Global Flight Navigation System Market 2015-2019

Published: Nov 2015 Pages: 63 SKU: IRTNTR7770

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

  • Altimeter
  • Sensors
  • Autopilot

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

  • APAC
  • Americas
  • EMEA

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

  • Honeywell         
  • Moog   
  • Northrop Grumman      
  • Raytheon           
  • 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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Related reports

This is preliminary content. The table of contents is subject to change.

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 size and forecast
  • Five forces analysis

PART 06: Market segmentation by product

PART 07: Geographical segmentation

PART 08: Market drivers

PART 09: Impact of drivers

PART 10: Market challenges

PART 11: Impact of drivers and challenges

PART 12: Market trends

PART 13: Vendor landscape

  • Competitive landscape
  • Other prominent vendors

PART 14: Key vendor analysis

PART 15: Appendix

  • List of abbreviation

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

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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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