Commercial Avionics Systems Market

Transparency Market

Research

Increasing Expectation for Enhanced In-Flight Services

and Solutions has Boosted Commercial Avionics

Systems Market

Published Date

2015-11-24

97 Page Report

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Press Release

Led by North America, Global Commercial Avionics Systems

Market to reach US$29.28 bn by 2021

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Commercial Avionics Systems

Market

REPORT DESCRIPTION

Commercial Avionics Systems Market to Reach US$29.3 bn by 2021, Driven by

Increasing Need for Real-time Data

The global commercial avionics systems market stood at US$23.4 bn in 2014 and is expected to

reach US$29.3 bn by 2021. The growth of advanced commercial avionics systems in North

America is expected to help the global commercial avionics systems market expand at a 3.10%

CAGR during the period from 2015 to 2021.

Browse the full Commercial Avionics Systems Market report at:

http://www.transparencymarketresearch.com/commercial-avionics-systemsmarket.html

Avionics systems primarily are fitted in aircraft to streamline their operational functions. The

growing need to have real-time data in place to improve the operational efficiency of aircraft is

the primary factor boosting the global commercial avionics systems market. Growing

expectations of the passengers to avail enhanced in-flight entertainment services are expected

to boost the development of the global commercial avionics systems market in the coming few

years. Additionally, increased investment in advanced research and development technologies

and launch of enhanced commercial avionics systems and products is predicted to further propel

the global commercial avionics systems market.

Asia Pacific to Register Maximum Demand for Commercial Avionics Systems

The global commercial avionics systems market is segmented on the basis of aircraft type,

system, and...