Stratview Research has recently published a report on the Commercial Avionics Market. This strategically evaluated report provides a detailed overview that presents today's market scenario and future possibilities, as well as market intelligence and information, for a 5-year period from 2021 to 2026.

The report on the market is segmented By Aircraft Type (Narrow-body, Wide-body, Regional Aircraft), By Subsystem (Health Monitoring Systems, Flight Management and Control Systems, Communication and Navigation, Cockpit Systems, Visualizations and Display Systems, Others), and Region.

Commercial Avionics Market Analysis:

Stratview Research’s report discusses the segment-wise current market condition. Also, it offers an estimation of future growth opportunities. As per the estimation, the Commercial Avionics Market is estimated to grow at a healthy CAGR of 16.4% during the forecast period.

Some of the companies drives the market growth:

  • Honeywell International Inc. (The U.S),
  • General Electric Company (The U.S),
  • Thales Group (France),
  • BAE Systems PLC (UK),
  • Cobham PLC (UK),
  • Esterline Technologies Corporation (The U.S),
  • Diehl Stiftung & Co. KG (Germany),
  • L3Harris Technologies Inc.,
  • Collins Aerospace (Raytheon Technologies Corporation) (The U.S), and
  • Meggitt PLC (UK).

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Market Dynamics

The growth of the commercial avionics market is primarily driven by:

  • The mandate for automatic dependent surveillance and strong growth in the retrofit aircraft market.
  • Also, robust growth in emerging countries, the advent of advanced avionic systems for next-gen aircraft, rising need for real-time data, and growing number of aircraft orders.
  • However, the rising vulnerability of the avionic systems to cyberattacks.

Research Methodology

  • This report offers high-quality insights and is the outcome of detailed research methodology comprising extensive secondary research, rigorous primary interviews with industry stakeholders and validation and triangulation with Stratview Research’s internal database and statistical tools.
  • More than 1,000 authenticated secondary sources, such as company annual reports, fact book, press release, journals, investor presentation, white papers, patents, and articles have been leveraged to gather the data.
  • We conducted more than 10 detailed primary interviews with the market players across the value chain in all four regions and with industry experts to obtain both the qualitative and quantitative insights.

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