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Download Free sampleThe word avionics is portmanteau of aviation and electronics. Avionics comprise electromechanical elements and electronic devices, which are used for the platform operation. They include equipment for communication; cockpit display; control, monitoring, and navigation systems; and other electromechanical systems.
Avionics Market contains market size and forecasts of Avionics in global, including the following market information:
Global Avionics Market Revenue, 2017-2022, 2023-2028, ($ millions)
Global Avionics Market Sales, 2017-2022, 2023-2028, (K Units)
Global top five Avionics companies in 2021 (%)
The global Avionics market was valued at 58930 million in 2021 and is projected to reach US$ 70910 million by 2028, at a CAGR of 2.7% during the forecast period.
The U.S. Market is Estimated at $ Million in 2021, While China is Forecast to Reach $ Million by 2028.
Flight Control & Management System Segment to Reach $ Million by 2028, with a % CAGR in next six years.
The global key manufacturers of Avionics include Garmin, GE, Honeywell, Rockwell Collins, Thales, United Technologies, Teledyne Technologies, L3 Technologies and Curtiss-Wright, etc. In 2021, the global top five players have a share approximately % in terms of revenue.
MARKET MONITOR GLOBAL, INC (MMG) has surveyed the Avionics manufacturers, suppliers, distributors and industry experts on this industry, involving the sales, revenue, demand, price change, product type, recent development and plan, industry trends, drivers, challenges, obstacles, and potential risks.
Total Market by Segment:
Global Avionics Market, by Type, 2017-2022, 2023-2028 ($ Millions) & (K Units)
Global Avionics Market Segment Percentages, by Type, 2021 (%)
Flight Control & Management System
Communication, Navigation & Surveillance Systems
Monitoring/Glass Cockpit
Electrical & Emergency Systems
Inflight Entertainment
Mission/Tactical System
Global Avionics Market, by Application, 2017-2022, 2023-2028 ($ Millions) & (K Units)
Global Avionics Market Segment Percentages, by Application, 2021 (%)
Commercial
Defense
UAV
Global Avionics Market, By Region and Country, 2017-2022, 2023-2028 ($ Millions) & (K Units)
Global Avionics Market Segment Percentages, By Region and Country, 2021 (%)
North America
US
Canada
Mexico
Europe
Germany
France
U.K.
Italy
Russia
Nordic Countries
Benelux
Rest of Europe
Asia
China
Japan
South Korea
Southeast Asia
India
Rest of Asia
South America
Brazil
Argentina
Rest of South America
Middle East & Africa
Turkey
Israel
Saudi Arabia
UAE
Rest of Middle East & Africa
Competitor Analysis
The report also provides analysis of leading market participants including:
Key companies Avionics revenues in global market, 2017-2022 (Estimated), ($ millions)
Key companies Avionics revenues share in global market, 2021 (%)
Key companies Avionics sales in global market, 2017-2022 (Estimated), (K Units)
Key companies Avionics sales share in global market, 2021 (%)
Further, the report presents profiles of competitors in the market, key players include:
Garmin
GE
Honeywell
Rockwell Collins
Thales
United Technologies
Teledyne Technologies
L3 Technologies
Curtiss-Wright
Meggitt
Cobham
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