Global Flight Navigation System Market 2015-2019 - Adoption of Next-Generation Avionics a Key Market Trend

Nov 13, 2015, 13:10 ET from Research and Markets

DUBLIN, Nov. 13, 2015 /PRNewswire/ -- Research and Markets (http://www.researchandmarkets.com/research/687wxs/global_flight) has announced the addition of the "Global Flight Navigation System Market 2015-2019" report to their offering.

The global flight navigation system market to grow at a CAGR of 5.87% over the period 2014-2019.

The report includes the present scenario and the growth prospects of the global flight navigation system market for the period 2015-2019. The market can be segmented into three: autopilot, sensors, and altimeter. The report covers the Americas, APAC, and EMEA; it also covers the landscape of the global flight navigation system market and its growth prospects in the coming years. The report includes a discussion of the key vendors operating in this market.

Next-generation avionics that are capable of handling more air traffic and a shift toward non-directional beacon (NDB) radio transmitters are the major trends in the market.

According to the report, demand is increasing for the latest avionics systems and accurate flight navigation systems in an effort to continually maximize passenger safety. As a result of advancements in the technology, there have been significant improvements in autopilot systems. These systems reduce the requirement for human intervention and lighten pilot workload.

Further, the report states that the latest generation of aircraft is equipped with Wi-Fi on board, and the costs associated with installing navigation systems are high. These systems are also vulnerable to hacking, which is raising concerns for the Federal Aviation Administration (FAA).

Key vendors

  • Honeywell International
  • Moog
  • Northrop Grumman
  • Raytheon
  • Rockwell Collins

Other prominent vendors

  • Esterline Technologies
  • GE Aviation
  • Navtech
  • Sagem

Key Topics Covered:

Part 1: Executive summary

Part 2: Scope of the report

Part 3: Market research methodology

Part 4: Introduction

Part 5: Market landscape

Part 6: Market segmentation by type

Part 7: Geographical segmentation

Part 8: Market drivers

Part 9: Impact of drivers

Part 10: Market challenges

Part 11: Impact of drivers and challenges

Part 12: Market trends

Part 13: Vendor landscape

Part 14: Key vendor analysis

Part 15: Appendix

For more information visit http://www.researchandmarkets.com/research/687wxs/global_flight

Media Contact:

Laura Wood, +353-1-481-1716, press@researchandmarkets.net

 

SOURCE Research and Markets



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