Commercial Aircraft Avionics Systems Market Is Expected To Grow At A CAGR Of 6% By 2021

Posted on 2017-07-24 by WiseGuy Research in Aerospace // 0 Comments

PUNE, India, 2017-Jul-24 — /EPR Network/ — Market Synopsis of Global Commercial Aircraft Avionics Systems Market: The Global Commercial Aircraft Avionics Systems Market is expected to grow at a CAGR of around 6% during 2016-2021. The key factors driving the growth are demand for lightweight avionics systems, growing fleet size & aircraft orders, increase in demand from emerging economies, and regulation related to aviation safety.

As per the MRFR analysis, the growing concern over cyber-attacks, the high maintenance cost, rising expense of training air crew, and the economic turbulence in several countries are factors restraining the market growth of commercial aircraft avionics systems markets.
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Key Players of Commercial Aircraft Avionics Systems Market:

Cobham
Honeywell
Panasonic Avionics
Rockwell Collins
Thales
Curtiss-Wright
Elbit Systems
Garmin
GE Aviation
L-3 Communications
Universal Avionics System
Zodiac Aerospace

Study Objectives of Global Commercial Aircraft Avionics Systems Market:

To provide detailed analysis of the market structure along with forecast for the next 5 years of the various segments and sub-segments of the Global Commercial Aircraft Avionics Systems Market.
To provide insights about factors affecting the market growth.
To analyse the commercial aircraft avionics systems market based on various factors- price analysis, supply chain analysis, porter’s five force analysis etc.
To provide historical and forecast revenue of the market segments and sub-segments with respect to four main geographies and their countries- North America, Europe, Asia, and Rest of the World (ROW).
To provide country-level analysis of the market with respect to the current market size and future prospective.
To provide country-level analysis of the market for segment by sub-system, platform, and fit
To provide strategic profiling of key players in the market, comprehensively analysing their core competencies, and drawing a competitive landscape for the market.
To track and analyse competitive developments such as joint ventures, strategic alliances, mergers and acquisitions, new product developments, and research and developments in the Global Commercial Aircraft Avionics Systems Market.

Regional and Country Analysis of Commercial Aircraft Avionics Systems Market:

As per the MRFR analysis, the EMEA region will continue its dominance in the forecast period. Whereas, APAC will have significant growth and is expected to grow at healthy CAGR of around 9% during the forecast period.

Americas market is driven by adoption of advanced technology to improve the aircraft efficiency, the rising need for real-time data, the existence of a well-established air network, and aircraft modernization with improved avionics systems.

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Target Audience:

Aircraft Avionics OEMs

Component Suppliers

Aftermarket suppliers

Research Institute / Education Institute

Potential Investors

Key executive (CEO and COO) and strategy growth manager

About Market Research Future:

At Market Research Future (MRFR), we enable our customers to unravel the complexity of various industries through our Cooked Research Report (CRR), Half-Cooked Research Reports (HCRR), Raw Research Reports (3R), Continuous-Feed Research (CFR), and Market Research & Consulting Services.

MRFR team have supreme objective to provide the optimum quality market research and intelligence services to our clients. Our market research studies by Components, Application, Technologies and market players for global, regional, and country level market segments, enable our clients to see more, know more, and do more, which help to answer all their most important questions.

In order to stay updated with technology and work process of the industry, MRFR often plans & conducts meet with the industry experts and industrial visits for its research analyst members.

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