Global Flight Management Systems Market 2016-2020
- Published: May 2016
- Pages: 61
- SKU: IRTNTR9503
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The flight management systems market will register a CAGR of over 7% during 2016-2020. This report provides a detailed analysis of the market by aircraft type (narrowbody, widebody, regional jet, and turboprop) and by geography (Americas, APAC, and EMEA). The report also analyzes the market’s competitive landscape and provides information of several companies including Honeywell, Lufthansa, Rockwell Collins, Thales Group, and Universal Avionics.
Flight Management Systems Market Overview
With significant improvements in safety standards of aircraft operations, the FMS market is likely to have a positive outlook in the coming years. As aircraft operations are becoming increasingly dependent on FMS, flight crews and pilots must be well trained and equipped to deal with possible failures. For instance, during 2008, United Airlines Flight 731 experienced a glass-cockpit blackout in which all communications to radios, transponders, traffic alert and collision avoidance system, and attitude indicators were lost. Also, more than half of the electronic centralized aircraft monitor displays failed. However, the presence of backup analog displays for critical flight instruments such as the airspeed indicator and altimeter enabled the pilots to land the aircraft successfully. Moreover, with the increasing adoption of glass cockpit aircraft, which has a lower accident rate compared to conventional planes, will propel the growth prospects for this market until the end of 2020.
In this industry research report, the analysts have estimated factors such as the introduction of autopilot landing system to drive this market’s growth over the next four years. The autopilot landing system enables secure landing of aircraft, during harsh climatic conditions and low visibility. Therefore, it is mostly used at airports that frequently encounter issues with rain, snow, and fog. The autopilot system makes it convenient to monitor and measure the altitude, airspeed, and distance to ensure safe landing of the aircraft. The increasing focus to reduce human error and ensure the safety of the passengers will contribute to the growth of this market in the future.
Flight Management Systems Market: Segmentation by Aircraft Type
- Narrowbody
- Widebody
- Regional jet
- Turboprop
During 2015, the narrowbody segment dominated the market and accounted for more than 56% of the market share in terms of revenue. Factors such as the augmented demand for low-cost, full-service carriers, especially in APAC and the Middle East countries, will aid in this market segment’s growth in the coming years.
Flight Management Systems Market: Segmentation by Geography
- Americas
- APAC
- EMEA
In terms of geography, the APAC region led the global FMS market and is anticipated to reach more than USD 336 million by 2020. The growing demand for air travel in APAC has resulted in close to 9% increase in the passenger traffic since 2014. Also, the increasing preference for air travel has also led to a significant rise in the number of aircraft incidents, which will bolster the adoption of flight management systems in the APAC region.
Flight Management Systems Market: Competitive Landscape and Key Vendors
The global FMS market is highly competitive with the vendors competing on the basis of product quality, reliability, cost, and aftermarket service. To be able to sustain and thrive in the market, it is essential for vendors to provide efficient and high-quality FMS systems with latest the technology and materials. The emergence of such advanced FMS systems and the increasing number of M&As will aid in the growth of this market during the forecast period.
The leading vendors in the market are
- Honeywell
- Lufthansa Systems
- Rockwell Collins
- Thales Group
- Universal Avionics
Other prominent vendors identified in the market are BAE Systems, Esterline Technologies, General Electrics (GE) Aviation, Jeppesen, and Navtech.
Flight Management Systems Market: Key Questions Answered in the Report
- What will the market size and the growth rate be of the flight management systems market in 2020?
- What are the key factors driving the global FMS market?
- What are the key market trends impacting the growth of the global FMS market?
- What are the challenges to market growth of the flight management systems market?
- Who are the key vendors in this market space?
- What are the market opportunities and threats faced by the vendors in the global FMS market?
- What are the trending factors influencing the market shares of the flight management systems market in the Americas, APAC, and EMEA?
- What are the key outcomes of the five forces analysis of the global FMS market?
PART 01: Executive summary
- Highlights
PART 02: Scope of the report
- Market overview
- Top-vendor offerings
PART 03: Market research methodology
- Research methodology
- Economic indicators
PART 04: Introduction
- Key market highlights
PART 05: Market landscape
- Market overview
- Market size and forecast
- Five forces analysis
PART 06: Global aerospace and defense supply chain system
PART 07: Global aerospace and defense value chain system
PART 08: Market segmentation by aircraft type
- Market share by aircraft
- Segmentation by narrow-body aircraft
- Segmentation by wide-body aircraft
- Segmentation by regional jet aircraft
- Segmentation by turboprop aircraft
PART 09: Geographical segmentation
- Global FMS market in APAC
- Global FMS market in the Americas
- Global FMS market in EMEA
PART 10: Market drivers
PART 11: Impact of drivers
PART 12: Market challenges
PART 13: Impact of drivers and challenges
PART 14: Market trends
PART 15: Vendor landscape
- Competitive scenario
- Honeywell International
- Lufthansa Systems
- Rockwell Collins
- Thales Group
- Universal Avionics
- Key vendor's recent developments
PART 16: Appendix
- List of abbreviations
PART 17: Explore Technavio
Research Framework
Technavio presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources. The analysts have presented the various facets of the market with a particular focus on identifying the key industry influencers. The data thus presented is comprehensive, reliable, and the result of extensive research, both primary and secondary.
INFORMATION SOURCES
Primary sources
- Manufacturers and suppliers
- Channel partners
- Industry experts
- Strategic decision makers
Secondary sources
- Industry journals and periodicals
- Government data
- Financial reports of key industry players
- Historical data
- Press releases

DATA ANALYSIS
Data Synthesis
- Collation of data
- Estimation of key figures
- Analysis of derived insights
Data Validation
- Triangulation with data models
- Reference against proprietary databases
- Corroboration with industry experts

REPORT WRITING
Qualitative
- Market drivers
- Market challenges
- Market trends
- Five forces analysis
Quantitative
- Market size and forecast
- Market segmentation
- Geographical insights
- Competitive landscape
Key Questions Answered
- What are the key global market and the regional market share?
- What are the revenue-generating key market segments?
- What are the key factors driving and challenging this market’s growth?
- Who are the key market vendors and their growth strategies?
- What are the latest trends influencing the growth of this market?
- What are the variables influencing the market growth in the primary regions?
- What are the factors influencing the growth of the parent market?
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