Aircraft Avionics Market 2020-2030

$7,500.00

The Aircraft Avionics Market report 2020-2030 covers the overall value chain for this market. It is witnessed that commercial aviation accounts for a major share within this sector. The rising propensity of air travel amongst the global population and the increasing disposable income of the same are two of the key factors that drive this growth. Another key segment that has witnessed substantial growth in terms of R&D investment is the software vertical. The Table of Content would give the readers a perspective of the coverage of the Aircraft Avionics Market Report 2020-2030.

Description

Avionics refers to the electrical system used on aircraft, spacecraft, and artificial satellites. Avionics systems are majorly used for communication, navigation, display, as well as management for multiple systems. This technology is fitted onto an aircraft to help perform multiple functions. The Tactical system used in an airborne early warning platform is an example of an electrically functioning avionics system.

As of 2019, the Aircraft Avionics Market attained a market value of USD 65 Billion. The market is presently poised to grow at a CAGR of roughly 3% between the forecast period. The increased use of network integration tools on aircraft is poised to serve as a key market opportunity for this segment. The overall aircraft avionics market is segmented by System, End-User, and Region. The segment for the system encompasses subsegments including Hardware and Software. The End-user segment is further categorized by OEM and Aftermarket. While, the regional segment provides a competitive mapping across the regions North America, Europe, APAC, Middle East, and the RoW.

The growth in the retrofit market is one of the key factors that propel the growth associated with the aircraft avionics segment. The integration of modular technologies onto the surface of both fighter aircraft and commercial aircraft is anticipated to improve the performance abilities of the concerned airborne platform. The rapid expansion in aircraft aftermarket is anticipated to drive the market potential for the aircraft avionics vertical. The exceeding demand for fuel-efficient aircraft is another factor that is anticipated to drive the market growth. Regional segments like China, India, UAE, and Qatar are some of the booming markets within this industry vertical.

On studying the overall value chain for this market, it is witnessed that commercial aviation accounts for a major share within this sector. The rising propensity of air travel amongst the global population and the increasing disposable income of the same are two of the key factors that drive this growth. Another key segment that has witnessed substantial growth in terms of R&D investment is the software vertical. Growth in research within this domain has improved the machine-human interaction capability. Thus significantly improving the user interface associated with aircraft avionics. The rampantly increasing advent of data-driven research is anticipated to drive the software segment.

The systemic segment is majorly governed by the growth in the hardware market for the avionics vertical. The integration of avionics hardware facilitates the performance of functions such as trajectory prediction, navigation, as well as flight planning. Some of the recently developed technologies within this domain include Bluetooth Audio Interface Controller and the PAC 45A Digital Special Mission Audio Controller. The Bluetooth Interface controller allows the use of Bluetooth-controlled headphones from the aircraft cabin. While the PAC 45A Audio Controller is used to consolidate all wiring within the avionics bay. The hub is a central wiring location for all avionics within the aircraft cabin. Conclusively, the introduction of this technology is anticipated to steadfast the use of electrical network-based products within an aircraft. Fast growth markets like APAC are expected to be a lucrative segment for the aircraft avionics vertical. Increased innovation in terms of both hardware and software is expected to drive the growth of this market.

Table of Contents

Market Definition

 

Market Segmentation

 

– By End-User

– By System

– By Region

 

10 Year Market Outlook

 

The 10-year market outlook would give a detailed overview of changing dynamics, technology adoption overviews and the overall market attractiveness is covered in this chapter.

 

Market Technologies

 

This segment covers the top 10 technologies that is expected to impact this market and the possible implications these technologies would have on the overall market.

 

Global Market Forecast

 

The 10-year market forecast of this market is covered in detailed across the segments which are mentioned above.

 

Regional Market Trends & Forecast

 

The regional market trends, drivers, restraints and Challenges of this market, the Political, Economic, Social and Technology aspects are covered in this segment. The market forecast and scenario analysis across regions are also covered in detailed in this segment. The last part of the regional analysis includes profiling of the key companies, supplier landscape and company benchmarking.

 

North America

 

– Drivers, Restraints and Challenges

– PEST

– Market Forecast & Scenario Analysis

– Key Companies

– Supplier Tier Landscape

– Company Benchmarking

 

Europe

Middle East

APAC

South America

 

Country Analysis

 

This chapter deals with the key defense programs in this market, it also covers the latest news and patents which have been filed in this market. Country level 10 year market forecast and scenario analysis are also covered in this chapter.

 

US

– Defense Programs

– Latest News

– Patents

– Current levels of technology maturation in this market

– Market Forecast & Scenario Analysis

 

Canada

Italy

France

Germany

Netherlands

Belgium

Spain

Sweden

Greece

Australia

South Africa

India

China

Russia

South Korea

Japan

Malaysia

Singapore

Brazil

 

Opportunity Matrix

 

The opportunity matrix helps the readers understand the high opportunity segments in this market.

 

Expert Opinions

 

Hear from our experts their opinion of the possible outlook for this market.

 

Conclusions

 

About Aviation and Defense Market Reports

Countries Covered

US

Canada

Italy

France

Germany

Netherlands

Belgium

Spain

Sweden

Greece

Australia

South Africa

India

China

Russia

South Korea

Japan

Malaysia

Singapore

Brazil

Regions Covered

North America

South America

Europe

Middle East

Asia

Segments Covered

By Region

By End-User

By System