TBIQYR908-Global Avionics Systems Market Research Report 2019

                                          
Avionics are electronics systems used in aircraft for communication, navigation, and various other flight critical applications. Modern avionics also aid in improved navigation and routing, provide enhanced situational awareness to pilots, and improve the ATM process.
North America was the largest production market with a market share of 45.30% in 2012 and 45.71% in 2017 with a decrease of 0.44%. Europe ranked the second market with the market share of 42.02% in 2016. 
The growth in global air traffic owing to the increasing business and leisure in various countries across the globe is positively influencing the market for commercial avionics systems in the aviation industry. The global market for commercial avionics systems is chiefly driven by increasing need for real time data to improve aircraft's operational efficiency. Additionally, the increasing expectation of the air passengers for enhanced in-flight services and solutions has boosted the demand for in-flight entertainment (IFE), which in turn is pushing the market for commercial avionics systems forward. Owing to these factors, the market for commercial avionics systems is growing at a significant pace globally. 
The emerging nations such as China, India, Japan, Singapore, Australia, UAE, Saudi Arabia, South Africa and Brazil are expected to generate further demand in commercial avionics systems market over the forecast period. With increasing investments in the research and development in avionics industry, enhanced products are being launched by the manufacturers to improve the aircraft's performance, reduce environmental pollution and minimize risks associated with human error during flights. However, the threats of cyber-attacks and the economic turmoil in various countries globally is hindering the growth of this market.

The global Avionics Systems market is valued at 26800 million US$ in 2018 is expected to reach 38700 million US$ by the end of 2025, growing at a CAGR of 4.7% during 2019-2025.
This report focuses on Avionics Systems volume and value at global level, regional level and company level. From a global perspective, this report represents overall Avionics Systems market size by analyzing historical data and future prospect. Regionally, this report focuses on several key regions: North America, Europe, China and Japan.
At company level, this report focuses on the production capacity, ex-factory price, revenue and market share for each manufacturer covered in this report.

The following manufacturers are covered:
    Rockwell Collins
    Honeywell Aerospace
    Thales Group
    Garmin Ltd
    Cobham
    GE Aviation
    BAE Systems
    Lockheed Martin
    Northrop Grumman
    Raytheon

Segment by Regions
    North America
    Europe
    China
    Japan

Segment by Type
    Flight Control System
    Flight Management System
    Health Monitoring System
    Others

Segment by Application
    Commercial Use
    Military Use