Market Overview:
The global commercial aircraft avionic systems market is expected to grow at a CAGR of 6.5% during the forecast period from 2018 to 2030. The growth in the market can be attributed to the increasing demand for air travel, rising passenger traffic, and the need for enhanced safety and security measures. Additionally, the development of new technologies is also contributing to the growth of this market. The global commercial aircraft avionic systems market can be segmented on the basis of type into health monitoring systems, flight control systems, communication and navigation systems, emergency systems, and other types. The health monitoring system segment is expected to grow at a CAGR of 7% during the forecast period from 2018 to 2030 due to its ability to monitor various parameters such as engine performance and cabin pressure levels in real-time.
Product Definition:
Commercial Aircraft Avionic Systems are systems on a commercial aircraft that facilitate its operation. This includes the cockpit communication and navigation systems, as well as the aircraft's electrical and hydraulic systems. The importance of these systems is essential to the safe operation of a commercial aircraft.
Health Monitoring Systems:
Health monitoring systems are an integral part of avionic systems and have been growing at a steady pace. The growth factor for health monitoring system is the need to provide good health information in real-time to the pilot, which helps in making better decisions while operating the aircraft. Health monitoring system provides vital signs such as airspeed, oxygen level, cabin pressure status along with other parameters like heart rate and body temperature.
Flight Control Systems:
The flight control systems are the part of an aircraft that is responsible for the orientation and motion in flight as well as maintaining contact with the ground station. It consists of components such as gyroscopes, accelerometers, rate gyros, and a computer system.
Application Insights:
The narrowbody aircraft application segment dominated the global commercial aircraft avionic systems market in 2017, accounting for over 60.0% share of the total revenue. The segment is expected to witness significant growth over the forecast period owing to increasing demand for low-cost carriers and regional connectivity initiatives by governments across various regions.
Widebody aircraft are generally equipped with more advanced systems compared to their narrowbody counterparts due largely in part to their size and complexity which require a higher level of integration throughout all phases of flight operations including takeoff, cruise, approach and landing as well as during emergencies situations such as fire or other accidents on board an airplane.
Regional Analysis:
North America dominated the global commercial aircraft avionic systems market in 2016 and is expected to continue its dominance over the forecast period. The growth of this region can be attributed to increasing demand for technologically advanced systems from airlines operating Boeing and Airbus aircraft. Europe accounted for a significant share of the global market in 2016 owing to high demand from narrowbody operators, such as Ryanair, easyJet, Wizz Air, and Vueling Airlines. These airlines are planning to replace or upgrade their existing flight deck equipment with modern integrated avionics systems on future new generation aircraft.
Asia Pacific is anticipated to grow at a lucrative rate over the forecast period owing to rising disposable income among middle-class population groups in countries including China and India which has resulted into increased passenger traffic across various sectors including business aviation as well as general aviation airports across these regions.
Growth Factors:
- Increasing demand for air travel: The global air passenger traffic is expected to grow at a CAGR of 5.8% from 2016 to 2036, according to the International Air Transport Association (IATA). This will result in an increase in the demand for commercial aircraft avionic systems.
- Technological advancements: Commercial aircraft avionic systems are becoming increasingly complex with the incorporation of new technologies such as digital cockpits, fly-by-wire controls, and advanced navigation and communication systems. This is resulting in increased efficiency and safety in aviation operations.
- Regulatory changes: Stringent regulations governing aviation safety are driving the adoption of new or upgraded commercial aircraft avionic systems by airlines worldwide. For instance, the European Union’s (EU) Aviation Safety Agency has mandated that all airlines operating within its jurisdiction must install cockpit voice recorders (CVRs) by December 2018.
Scope Of The Report
Report Attributes
Report Details
Report Title
Commercial Aircraft Avionic Systems Market Research Report
By Type
Health Monitoring Systems, Flight Control Systems, Communication and Navigation Systems, Emergency Systems, Other
By Application
Narrowbody Aircraft, Widebody Aircraft, Other
By Companies
Honeywell International, Rockwell Collins, Thales, BAE Systems, Cobham, Esterline Technologies, General Electric, L-3 Communications Holdings, United Technology, Universal Avionics Systems, Panasonic Avionics, Teledyne Technologies, Garmin, Diehl Aerospace
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
164
Number of Tables & Figures
115
Customization Available
Yes, the report can be customized as per your need.
Global Commercial Aircraft Avionic Systems Market Report Segments:
The global Commercial Aircraft Avionic Systems market is segmented on the basis of:
Types
Health Monitoring Systems, Flight Control Systems, Communication and Navigation Systems, Emergency Systems, Other
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Narrowbody Aircraft, Widebody Aircraft, Other
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Honeywell International
- Rockwell Collins
- Thales
- BAE Systems
- Cobham
- Esterline Technologies
- General Electric
- L-3 Communications Holdings
- United Technology
- Universal Avionics Systems
- Panasonic Avionics
- Teledyne Technologies
- Garmin
- Diehl Aerospace
Highlights of The Commercial Aircraft Avionic Systems Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Health Monitoring Systems
- Flight Control Systems
- Communication and Navigation Systems
- Emergency Systems
- Other
- By Application:
- Narrowbody Aircraft
- Widebody Aircraft
- Other
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Commercial Aircraft Avionic Systems Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Avionic systems are the electronic systems that control and monitor aircraft functions. These systems include navigation, communication, flight controls, and other critical operations.
Some of the major companies in the commercial aircraft avionic systems market are Honeywell International, Rockwell Collins, Thales, BAE Systems, Cobham, Esterline Technologies, General Electric, L-3 Communications Holdings, United Technology, Universal Avionics Systems, Panasonic Avionics, Teledyne Technologies, Garmin, Diehl Aerospace.
The commercial aircraft avionic systems market is expected to register a CAGR of 6.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Commercial Aircraft Avionic Systems Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Commercial Aircraft Avionic Systems Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Commercial Aircraft Avionic Systems Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Commercial Aircraft Avionic Systems Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Commercial Aircraft Avionic Systems Market Size & Forecast, 2020-2028
4.5.1 Commercial Aircraft Avionic Systems Market Size and Y-o-Y Growth
4.5.2 Commercial Aircraft Avionic Systems Market Absolute $ Opportunity
Chapter 5 Global Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Market Size Forecast by Type
5.2.1 Health Monitoring Systems
5.2.2 Flight Control Systems
5.2.3 Communication and Navigation Systems
5.2.4 Emergency Systems
5.2.5 Other
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Market Size Forecast by Applications
6.2.1 Narrowbody Aircraft
6.2.2 Widebody Aircraft
6.2.3 Other
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Commercial Aircraft Avionic Systems Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Commercial Aircraft Avionic Systems Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Analysis and Forecast
9.1 Introduction
9.2 North America Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Market Size Forecast by Type
9.6.1 Health Monitoring Systems
9.6.2 Flight Control Systems
9.6.3 Communication and Navigation Systems
9.6.4 Emergency Systems
9.6.5 Other
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Market Size Forecast by Applications
9.10.1 Narrowbody Aircraft
9.10.2 Widebody Aircraft
9.10.3 Other
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Analysis and Forecast
10.1 Introduction
10.2 Europe Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Market Size Forecast by Type
10.6.1 Health Monitoring Systems
10.6.2 Flight Control Systems
10.6.3 Communication and Navigation Systems
10.6.4 Emergency Systems
10.6.5 Other
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Market Size Forecast by Applications
10.10.1 Narrowbody Aircraft
10.10.2 Widebody Aircraft
10.10.3 Other
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Market Size Forecast by Type
11.6.1 Health Monitoring Systems
11.6.2 Flight Control Systems
11.6.3 Communication and Navigation Systems
11.6.4 Emergency Systems
11.6.5 Other
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Market Size Forecast by Applications
11.10.1 Narrowbody Aircraft
11.10.2 Widebody Aircraft
11.10.3 Other
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Analysis and Forecast
12.1 Introduction
12.2 Latin America Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Market Size Forecast by Type
12.6.1 Health Monitoring Systems
12.6.2 Flight Control Systems
12.6.3 Communication and Navigation Systems
12.6.4 Emergency Systems
12.6.5 Other
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Market Size Forecast by Applications
12.10.1 Narrowbody Aircraft
12.10.2 Widebody Aircraft
12.10.3 Other
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Market Size Forecast by Type
13.6.1 Health Monitoring Systems
13.6.2 Flight Control Systems
13.6.3 Communication and Navigation Systems
13.6.4 Emergency Systems
13.6.5 Other
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Market Size Forecast by Applications
13.10.1 Narrowbody Aircraft
13.10.2 Widebody Aircraft
13.10.3 Other
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Commercial Aircraft Avionic Systems Market: Competitive Dashboard
14.2 Global Commercial Aircraft Avionic Systems Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Honeywell International
14.3.2 Rockwell Collins
14.3.3 Thales
14.3.4 BAE Systems
14.3.5 Cobham
14.3.6 Esterline Technologies
14.3.7 General Electric
14.3.8 L-3 Communications Holdings
14.3.9 United Technology
14.3.10 Universal Avionics Systems
14.3.11 Panasonic Avionics
14.3.12 Teledyne Technologies
14.3.13 Garmin
14.3.14 Diehl Aerospace
