Global Flight Navigation System Market 2015-2019
Market outlook of flight navigation systems
Latest avionics systems and accurate flight navigation are in demand for enhancing the safety and security of passengers. Technavio’s market research analysts predict the global flight navigation system market to grow at a CAGR of close to 5.87% until 2019.
As a result of advances in technologies, the market has witnessed a significant improvement in autopilot systems. It is expected to reduce human intervention and pilot workload. The flight management system aids in noise reduction and improves flight plans. This growing demand will help new-generation aircrafts such as Airbus A320neo and Boeing 737 to be equipped with the latest avionics, thus improving the efficiency of these aircrafts.
Key utility areas of flight navigation systems
Flight navigation systems and equipment are used to control and guide aircrafts. These systems include autopilot, sensors, flight management systems, global navigation satellite systems (GNSS), automatic direction finder, and other equipment that help in navigating an aircraft. Navigation systems depend on the instrument flight rules (IFR) or visual flight rules (VFR) while operating in the air.
Next-generation avionics is capable of handling more air traffic. The market is witnessing a shift toward non-directional beacon (NDB) radio transmitters, and it is expected to positively impact this market. The development of en-route automation modernization (ERAM), flight management system, automatic dependent surveillance (ADS-B), aircraft condition monitoring system (ACMS), and GPS-aided geo augmented navigation (GAGAN) will help in effective monitoring and controlling of aircrafts in the future.
Segmentation of global flight navigation system market by type
The growing demand for an accurate flight navigation system has resulted in a significant demand for uninterruptible autopilot systems. Once engaged, this system does not allow a pilot or hijacker to control the aircraft. It communicates directly with air traffic control (ATC) and satellite systems.
In 2014, Eclipse Aviation awarded a contract to Meggitt, an important aerospace engineering company, to supply digital autopilots for its new commercial aircraft fleet. It is likely to contribute to the growth of this market during the forecast period.
Geographical segmentation of the flight navigation system market
The EMEA region is expecting 9,860 aircraft deliveries over the next 20 years, and 40% of the fleets are going to be replaced by new aircraft. The Middle East, in particular, is expected to witness the highest traffic growth during the forecast period. Major airlines from this region such as Emirates, Qatar, Etihad, and Air Arabia Airways will emerge as the leading contributors of the flight navigation market until 2019.
Leading vendors analyzed by this report
- Northrop Grumman
- Rockwell Collins
The other prominent vendors of this market include Esterline Technologies, GE Aviation, Sagem, and Navtech.
Key questions answered in the report
- What are the key factors driving the global flight navigation system market?
- What are the key market trends impacting the growth of the global flight navigation system market?
- What are the various opportunities and threats faced by the vendors in the global flight navigation system market?
- Trending factors influencing the market shares for the global flight navigation system market?
- Market shares for APAC, Americas, and EMEA?
- Key outcome of the five forces analysis on the global flight navigation system market?
- Growth forecast of the global flight navigation system market?
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