Commercial Avionics Systems Market

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MarketsandMarkets Presents
Commercial Avionics Systems Market worth
23,715.24 Million by 2020

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• According to a new market research report
  "Commercial Avionics Systems Market by
  Sub-segment (FMS, EFB, Flight Control Systems,
  Navigation, Communication Surveillance Systems,
  HMS, and Aircraft Electrical Emergency
  Systems), by Platform (Fixed Wing and Rotary
  Wing), and by Geography - Forecast 2014 to
  2020",The commercial avionics systems market was
  estimated at 15,748.26 Million in 2014, at a
  high CAGR of 7.06 from 2014 to 2020, to reach
  23,715.24 Million by 2020.
• http//www.marketsandmarkets.com/Market-Reports/c
  ommercial-avionic-system-market-138098845.html
• Browse
• 72 Market Data Tables
• 69 Figures
• 200 pagesEarly buyers will receive 10
  customization on this report.

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The commercial avionics systems market considers
all the systems fitted in the cockpit of the
aircraft, such as control, navigation,
monitoring, communication, weather, and
anti-collision systems. Increase in aircraft
orders and deliveries across the globe are the
major growth factors for the avionics systems
market. The market is also driven by the need for
modern avionic systems. The increase in concern
for flight safety and operational maintenance
costs have led to the need for modern avionics
systems. The growing need for real-time data has
been a catalyst to boost the growth of the
avionics systems market. The demand for NextGen
avionics is majorly driven by the trends in the
aviation industry where aircraft deliveries and
aircraft in operations have always influenced the
industry. The narrow body aircraft are expected
to have a high growth due to deliveries and
orders during the forecast period. The ADS-B
technology in avionics systems is an opportunity
for manufacturers. However, adherence to
mandatory certifications laid down by the
aviation industry and training for pilots are the
challenges faced by the commercial avionics
systems market. The North American region is
estimated to account for the largest market share
till 2020 followed by the European region. The
APAC region is projected to witness the highest
number of aircraft deliveries than any other
region during the forecast period. The increase
in aircraft deliveries will eventually lead to
the growth of the avionics systems market. Key
markets such as France, the U.S., Russia, China,
and India would drive the growth of the market.

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• The commercial avionics systems market is highly
  competitive, with a significant number of market
  players. This report studies the growth
  strategies adopted by these market players. The
  strategies adopted by players to expand their
  global presence and increase their market share
  include partnerships, agreements, collaborations,
  joint ventures, mergers, acquisitions, and new
  product launches.
• Key players in this market include Honeywell
  (U.S.), Thales Group (France), Rockwell Collins
  (U.S.), Universal Avionics Systems Corporation
  (U.S.), and Garmin Ltd. (Switzerland), among
  others. The other prominent players in the market
  are Universal Avionics Systems Corporation
  (U.S.), Gramin Ltd. (Switzerland), Zodiac
  Aerospace SA (France), Meggitt Plc. (U.K.),
  Cobham Plc. (U.K.), Esterline Technologies
  Corporation (U.S.), Teledyne Technologies, Inc.
  (U.S.), L-3 Communications Holdings, Inc. (U.S.),
  and Panasonic Avionics Corporation (U.S.).
• Scope of the report
• This report analyzes the commercial avionics
  systems market based on
• The basis of avionics systems
• Flight Control Systems
• Electrical Emergency Systems
• Flight Management Systems
• Health Monitoring Systems
• Communication, Navigation Surveillance Systems

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• The basis of platforms
• Fixed Wing Platform
• Narrow Body Aircraft
• Wide Body Aircraft
• Very Large Aircraft
• Regional Jets
• Rotary Copter
• The basis of geographies and countries
• North America
• Europe
• Asia-Pacific
• Rest of the World
• In addition to market sizes and forecasts, this
  report also provides a detailed analysis of the
  market and technology trends to gain competitive
  market intelligence. The impact of drivers and
  restraints and their impact on this market have
  been listed to provide an in-depth insight of the
  market.

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