Global Aerospace Avionics Market Growth, Size, Trends Analysis - By System, By Platform, By Fit, By Point of Sale - Regional Outlook, Competitive Strategies and Segment Forecast to 2034

Description

Aerospace Avionics Market Introduction and Overview

According to SPER market research, 'Global Aerospace Avionics Market Size- By System, By Platform, By Fit, By Point of Sale - Regional Outlook, Competitive Strategies and Segment Forecast to 2034' state that the Global Aerospace Avionics Market is predicted to reach 121.92 billion by 2034 with a CAGR of 9.83%.

Aerospace avionics pertains to the electronic systems incorporated into aircraft to oversee, monitor, and manage various functions associated with flight and navigation. These systems are vital for ensuring the safe and efficient functioning of aircraft, while also supplying essential information to pilots and ground control teams. The advancement of technology propels the evolution of avionics systems, resulting in enhancements in functionality, reliability, and performance. As new technologies emerge, including advanced sensors, processors, and communication systems, avionics manufacturers persistently innovate to incorporate these improvements into their offerings.

Restraints: The avionics industry in aerospace encounters various obstacles regarding its avionics systems. High costs associated with both implementation and maintenance serve as significant impediments to growth within the market. The low profit margins brought on by the installation of expensive avionics systems make value chain management even more difficult. Furthermore, the aerospace sector is contending with surging fuel prices, which further accentuates profitability challenges and restricts investment in cutting-edge avionics solutions. Specifically, within the aerospace domain, the upfront expenses related to the deployment of networking technologies and connectivity hardware are notably high.

Report Metric Details

Market size available for years 2021-2034

Base year considered 2024

Forecast period 2025-2034

Segments covered By System, Platform, Fit, Point of Sale

Regions covered

North America, Latin America, Asia-Pacific, Europe, and Middle East & Africa

Companies Covered

Astronautics Corporation, BAE Systems, Curtiss-Wright, Elbit Systems, Garmin, General Electric, Honeywell, L3Harris, Leonardo, Meggitt.

Global Aerospace Avionics Market Segmentation:

By System: Based on the System, Global Aerospace Avionics Market is segmented as; Communications, Power & data management, Weather detection, Flight management,

Electronic flight display, Payload & mission management, Traffic & collision management.

By Platform: Based on the Platform, Global Aerospace Avionics Market is segmented as; Military aviation, Commercial aviation.

By Fit: Based on the Fit, Global Aerospace Avionics Market is segmented as; Line-fit, Retro-fit.

By Point of Sale: Based on the Point of Sale, Global Aerospace Avionics Market is segmented as; Original equipment manufacturer, Aftermarket.

By Region: This research also includes data for North America, Latin America, Asia-Pacific, Europe, Middle East & Africa

Product Code: IACT25123

1.Introduction

1.1.Scope of the report
1.2.Market segment analysis

2.Research Methodology

2.1.Research data source
- 2.1.1.Secondary Data
- 2.1.2.Primary Data
- 2.1.3.SPERs internal database
- 2.1.4.Premium insight from KOLs
2.2.Market size estimation
- 2.2.1.Top-down and Bottom-up approach
2.3.Data triangulation

3.Executive Summary

4.Market Dynamics

4.1.Driver, Restraint, Opportunity and Challenges analysis
- 4.1.1.Drivers
- 4.1.2.Restraints
- 4.1.3.Opportunities
- 4.1.4.Challenges

5.Market variable and outlook

5.1.SWOT Analysis
- 5.1.1.Strengths
- 5.1.2.Weaknesses
- 5.1.3.Opportunities
- 5.1.4.Threats
5.2.PESTEL Analysis
- 5.2.1.Political Landscape
- 5.2.2.Economic Landscape
- 5.2.3.Social Landscape
- 5.2.4.Technological Landscape
- 5.2.5.Environmental Landscape
- 5.2.6.Legal Landscape
5.3.PORTERs Five Forces
- 5.3.1.Bargaining power of suppliers
- 5.3.2.Bargaining power of buyers
- 5.3.3.Threat of Substitute
- 5.3.4.Threat of new entrant
- 5.3.5.Competitive rivalry
5.4.Heat Map Analysis

6.Competitive Landscape

6.1.Global Aerospace Avionics Market Manufacturing Base Distribution, Sales Area, Product Type
6.2.Mergers & Acquisitions, Partnerships, Product Launch, and Collaboration in Global Aerospace Avionics Market

7.Global Aerospace Avionics Market, By System (USD Million) 2021-2034

7.1.Communications
- 7.1.1.Transponders
- 7.1.2.Transceivers
- 7.1.3.Antennas
- 7.1.4.Transmitters
- 7.1.5.Receivers
- 7.1.6.Others
7.2.Power & data management
- 7.2.1.Power conversion devices
- 7.2.2.Cockpit voice recorders
- 7.2.3.Flight data recorders
- 7.2.4.Data transfer systems
7.3.Weather detection
- 7.3.1.Weather radar
- 7.3.2.Lighting detection sensors
7.4.Flight management
- 7.4.1.Flight management computers
- 7.4.2.Autopilot computers
- 7.4.3.I/o and interface controllers
- 7.4.4.Analog attitude indicators
- 7.4.5.Analog vertical speed indicators
7.5.Electronic flight display
- 7.5.1.Primary flight display
- 7.5.2.Multi-function flight display
- 7.5.3.Navigation display
- 7.5.4.Others
7.6.Payload & mission management
- 7.6.1.Payload management computers
- 7.6.2.Mission computers
- 7.6.3.Electro-optics
- 7.6.4.Sonar
- 7.6.5.Radar
7.7.Traffic & collision management
- 7.7.1.Aircraft communications addressing & reporting systems
- 7.7.2.Collision avoidance systems

8.Global Aerospace Avionics Market, By Platform (USD Million) 2021-2034

8.1.Military aviation
- 8.1.1.Combat aircraft
- 8.1.2.Military drones
- 8.1.3.Training aircraft
- 8.1.4.Transport aircraft
- 8.1.5.Military helicopters
- 8.1.6.Unmanned aerial vehicle (UAV)
8.2.Commercial aviation
- 8.2.1.Narrow-body aircraft
- 8.2.2.Wide-body aircraft
- 8.2.3.Regional jets
- 8.2.4.Turboprop
- 8.2.5.Unmanned aerial mobility (UAM)

9.Global Aerospace Avionics Market, By Fit (USD Million) 2021-2034

9.1.Line-fit
9.2.Retro-fit

10.Global Aerospace Avionics Market, By Point of Sale (USD Million) 2021-2034

10.1.Original equipment manufacturer (OEM)
10.2.Aftermarket

11.Global Aerospace Avionics Market, (USD Million) 2021-2034

11.1.Global Aerospace Avionics Market Size and Market Share

12.Global Aerospace Avionics Market, By Region, (USD Million) 2021-2034

12.1.Asia-Pacific
- 12.1.1.Australia
- 12.1.2.China
- 12.1.3.India
- 12.1.4.Japan
- 12.1.5.South Korea
- 12.1.6.Rest of Asia-Pacific
12.2.Europe
- 12.2.1.France
- 12.2.2.Germany
- 12.2.3.Italy
- 12.2.4.Spain
- 12.2.5.United Kingdom
- 12.2.6.Rest of Europe
12.3.Middle East and Africa
- 12.3.1.Kingdom of Saudi Arabia
- 12.3.2.United Arab Emirates
- 12.3.3.Qatar
- 12.3.4.South Africa
- 12.3.5.Egypt
- 12.3.6.Morocco
- 12.3.7.Nigeria
- 12.3.8.Rest of Middle-East and Africa
12.4.North America
- 12.4.1.Canada
- 12.4.2.Mexico
- 12.4.3.United States
12.5.Latin America
- 12.5.1.Argentina
- 12.5.2.Brazil
- 12.5.3.Rest of Latin America

13.Company Profile

13.1.Astronautics Corporation
- 13.1.1.Company details
- 13.1.2.Financial outlook
- 13.1.3.Product summary
- 13.1.4.Recent developments
13.2.BAE Systems
- 13.2.1.Company details
- 13.2.2.Financial outlook
- 13.2.3.Product summary
- 13.2.4.Recent developments
13.3.Curtiss-Wright
- 13.3.1.Company details
- 13.3.2.Financial outlook
- 13.3.3.Product summary
- 13.3.4.Recent developments
13.4.Elbit Systems
- 13.4.1.Company details
- 13.4.2.Financial outlook
- 13.4.3.Product summary
- 13.4.4.Recent developments
13.5.Garmin
- 13.5.1.Company details
- 13.5.2.Financial outlook
- 13.5.3.Product summary
- 13.5.4.Recent developments
13.6.General Electric
- 13.6.1.Company details
- 13.6.2.Financial outlook
- 13.6.3.Product summary
- 13.6.4.Recent developments
13.7.Honeywell
- 13.7.1.Company details
- 13.7.2.Financial outlook
- 13.7.3.Product summary
- 13.7.4.Recent developments
13.8.L3Harris
- 13.8.1.Company details
- 13.8.2.Financial outlook
- 13.8.3.Product summary
- 13.8.4.Recent developments
13.9.Leonardo
- 13.9.1.Company details
- 13.9.2.Financial outlook
- 13.9.3.Product summary
- 13.9.4.Recent developments
13.10.Meggitt
- 13.10.1.Company details
- 13.10.2.Financial outlook
- 13.10.3.Product summary
- 13.10.4.Recent developments
13.11.Others