Commercial Avionics Systems Market Overview
The global commercial avionics systems market is expected to be propelled by rising demand for systems that can calculate real-time data for the aviation industry during the forecast period. The development of commercial avionics systems has continued to rise in the aviation industry. Commercial avionics system manufacturers are constantly updating their solutions with cutting-edge technology in order to meet the demands of their clients. Integrated modular avionics, avionics full-duplex switched ethernet, surveillance systems, cockpit systems, cabin systems, flight control and emergency systems, navigation systems, electrical systems, communication systems, and central maintenance systems are all part of the commercial avionics system.
Various technological advances and advancements in the aviation industry are also said to have benefited the global commercial avionics systems market. The global market for commercial avionics systems is benefiting from technological advancements like as better in-flight entertainment systems and sophisticated glass cockpits.
The global market for commercial avionics systems is being held back by market participants' unwillingness to participate in larger operations due to expensive system maintenance costs. Furthermore, due to the use of modern commercial avionics systems, aviation vehicles have become increasingly vulnerable to cyber hacking. The high cost of system maintenance, as well as online system hacks, are predicted to have a direct influence on the market for commercial avionics systems.
Report Metric | Details |
Market size available for years | 2023–2030 |
Base year considered | 2023 |
Forecast period | 2024–2030 |
Forecast unit | Value (USD Million) |
Segments covered | Systems, Aircraft Types, and Region. |
Regions covered | North America (the U.S. and Canada), Europe (UK, Germany, France, Italy, Spain, Russia, Rest of Europe), Asia-Pacific (China, India, Japan, Australia, South East Asia, Rest of Asia Pacific), Latin America and the Middle East and Africa (Brazil, Saudi Arabia, UAE, Rest of LAMEA) |
Companies covered | Honeywell Aerospace, Thales Group, Rockwell Collins Inc., L-3 Avionics System, United Technologies Corporation, Avidyne Corporation, GE Aviation, Panasonic Avionics Corporation, Garmin Ltd., Universal Avionics System Corporation. |
Covid-19 Impact on Commercial Avionics Systems Market
As the COVID-19 pandemic continuing its effect around the world, many defense and aerospace companies are facing its impact during this time around the world. For instance, commercial aviation companies in the U.S., France, Germany, and Canada are facing disruption in the production process and reduced demand as workforces staying at home, passengers stop traveling, and delay in delivery of new aircraft. Analysts expecting a drop from 3,000 to 4,000 aircraft during the pandemic period. On the defense side, contractors operating in the sector are in a better position, hence the impact of the pandemic is likely low in the short to mid-term. However, low demand due to budget constraints affecting the production as in aircraft manufacturing.
Commercial Avionics Systems Market Segment Overview
According to Systems, Integrated Modular Avionics is one of the most prominent segments of the Commercial Avionics Systems Market. Real-time computer network airborne systems are known as integrated modular avionics (IMA). This network is made up of a number of computing modules that can handle a variety of applications with varying levels of criticality. IMA presents an integrated architecture with application software portable across an assembly of common hardware modules, in contrast to traditional federated designs. Multiple requirements are placed on the underlying operating system by an IMA architecture.
Commercial Avionics Systems Market, By Systems
· Integrated Modular Avionics
· Avionics Full Duplex Switched Ethernet
· Surveillance Systems
· Cockpit Systems
· Cabin Systems
· Others
Commercial Avionics Systems Market, By Aircraft Types
· Fixed Wing Aircrafts
· Rotary Wing Aircrafts
Commercial Avionics Systems Market Regional Overview
In terms of geography, the global Commercial Avionics Systems market is classified into North America, South America, Europe, Asia Pacific and Middle East & Africa. North America is the largest region with the highest share in the global Commercial Avionics Systems Market. The rapid evolution of the aviation industry, particularly in developed economies such as North America and Europe is setting the trend for the growth of commercial avionics systems. Moreover, the market in the Asia Pacific is expected to rise at a considerable rate in the coming years.
Commercial Avionics Systems Market, By Geography
· North America (US & Canada)
· Europe (UK, Germany, France, Italy, Spain, Russia & Rest of Europe)
· Asia-Pacific (Japan, China, India, Australia, & South Korea, & Rest of Asia-Pacific)
· LAMEA (Brazil, Saudi Arabia, UAE & Rest of LAMEA)
Commercial Avionics Systems Market, Key Players
· Honeywell Aerospace
· Thales Group
· Rockwell Collins Inc.
· L-3 Avionics System
· United Technologies Corporation
· Avidyne Corporation
· GE Aviation
· Panasonic Avionics Corporation
· Garmin Ltd.
· Universal Avionics System Corporation.
Frequently Asked Questions (FAQ) :
Q1. What are the driving factors for the global Commercial Avionics Systems market?
The global commercial avionics systems market is expected to be propelled by rising demand for systems that can calculate real-time data for the aviation industry during the forecast period.
Q2. What are the restraining factors for the global Commercial Avionics Systems market?
The global market for commercial avionics systems is being held back by market participants' unwillingness to participate in larger operations due to expensive system maintenance costs.
Q3. Which segment is projected to hold the largest share in the global Commercial Avionics Systems market?
Integrated Modular Avionics segment is projected to hold the largest share in the global Commercial Avionics Systems market
Q4. Which region holds the largest share in the global Commercial Avionics Systems market?
North America holds the largest share in the global Commercial Avionics Systems market
Q5. Which are the prominent players in the global Commercial Avionics Systems market?
Honeywell Aerospace, Thales Group, Rockwell Collins Inc., L-3 Avionics System, United Technologies Corporation, Avidyne Corporation, GE Aviation, Panasonic Avionics Corporation, Garmin Ltd., Universal Avionics System Corporation. are some key players in the global Commercial Avionics Systems market.
1. Introduction
- 1.1. Research Scope
- 1.2. Market Segmentation
- 1.3. Research Methodology
- 1.4. Definitions and Assumptions
2. Executive Summary
3. Market Dynamics
- 3.1. Market Drivers
- 3.2. Market Restraints
- 3.3. Market Opportunities
4. Key Insights
- 4.1. Key Emerging Trends – For Major Countries
- 4.2. Latest Technological Advancement
- 4.3. Regulatory Landscape
- 4.4. Industry SWOT Analysis
- 4.5. Porters Five Forces Analysis
5. Global Commercial Avionics Systems Market Analysis (USD Billion), Insights and Forecast, 2020-2027
- 5.1. Key Findings / Summary
- 5.2. Market Analysis, Insights and Forecast – By Systems
- 5.2.1. Integrated Modular Avionics
- 5.2.2. Avionics Full Duplex Switched Ethernet
- 5.2.3. Surveillance Systems
- 5.2.4. Cockpit Systems
- 5.2.5. Cabin Systems
- 5.2.6. Others
- 5.3. Market Analysis, Insights and Forecast – By Aircraft Types
- 5.3.1. Fixed Wing Aircrafts
- 5.3.2. Rotary Wing Aircrafts
- 5.4. Market Analysis, Insights and Forecast – By Region
- 5.4.1. North America
- 5.4.2. Europe
- 5.4.3. Asia Pacific
- 5.4.4. Latin America, Middle East and Africa
6. North America Commercial Avionics Systems Market Analysis (USD Billion), Insights and Forecast, 2020-2027
- 6.1. Key Findings / Summary
- 6.2. Market Analysis, Insights and Forecast – By Systems
- 6.2.1. Integrated Modular Avionics
- 6.2.2. Avionics Full Duplex Switched Ethernet
- 6.2.3. Surveillance Systems
- 6.2.4. Cockpit Systems
- 6.2.5. Cabin Systems
- 6.2.6. Others
- 6.3. Market Analysis, Insights and Forecast – By Aircraft Types
- 6.3.1. Fixed Wing Aircrafts
- 6.3.2. Rotary Wing Aircrafts
- 6.4. Market Analysis, Insights and Forecast – By Country
- 6.4.1. U.S.
- 6.4.2. Canada
7. Europe Commercial Avionics Systems Market Analysis (USD Billion), Insights and Forecast, 2020-2027
- 7.1. Key Findings / Summary
- 7.2. Market Analysis, Insights and Forecast – By Systems
- 7.2.1. Integrated Modular Avionics
- 7.2.2. Avionics Full Duplex Switched Ethernet
- 7.2.3. Surveillance Systems
- 7.2.4. Cockpit Systems
- 7.2.5. Cabin Systems
- 7.2.6. Others
- 7.3. Market Analysis, Insights and Forecast – By Aircraft Types
- 7.3.1. Fixed Wing Aircrafts
- 7.3.2. Rotary Wing Aircrafts
- 7.4. Market Analysis, Insights and Forecast – By Country
- 7.4.1. UK
- 7.4.2. Germany
- 7.4.3. France
- 7.4.4. Italy
- 7.4.5. Spain
- 7.4.6. Russia
- 7.4.7. Rest of Europe
8. Asia Pacific Commercial Avionics Systems Market Analysis (USD Billion), Insights and Forecast, 2020-2027
- 8.1. Key Findings / Summary
- 8.2. Market Analysis, Insights and Forecast – By Systems
- 8.2.1. Integrated Modular Avionics
- 8.2.2. Avionics Full Duplex Switched Ethernet
- 8.2.3. Surveillance Systems
- 8.2.4. Cockpit Systems
- 8.2.5. Cabin Systems
- 8.2.6. Others
- 8.3. Market Analysis, Insights and Forecast – By Aircraft Types
- 8.3.1. Fixed Wing Aircrafts
- 8.3.2. Rotary Wing Aircrafts
- 8.4. Market Analysis, Insights and Forecast – By Country
- 8.4.1. China
- 8.4.2. India
- 8.4.3. Japan
- 8.4.4. Australia
- 8.4.5. South East Asia
- 8.4.6. Rest of Asia Pacific
9. Latin America, Middle East and Africa Commercial Avionics Systems Market Analysis (USD Billion), Insights and Forecast, 2020-2027
- 9.1. Key Findings / Summary
- 9.2. Market Analysis, Insights and Forecast – By Systems
- 9.2.1. Integrated Modular Avionics
- 9.2.2. Avionics Full Duplex Switched Ethernet
- 9.2.3. Surveillance Systems
- 9.2.4. Cockpit Systems
- 9.2.5. Cabin Systems
- 9.2.6. Others
- 9.3. Market Analysis, Insights and Forecast – By Aircraft Types
- 9.3.1. Fixed Wing Aircrafts
- 9.3.2. Rotary Wing Aircrafts
- 9.4. Market Analysis, Insights and Forecast – By Country
- 9.4.1. Brazil
- 9.4.2. Saudi Arabia
- 9.4.3. UAE
- 9.4.4. Rest of LAMEA
10. Competitive Analysis
- 10.1. Company Market Share Analysis, 2018
- 10.2. Key Industry Developments
- 10.3. Company Profile
- 10.4. Honeywell Aerospace
- 10.4.1. Business Overview
- 10.4.2. Segment 1 & Service Offering
- 10.4.3. Overall Revenue
- 10.4.4. Geographic Presence
- 10.4.5. Recent Development
- 10.5. Thales Group
- 10.6. Rockwell Collins Inc.
- 10.7. L-3 Avionics System
- 10.8. United Technologies Corporation
- 10.9. Avidyne Corporation
- 10.10. GE Aviation
- 10.11. Panasonic Avionics Corporation
- 10.12. Garmin Ltd.
Data Library Research are conducted by industry experts who offer insight on industry structure, market segmentations technology assessment and competitive landscape (CL), and penetration, as well as on emerging trends. Their analysis is based on primary interviews (~ 80%) and secondary research (~ 20%) as well as years of professional expertise in their respective industries. Adding to this, by analysing historical trends and current market positions, our analysts predict where the market will be headed for the next five years. Furthermore, the varying trends of segment & categories geographically presented are also studied and the estimated based on the primary & secondary research.
In this particular report from the supply side Data Library Research has conducted primary surveys (interviews) with the key level executives (VP, CEO’s, Marketing Director, Business Development Manager and SOFT) of the companies that active & prominent as well as the midsized organization
FIGURE 1: DLR RESEARH PROCESSPrimary Research
Extensive primary research was conducted to gain a deeper insight of the market and industry performance. The analysis is based on both primary and secondary research as well as years of professional expertise in the respective industries.
In addition to analysing current and historical trends, our analysts predict where the market is headed over the next five years.
It varies by segment for these categories geographically presented in the list of market tables. Speaking about this particular report we have conducted primary surveys (interviews) with the key level executives (VP, CEO’s, Marketing Director, Business Development Manager and many more) of the major players active in the market.
Secondary ResearchSecondary research was mainly used to collect and identify information useful for the extensive, technical, market-oriented, and Friend’s study of the Global Extra Neutral Alcohol. It was also used to obtain key information about major players, market classification and segmentation according to the industry trends, geographical markets, and developments related to the market and technology perspectives. For this study, analysts have gathered information from various credible sources, such as annual reports, sec filings, journals, white papers, SOFT presentations, and company web sites.
Market Size EstimationBoth, top-down and bottom-up approaches were used to estimate and validate the size of the Global market and to estimate the size of various other dependent submarkets in the overall Extra Neutral Alcohol. The key players in the market were identified through secondary research and their market contributions in the respective geographies were determined through primary and secondary research.
Forecast Model