Avionics Market Size, Share, Analysis Report

Avionics Market Size by System (Hardware, Software), By Platform (Commercial Aviation, Military Aviation, Business Jets & General Aviation, Helicopters), By End User (OEM, Aftermarket), By Region (North America, Europe, Asia-Pacific, Rest of the World), Market Analysis Report, Forecast

The Avionics Market is expected to be around US$ 82.60 Billion by 2028 at a CAGR of 9% in the given forecast period.

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MARKET SNAPSHOT

Major Players

  • Safran
  • Curtiss-Wright
  • Esterline Technologies
  • Honeywell
  • Cobham
  • Study period:

    2023-2028

    Base Year:

    2022

    CAGR:

    9

    Fastest Growing Market:

    APAC

    Largest Market:

    North America

    REPORT DESCRIPTION

    The Avionics Market is expected to be around US$ 82.60 Billion by 2028 at a CAGR of 9% in the given forecast period.

    Rising adoption of flight management systems since they provide high safety, enhances operational reliability and flexibility, and minimizes the workload of the crew is a primary factor propelling growth of the global avionics market. In line with this, the next generation flight management system also enhances dispatch and simplifies the maintenance are few other factors favoring growth of the global avionics market. In addition, the rising modification aircraft to decrease emission, raise fuel efficiency, etc. are some another factors boosting growth of the target market. Moreover, the rising adoption of real-time operating systems, and deployment of advanced navigation systems in aircraft is a factor anticipated to boost growth of the global avionics market during the forecast period. Furthermore, the compulsion for automatic dependent surveillance—broadcast (ADS-B) is resulting in the huge demand for avionics.

    Aircraft astronautics embrace navigation, communication, show associate degreed management varied of varied of assorted systems and over many such systems area unit fitted in a craft that perform various individual functions. These systems will be easy moreover as advanced. Basically, the term astronautics could be a combination of the word aviation and physical science. The cockpit of associate degree craft is that the main location for the position of the astronautics instrumentality like management, monitoring, communication, weather, navigation and anti-collision systems. The astronautics Market has encountered important development over the recent years and is anticipated to grow staggeringly over the forecast amount. astronautics could be a term created utilizing 2 words physical science and aviation. It is associate degree physical science framework used helicopters, planes, spacecraft, and artificial satellites. Flight frameworks incorporate administration of various frameworks, shows, route, and correspondence of flying machine.

    The global Avionics market is segregated on the basis of System as Hardware and Software. Based on Platform the global Avionics market is segmented in Commercial Aviation, Military Aviation, Business Jets & General Aviation, and Helicopters. Based on End User the global Avionics market is segmented in OEM and Aftermarket.

    The global Avionics market report provides geographic analysis covering regions, such as North America, Europe, Asia-Pacific, and Rest of the World. The Avionics market for each region is further segmented for major countries including the U.S., Canada, Germany, the U.K., France, Italy, China, India, Japan, Brazil, South Africa, and others.

    Competitive Rivalry

    Safran, Cobham, Curtiss-Wright, Esterline Technologies (Transdigm Inc), Honeywell, Meggitt, Thales Group, United Technologies Corporation (Collins Aerospace), GE Aviation, L-3 Communications Holdings, Inc., and others are among the major players in the global Avionics market. The companies are involved in several growth and expansion strategies to gain a competitive advantage. Industry participants also follow value chain integration with business operations in multiple stages of the value chain.

    The Avionics Market has been segmented as below:

    Avionics Market, By System

    • Hardware
    • Software

    Avionics Market, By Platform

    • Commercial Aviation
    • Military Aviation
    • Business Jets & General Aviation
    • Helicopters

    Avionics Market, By End User

    • OEM
    • Aftermarket

    Avionics Market, By Region

    • North America
    • Europe
    • Asia-Pacific
    • Rest of the World

    Avionics Market, By Company

    • Safran
    • Cobham
    • Curtiss-Wright
    • Esterline Technologies (Transdigm Inc)
    • Honeywell
    • Meggitt
    • Thales Group
    • United Technologies Corporation (Collins Aerospace)
    • GE Aviation
    • L-3 Communications Holdings, Inc.

    The report covers:

    • Global Avionics market sizes from 2022 to 2028, along with CAGR for 2023-2028
    • Market size comparison for 2022 vs 2028, with actual data for 2022, estimates for 2023 and forecast from 2024 to 2028
    • Global Avionics market trends, covering comprehensive range of consumer trends & manufacturer trends
    • Value chain analysis covering participants from raw material suppliers to the downstream buyer in the global Avionics market
    • Major market opportunities and challenges in forecast timeframe to be focused
    • Competitive landscape with analysis on competition pattern, portfolio comparisons, development trends and strategic management
    • Comprehensive company profiles of the key industry players

    Report Scope:

    The global Avionics market report scope includes detailed study covering underlying factors influencing the industry trends.

    The report covers analysis on regional and country level market dynamics. The scope also covers competitive overview providing company market shares along with company profiles for major revenue contributing companies.

    The report scope includes detailed competitive outlook covering market shares and profiles key participants in the global Avionics market share. Major industry players with significant revenue share include Safran, Cobham, Curtiss-Wright, Esterline Technologies (Transdigm Inc), Honeywell, Meggitt, Thales Group, United Technologies Corporation (Collins Aerospace), GE Aviation, L-3 Communications Holdings, Inc., and others.

    Reasons to Buy this Report:

    • Gain detailed insights on the Avionics industry trends
    • Find complete analysis on the market status
    • Identify the Avionics market opportunities and growth segments
    • Analyse competitive dynamics by evaluating business segments & product portfolios
    • Facilitate strategy planning and industry dynamics to enhance decision making

    Customization

    Customized report as per the requirement can be offered with appropriate recommendations

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    1. Introduction
        1.1 Key Insights
        1.2 Report Overview
        1.3 Markets Covered
        1.4 Stakeholders

    2. Research Methodology
        2.1 Research Scope
        2.2 Market Research Process
        2.3 Research Data Analysis
            2.4.1 Secondary Research
            2.4.2 Primary Research
            2.4.3 Models for Estimation
        2.5 Market Size Estimation
            2.5.1 Bottom-Up Approach – Segmental Market Analysis
            2.5.2 Top-Down Approach – Parent Market Analysis

    3. Executive Summary

    4. Market Overview
        4.1 Introduction
            4.2.1 Drivers
            4.2.2 Restraints
            4.2.3 Opportunities
            4.2.4 Challenges
        4.2 Porter’s Five Force Analysis

    5. Avionics Market, By System
        5.1 Introduction
        5.2 Hardware
            5.2.1 Market Overview
            5.2.2 Market Size and Forecast
        5.3 Software
            5.3.1 Market Overview
            5.3.2 Market Size and Forecast

    6. Avionics Market, By Platform
        6.1 Introduction
        6.2 Commercial Aviation
            6.2.1 Market Overview
            6.2.2 Market Size and Forecast
        6.3 Military Aviation
            6.3.1 Market Overview
            6.3.2 Market Size and Forecast
        6.4 Business Jets & General Aviation
            6.4.1 Market Overview
            6.4.2 Market Size and Forecast
        6.5 Helicopters
            6.5.1 Market Overview
            6.5.2 Market Size and Forecast

    7. Avionics Market, By End User
        7.1 Introduction
        7.2 OEM
            7.2.1 Market Overview
            7.2.2 Market Size and Forecast
        7.3 Aftermarket
            7.3.1 Market Overview
            7.3.2 Market Size and Forecast

    8. Avionics Market, By Geography
        8.1 Introduction
        8.2 North America
            8.2.1 North America Avionics, By System
            8.2.2 North America Avionics, By Platform
            8.2.3 North America Avionics, By End User
        8.3 Europe
            8.3.1 Europe Avionics, By System
            8.3.2 Europe Avionics, By Platform
            8.3.3 Europe Avionics, By End User
        8.4 Asia-Pacific
            8.4.1 Asia-Pacific Avionics, By System
            8.4.2 Asia-Pacific Avionics, By Platform
            8.4.3 Asia-Pacific Avionics, By End User
        8.5 Rest of the World
            8.5.1 Rest of the World Avionics, By System
            8.5.2 Rest of the World Avionics, By Platform
            8.5.3 Rest of the World Avionics, By End User

    9. Competitive Insights
        9.1 Key Insights
        9.2 Company Market Share Analysis
        9.3 Strategic Outlook
            9.3.1 Mergers & Acquisitions
            9.3.2 New Product Development
            9.3.3 Portfolio/Production Capacity Expansions
            9.3.4 Joint Ventures, Collaborations, Partnerships & Agreements
            9.3.5 Others

    10. Company Profiles
        10.1 Safran
            10.1.1 Company Overview
            10.1.2 Product/Service Landscape
            10.1.3 Financial Overview
            10.1.4 Recent Developments
        10.2 Cobham
            10.2.1 Company Overview
            10.2.2 Product/Service Landscape
            10.2.3 Financial Overview
            10.2.4 Recent Developments
        10.3 Curtiss-Wright
            10.3.1 Company Overview
            10.3.2 Product/Service Landscape
            10.3.3 Financial Overview
            10.3.4 Recent Developments
        10.4 Esterline Technologies (Transdigm Inc)
            10.4.1 Company Overview
            10.4.2 Product/Service Landscape
            10.4.3 Financial Overview
            10.4.4 Recent Developments
        10.5 Honeywell
            10.5.1 Company Overview
            10.5.2 Product/Service Landscape
            10.5.3 Financial Overview
            10.5.4 Recent Developments
        10.6 Meggitt
            10.6.1 Company Overview
            10.6.2 Product/Service Landscape
            10.6.3 Financial Overview
            10.6.4 Recent Developments
        10.7 Thales Group
            10.7.1 Company Overview
            10.7.2 Product/Service Landscape
            10.7.3 Financial Overview
            10.7.4 Recent Developments
        10.8 United Technologies Corporation (Collins Aerospace)
            10.8.1 Company Overview
            10.8.2 Product/Service Landscape
            10.8.3 Financial Overview
            10.8.4 Recent Developments
        10.9 GE Aviation
            10.9.1 Company Overview
            10.9.2 Product/Service Landscape
            10.9.3 Financial Overview
            10.9.4 Recent Developments
        10.10 L-3 Communications Holdings, Inc.
            10.10.1 Company Overview
            10.10.2 Product/Service Landscape
            10.10.3 Financial Overview
            10.10.4 Recent Developments

    The Avionics Market has been segmented as below:

    Avionics Market, By System

    • Hardware
    • Software

    Avionics Market, By Platform

    • Commercial Aviation
    • Military Aviation
    • Business Jets & General Aviation
    • Helicopters

    Avionics Market, By End User

    • OEM
    • Aftermarket

    Avionics Market, By Region

    • North America
    • Europe
    • Asia-Pacific
    • Rest of the World

    Avionics Market, By Company

    • Safran
    • Cobham
    • Curtiss-Wright
    • Esterline Technologies (Transdigm Inc)
    • Honeywell
    • Meggitt
    • Thales Group
    • United Technologies Corporation (Collins Aerospace)
    • GE Aviation
    • L-3 Communications Holdings, Inc.

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    The market is expected to grow at a CAGR of 5.16% during the study period (2023-2028)
    The Avionics Market is expected to be around US$ 82.60 Billion by 2028
    The segment included in Avionics market is System, Platform, End User, Company and region.
    Some key players operating in the Avionics market include Safran, Cobham, Curtiss-Wright, Esterline Technologies (Transdigm Inc), Honeywell, Meggitt, Thales Group, United Technologies Corporation.
    We can offer several formats of the market research reports including, • PDF • PPT • Spreadsheet/ Workbook

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