The avionics market is a highly dynamic sector driven by frequent regulatory changes, technology insertions and the need for improved operating efficiencies.
We estimate that the Avionics market has seen a 28% contraction from $17.3 billion in 2020 compared to $23.8 billion 2019 with the bulk of this reduction falling in the commercial sector (down 39% on 2019).
As the focus moves to recovery, we offer 10-year market forecasts showing three post Covid-19 scenarios, divided into the market segments outlined below.
Our new report also offers comprehensive market analysis including:
- Detailed comparisons of the market in 2019 showing the effects of the pandemic on the different market sectors
- The market segmented by aircraft type:
- OE and aftermarket, civil and military
- Generic aircraft type: e.g., large commercial, regional, business jets, military fast jets, military transporters, helicopters, UAVs
- We also segment the market by product group.
- Software, Digital Services
- Integrated Modular Avionics (IMA)
- Flight Management Systems
- Autopilot systems
- Displays
- Navigation
- Communications
- Surveillance
- Data
- Mission Systems
- Sensors
Market trends and key characteristics including:
- The evolving industry structure:
- The role of the aircraft OEMs
- Buyer Furnished Equipment (BFE) vs Supplier Furnished Equipment (SFE)
- The role of Airlines (end-users)
- Supplier consolidation and ownership
- Key technology trends:
- Commercial Off-The-Shelf (COTS) Avionics
- Integrated Avionics
- Autonomous flight/’Pilotless’ cockpit
- Sensor development
The report provides profiles of 50 companies. Our profiles cover:
- Origins and ownership
- Our estimate of avionics sales, plus financials if obtainable
- Operations and capability
- Customers and contracts
- Strategy and recent developments