Military Aircraft Avionics Market

Military Aircraft Avionics Market Research Report - Global Forecast till 2025
Military Aircraft Avionics
Market Research Report -
Global Forecast till 2025
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Copyright © 2017 Market Research Future.
Military Aircraft Avionics Market Research Report - Global Forecast till 2025
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Copyright © 2017 Market Research Future.
Military Aircraft Avionics Market Research Report - Global Forecast till 2025
Summary:
Aircraft avionics are the electronic systems in the aircraft that are used for navigation, communication and to perform
other flight-critical applications. As per the report published by Market Research Future (MRFR), the global military
aircraft avionics market is anticipated to expand at a sluggish pace at a CAGR of 3% during the forecast period of
2016-2021.
Market Overview:
Increasing geopolitical issues and territorial conflicts are inducing the demand for advanced avionics in various
regions in order to strengthen their military bases. Rapid advancement in technology in the aviation industry and
increasing demand for upgraded avionics systems in aircrafts are propelling the growth of the global military aircraft
avionics market.
Large investments by government in different countries for the adoption of modern and advanced aircraft avionics
systems that provide enhanced situational awareness is one of the primary actors that are fuelling the expansion of
the global military aircraft avionics market. Increasing research activities in green avionics are likely to impact
positively on the growth of the global military aircraft avionics market. However, high development and maintenance
cost of these aircraft avionics systems are likely to act as restraints on the growth of the global military avionics
market during the forecast period.
Segmentation:
The global military aircraft avionics market is segmented into key dynamics for the convenience of the report and
enhanced understanding;
Segmentation by Aircraft Type: Combat Aircraft, Transport Aircraft, Rotorcraft, UAVs, and Others
Segmentation by Application: Flight Control Systems, Communication and Navigation Systems and Monitoring
Systems
Segmentation by Regions: North America, Europe, Asia-Pacific and Rest of the World.
Regional Analysis:
North America is expected to have the largest market share in the military aircraft avionics market due to increase
in defence spending and procurement of next generation aircraft.
Similarly, Asia-Pacific is referred to as the second-largest military aircraft avionics market due to factors such as
increase in military expenses and growing military aircraft in developing nations such as China, India, South
Korea, and Japan.
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Military Aircraft Avionics Market Research Report - Global Forecast till 2025
Competitive Dashboard:
Avidyne, Curtiss-Wright, Elbit Systems, ENSCO Avionics, ForeFlight, L-3 Avionics Systems, GE Aviation,
Honeywell, Rockwell Collins, Thales Group, Aspen Avionics Sagetech, Xavion, Zodiac Aerospace. and others are
some of the prominent players profiled in MRFR Analysis and are at the forefront of competition in the global
military aircraft avionics market.
Industry News:
In September 2018, Northrop Grumman Systems Corp. has recently secured a modification contract with the
valuation of USD 89 Mn for conducting research and development of AH-1Z and UH-1Y System Configuration
Sets (SCSs) mission computers which are the upgrades to the avionics in helicopters. This contract was awarded by
the Naval Air Warfare Center Weapons Division, China Lake, CA.
In September 2018, it has been announced that Taiwan's Ministry of National Defense is set to increase the budget
for upgrading the avionics of Republic of China Air Force's (ROCAF) fleet of 144 Lockheed Martin F-16 A/B
Fighting Falcon combat aircraft.
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Military Aircraft Avionics Market Research Report - Global Forecast till 2025
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Global Military Aircraft Avionics Market Research Report: Information by Type (General Aircraft Avionics and Mission-Specific Avionics) and Region (North America, Europe, Asia-Pacific, the Middle East & Africa, and Latin America)—Forecast till 2025

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