Commercial Avionics Systems Market by Sub-systems, by Platform, and by Geography - Forecast & Analysis
LONDON, Sept. 1, 2015 /PRNewswire/ -- Avionics play a vital role in an aircraft to transmit data for purposes, such as communication, monitoring, and navigation. Avionics systems are those electronic systems that are responsible for carrying out individual functions for aircraft operations. They include all systems fitted in the cockpit of the aircraft, such as control, navigation, monitoring, communication, weather, and anti-collision systems. It is not easy to set up avionics systems as it takes at least a year to develop a system and a few more years to test it and get the required certifications. This is also one of the major obstacles of this capital-intensive market.
This report presents a complete analysis of the commercial avionics systemsmarket across the forecast period (2014-2020). It portrays key industry conventions that may influence this market. It provides the complete market size of avionics systems over the next six years for four regions. The report also supplies information on the market size of five avionics systems types along with their components for each region. The report further offers details of market share of each avionics systems type by sub-segment,platform, and sub-system.
This report provides analysis and forecast of the commercial avionics systemsmarket by sub-systems types. Themarket by sub-systems includes five systems,namely, Flight Management System, Health Monitoring System, Flight Control Systems, Navigation, Communication &Surveillance Systems, and Aircraft Electrical &Emergency Systems. These systems are further segmented by their components and types. The manufacturers of these systems aim to develop products that are more reliable, accurate, and efficient. Continuous improvements in software technology have modified the human-machine interface of avionics systems over a decade. It has become more user-friendly and is capable of automating a wide variety of in-flight tasks, thereby reducing the workload ofthe flight crew to a huge extent.
The commercial avionics systems market, by platform, is segmented into fixed wing and rotary copter. The report provides a detailed analysis and forecast of these segments for the four regions from 2015 to 2020. Thesame market for fixed wing platform is further segmented by narrow body, wide body, very large, and regional aircraft.
This report includes the analysis of the drivers, restraints, and challenges influencing the commercial avionics systems market and opportunities for growth during the forecast period. It also discusses the industry, market, and technological trends that currently prevail in the market and the technological advancements expected to impact the demand for avionics systems, globally.
Industry value-chain analysis and supply-chain analysis study areincorporated to determine the role of various stakeholders in influencing the commercial avionics systems market growth. The Porter's Five Forces model is studied to understand the implications of competitors, new entrants, substitute products, and influence of suppliers & buyers on this market. The report also highlights the strategic benchmarking of key market players.
This report provides a brief analysis of the commercial avionics systems market, emerging trends, and a detailed analysis of major countries from each region. The geography-wise analysis includes a sub-system and platform-level breakdown across geographic regions, such as North America, Europe, Asia-Pacific (APAC), and Rest of the World (RoW) which includes the Middle East, Latin America &Africa. The key market players across all four regions have been identified for competitive analysis. The region-wise breakdown also provides country-level analysis in the commercial avionics systems market. The major players are situated in Europe and North America.
This report provides a competitive landscape to identify key players and their market shares in this industry. Strategic profiling of key players of the commercial avionics systems market, along with a comprehensive analysis of their recent developments, investments, and core competencies in each segment has been identified. The company profiles include the financial details, developments with respect to the avionics systems, and their geographic trends. The MnM views included in the company profile provide a SWOT analysis of these companies. The key players that manufacture avionics systems include Honeywell International, Inc. (U.S.), Thales (France), Rockwell Collins (U.S.), United Technologies Corporation (U.S.), and GE Aviation(U.S.). Most of these players enjoy their top market positions by entering into strategic alliances. They also keep themselves updated on the market trends by launching new products with advanced technologies that help in improving the operational efficiency of avionics systems.
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.).
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