The global avionics market is anticipated to register a growth of steady CAGR in the forecast period, 2023-2027. The aviation industry is rapidly developing owing to the drop in air ticket fares, growing economies, and the emergence of low-cost commercial airlines. The continuous growth of the aviation industry and the adoption of advanced technologies and equipment during the manufacturing process are expected to drive the demand for the global avionics market. Also, the surge in demand for military aircraft in the emerging economies to strengthen the defense system and the need to enhance the computing capabilities of an aircraft are further expected to fuel the growth of the global avionics market in the next five years.

High Demand for Military Aircraft Drives the Market Growth

Leading authorities of different economies are allocating huge funds for the defense sector of their respective country to protect the lives of citizens at the time of combat and provide additional air support at the borders. Military aircraft are widely popular as they are used for offensive and defensive purposes. In the offensive role, the military aircraft is used to destroy airstrips, enemy sites, and ordnance depots and suppliers, while in the defensive role, they provide close air support to the land-based army and help prevent the threats of energy air attack. The military aircraft market players are working to integrate additional features in the aircraft, such as multi-spectral threat warning capability, improved tracking features, and 3D maps to generate high-resolution real-time maps. The massive demand for military aircraft among countries and the launch of better-performing technologically advanced is expected to boost the growth of the global avionics market over the next five years.

Adoption of Advanced Technologies Supports the High Market Demand

The market players are investing heavy amounts in research and development activities to upgrade the existing infrastructure and find new innovative solutions to boost the overall system's performance. The advent of the next-generation integrated avionics system, which lowers the electronic control unit cost and improves the aircraft performance, is gaining customer attraction across the globe. It offers several advantages over the traditional system, such as better air traffic management, situational awareness, and communication capabilities of the aircraft system. The next-generation integrated avionics system combines technologies such as next-generation data communication, automatic dependent surveillance-broadcast, system-wide information management, and next-generation network-enabled weather. Ongoing technological advancements and the launch of novel system is expected to create significant growth opportunities for the global avionics market over the next five years. 


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Market Segmentation

The global avionics market is segmented into system, platform, end user, regional distribution, and competitive landscape. Based on the system, the market is divided into hardware and software. Based on the platform, the market is divided into commercial, military, business jets & general aviation, and helicopters. Based on the end user, the market is bifurcated into OEM and aftermarket. The global avionics market is studied in major regions, namely North America, Asia-pacific, Europe & CIS, South America, Middle East and Africa, to analyze the market based on the region. In terms of country, the United States is anticipated to be a lucrative market for the global avionics market owing to the early adoption of advanced technologies in the manufacturing process and the presence of major market players in the country. 

Market Players

Safran S.A., Meggitt plc, GE Aviation, The Curtiss-Wright Corporation, Thales Group, Honeywell International, Collins Aerospace, BAE Systems PLC, Gramin Ltd., Avilution LLC, are the major market players operating in the global avionics market.

Attribute

Details

Base Year

2021

Historic Data

2017 – 2020

Estimated Year

2022

Forecast Period

2023 – 2027

Quantitative Units

Revenue in USD Million, and CAGR for 2017-2021 and 2022-2027

Report coverage

Revenue forecast, company share, competitive landscape, growth factors, and trends

Segments covered

·         System

·         Platform

·         End User

Regional scope

North America; Asia Pacific; Europe & CIS; South America; Middle East & Africa

Country scope

United States; Canada; Mexico; China, India, Japan, Thailand, Indonesia, Australia, South Korea; Germany, France, United Kingdom, Spain, Italy, Netherlands, Russia, Poland; Brazil, Argentina; Saudi Arabia, Iran, Israel, UAE, Turkey

Key companies profiled

Safran S.A., Meggitt plc, GE Aviation, The Curtiss-Wright Corporation, Thales Group, Honeywell International, Collins Aerospace, BAE Systems PLC, Gramin Ltd., Avilution LLC

Customization scope

10% free report customization with purchase. Addition or alteration to country, regional & segment scope.

Pricing and purchase options

Avail customized purchase options to meet your exact research needs. Explore purchase options

Delivery Format

PDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on special request)


Report Scope:

In this report, global avionics market has been segmented into following categories, in addition to the industry trends which have also been detailed below:

  • Avionics Market, By System:
    • Hardware
    • Software
  • Avionics Market, By Platform:
    • Commercial
    • Military
    • Business Jets & General Aviation
    • Helicopters
  • Avionics Market, By End User:
    • OEM
    • Aftermarket
  • Avionics Market, By Region:
    • North America
      • United States
      • Canada
      • Mexico
    • Asia-Pacific
      • China
      • India
      • Japan
      • Thailand
      • Indonesia
      • Australia
      • South Korea
    • Europe & CIS
      • Germany
      • France
      • United Kingdom
      • Spain
      • Italy
      • Netherlands
      • Russia
      • Poland
    • South America
      • Brazil
      • Argentina
    • Middle East & Africa
      • Saudi Arabia
      • Iran
      • Israel
      • UAE
      • Turkey

Competitive Landscape

Company Profiles: Detailed analysis of the major companies present in global avionics market.

Available Customizations:

With the given market data, TechSci Research offers customizations according to a company’s specific needs. The following customization options are available for the report:

Company Information

  • Detailed analysis and profiling of additional market players (up to five).

Global avionics market is an upcoming report to be released soon. If you wish an early delivery of this report or want to confirm the date of release, please contact us at sales@techsciresearch.com 

In case you don’t find what you are looking for, please get in touch with our custom research team at sales@techsciresearch.com

1.    Product Overview

2.    Research Methodology

3.    Executive Summary

4.    Impact of COVID-19 on Global Avionics Market

5.    Global Avionics Market Outlook

5.1.  Market Size & Forecast

5.1.1.     By Value

5.2.  Market Share & Forecast

5.2.1.     By System (Hardware and Software)

5.2.2.     By Platform (Commercial, Military, Business Jets & General Aviation, Helicopters)

5.2.3.     By End User (OEM, Aftermarket)

5.2.4.     By Region (North America; Europe & CIS; Asia Pacific; South America and Middle East & Africa)

5.2.5.     By Company (2021)

5.3.  Product Market Map (By System, By Region)

6.    North America Avionics Market Outlook

6.1.  Market Size & Forecast          

6.1.1.     By Value

6.2.  Market Share & Forecast

6.2.1.     By System

6.2.2.     By Platform

6.2.3.     By End User

6.2.4.     By Country (United States; Canada; Mexico)

6.3.  Product Market Map (By System, By Country)

6.4.  North America: Country Analysis

6.4.1.     United States Avionics Market Outlook

6.4.1.1.         Market Size & Forecast

6.4.1.1.1.             By Value

6.4.1.2.         Market Share & Forecast

6.4.1.2.1.             By System

6.4.1.2.2.             By Platform

6.4.1.2.3.             By End User

6.4.2.     Canada Avionics Market Outlook

6.4.2.1.         Market Size & Forecast

6.4.2.1.1.             By Value

6.4.2.2.         Market Share & Forecast

6.4.2.2.1.             By System

6.4.2.2.2.             By Platform

6.4.2.2.3.             By End User

6.4.3.     Mexico Avionics Market Outlook

6.4.3.1.         Market Size & Forecast

6.4.3.1.1.             By Value

6.4.3.2.         Market Share & Forecast

6.4.3.2.1.             By System

6.4.3.2.2.             By Platform

6.4.3.2.3.             By End User

7.    Asia Pacific Avionics Market Outlook

7.1.  Market Size & Forecast          

7.1.1.     By Value

7.2.  Market Share & Forecast

7.2.1.     By System

7.2.2.     By Platform

7.2.3.     By End User

7.2.4.     By Country (China, India, Japan, Thailand, Indonesia, Australia, South Korea)

7.3.  Product Market Map (By System, By Country)

7.4.  Asia Pacific: Country Analysis

7.4.1.     China Avionics Market Outlook

7.4.1.1.         Market Size & Forecast

7.4.1.1.1.             By Value

7.4.1.2.         Market Share & Forecast

7.4.1.2.1.             By System

7.4.1.2.2.             By Platform

7.4.1.2.3.             By End User

7.4.2.     India Avionics Market Outlook

7.4.2.1.         Market Size & Forecast

7.4.2.1.1.             By Value

7.4.2.2.         Market Share & Forecast

7.4.2.2.1.             By System

7.4.2.2.2.             By Platform

7.4.2.2.3.             By End User

7.4.3.     Japan Avionics Market Outlook

7.4.3.1.         Market Size & Forecast

7.4.3.1.1.             By Value

7.4.3.2.         Market Share & Forecast

7.4.3.2.1.             By System

7.4.3.2.2.             By Platform

7.4.3.2.3.             By End User

7.4.4.     Thailand Avionics Market Outlook

7.4.4.1.         Market Size & Forecast

7.4.4.1.1.             By Value

7.4.4.2.         Market Share & Forecast

7.4.4.2.1.             By System

7.4.4.2.2.             By Platform

7.4.4.2.3.             By End User

7.4.5.     Indonesia Avionics Market Outlook

7.4.5.1.         Market Size & Forecast

7.4.5.1.1.             By Value

7.4.5.2.         Market Share & Forecast

7.4.5.2.1.             By System

7.4.5.2.2.             By Platform

7.4.5.2.3.             By End User

7.4.6.     Australia Avionics Market Outlook

7.4.6.1.         Market Size & Forecast

7.4.6.1.1.             By Value

7.4.6.2.         Market Share & Forecast

7.4.6.2.1.             By System

7.4.6.2.2.             By Platform

7.4.6.2.3.             By End User

7.4.7.     South Korea Avionics Market Outlook

7.4.7.1.         Market Size & Forecast

7.4.7.1.1.             By Value

7.4.7.2.         Market Share & Forecast

7.4.7.2.1.             By System

7.4.7.2.2.             By Platform

7.4.7.2.3.             By End User

8.    Europe & CIS Avionics Market Outlook

8.1.  Market Size & Forecast          

8.1.1.     By Value

8.2.  Market Share & Forecast

8.2.1.     By System

8.2.2.     By Platform

8.2.3.     By End User

8.2.4.     By Country (Germany, France, United Kingdom, Spain, Italy, Netherlands, Russia, Poland)

8.3.  Product Market Map (By System, By Country)

8.4.  Europe & CIS: Country Analysis

8.4.1.     Germany Avionics Market Outlook

8.4.1.1.         Market Size & Forecast

8.4.1.1.1.             By Value

8.4.1.2.         Market Share & Forecast

8.4.1.2.1.             By System

8.4.1.2.2.             By Platform

8.4.1.2.3.             By End User

8.4.2.     France Avionics Market Outlook

8.4.2.1.         Market Size & Forecast

8.4.2.1.1.             By Value

8.4.2.2.         Market Share & Forecast

8.4.2.2.1.             By System

8.4.2.2.2.             By Platform

8.4.2.2.3.             By End User

8.4.3.     United Kingdom Avionics Market Outlook

8.4.3.1.         Market Size & Forecast

8.4.3.1.1.             By Value

8.4.3.2.         Market Share & Forecast

8.4.3.2.1.             By System

8.4.3.2.2.             By Platform

8.4.3.2.3.             By End User

8.4.4.     Spain Avionics Market Outlook

8.4.4.1.         Market Size & Forecast

8.4.4.1.1.             By Value

8.4.4.2.         Market Share & Forecast

8.4.4.2.1.             By System

8.4.4.2.2.             By Platform

8.4.4.2.3.             By End User

8.4.5.     Italy Avionics Market Outlook

8.4.5.1.         Market Size & Forecast

8.4.5.1.1.             By Value

8.4.5.2.         Market Share & Forecast

8.4.5.2.1.             By System

8.4.5.2.2.             By Platform

8.4.5.2.3.             By End User

8.4.6.     Netherlands Avionics Market Outlook

8.4.6.1.         Market Size & Forecast

8.4.6.1.1.             By Value

8.4.6.2.         Market Share & Forecast

8.4.6.2.1.             By System

8.4.6.2.2.             By Platform

8.4.6.2.3.             By End User

8.4.7.     Russia Avionics Market Outlook

8.4.7.1.         Market Size & Forecast

8.4.7.1.1.             By Value

8.4.7.2.         Market Share & Forecast

8.4.7.2.1.             By System

8.4.7.2.2.             By Platform

8.4.7.2.3.             By End User

8.4.8.     Poland Avionics Market Outlook

8.4.8.1.         Market Size & Forecast

8.4.8.1.1.             By Value

8.4.8.2.         Market Share & Forecast

8.4.8.2.1.             By System

8.4.8.2.2.             By Platform

8.4.8.2.3.             By End User

9.    South America Avionics Market Outlook

9.1.  Market Size & Forecast          

9.1.1.     By Value

9.2.  Market Share & Forecast

9.2.1.     By System

9.2.2.     By Platform

9.2.3.     By End User

9.2.4.     By Country (Brazil, Argentina)

9.3.  Product Market Map (By System, By Country)

9.4.  South America: Country Analysis

9.4.1.     Brazil Avionics Market Outlook

9.4.1.1.         Market Size & Forecast

9.4.1.1.1.             By Value

9.4.1.2.         Market Share & Forecast

9.4.1.2.1.             By System

9.4.1.2.2.             By Platform

9.4.1.2.3.             By End User

9.4.2.     Argentina Avionics Market Outlook

9.4.2.1.         Market Size & Forecast

9.4.2.1.1.             By Value

9.4.2.2.         Market Share & Forecast

9.4.2.2.1.             By System

9.4.2.2.2.             By Platform

9.4.2.2.3.             By End User

10.  Middle East and Africa Avionics Market Outlook

10.1.              Market Size & Forecast

10.1.1.  By Value

10.2.              Market Share & Forecast

10.2.1.  By System

10.2.2.  By Platform

10.2.3.  By End User

10.2.4.  By Country (Saudi Arabia, Iran, Israel, UAE, Turkey)

10.3.              Product Market Map (By System, By Country)

10.4.              Middle East and Africa: Country Analysis

10.4.1.  Iran Avionics Market Outlook

10.4.1.1.      Market Size & Forecast

10.4.1.1.1.           By Value

10.4.1.2.      Market Share & Forecast

10.4.1.2.1.           By System

10.4.1.2.2.           By Platform

10.4.1.2.3.           By End User

10.4.2.  Saudi Arabia Avionics Market Outlook

10.4.2.1.      Market Size & Forecast

10.4.2.1.1.           By Value

10.4.2.2.      Market Share & Forecast

10.4.2.2.1.           By System

10.4.2.2.2.           By Platform

10.4.2.2.3.           By End User

10.4.3.  UAE Avionics Market Outlook

10.4.3.1.      Market Size & Forecast

10.4.3.1.1.           By Value

10.4.3.2.      Market Share & Forecast

10.4.3.2.1.           By System

10.4.3.2.2.           By Platform

10.4.3.2.3.           By End User

10.4.4.  Israel Avionics Market Outlook

10.4.4.1.      Market Size & Forecast

10.4.4.1.1.           By Value

10.4.4.2.      Market Share & Forecast