Commercial Aerospace Avionics Market

Avionics consist of electro-mechanical and electronic systems used on aircraft, artificial satellites and spacecraft, which assist the pilots in safe and efficient operation of an aircraft. Avionics system comprises of communications, navigation, display system and many other systems that perform various functions. Modern avionics consist of advanced technology and software-intensive systems. For instance, modern avionics are highly used in Next Generation Air Transport System initiated by Federal Aviation Administration in the United States and the Single European Sky ATM Research (SESAR) initiated by Europe.

Commercial Aerospace Avionics Market contains market size and forecasts of Commercial Aerospace Avionics in Global, including the following market information:

• Global Commercial Aerospace Avionics Market Revenue, 2017-2022, 2023-2028, ($ millions)
• Global top five companies in 2021 (%)

The global Commercial Aerospace Avionics market was valued at 6963.3 million in 2021 and is projected to reach US$ 8062.6 million by 2028, at a CAGR of 2.1% during the forecast period.

The U.S. Market is Estimated at $ Million in 2021, While China is Forecast to Reach $ Million by 2028.

Display Systems Segment to Reach $ Million by 2028, with a % CAGR in next six years.

The global key manufacturers of Commercial Aerospace Avionics include Garmin, GE, Honeywell, Mitsubishi, Northrop Grumman, Rockwell Collins and Thales, etc. In 2021, the global top five players have a share approximately % in terms of revenue.

We surveyed the Commercial Aerospace Avionics companies, and industry experts on this industry, involving the revenue, demand, product type, recent developments and plans, industry trends, drivers, challenges, obstacles, and potential risks.

Total Market by Segment:

Global Commercial Aerospace Avionics Market, by Type, 2017-2022, 2023-2028 ($ millions)

Global Commercial Aerospace Avionics Market Segment Percentages, by Type, 2021 (%)

• Display Systems
• Control Systems
• Radar and Surveillance
• Others

Global Commercial Aerospace Avionics Market, by Application, 2017-2022, 2023-2028 ($ millions)

Global Commercial Aerospace Avionics Market Segment Percentages, by Application, 2021 (%)

• Commercial Aircraft
• Business Jets
• Regional Aircraft
• Military Aircraft

Global Commercial Aerospace Avionics Market, By Region and Country, 2017-2022, 2023-2028 ($ Millions)

Global Commercial Aerospace 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 Commercial Aerospace Avionics revenues in global market, 2017-2022 (estimated), ($ millions)
• Key companies Commercial Aerospace Avionics revenues share in global market, 2021 (%)

Further, the report presents profiles of competitors in the market, key players include:

• Garmin
• GE
• Honeywell
• Mitsubishi
• Northrop Grumman
• Rockwell Collins
• Thales