Global Commercial Aircraft Avionics Market Overview
Commercial avionics systems market involves the study of various sub-systems such as flight management, flight control, health monitoring, electrical & emergency, and communication, navigation, & surveillance systems. There is a growing need for real-time data and navigation systems in the commercial avionics systems industry.
Drivers and Restraints:
Commercial aircraft avionics market is primarily dependent on the demand for new aircraft and upgrades of avionics for the existing aircraft. Factors such as growth in emerging economies, the emergence of advanced avionics systems for neaten aircraft, an increasing number of aircraft orders, and need for real-time data have induced growth in the commercial avionics systems market. Any aircraft flying in the airspace requires the use of a transponder and may also require aircraft to be equipped with a Version 2 ADS-B. However, with technological advancements and rise of stringent norms towards to the use of advanced electronics in aircrafts, the commercial avionics market is expected to witness significant growth in the following years. ADS-B is expected to be mandated in the coming years. These mandates are currently driving the demand for avionics upgrades. The delays in supply chains may challenge the market players and may act as a hindrance factor to the commercial aircraft avionics market. The regulatory framework and vulnerability to cyber-attacks are the possible hindrances to the growth of the target market.
Segmentation:
Commercial aircraft avionics market is segmented based on aircraft type, subsystem, fit, and region.
Based on aircraft type, the commercial aircraft avionics market is segmented into the narrow-body, wide-body, and regional aircraft. The narrow-body aircraft are the most delivered aircraft over the years. The aerospace giants, The Boeing Company and Airbus SE have delivered 580 and 646 narrow-body aircraft. The increasing orders and deliveries of the narrow-body are fueled by the growing aviation industry. Based on the subsystem, the target market is segmented into health monitoring systems, flight management and control systems, communication and navigation, cockpit systems, visualizations and display systems, and other subsystems. The flight control and management segment is estimated to witness the highest CAGR during the forecast periods as airlines are focusing on procuring these systems to comply with the requirement of organizations. Based on fit, the global market is classified into linefit, and retrofit.
Based on the region the commercial aircraft avionics market is segmented into North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. The Asia-Pacific region is anticipated to have the highest growth rate during the forecast period. This is due to the fast-growing aviation industry in China and India. Additionally, the countries, like Indonesia, South Korea, Singapore, Thailand, Malaysia, Australia, and Vietnam, are propelling this growth due to on-going investment in the aviation industry by public and private companies and growth of tourism in this region.
Key Players:
The key players operating the commercial aircraft avionics market involves Collins Aerospace, Honeywell International Inc., Thales Group, General Electric, Cobham PLC, United Technologies Corporation, GE Aviation, Garmin Ltd., L-3 Communications Holdings, Inc., and Panasonic Avionics Corporation. Prominent players operating in the target market are focusing on strategic partnerships as well as the launching of the products to gain a competitive edge in the target market. For instance, in January 2020, Flytx, Thales new connected avionics suite selected by VR Technologies for its helicopter.
Detailed Segmentation:
Commercial Aircraft Avionics Market, By Aircraft Type:
- Narrow-Body
- Wide-Body
- Regional Aircraft
Commercial Aircraft Avionics Market, By Subsystem:
- Health Monitoring Systems
- Flight Management and Control Systems
- Communication and Navigation
- Cockpit Systems
- Visualizations and Display Systems
- Other Subsystems
Commercial Aircraft Avionics Market, By Fit:
- Linefit
- Retrofit
Commercial Aircraft Avionics Market, By Region:
- North America
- North America Commercial Aircraft Avionics Market, By Aircraft Type
- North America Commercial Aircraft Avionics Market, By Subsystem
- North America Commercial Aircraft Avionics Market, By Fit
- North America Commercial Aircraft Avionics Market, By Country
- U.S.
- Canada
- Europe
- Europe Commercial Aircraft Avionics Market, By Aircraft Type
- Europe Commercial Aircraft Avionics Market, By Subsystem
- Europe Commercial Aircraft Avionics Market, By Fit
- Europe Commercial Aircraft Avionics Market, By Country
- Germany
- UK
- France
- Russia
- Italy
- Rest of Europe
- Asia Pacific
- Asia Pacific Commercial Aircraft Avionics Market, By Aircraft Type
- Asia Pacific Commercial Aircraft Avionics Market, By Subsystem
- Asia Pacific Commercial Aircraft Avionics Market, By Fit
- Asia Pacific Commercial Aircraft Avionics Market, By Country
- China
- India
- Japan
- South Korea
- Rest of Asia Pacific
- Latin America
- Latin America Commercial Aircraft Avionics Market, By Aircraft Type
- Latin America Commercial Aircraft Avionics Market, By Subsystem
- Latin America Commercial Aircraft Avionics Market, By Fit
- Latin America Commercial Aircraft Avionics Market, By Country
- Brazil
- Mexico
- Rest of Latin America
- Middle East & Africa
- Middle East & Africa Commercial Aircraft Avionics Market, By Aircraft Type
- Middle East & Africa Commercial Aircraft Avionics Market, By Subsystem
- Middle East & Africa Commercial Aircraft Avionics Market, By Fit
- Middle East & Africa Commercial Aircraft Avionics Market, By Country
- GCC
- Israel
- South Africa
- Rest of Middle East & Africa
- Company Profile:
- Collins Aerospace
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Performance
- Business Strategies
- Honeywell International Inc.
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Performance
- Business Strategies
- Thales Group
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Performance
- Business Strategies
- General Electric
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Performance
- Business Strategies
- Cobham PLC
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Performance
- Business Strategies
- United Technologies Corporation
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Performance
- Business Strategies
- GE Aviation
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Performance
- Business Strategies
- Garmin Ltd.
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Performance
- Business Strategies
- L-3 Communications Holdings, Inc.
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Performance
- Business Strategies
- Panasonic Avionics Corporation
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Performance
- Business Strategies
“*” marked represents similar segmentation in other categories in the respective section
Global Commercial Aircraft Avionics Market Table of Contents
- Research Objective and Assumption
- Preface
- Research Objectives
- Study Scope
- Years considered for the study
- Assumptions
- Abbreviations
- Research Methodology
- Research data
- Primary Data
- Primary Interviews
- Primary Breakdown
- Key data from Primary Sources
- Key Industry Insights
- Secondary Data
- Major Secondary Sources
- Secondary Sources
- Market Estimation
- Top-Down Approach
- Approach for estimating Market Share by Top-Down Analysis (Supply Side)
- Bottom-Up Approach
- Approach for estimating market share by Bottom-up Analysis (Demand Side)
- Market Breakdown and Data Triangulation
- Research Assumptions
- Market Preview
- Executive Summary
- Key Findings—Global Outlook for Commercial Aircraft Avionics Strategies
- Key Questions this Study will Answer
- Market Snippet, By Aircraft Type
- Market Snippet, By Subsystem
- Market Snippet, By Fit
- Market Snippet, By Region
- Opportunity Map Analysis
- Executive Summary—3 Big Predictions
- Market Dynamics, Regulations, and Trends Analysis
- Market Dynamics
- Drivers
- Restraints
- Market Opportunities
- Market Trends
- DR Impact Analysis
- PEST Analysis
- Porter’s Five Forces Analysis
- Opportunity Orbit
- Market Investment Feasibility Index
- Macroeconomic Factor Analysis
- Market Dynamics
- Market Segmentation, By Aircraft Type, 2020 – 2030, (US$ Mn)
- Overview
- Market Value and Forecast (US$ Mn), and Share Analysis (%), 2020 – 2030
- Y-o-Y Growth Analysis (%), 2020 – 2030
- Segment Trends
- Narrow-Body
- Overview
- Market Size and Forecast (US$ Mn), and Y-o-Y Growth (%), 2020 – 2030
- Wide-Body
- Overview
- Market Size and Forecast (US$ Mn), and Y-o-Y Growth (%), 2020 – 2030
- Regional Aircraft
- Overview
- Market Size and Forecast (US$ Mn), and Y-o-Y Growth (%), 2020 – 2030
- Overview
- Market Segmentation, By Subsystem, 2020 – 2030, (US$ Mn)
- Overview
- Market Value and Forecast (US$ Mn), and Share Analysis (%), 2020 – 2030
- Y-o-Y Growth Analysis (%), 2020 – 2030
- Segment Trends
- Health Monitoring Systems
- Overview
- Market Size and Forecast (US$ Mn), and Y-o-Y Growth (%), 2020 – 2030
- Flight Management and Control Systems
- Overview
- Market Size and Forecast (US$ Mn), and Y-o-Y Growth (%), 2020 – 2030
- Communication and Navigation
- Overview
- Market Size and Forecast (US$ Mn), and Y-o-Y Growth (%), 2020 – 2030
- Cockpit Systems
- Overview
- Market Size and Forecast (US$ Mn), and Y-o-Y Growth (%), 2020 – 2030
- Visualizations and Display Systems
- Overview
- Market Size and Forecast (US$ Mn), and Y-o-Y Growth (%), 2020 – 2030
- Other Subsystems
- Overview
- Market Size and Forecast (US$ Mn), and Y-o-Y Growth (%), 2020 – 2030
- Overview
- Market Segmentation, By Fit, 2020 – 2030, (US$ Mn)
- Overview
- Market Value and Forecast (US$ Mn), and Share Analysis (%), 2020 – 2030
- Y-o-Y Growth Analysis (%), 2020 – 2030
- Segment Trends
- Linefit
- Overview
- Market Size and Forecast (US$ Mn), and Y-o-Y Growth (%), 2020 – 2030
- Retrofit
- Overview
- Market Size and Forecast (US$ Mn), and Y-o-Y Growth (%), 2020 – 2030
- Overview
- Global Market, By Region, 2020 – 2030, (US$ Mn)
- Overview
- Market Value and Forecast (US$ Mn), and Share Analysis (%), 2020 – 2030
- Y-o-Y Growth Analysis (%), 2020 – 2030
- Regional Trends
- North America
- Market Size and Forecast (US$ Mn), By Aircraft Type, 2020 – 2030
- Market Size and Forecast (US$ Mn), By Subsystem, 2020 – 2030
- Market Size and Forecast (US$ Mn), By Fit, 2020 – 2030
- Market Size and Forecast (US$ Mn), By Country, 2020 – 2030
- U.S.
- Canada
- Europe
- Market Size and Forecast (US$ Mn), By Aircraft Type, 2020 – 2030
- Market Size and Forecast (US$ Mn), By Subsystem, 2020 – 2030
- Market Size and Forecast (US$ Mn), By Fit, 2020 – 2030
- Market Size and Forecast (US$ Mn), By Country, 2020 – 2030
- Germany
- UK
- France
- Russia
- Italy
- Rest of Europe
- Asia Pacific
- Market Size and Forecast (US$ Mn), By Aircraft Type, 2020 – 2030
- Market Size and Forecast (US$ Mn), By Subsystem, 2020 – 2030
- Market Size and Forecast (US$ Mn), By Fit, 2020 – 2030
- Market Size and Forecast (US$ Mn), By Country, 2020 – 2030
- China
- India
- Japan
- South Korea
- Rest of Asia Pacific
- Latin America
- Market Size and Forecast (US$ Mn), By Aircraft Type, 2020 – 2030
- Market Size and Forecast (US$ Mn), By Subsystem, 2020 – 2030
- Market Size and Forecast (US$ Mn), By Fit, 2020 – 2030
- Market Size and Forecast (US$ Mn), By Country, 2020 – 2030
- Brazil
- Mexico
- Rest of Latin America
- Middle East & Africa
- Market Size and Forecast (US$ Mn), By Aircraft Type, 2020 – 2030
- Market Size and Forecast (US$ Mn), By Subsystem, 2020 – 2030
- Market Size and Forecast (US$ Mn), By Fit, 2020 – 2030
- Market Size and Forecast (US$ Mn), By Country, 2020 – 2030
- GCC
- Israel
- South Africa
- Rest of Middle East
- Overview
- Competitive Landscape
- Heat Map Analysis
- Market Presence and Specificity Analysis
- Company Profiles
-
- Collins Aerospace
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Overview
- Business Strategies
- Honeywell International Inc.
- Thales Group
- General Electric
- Cobham PLC
- United Technologies Corporation
- GE Aviation
- Garmin Ltd.
- L-3 Communications Holdings, Inc.
- Panasonic Avionics Corporation
- Collins Aerospace
-
- The Last Word
- Future Impact
- About Us
- Contact
FAQs
The market report has been segmented on the basis of aircraft type, subsystem, fit, and region.
The Commercial Aircraft Avionics Market is driven by factors such as the modernization of existing aircraft fleets, advancements in avionics technologies, and the increasing demand for fuel-efficient and connected aircraft systems in the aviation industry.
The high costs associated with avionics upgrades, the complex certification process for new avionics systems, and the impact of the COVID-19 pandemic on the aviation industry, acting as restraints for the Commercial Aircraft Avionics Market globally.
North America, Europe, Asia-Pacific, and Latin America. North America, particularly the United States, is expected to dominate the Commercial Aircraft Avionics Market, driven by the presence of major aircraft manufacturers, technological innovation in avionics, and a significant number of commercial aircraft in the region.
The prominent player operating in the global commercial aircraft avionics market includes Collins Aerospace, Honeywell International Inc., Thales Group, General Electric, Cobham PLC, United Technologies Corporation, GE Aviation, Garmin Ltd., L-3 Communications Holdings, Inc., and Panasonic Avionics Corporation.