Commercial Aircraft Avionic Systems Market- Roadmap for Recovery from COVID-19 | Development of Electric Aircraft to Boost the Market Growth | Technavio

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Commercial Aircraft Avionic Systems Market- Roadmap for Recovery from COVID-19 | Development of Electric Aircraft to Boost the Market Growth | Technavio

LONDON–()–Technavio has been monitoring the commercial aircraft avionic systems market and it is poised to grow by USD 11.97 bn during 2020-2024, progressing at a CAGR of almost 5% during the forecast period. The report offers an up-to-date analysis regarding the current market scenario, latest trends and drivers, and the overall market environment.

Although the COVID-19 pandemic continues to transform the growth of various industries, the immediate impact of the outbreak is varied. While a few industries will register a drop in demand, numerous others will continue to remain unscathed and show promising growth opportunities. Technavio’s in-depth research has all your needs covered as our research reports include all foreseeable market scenarios, including pre- & post-COVID-19 analysis. Download a Free Sample Report on COVID-19 Impacts

Frequently Asked Questions:

What are the major trends in the market?

The adoption of advanced next-generation aircraft components is a major trend driving the growth of the market.

At what rate is the market projected to grow?

The year-over-year growth for 2020 is estimated at 4.78% and the incremental growth of the market is anticipated to be $ 11.97 bn.

Who are the top players in the market?

Cobham Plc, Curtiss-Wright Corp., Elbit Systems Ltd., General Electric Co., Honeywell International Inc., L3Harris Technologies Inc., Safran SA, Teledyne Technologies Inc., Thales Group, and United Technologies Corp, are some of the major market participants.

What are the key market drivers and challenges?

The development of electric aircraft will offer immense is one of the major factors driving the market.

How big is the North America market?

The North America region will contribute 33% of the market share.

 

The market is concentrated, and the degree of concentration will accelerate during the forecast period. Cobham Plc, Curtiss-Wright Corp., Elbit Systems Ltd., General Electric Co., Honeywell International Inc., L3Harris Technologies Inc., Safran SA, Teledyne Technologies Inc., Thales Group, and United Technologies Corp. are some of the major market participants. The development of electric aircraft will offer immense growth opportunities. To make most of the opportunities, market vendors should focus more on the growth prospects in the fast-growing segments, while maintaining their positions in the slow-growing segments.

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Technavio’s custom research reports offer detailed insights on the impact of COVID-19 at an industry level, a regional level, and subsequent supply chain operations. This customized report will also help clients keep up with new product launches in direct & indirect COVID-19 related markets, upcoming vaccines and pipeline analysis, and significant developments in vendor operations and government regulations.

Commercial Aircraft Avionic Systems Market 2020-2024: Segmentation

Commercial Aircraft Avionic Systems Market is segmented as below:

Application

Distribution channel

Geographic Landscape

APAC

Europe

MEA

North America

South America

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Commercial Aircraft Avionic Systems Market 2020-2024: Scope

Technavio presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources. The commercial aircraft avionic systems market report covers the following areas:

Commercial Aircraft Avionic Systems Market Size

Commercial Aircraft Avionic Systems Market Trends

Commercial Aircraft Avionic Systems Market Industry Analysis

This study identifies the adoption of advanced next-generation aircraft components as one of the prime reasons driving the commercial aircraft avionic systems market growth during the next few years.

Technavio suggests three forecast scenarios (optimistic, probable, and pessimistic) considering the impact of COVID-19. Technavio’s in-depth research has direct and indirect COVID-19 impacted market research reports.

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Commercial Aircraft Avionic Systems Market 2020-2024: Key Highlights

CAGR of the market during the forecast period 2020-2024

Detailed information on factors that will assist commercial aircraft avionic systems market growth during the next five years

Estimation of the commercial aircraft avionic systems market size and its contribution to the parent market

Predictions on upcoming trends and changes in consumer behavior

The growth of the commercial aircraft avionic systems market

Analysis of the market’s competitive landscape and detailed information on vendors

Comprehensive details of factors that will challenge the growth of commercial aircraft avionic systems market vendors

Table of Contents:

PART 01: EXECUTIVE SUMMARY

PART 02: SCOPE OF THE REPORT

Preface

Currency conversion rates for US$

PART 03: MARKET LANDSCAPE

Market ecosystem

Market characteristics

Value Chain Analysis

Market segmentation analysis

PART 04: MARKET SIZING

Market definition

Market sizing 2019

Market size and forecast 2019-2024

PART 05: FIVE FORCES ANALYSIS

Bargaining power of buyers

Bargaining power of suppliers

Threat of new entrants

Threat of substitutes

Threat of rivalry

Market condition

PART 06: MARKET SEGMENTATION BY APPLICATION

Market segmentation by application

Comparison by application

FCS – Market size and forecast 2019-2024

CN&S – Market size and forecast 2019-2024

FMS – Market size and forecast 2019-2024

AHMS – Market size and forecast 2019-2024

Market opportunity by application

PART 07: CUSTOMER LANDSCAPE

PART 08: MARKET SEGMENTATION BY DISTRIBUTION CHANNEL

Market segmentation by distribution channel

Comparison by distribution channel

Line fit – Market size and forecast 2019-2024

Aftermarket – Market size and forecast 2019-2024

Market opportunity by distribution channel

PART 09: GEOGRAPHIC LANDSCAPE

Geographic segmentation

Geographic comparison

North America – Market size and forecast 2019-2024

Europe – Market size and forecast 2019-2024

APAC – Market size and forecast 2019-2024

MEA – Market size and forecast 2019-2024

South America – Market size and forecast 2019-2024

Key leading countries

Market opportunity

PART 10: DECISION FRAMEWORK

PART 11: DRIVERS AND CHALLENGES

Market drivers

Market challenges

PART 12: MARKET TRENDS

Preference for satellite-based cockpit connectivity

Development of electric aircraft

Emergence of blockchain in aviation

PART 13: VENDOR LANDSCAPE

Overview

Landscape disruption

Competitive scenario

PART 14: VENDOR ANALYSIS

Vendors covered

Vendor classification

Market positioning of vendors

Cobham Plc

Curtiss-Wright Corp.

Elbit Systems Ltd.

General Electric Co.

Honeywell International Inc.

L3Harris Technologies Inc.

Safran SA

Teledyne Technologies Inc.

Thales Group

United Technologies Corp.

PART 15: APPENDIX

Research methodology

List of abbreviations

Definition of market positioning of vendors

PART 16: EXPLORE TECHNAVIO

About Us

Technavio is a leading global technology research and advisory company. Their research and analysis focuses on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions. With over 500 specialized analysts, Technavio’s report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio’s comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.


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