030 (USD Billion)
- 8. Global Avionics Market, by Geography
- 8.1. Key findings
- 8.2. Introduction
- 8.2.1. Avionics Market Assessment, By Geography, 2018 - 2030 (USD Billion)
- 8.3. Avionics Market – North America
- 8.3.1. North America: Avionics Market, by System, 2018 - 2030 (USD Billion)
- 8.3.2. North America: Avionics Market, by Platform, 2018 - 2030 (USD Billion)
- 8.3.3. North America: Avionics Market, by Fit, 2018 - 2030 (USD Billion)
- 8.3.4. Avionics Market – U.S.
- 8.3.4.1. U.S.: Avionics Market, by System, 2018 - 2030 (USD Billion)
- 8.3.4.2. U.S.: Avionics Market, by Platform, 2018 - 2030 (USD Billion)
- 8.3.4.3. U.S.: Avionics Market, by Fit, 2018 - 2030 (USD Billion)
- 8.3.5. Avionics Market – Canada
- 8.3.5.1. Canada: Avionics Market, by System, 2018 - 2030 (USD Billion)
- 8.3.5.2. Canada.: Avionics Market, by Platform, 2018 - 2030 (USD Billion)
- 8.3.5.3. Canada: Avionics Market, by Fit, 2018 - 2030 (USD Billion)
- 8.4. Avionics Market – Europe
- 8.4.1. Europe: Avionics Market, by System, 2018 - 2030 (USD Billion)
- 8.4.2. Europe.: Avionics Market, by Platform, 2018 - 2030 (USD Billion)
- 8.4.3. Europe: Avionics Market, by Fit, 2018 - 2030 (USD Billion)
- 8.4.4. Avionics Market – UK
- 8.4.4.1. UK: Avionics Market, by System, 2018 - 2030 (USD Billion)
- 8.4.4.2. UK.: Avionics Market, by Platform, 2018 - 2030 (USD Billion)
- 8.4.4.3. UK: Avionics Market, by Fit, 2018 - 2030 (USD Billion)
- 8.4.5. Avionics Market – France
- 8.4.5.1. France: Avionics Market, by System, 2018 - 2030 (USD Billion)
- 8.4.5.2. France.: Avionics Market, by Platform, 2018 - 2030 (USD Billion)
- 8.4.5.3. France: Avionics Market, by Fit, 2018 - 2030 (USD Billion)
- 8.4.6. Avionics Market – Germany
- 8.4.6.1. Germany: Avionics Market, by System, 2018 - 2030 (USD Billion)
- 8.4.6.2. Germany.: Avionics Market, by Platform, 2018 - 2030 (USD Billion)
- 8.4.6.3. Germany: Avionics Market, by Fit, 2018 - 2030 (USD Billion)
- 8.4.7. Avionics Market – Italy
- 8.4.7.1. Italy: Avionics Market, by System, 2018 - 2030 (USD Billion)
- 8.4.7.2. Italy.: Avionics Market, by Platform, 2018 - 2030 (USD Billion)
- 8.4.7.3. Italy: Avionics Market, by Fit, 2018 - 2030 (USD Billion)
- 8.4.8. Avionics Market – Spain
- 8.4.8.1. Spain: Avionics Market, by System, 2018 - 2030 (USD Billion)
- 8.4.8.2. Spain.: Avionics Market, by Platform, 2018 - 2030 (USD Billion)
- 8.4.8.3. Spain: Avionics Market, by Fit, 2018 - 2030 (USD Billion)
- 8.4.9. Avionics Market – Netherlands
- 8.4.9.1. Netherlands: Avionics Market, by System, 2018 - 2030 (USD Billion)
- 8.4.9.2. Netherlands.: Avionics Market, by Platform, 2018 - 2030 (USD Billion)
- 8.4.9.3. Netherlands: Avionics Market, by Fit, 2018 - 2030 (USD Billion)
- 8.4.10. Avionics Market – Russia
- 8.4.10.1. Russia: Avionics Market, by System, 2018 - 2030 (USD Billion)
- 8.4.10.2. Russia.: Avionics Market, by Platform, 2018 - 2030 (USD Billion)
- 8.4.10.3. Russia: Avionics Market, by Fit, 2018 - 2030 (USD Billion)
- 8.5. Avionics Market – Asia Pacific
- 8.5.1. Asia Pacific: Avionics Market, by System, 2018 - 2030 (USD Billion)
- 8.5.2. Asia Pacific.: Avionics Market, by Platform, 2018 - 2030 (USD Billion)
- 8.5.3. Asia Pacific: Avionics Market, by Fit, 2018 - 2030 (USD Billion)
- 8.5.4. Avionics Market – China
- 8.5.4.1. China: Avionics Market, by System, 2018 - 2030 (USD Billion)
- 8.5.4.2. China.: Avionics Market, by Platform, 2018 - 2030 (USD Billion)
- 8.5.4.3. China: Avionics Market, by Fit, 2018 - 2030 (USD Billion)
- 8.5.5. Avionics Market – India
- 8.5.5.1. India: Avionics Market, by System, 2018 - 2030 (USD Billion)
- 8.5.5.2. India.: Avionics Market, by Platform, 2018 - 2030 (USD Billion)
- 8.5.5.3. India: Avionics Market, by Fit, 2018 - 2030 (USD Billion)
- 8.5.6. Avionics Market – Malaysia
- 8.5.6.1. Malaysia: Avionics Market, by System, 2018 - 2030 (USD Billion)
- 8.5.6.2. Malaysia.: Avionics Market, by Platform, 2018 - 2030 (USD Billion)
- 8.5.6.3. Malaysia: Avionics Market, by Fit, 2018 - 2030 (USD Billion)
- 8.5.7. Avionics Market – Japan
- 8.5.7.1. Japan: Avionics Market, by System, 2018 - 2030 (USD Billion)
- 8.5.7.2. Japan.: Avionics Market, by Platform, 2018 - 2030 (USD Billion)
- 8.5.7.3. Japan: Avionics Market, by Fit, 2018 - 2030 (USD Billion)
- 8.5.8. Avionics Market – Indonesia
- 8.5.8.1. Indonesia: Avionics Market, by System, 2018 - 2030 (USD Billion)
- 8.5.8.2. Indonesia.: Avionics Market, by Platform, 2018 - 2030 (USD Billion)
- 8.5.8.3. Indonesia: Avionics Market, by Fit, 2018 - 2030 (USD Billion)
- 8.5.9. Avionics Market – South Korea
- 8.5.9.1. South Korea: Avionics Market, by System, 2018 - 2030 (USD Billion)
- 8.5.9.2. South Korea.: Avionics Market, by Platform, 2018 - 2030 (USD Billion)
- 8.5.9.3. South Korea: Avionics Market, by Fit, 2018 - 2030 (USD Billion)
- 8.6. Avionics Market – Middle East & Africa
- 8.6.1. Middle East & Africa: Avionics Market, by System, 2018 - 2030 (USD Billion)
- 8.6.2. Middle East & Africa.: Avionics Market, by Platform, 2018 - 2030 (USD Billion)
- 8.6.3. Middle East & Africa: Avionics Market, by Fit, 2018 - 2030 (USD Billion)
- 8.6.4. Avionics Market – Saudi Arabia
- 8.6.4.1. Saudi Arabia: Avionics Market, by System, 2018 - 2030 (USD Billion)
- 8.6.4.2. Saudi Arabia.: Avionics Market, by Platform, 2018 - 2030 (USD Billion)
- 8.6.4.3. Saudi Arabia: Avionics Market, by Fit, 2018 - 2030 (USD Billion)
- 8.6.5. Avionics Market – UAE
- 8.6.5.1. UAE: Avionics Market, by System, 2018 - 2030 (USD Billion)
- 8.6.5.2. UAE.: Avionics Market, by Platform, 2018 - 2030 (USD Billion)
- 8.6.5.3. UAE: Avionics Market, by Fit, 2018 - 2030 (USD Billion)
- 8.6.6. Avionics Market – Israel
- 8.6.6.1. Israel: Avionics Market, by System, 2018 - 2030 (USD Billion)
- 8.6.6.2. Israel.: Avionics Market, by Platform, 2018 - 2030 (USD Billion)
- 8.6.6.3. Israel: Avionics Market, by Fit, 2018 - 2030 (USD Billion)
- 8.6.7. Avionics Market – South Africa
- 8.6.7.1. South Africa: Avionics Market, by System, 2018 - 2030 (USD Billion)
- 8.6.7.2. South Africa.: Avionics Market, by Platform, 2018 - 2030 (USD Billion)
- 8.6.7.3. South Africa: Avionics Market, by Fit, 2018 - 2030 (USD Billion)
- 8.7. Avionics Market – Latin America
- 8.7.1. Latin America: Avionics Market, by System, 2018 - 2030 (USD Billion)
- 8.7.2. Latin America.: Avionics Market, by Platform, 2018 - 2030 (USD Billion)
- 8.7.3. Latin America: Avionics Market, by Fit, 2018 - 2030 (USD Billion)
- 8.7.4. Avionics Market – Mexico
- 8.7.4.1. Mexico: Avionics Market, by System, 2018 - 2030 (USD Billion)
- 8.7.4.2. Mexico.: Avionics Market, by Platform, 2018 - 2030 (USD Billion)
- 8.7.4.3. Mexico: Avionics Market, by Fit, 2018 - 2030 (USD Billion)
- 8.7.5. Avionics Market – Brazil
- 8.7.5.1. Brazil: Avionics Market, by System, 2018 - 2030 (USD Billion)
- 8.7.5.2. Brazil.: Avionics Market, by Platform, 2018 - 2030 (USD Billion)
- 8.7.5.3. Brazil: Avionics Market, by Fit, 2018 - 2030 (USD Billion)
- 8.7.6. Avionics Market – Argentina
- 8.7.6.1. Argentina: Avionics Market, by System, 2018 - 2030 (USD Billion)
- 8.7.6.2. Argentina.: Avionics Market, by Platform, 2018 - 2030 (USD Billion)
- 8.7.6.3. Argentina: Avionics Market, by Fit, 2018 - 2030 (USD Billion)
- 9. Competitive Landscape
- 9.1. Expansion and Acquisition Analysis
- 9.1.1. Expansion
- 9.1.2. Acquisitions
- 9.2. Partnerships/Collaborations/Agreements/Exhibitions
- 10. Company Profiles
- 10.1. L3Harris Technologies Inc
- 10.1.1. Company Overview
- 10.1.2. Financial Performance
- 10.1.3. Product Benchmarking
- 10.1.4. Recent Development
- 10.2. Honeywell International Inc
- 10.2.1. Company Overview
- 10.2.2. Financial Performance
- 10.2.3. Product Benchmarking
- 10.2.4. Recent Development
- 10.3. Curtiss-Wright Corporation
- 10.3.1. Company Overview
- 10.3.2. Financial Performance
- 10.3.3. Product Benchmarking
- 10.3.4. Recent Development
- 10.4. Safran SA
- 10.4.1. Company Overview
- 10.4.2. Financial Performance
- 10.4.3. Product Benchmarking
- 10.4.4. Recent Development
- 10.5. BAE Systems PLC
- 10.5.1. Company Overview
- 10.5.2. Financial Performance
- 10.5.3. Product Benchmarking
- 10.5.4. Recent Development
- 10.6. General Electric Company
- 10.6.1. Company Overview
- 10.6.2. Financial Performance
- 10.6.3. Product Benchmarking
- 10.6.4. Recent Development
- 10.7. Raytheon Technologies
- 10.7.1. Company Overview
- 10.7.2. Financial Performance
- 10.7.3. Product Benchmarking
- 10.7.4. Recent Development
- 10.8. Meggitt PLC
- 10.8.1. Company Overview
- 10.8.2. Financial Performance
- 10.8.3. Product Benchmarking
- 10.8.4. Recent Development
- 10.9. Garmin Limited
- 10.9.1. Company Overview
- 10.9.2. Financial Performance
- 10.9.3. Product Benchmarking
- 10.9.4. Recent Development
- 10.10. Astronautics Corporation of America
- 10.10.1. Company Overview
- 10.10.2. Financial Performance
- 10.10.3. Product Benchmarking
- 10.10.4. Recent Development
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