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Avionics-Global Market Insights and Sales Trends 2025
Synopsis
The 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.
The global Avionics market size is expected to reach US$ 71460 million by 2029, growing at a CAGR of 2.8% from 2023 to 2029. The market is mainly driven by the significant applications of Avionics in various end use industries. The expanding demands from the Commercial, Defense and UAV,, are propelling Avionics market. Flight Control & Management System, one of the segments analysed in this report, is projected to record % CAGR and reach US$ million by the end of the analysis period. Growth in the Communication, Navigation & Surveillance Systems segment is estimated at % CAGR for the next seven-year period.
Based on subsystem, the flight control & management system dominates the avionics market, in terms of market size, and is expected to continue its dominance over the next five years. This segment is also projected to grow at the highest CAGR during the forecast period. The key factor driving the growth of flight control & management system segment is increasing requirement of real-time flight plan information sharing.
Report Objectives
This report provides market insight on the different segments, by manufacturers, by Type, by Application. Market size and forecast (2018-2029) has been provided in the report. The primary objectives of this report are to provide 1) global market size and forecasts, growth rates, market dynamics, industry structure and developments, market situation, trends; 2) global market share and ranking by company; 3) comprehensive presentation of the global market for Avionics, with both quantitative and qualitative analysis through detailed segmentation; 4) detailed value chain analysis and review of growth factors essential for the existing market players and new entrants; 5) emerging opportunities in the market and the future impact of major drivers and restraints of the market.
Key Features of The Study:
This report provides in-depth analysis of the global Avionics market, and provides market size (US$ million) and CAGR for the forecast period (2023-2029), considering 2022 as the base year.
This report profiles key players in the global Avionics market based on the following parameters - company details (found date, headquarters, manufacturing bases), products portfolio, Avionics sales data, market share and ranking.
This report elucidates potential market opportunities across different segments and explains attractive investment proposition matrices for this market.
This report illustrates key insights about market drivers, restraints, opportunities, market trends, regional outlook.
Key companies of Avionics covered in this report include Garmin, GE, Honeywell, Rockwell Collins, Thales, United Technologies, Teledyne Technologies, L3 Technologies and Curtiss-Wright, etc.
The global Avionics market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts.
Market Segmentation
Company Profiles:
Garmin
GE
Honeywell
Rockwell Collins
Thales
United Technologies
Teledyne Technologies
L3 Technologies
Curtiss-Wright
Meggitt
Cobham
Global Avionics market, by region:
North America (U.S., Canada, Mexico)
Europe (Germany, France, UK, Italy, etc.)
Asia Pacific (China, Japan, South Korea, Southeast Asia, India, etc.)
South America (Brazil, etc.)
Middle East and Africa (Turkey, GCC Countries, Africa, etc.)
Global Avionics market, Segment by Type:
Flight Control & Management System
Communication, Navigation & Surveillance Systems
Monitoring/Glass Cockpit
Electrical & Emergency Systems
Inflight Entertainment
Mission/Tactical System
Global Avionics market, by Application
Commercial
Defense
UAV
Core Chapters
Chapter One: Introduces the study scope of this report, executive summary of market segments by Type, market size segments for North America, Europe, Asia Pacific, South America, Middle East & Africa.
Chapter Two: Detailed analysis of Avionics manufacturers competitive landscape, price, sales, revenue, market share and ranking, latest development plan, merger, and acquisition information, etc.
Chapter Three: Sales, revenue of Avionics in regional level. It provides a quantitative analysis of the market size and development potential of each region and introduces the future development prospects, and market space in the world.
Chapter Four: Introduces market segments by Application, market size segment for North America, Europe, Asia Pacific, South America, Middle East & Africa.
Chapter Five, Six, Seven, Eight and Nine: North America, Europe, Asia Pacific, South America, Middle East & Africa, sales and revenue by country.
Chapter Ten: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter Eleven: Analysis of industrial chain, key raw materials, manufacturing cost, and market dynamics. Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter Twelve: Analysis of sales channel, distributors and customers.
Chapter Thirteen: Research Findings and Conclusion.
The 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.
The global Avionics market size is expected to reach US$ 71460 million by 2029, growing at a CAGR of 2.8% from 2023 to 2029. The market is mainly driven by the significant applications of Avionics in various end use industries. The expanding demands from the Commercial, Defense and UAV,, are propelling Avionics market. Flight Control & Management System, one of the segments analysed in this report, is projected to record % CAGR and reach US$ million by the end of the analysis period. Growth in the Communication, Navigation & Surveillance Systems segment is estimated at % CAGR for the next seven-year period.
Based on subsystem, the flight control & management system dominates the avionics market, in terms of market size, and is expected to continue its dominance over the next five years. This segment is also projected to grow at the highest CAGR during the forecast period. The key factor driving the growth of flight control & management system segment is increasing requirement of real-time flight plan information sharing.
Report Objectives
This report provides market insight on the different segments, by manufacturers, by Type, by Application. Market size and forecast (2018-2029) has been provided in the report. The primary objectives of this report are to provide 1) global market size and forecasts, growth rates, market dynamics, industry structure and developments, market situation, trends; 2) global market share and ranking by company; 3) comprehensive presentation of the global market for Avionics, with both quantitative and qualitative analysis through detailed segmentation; 4) detailed value chain analysis and review of growth factors essential for the existing market players and new entrants; 5) emerging opportunities in the market and the future impact of major drivers and restraints of the market.
Key Features of The Study:
This report provides in-depth analysis of the global Avionics market, and provides market size (US$ million) and CAGR for the forecast period (2023-2029), considering 2022 as the base year.
This report profiles key players in the global Avionics market based on the following parameters - company details (found date, headquarters, manufacturing bases), products portfolio, Avionics sales data, market share and ranking.
This report elucidates potential market opportunities across different segments and explains attractive investment proposition matrices for this market.
This report illustrates key insights about market drivers, restraints, opportunities, market trends, regional outlook.
Key companies of Avionics covered in this report include Garmin, GE, Honeywell, Rockwell Collins, Thales, United Technologies, Teledyne Technologies, L3 Technologies and Curtiss-Wright, etc.
The global Avionics market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts.
Market Segmentation
Company Profiles:
Garmin
GE
Honeywell
Rockwell Collins
Thales
United Technologies
Teledyne Technologies
L3 Technologies
Curtiss-Wright
Meggitt
Cobham
Global Avionics market, by region:
North America (U.S., Canada, Mexico)
Europe (Germany, France, UK, Italy, etc.)
Asia Pacific (China, Japan, South Korea, Southeast Asia, India, etc.)
South America (Brazil, etc.)
Middle East and Africa (Turkey, GCC Countries, Africa, etc.)
Global Avionics market, Segment by Type:
Flight Control & Management System
Communication, Navigation & Surveillance Systems
Monitoring/Glass Cockpit
Electrical & Emergency Systems
Inflight Entertainment
Mission/Tactical System
Global Avionics market, by Application
Commercial
Defense
UAV
Core Chapters
Chapter One: Introduces the study scope of this report, executive summary of market segments by Type, market size segments for North America, Europe, Asia Pacific, South America, Middle East & Africa.
Chapter Two: Detailed analysis of Avionics manufacturers competitive landscape, price, sales, revenue, market share and ranking, latest development plan, merger, and acquisition information, etc.
Chapter Three: Sales, revenue of Avionics in regional level. It provides a quantitative analysis of the market size and development potential of each region and introduces the future development prospects, and market space in the world.
Chapter Four: Introduces market segments by Application, market size segment for North America, Europe, Asia Pacific, South America, Middle East & Africa.
Chapter Five, Six, Seven, Eight and Nine: North America, Europe, Asia Pacific, South America, Middle East & Africa, sales and revenue by country.
Chapter Ten: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter Eleven: Analysis of industrial chain, key raw materials, manufacturing cost, and market dynamics. Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter Twelve: Analysis of sales channel, distributors and customers.
Chapter Thirteen: Research Findings and Conclusion.
Index1 Avionics Market Overview
1.1 Avionics Product Overview
1.2 Avionics Market Segment by Type
1.2.1 Flight Control & Management System
1.2.2 Communication, Navigation & Surveillance Systems
1.2.3 Monitoring/Glass Cockpit
1.2.4 Electrical & Emergency Systems
1.2.5 Inflight Entertainment
1.2.6 Mission/Tactical System
1.3 Global Avionics Market Size by Type
1.3.1 Global Avionics Market Size Overview by Type (2018-2029)
1.3.2 Global Avionics Historic Market Size Review by Type (2018-2023)
1.3.3 Global Avionics Forecasted Market Size by Type (2024-2029)
1.4 Key Regions Market Size Segment by Type
1.4.1 North America Avionics Sales Breakdown by Type (2018-2023)
1.4.2 Europe Avionics Sales Breakdown by Type (2018-2023)
1.4.3 Asia-Pacific Avionics Sales Breakdown by Type (2018-2023)
1.4.4 Latin America Avionics Sales Breakdown by Type (2018-2023)
1.4.5 Middle East and Africa Avionics Sales Breakdown by Type (2018-2023)
2 Global Avionics Market Competition by Company
2.1 Global Top Players by Avionics Sales (2018-2023)
2.2 Global Top Players by Avionics Revenue (2018-2023)
2.3 Global Top Players by Avionics Price (2018-2023)
2.4 Global Top Manufacturers Avionics Manufacturing Base Distribution, Sales Area, Product Type
2.5 Avionics Market Competitive Situation and Trends
2.5.1 Avionics Market Concentration Rate (2018-2023)
2.5.2 Global 5 and 10 Largest Manufacturers by Avionics Sales and Revenue in 2022
2.6 Global Top Manufacturers by Company Type (Tier 1, Tier 2 and Tier 3) & (based on the Revenue in Avionics as of 2022)
2.7 Date of Key Manufacturers Enter into Avionics Market
2.8 Key Manufacturers Avionics Product Offered
2.9 Mergers & Acquisitions, Expansion
3 Avionics Status and Outlook by Region
3.1 Global Avionics Market Size and CAGR by Region: 2018 VS 2022 VS 2029
3.2 Global Avionics Historic Market Size by Region
3.2.1 Global Avionics Sales in Volume by Region (2018-2023)
3.2.2 Global Avionics Sales in Value by Region (2018-2023)
3.2.3 Global Avionics Sales (Volume & Value) Price and Gross Margin (2018-2023)
3.3 Global Avionics Forecasted Market Size by Region
3.3.1 Global Avionics Sales in Volume by Region (2024-2029)
3.3.2 Global Avionics Sales in Value by Region (2024-2029)
3.3.3 Global Avionics Sales (Volume & Value), Price and Gross Margin (2024-2029)
4 Global Avionics by Application
4.1 Avionics Market Segment by Application
4.1.1 Commercial
4.1.2 Defense
4.1.3 UAV
4.2 Global Avionics Market Size by Application
4.2.1 Global Avionics Market Size Overview by Application (2018-2029)
4.2.2 Global Avionics Historic Market Size Review by Application (2018-2023)
4.2.3 Global Avionics Forecasted Market Size by Application (2024-2029)
4.3 Key Regions Market Size Segment by Application
4.3.1 North America Avionics Sales Breakdown by Application (2018-2023)
4.3.2 Europe Avionics Sales Breakdown by Application (2018-2023)
4.3.3 Asia-Pacific Avionics Sales Breakdown by Application (2018-2023)
4.3.4 Latin America Avionics Sales Breakdown by Application (2018-2023)
4.3.5 Middle East and Africa Avionics Sales Breakdown by Application (2018-2023)
5 North America Avionics by Country
5.1 North America Avionics Historic Market Size by Country
5.1.1 North America Avionics Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
5.1.2 North America Avionics Sales in Volume by Country (2018-2023)
5.1.3 North America Avionics Sales in Value by Country (2018-2023)
5.2 North America Avionics Forecasted Market Size by Country
5.2.1 North America Avionics Sales in Volume by Country (2024-2029)
5.2.2 North America Avionics Sales in Value by Country (2024-2029)
6 Europe Avionics by Country
6.1 Europe Avionics Historic Market Size by Country
6.1.1 Europe Avionics Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
6.1.2 Europe Avionics Sales in Volume by Country (2018-2023)
6.1.3 Europe Avionics Sales in Value by Country (2018-2023)
6.2 Europe Avionics Forecasted Market Size by Country
6.2.1 Europe Avionics Sales in Volume by Country (2024-2029)
6.2.2 Europe Avionics Sales in Value by Country (2024-2029)
7 Asia-Pacific Avionics by Region
7.1 Asia-Pacific Avionics Historic Market Size by Region
7.1.1 Asia-Pacific Avionics Market Size Growth Rate (CAGR) by Region: 2018 VS 2022 VS 2029
7.1.2 Asia-Pacific Avionics Sales in Volume by Region (2018-2023)
7.1.3 Asia-Pacific Avionics Sales in Value by Region (2018-2023)
7.2 Asia-Pacific Avionics Forecasted Market Size by Region
7.2.1 Asia-Pacific Avionics Sales in Volume by Region (2024-2029)
7.2.2 Asia-Pacific Avionics Sales in Value by Region (2024-2029)
8 Latin America Avionics by Country
8.1 Latin America Avionics Historic Market Size by Country
8.1.1 Latin America Avionics Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
8.1.2 Latin America Avionics Sales in Volume by Country (2018-2023)
8.1.3 Latin America Avionics Sales in Value by Country (2018-2023)
8.2 Latin America Avionics Forecasted Market Size by Country
8.2.1 Latin America Avionics Sales in Volume by Country (2024-2029)
8.2.2 Latin America Avionics Sales in Value by Country (2024-2029)
9 Middle East and Africa Avionics by Country
9.1 Middle East and Africa Avionics Historic Market Size by Country
9.1.1 Middle East and Africa Avionics Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
9.1.2 Middle East and Africa Avionics Sales in Volume by Country (2018-2023)
9.1.3 Middle East and Africa Avionics Sales in Value by Country (2018-2023)
9.2 Middle East and Africa Avionics Forecasted Market Size by Country
9.2.1 Middle East and Africa Avionics Sales in Volume by Country (2024-2029)
9.2.2 Middle East and Africa Avionics Sales in Value by Country (2024-2029)
10 Company Profiles
10.1 Garmin
10.1.1 Garmin Company Information
10.1.2 Garmin Introduction and Business Overview
10.1.3 Garmin Avionics Sales, Revenue and Gross Margin (2018-2023)
10.1.4 Garmin Avionics Products Offered
10.1.5 Garmin Recent Development
10.2 GE
10.2.1 GE Company Information
10.2.2 GE Introduction and Business Overview
10.2.3 GE Avionics Sales, Revenue and Gross Margin (2018-2023)
10.2.4 GE Avionics Products Offered
10.2.5 GE Recent Development
10.3 Honeywell
10.3.1 Honeywell Company Information
10.3.2 Honeywell Introduction and Business Overview
10.3.3 Honeywell Avionics Sales, Revenue and Gross Margin (2018-2023)
10.3.4 Honeywell Avionics Products Offered
10.3.5 Honeywell Recent Development
10.4 Rockwell Collins
10.4.1 Rockwell Collins Company Information
10.4.2 Rockwell Collins Introduction and Business Overview
10.4.3 Rockwell Collins Avionics Sales, Revenue and Gross Margin (2018-2023)
10.4.4 Rockwell Collins Avionics Products Offered
10.4.5 Rockwell Collins Recent Development
10.5 Thales
10.5.1 Thales Company Information
10.5.2 Thales Introduction and Business Overview
10.5.3 Thales Avionics Sales, Revenue and Gross Margin (2018-2023)
10.5.4 Thales Avionics Products Offered
10.5.5 Thales Recent Development
10.6 United Technologies
10.6.1 United Technologies Company Information
10.6.2 United Technologies Introduction and Business Overview
10.6.3 United Technologies Avionics Sales, Revenue and Gross Margin (2018-2023)
10.6.4 United Technologies Avionics Products Offered
10.6.5 United Technologies Recent Development
10.7 Teledyne Technologies
10.7.1 Teledyne Technologies Company Information
10.7.2 Teledyne Technologies Introduction and Business Overview
10.7.3 Teledyne Technologies Avionics Sales, Revenue and Gross Margin (2018-2023)
10.7.4 Teledyne Technologies Avionics Products Offered
10.7.5 Teledyne Technologies Recent Development
10.8 L3 Technologies
10.8.1 L3 Technologies Company Information
10.8.2 L3 Technologies Introduction and Business Overview
10.8.3 L3 Technologies Avionics Sales, Revenue and Gross Margin (2018-2023)
10.8.4 L3 Technologies Avionics Products Offered
10.8.5 L3 Technologies Recent Development
10.9 Curtiss-Wright
10.9.1 Curtiss-Wright Company Information
10.9.2 Curtiss-Wright Introduction and Business Overview
10.9.3 Curtiss-Wright Avionics Sales, Revenue and Gross Margin (2018-2023)
10.9.4 Curtiss-Wright Avionics Products Offered
10.9.5 Curtiss-Wright Recent Development
10.10 Meggitt
10.10.1 Meggitt Company Information
10.10.2 Meggitt Introduction and Business Overview
10.10.3 Meggitt Avionics Sales, Revenue and Gross Margin (2018-2023)
10.10.4 Meggitt Avionics Products Offered
10.10.5 Meggitt Recent Development
10.11 Cobham
10.11.1 Cobham Company Information
10.11.2 Cobham Introduction and Business Overview
10.11.3 Cobham Avionics Sales, Revenue and Gross Margin (2018-2023)
10.11.4 Cobham Avionics Products Offered
10.11.5 Cobham Recent Development
11 Upstream, Opportunities, Challenges, Risks and Influences Factors Analysis
11.1 Avionics Key Raw Materials
11.1.1 Key Raw Materials
11.1.2 Key Raw Materials Price
11.1.3 Raw Materials Key Suppliers
11.2 Manufacturing Cost Structure
11.2.1 Raw Materials
11.2.2 Labor Cost
11.2.3 Manufacturing Expenses
11.3 Avionics Industrial Chain Analysis
11.4 Avionics Market Dynamics
11.4.1 Avionics Industry Trends
11.4.2 Avionics Market Drivers
11.4.3 Avionics Market Challenges
11.4.4 Avionics Market Restraints
12 Market Strategy Analysis, Distributors
12.1 Sales Channel
12.2 Avionics Distributors
12.3 Avionics Downstream Customers
13 Research Findings and Conclusion
14 Appendix
14.1 Research Methodology
14.1.1 Methodology/Research Approach
14.1.2 Data Source
14.2 Author Details
14.3 Disclaimer
Published By : QY Research
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