Global Commercial Avionics Systems Industry Analysis, Size, Share, Trends and Market Forecast 2015 - 2021

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Avionics systems are electronics that are fitted in an aircraft for streamlining its operational functions. The growth in global air traffic owing to the increasing business and leisure in various countries across the globe is positively influencing the market for commercial avionics systems in the aviation industry. The global market for commercial avionics systems is chiefly driven by increasing need for real time data to improve aircraft’s operational efficiency. Additionally, the increasing expectation of the air passengers for enhanced in-flight services and solutions has boosted the demand for in-flight entertainment (IFE), which in turn is pushing the market for commercial avionics systems forward. Owing to these factors, the market for commercial avionics systems is growing at a significant pace globally. Major avionics initiatives ongoing in the U.S. and European nations are expected to further boost the market during the forecast period and offer new opportunities for the avionics suppliers.

The emerging nations such as China, India, Japan, Singapore, Australia, UAE, Saudi Arabia, South Africa and Brazil are expected to generate further demand in commercial avionics systems market over the forecast period. With increasing investments in the research and development in avionics industry, enhanced products are being launched by the manufacturers to improve the aircraft’s performance, reduce environmental pollution and minimize risks associated with human error during flights. However, the threats of cyber attacks and the economic turmoil in various countries globally is hindering the growth of this market. The impacts of these factors are expected to reduce during the forecast period of 2015 to 2021.

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