Overview of the global military aircraft avionics market
The global military aircraft avionics market is anticipated to grow at a steady rate and will post a CAGR of more than 3% during the forecast period. The increasing demand for the installation of SVS (synthetic vision system) in aircraft will drive the growth prospects for the global military aircraft avionics market during the forecast period. SVS in aircraft is used to overcome the issues associated with limited outside visibility for the pilot. Prior the development of SVS, a number of imaging sensors have been used to enhance the visibility for the pilot. These sensors consisted of both active or passive sensors that were used to penetrate weather phenomena such as fog, darkness, rain, haze, and snow. Generally, under foggy weather conditions and heavy precipitation, the infrared sensors and high-frequency radars do not perform properly. As a result, SVS were developed as it helped the pilots to fly safer with increased positional awareness regardless of the weather conditions. The various elements of SVS include enhanced intuitive view, hazard detection and display, integrity monitoring and alerting, and precision navigation guidance.
The increasing research work in green avionics will further drive the prospects for market growth during the estimated period. It includes research on lead-free products that vendors of the global military aircraft avionics market will have to switch to in the near future. Lead products are highly toxic in nature and are used for coating and soldering of the electronic components in an aircraft. To replace the use of toxic lead materials, lead-free products must be developed even though their production is expensive.
What's your takeaway?
Technavio's industry research report titled, - Global military aircraft avionics market, will help you-
- Identify latent opportunities and explorative solutions in the military aircraft avionics market
- Identify your key competition, and what's making them tick?
- Help you build a comprehensive marketing plan, all permutations and combinations inclusive
Next step: Download FREE sample report | Talk to us
Competitive landscape and key vendors
The vendors in the market experience strong competition in terms of cost, product quality, reliability, and market share. To sustain themselves in the market, vendors have to develop cost-effective and high-quality military aircraft avionic systems. The major vendors in the market should keep track of market dynamics and changing demands to maintain their market share and competitiveness.
Key vendors in this market are -
- Avidyne
- GE
- Honeywell Aerospace
- Rockwell Collins
- Thales
Other prominent vendors in the market include Aspen Avionics, Curtiss-Wright, Elbit Systems, ENSCO Avionics, ForeFlight, Hilton Software, L-3 Avionic systems, Sagetech, and Xavion.
Segmentation by application and analysis of the military aircraft avionics market
- Monitoring systems
- Flight control systems
- Communication and navigation systems
Flight control systems segment accounts for the maximum market share during 2016 and will continue to dominate the market during the forecast period. Automatic flight control systems (AFCSs) are equipped with sensors that monitor internal conditions (engine controls, total load, and flight speed) as well as external conditions (airspeed, altitude, and navigational information) of a helicopter. They assist in efficient and safer landing operations and prevent any unauthorized pilot or potential hijacker from controlling the aircraft.
Segmentation by geography and analysis of the military aircraft avionics market
In terms of geography, the Americas is the largest market for military avionics during 2016 and will continue its market dominance until the end of 2020. The US Department of Defense has been investing large sums of money to modernize and upgrade its fleet of military aircraft with modern aircraft systems and components. New fighter jets are being developed by the government of the US in collaboration with few other countries in this region.
Key questions answered in the report include
- What will the market size and the growth rate be in 2021?
- What are the key factors driving the global military aircraft avionics market?
- What are the key market trends impacting the growth of the global military aircraft avionics market?
- What are the challenges to market growth?
- Who are the key vendors in the global military aircraft avionics market?
- What are the market opportunities and threats faced by the vendors in the global military aircraft avionics market?
- What are the trending factors influencing the market shares of the Americas, APAC, and EMEA?
- What are the key outcomes of the five forces analysis of the global military aircraft avionics market?
Technavio also offers customization on reports based on specific client requirement.
Related reports:
Table of Contents
PART 01: Executive summary
PART 02: Scope of the report
- Market overview
- Top-vendor offerings
PART 03: Market research methodology
- Research methodology
- Economic indicators
PART 04: Introduction
PART 05: Market landscape
- Market overview
- Market size and forecast
- Five forces analysis
PART 06: Market segmentation by application
- Global military aircraft avionics market by flight control systems
- Global military aircraft avionics market by communication and navigation systems
- Global military aircraft avionics market by monitoring systems
PART 07: Geographical segmentation
- Military aircraft avionics market in Americas
- Military aircraft avionics market in EMEA
- Military aircraft avionics market in APAC
PART 08: Market drivers
- High demand for SVS
- MRO programs of aircraft
- Greater focus on flight safety
PART 09: Impact of drivers
PART 10: Market challenges
- Challenges with retrofitting
- Engineering challenges with SBC computing capability
- Process interference
PART 11: Impact of drivers and challenges
PART 12: Market trends
- SWaP avionic systems
- Integrated modular avionics
- Green avionics
PART 13: Vendor landscape
- Competitive scenario
- Major market vendors
- Avidyne
- GE
- Honeywell Aerospace
- Rockwell Collins
- Thales Group
- Other prominent vendors
PART 14: Appendix
PART 15: 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