Aerospace Avionics Market in North America to surpass USD 29 Bn through 2025

North America aerospace avionics market trends will be empowered with the demand for advanced avionic systems across both commercial and military applications. The manufacturers are bringing in advanced technologies to improve the performance of military fighter jets. These improvements have resulted in the development of customized and innovative avionics technologies.

For example, Rockwell Collins and Elbit Systems, in August 2018, came together to showcase the Gen III Helmet-Mounted Display System (HMDS), which has been exclusively built for the F-35 fighter jets. These factors will supplement the adoption of aerospace avionics systems.

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Aerospace avionics market in North America size is predicted to reach $29 billion in value by 2025. Commercial aviation applications captured a share of over 40% in the regional industry in 2018. The need to replace the existing avionics systems with advanced ones is growing at a notable pace. Moreover, the aviation sector is increasingly demanding aircraft with innovative communication systems.

The Federal Aviation Administration (FAA) has introduced several changes in various policies and regulations to enhance air safety and quality. For example, the FAA had made it mandatory to integrate Automatic Dependent Surveillance-Broadcast (ADS-B) in aircraft that need Mode C transponder by January 1, 2020.

The aging aircraft fleet of the aviation sector in North America will play an important role in driving the incorporation of aerospace avionics infrastructure. The average lifespan of aircraft of major commercial airline operators, including Delta Airlines, Allegiant Air, United Airlines, Southwest Airlines, and several others is around 10 years. The more wear and tear the plane endures, the more the systems become obsolete. Hence the need to upgrade these vehicles will foster the demand for avionics systems.

North America aerospace avionics market size from helicopter applications will record a steady CAGR of more than 3% through 2025. An important factor contributing to this is the rising presence of helicopter leasing companies and private owners. The owners are increasingly demanding convenient and easy-to-operate avionics systems.

This aspect has prompted producers to launch new flight management systems. In January 2020, U.S.-based avionics manufacturer, Avidyne introduced Helios multi-functional Flight Management System (FMS) for helicopters. The main features of this system include one-touch departure, arrival, airway, and easy-to-operate flight planning.

The U.S. held a share of more than 90% of North America aerospace avionics market in 2018 as there is a steady rise in the number of passenger air travels, cargo movements, and aircraft deliveries. The rules and regulations with respect to air safety are constantly being enhanced and there is a strong presence of reputed airline operators in the country. The avionics producers are launching advanced technologies that will be extensively used to enhance the performance of aircraft.

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North America aerospace avionics market value will be positively impacted as the demand for advanced aviation technologies is growing. These technologies are being heavily used by the defense sector to enhance the functioning of military and fighter jets and facilitate a supreme flying experience.

Organizations, including GE Aviation, Boeing, Pratt and Whitney, United Technologies, and Collins Aerospace, among others, are producing innovative avionics technologies. They will be extensively used for commercial aviation, business jet & general aviation, military aviation, and helicopter applications.

Table of Contents (ToC) of the report:

Chapter 1. Methodology & Scope

  • Market scope & definitions
  • Assumptions
  • Research methodology

Chapter 2. Executive Summary

Chapter 3. Aerospace Avionics market Insights

  • Industry segmentation
  • Industry ecosystem analysis
  • Industry impact forces
    • Growth drivers
    • Growth restraints
  • Regulatory overview
  • ’s analysis
  • PESTEL analysis
  • Competitive landscape, 2019

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