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Global commercial avionics systems market scrutinized in new research

Global commercial avionics systems market scrutinized in new research

The Global Commercial Avionics Systems market is estimated at $22.56 billion in 2016 and is expected to reach $31.23 billion by 2023 growing at a CAGR of 4.7% from 2016 to 2023.

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According to Stratistics MRC, factors such as rising trend of modernization of airspace, increasing passenger traffic in emerging economies and technological advancements in the aviation industry are influencing the market growth.

In addition, Cutthroat competition among key players provides huge growth opportunity for the market. However, growing vulnerability of avionics to cyber attacks and strict regulatory framework are some key factors inhibiting the market growth.

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Browse the report: www.orbisresearch.com/reports/inde…outlook-2017-2023

Amongst Subsystems, flight control & management system segment dominated the global market. The growth for this segment is due to increasing requirement of real-time flight plan information sharing.

Moreover, flight control & management system segment is anticipated to continue its dominance over the next five years. By Platform, defence segment commanded the largest market share.

This is mainly due to growing number of aircraft and defense deals across region. Asia-Pacific region is anticipated to witness the highest growth rate in the global market in the coming years.

This is due to the growth of the aviation sector in this region, thereby increasing the demand of market.

Some of the key players in the market include Avidyne Corporation, Air Data Inc., Astronics Max-Viz, BAE Systems Plc., Bendix/King, Cobham PLC, Curtiss-Wright Corporation, Esterline Technologies Corporation, Garmin Ltd., GE Aviation, Honeywell International Inc., L3 Technologies, Inc., Meggitt PLC, Rockwell Collins, Inc., Teledyne Technologies, Inc., Thales Group and United Technologies Corporation.

Request a sample of the report: www.orbisresearch.com/contacts/request-sample/405759

Aircraft Types Covered:
Rotary Wing Aircrafts
Fixed Wing Aircrafts
Very Large Aircrafts
Wide Body Aircrafts
Narrow Body Aircrafts
Regional aircraft

Components Covered:
Power Block
Thermal Energy Storage System
Solar Field

Systems Covered:
Integrated Modular Avionics
Health monitoring systems
Flight management systems
Flight control systems
Electrical & emergency systems
Communication, Navigation, and Surveillance systems
Cockpit Systems
Central Maintenance Systems
Cabin Systems
Avionics Full-Duplex Switched Ethernet

Technologies Covered:
Solar Tower
Parabolic Trough
Linear Fresnel
Dish Stirling

End Users Covered:
Utilities
Enhanced Oil Recovery

Regions Covered:
North America
US
Canada
Mexico
Europe
Germany
UK
Italy
France
Spain
Rest of Europe
Asia Pacific
Japan
China
India
Australia
New Zealand
Rest of Asia Pacific
South America
Argentina
Brazil
Chile
Rest of South America
Middle East & Africa
Saudi Arabia
UAE
Qatar
South Africa
Rest of Middle East & Africa

What our report offers:
– Market share assessments for the regional and country level segments
– Market share analysis of the top industry players
– Strategic recommendations for the new entrants
– Market forecasts for a minimum of 7 years of all the mentioned segments, sub segments and the regional markets
– Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
– Strategic recommendations in key business segments based on the market estimations
– Competitive landscaping mapping the key common trends
– Company profiling with detailed strategies, financials, and recent developments
– Supply chain trends mapping the latest technological advancements

List Of Tables:
Table 1 Global Commercial Avionics Systems Market Outlook, By Region
Table 2 Global Commercial Avionics Systems Market Outlook, By Aircraft Type
Table 3 Global Commercial Avionics Systems Market Outlook, By Rotary Wing Aircrafts
Table 4 Global Commercial Avionics Systems Market Outlook, By Fixed Wing Aircrafts
Table 5 Global Commercial Avionics Systems Market Outlook, By Very Large Aircrafts
Table 6 Global Commercial Avionics Systems Market Outlook, By Wide-body aircraft
Table 7 Global Commercial Avionics Systems Market Outlook, By Narrow-body aircraft
Table 8 Global Commercial Avionics Systems Market Outlook, By Regional aircraft
Table 9 Global Commercial Avionics Systems Market Outlook, By Component
Table 10 Global Commercial Avionics Systems Market Outlook, By Power Block
Table 11 Global Commercial Avionics Systems Market Outlook, By Thermal Energy Storage System
Table 12 Global Commercial Avionics Systems Market Outlook, By Solar Field
Table 13 Global Commercial Avionics Systems Market Outlook, By System
Table 14 Global Commercial Avionics Systems Market Outlook, By Integrated Modular Avionics
Table 15 Global Commercial Avionics Systems Market Outlook, By Health monitoring systems

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