Helicopter Avionics Market: Drivers & Challenges
The increase in adoption of helicopters in multiple applications & the introduction of new and modernized helicopters are notably driving the helicopter avionics market growth. However, factors such as overdependence on automation systems harmful for pilots may impede the market growth. The in-depth analysis of the drivers will help in predicting end goals and refining marketing strategies to gain a competitive edge. Technavio report also provides detailed information on other upcoming trends and challenges that will have a far-reaching effect on the market growth.
Helicopter Avionics Market: Key Vendors Analysis
The helicopter avionics market is fragmented and the vendors are deploying various organic and inorganic growth strategies to compete in the market. The helicopter avionics market report also offers information on several market vendors, including Aspen Avionics Inc., Avidyne Corp., Garmin Ltd., General Electric Co., Honeywell International Inc., L3Harris Technologies Inc., Raytheon Technologies Corp., Safran SA, Thales Group, and The Boeing Co. among others
Helicopter Avionics Market: Segmentation Analysis
This market research report segments the helicopter avionics market by Component (Monitoring systems, Communication and navigation systems, and Flight control systems) and Geography (North America, Europe, APAC, South America, and MEA).
33% of the market's growth will originate from North America. The US and Canada are the key markets for helicopter avionics market in North America. The report offers an up-to-date analysis of the geographical composition of the market, competitive intelligence, and regional opportunities in store for vendors.
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Some of the key topics covered in the report include:
Market Challenges
Market Drivers
Market Trends
Vendor Landscape
- Vendors covered
- Vendor classification
- Market positioning of vendors
- Competitive scenario
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Helicopter Avionics Market Scope |
Report Coverage |
Details |
Page number |
120 |
Base year |
2020 |
Forecast period |
2021-2025 |
Growth momentum & CAGR |
Decelerate at a CAGR of 7.37% |
Market growth 2021-2025 |
USD 584.70 million |
Market structure |
Fragmented |
YoY growth (%) |
13.98 |
Regional analysis |
North America, Europe, APAC, South America, and MEA |
Performing market contribution |
North America at 33% |
Key consumer countries |
US, France, Germany, UK, and Canada |
Competitive landscape |
Leading companies, competitive strategies, consumer engagement scope |
Companies profiled |
Aspen Avionics Inc., Avidyne Corp., Garmin Ltd., General Electric Co., Honeywell International Inc., L3Harris Technologies Inc., Raytheon Technologies Corp., Safran SA, Thales Group, and The Boeing Co. |
Market Dynamics |
Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID-19 impact and future consumer dynamics, market condition analysis for the forecast period. |
Customization preview |
If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized. |
About Technavio
Technavio is a leading global technology research and advisory company. Their research and analysis focuses on emerging market trends and provide actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions.
With over 500 specialized analysts, Technavio's report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio's comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.
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SOURCE Technavio
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