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Global Commercial Aircraft Avionic Systems Market to Grow at a CAGR of 6.39% During 2017-2021 - Cobham, Honeywell International, Rockwell Collins, Thales


Albany, NY -- (SBWIRE) -- 08/15/2017 -- Avionic systems are a combination of electro-mechanical and electronic systems, which allow effective operation of aircraft. Each avionic system depends on electronic devices for its functioning. For instance, the fly-by-wire control system depends on digital computers for its operation. Avionic systems provide pilots with data such as aircraft altitude, airstream incidence, and air speed using air data sensors, aircraft motion using accelerometers, control stick sensor assembly, and rate gyros. Avionics include communication systems, cockpit display systems, control and monitoring systems, navigation systems, and other electro-mechanical arrangements.

The global commercial aircraft avionics systems market to grow at a CAGR of 6.39% during the period 2017-2021. The report covers the present scenario and the growth prospects of the global commercial aircraft avionics systems market for 2017-2021. To calculate the market size, the report presents the market landscape and a corresponding detailed analysis of the four major vendors operating in the market.

The market is divided into the following segments based on geography:
- Americas

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Technavio's report, Global Commercial Aircraft Avionics Systems Market 2017-2021, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

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Key vendors
- Cobham
- Honeywell International
- Rockwell Collins
- Thales

Other prominent vendors
- Curtiss-Wright
- Elbit Systems
- Garmin
- GE Aviation
- L-3 Communications
- Universal Avionics Systems

Market driver
- Growing requirement of advanced avionics subsystems.
- For a full, detailed list, view our report

Market challenge
- Challenges with high degrees of automation.
- For a full, detailed list, view our report

Market trend
- Airspace modernization program prompting avionic system upgrade.
- For a full, detailed list, view our report

Key questions answered in this report
- What will the market size be in 2021 and what will the growth rate be?
- What are the key market trends?
- What is driving this market?
- What are the challenges to market growth?
- Who are the key vendors in this market space?
- What are the market opportunities and threats faced by the key vendors?
- What are the strengths and weaknesses of the key vendors?

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