Global Commercial Aircraft Avionics Systems Market to Grow at a CAGR of 4.90% During the Period 2015-2019

The Report Global Commercial Aircraft Avionics Systems Market 2015-2019 provides information on pricing, market analysis, shares, forecast, and company profiles for key industry participants. -


Albany, NY -- (SBWIRE) -- 07/20/2015 -- About Commercial Aircraft Avionics Systems

Avionics are electronics systems used in aircraft for communication, navigation, and various other flight critical applications. Avionics are one of the most expensive and highly critical components in modern aircraft. Modern avionics also aid in improved navigation and routing, provide enhanced situational awareness to pilots, and improve the ATM process.

Technavio's analysts forecast the global commercial aircraft avionics system market to grow at a CAGR of 4.90% during the period 2014-2019.

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Covered in this Report

This report covers the current scenario and growth prospects of the global commercial aircraft avionics systems market for the period 2015-2019. It provides a global overview, market shares, market segmentation by aircraft type, and growth prospects by region (APAC, EMEA, and the Americas). It also presents the market landscape and a corresponding analysis of the prominent vendors in the market. In addition, it discusses the major drivers influencing the growth of the market. It also outlines the challenges faced by vendors and the market at large, as well as the key trends emerging in the market.

Technavio's report, Global Commercial Aircraft Avionics Systems Market 2015-2019, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers EMEA, the Americas, and APAC. The report also includes a discussion of the key vendors operating in this market.

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Key Regions


Key Vendors

Panasonic Avionics
Rockwell Collins

Other Prominent Vendors

Elbit Systems
GE Aviation
L-3 Communications
Universal Avionics System
Zodiac Aerospace

Market Driver

Demand for lightweight avionics systems
For a full, detailed list, view our report

Market Challenge

Challenges associated with introduction of new technology
For a full, detailed list, view our report

Market Trend

Airspace modernization program prompting avionics systems upgrade
For a full, detailed list, view our report

Key Questions Answered in this Report

What will the market size be in 2019 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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