According to market research study published by Gen Consulting Company, the market size of the global military aircraft avionics sector is expected to rise by USD 10.0 billion with a CAGR of 4.5% by the end of 2028.
The report covers market size and growth, segmentation, regional breakdowns, competitive landscape, trends and strategies for global military aircraft avionics market. It traces the market’s historic and forecast market growth. The report identifies top segments for opportunities and strategies based on market trends and leading competitors’ approaches. This study also provides an analysis of the impact of the COVID-19 crisis on the military aircraft avionics industry.
This industry report offers market estimates and forecasts of the global market, followed by a detailed analysis of the subsystem, aircraft type, and region. The global market for military aircraft avionics can be segmented by subsystem: flight control system, communication system, navigation system, monitoring system, others. The flight control system segment was the largest contributor to the global military aircraft avionics market in 2021. Military aircraft avionics market is further segmented by aircraft type: fixed-wing combat aircraft, fixed-wing non-combat aircraft, helicopter, unmanned aerial vehicle (UAV). According to the research, the unmanned aerial vehicle (UAV) segment had the largest share in the global military aircraft avionics market. Based on region, the military aircraft avionics market is segmented into: North America, Europe, Asia-Pacific, MEA (Middle East and Africa), Latin America. North America held the largest revenue share in 2021.
Market Segmentation
By subsystem: flight control system, communication system, navigation system, monitoring system, others
By aircraft type: fixed-wing combat aircraft, fixed-wing non-combat aircraft, helicopter, unmanned aerial vehicle (UAV)
By region: North America, Europe, Asia-Pacific, MEA (Middle East and Africa), Latin America
The report explores the recent developments and profiles of key vendors in the Global Military Aircraft Avionics Market, including Bae Systems plc, Cobham Limited, Elbit Systems Ltd., Garmin Ltd., Honeywell International, Inc., L3 Harris Technologies Inc., Lockheed Martin Corporation, Moog Inc., Northrop Grumman Corporation, Raytheon Technologies Corporation, Thales Group, among others.
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Historical & Forecast Period
This research report provides analysis for each segment from 2018 to 2028 considering 2021 to be the base year.
Scope of the Report
– To analyze and forecast the market size of the global military aircraft avionics market.
– To classify and forecast the global military aircraft avionics market based on subsystem, aircraft type, region.
– To identify drivers and challenges for the global military aircraft avionics market.
– To examine competitive developments such as mergers & acquisitions, agreements, collaborations and partnerships, etc., in the global military aircraft avionics market.
– To identify and analyze the profile of leading players operating in the global military aircraft avionics market.
Why Choose This Report
– Gain a reliable outlook of the global military aircraft avionics market forecasts from 2022 to 2028 across scenarios.
– Identify growth segments for investment.
– Stay ahead of competitors through company profiles and market data.
– The market estimate for ease of analysis across scenarios in Excel format.
– Strategy consulting and research support for three months.
– Print authentication provided for the single-user license.
| REPORT ATTRIBUTE | DETAILS |
|---|---|
| Base Year | 2021 |
| Forecast Year | 2022-2028 |
| CAGR (2022-2028) | 4.47% |
| Pages | 86 |
| Key Players | Bae Systems plc, Cobham Limited, Elbit Systems Ltd., Garmin Ltd., Honeywell International Inc., L3 Harris Technologies Inc., Lockheed Martin Corporation, Moog Inc., Northrop Grumman Corporation, Raytheon Technologies Corporation, Thales S.A. |
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