Avionics Market Growing at a Rapid Pace by 2030 | Trends and Future Forecasting

A category of electrical devices and systems referred to as avionics are those created especially for use in aviation.

VANCOUVER, BRITISH COLUMBIA, CANADA, March 7, 2025 /EINPresswire.com/ -- Emergen Research's latest market research report, titled Global Avionics Market, provides estimated market size and shares, latest industry trends, global market growth rates, key drivers and opportunities, constraints, product segmentation, and major market players. Cost structure, market size, competitive landscape, product portfolio and specifications, and company profiles.

This report is a fair prototype of the Avionics industry containing an in-depth study of the global Avionics market. This report serves as a valuable source of data and information related to this industry. It covers various industry aspects with a particular focus on market scope and application areas. The report identifies the fundamental business strategies adopted by industry experts and offers an insightful study on the value chains and distribution channels of the global market. The report authors have also analyzed current industry trends, growth potential, current overview, and market limitations.

The global avionics market, valued at USD XX million in 2021, is projected to grow at a steady revenue CAGR of XX% during the forecast period. This growth is fueled by increasing air passenger traffic, rising demand for advanced navigation and communication systems, and the integration of artificial intelligence (AI) and automation in aviation technologies. Avionics systems are essential for commercial, military, and general aviation, supporting aircraft operations in navigation, communication, flight control, and system monitoring. The growing focus on aircraft safety and efficiency, alongside advancements in avionics software, is further driving demand for innovative avionics solutions.

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Market Drivers and Growth Factors The increasing adoption of next-generation flight management systems, satellite-based navigation, and glass cockpits is driving demand for avionics systems. Additionally, the surge in demand for unmanned aerial vehicles (UAVs) and electric aircraft is creating new opportunities in the avionics sector. The expansion of commercial air travel and the modernization of military aircraft fleets globally are also expected to fuel market growth. According to the International Air Transport Association (IATA), air passenger traffic is projected to double over the next two decades, necessitating continuous advancements in avionics systems.

Challenges in the Avionics Market Despite strong growth, the market faces challenges such as high costs of avionics upgrades and maintenance, stringent regulatory requirements, and cybersecurity threats. The complexity of integrating new avionics systems into existing aircraft fleets also poses challenges for manufacturers. Additionally, supply chain disruptions and a shortage of skilled aviation engineers may hinder market expansion in some regions.

Market Segmentation Insights The market is segmented based on system type, platform, end-user, and region.

System Type: Flight management systems are expected to dominate the market due to their critical role in aircraft operation, efficiency, and safety. Navigation and surveillance systems also hold a significant share, driven by increasing demand for real-time air traffic management.
Platform: Commercial aviation is anticipated to witness the highest growth, attributed to rising air travel and fleet expansion. The military aviation segment is also growing steadily due to defense modernization programs.
End-User: Original Equipment Manufacturers (OEMs) are expected to generate significant revenue, given the rising production of new aircraft. Meanwhile, the aftermarket segment is seeing strong demand for avionics upgrades and retrofitting services.
The global avionics market is poised for robust growth due to increasing aircraft production and advancements in aviation technologies. However, industry players must address challenges such as regulatory constraints and cybersecurity risks to ensure sustained market expansion. With growing investments in aircraft digitalization and AI-driven avionics solutions, the demand for modern avionics systems is expected to rise steadily in the coming years.

Competitive Terrain: The global Avionics industry is highly consolidated, owing to the presence of renowned companies operating across several international and local segments of the market. These players dominate the industry in terms of their strong geographical reach and a large number of production facilities. The companies are intensely competitive against one another and excel in their individual technological capabilities, as well as product development, innovation, and product pricing strategies.

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Some major companies included in the avionics market report are:

Honeywell International Inc.
Thales Group
Garmin Ltd.
Collins Aerospace (Raytheon Technologies)
L3Harris Technologies, Inc.
BAE Systems
Safran
GE Aviation
Curtiss-Wright Corporation
Meggitt PLC
Cobham Limited
Universal Avionics Systems Corporation
Aspen Avionics, Inc.
Avidyne Corporation
Esterline Technologies Corporation
Leonardo S.p.A.

The report covers key points of the market, including the standards, regulations, and policy changes applied by the government on the industry for the coming years. The report encompasses thorough research carried out by the application of advanced analytical tools such as SWOT analysis and Porter’s Five Forces analysis to pinpoint the growth trends and patterns. Factors likely to influence the growth of the market, current trends, opportunities, restraining factors, and business landscape are discussed in-depth in the market study.

For the purpose of this report, Emergen Research has segmented the avionics market based on system type, platform, end-user, and region:

System Type Outlook (Revenue, USD Million; 2019–2030)
Flight Management Systems
Navigation Systems
Communication Systems
Surveillance Systems
Flight Control Systems
Electrical & Emergency Systems
Others

Platform Outlook (Revenue, USD Million; 2019–2030)
Commercial Aviation
Military Aviation
General Aviation
Unmanned Aerial Vehicles (UAVs)

End-User Outlook (Revenue, USD Million; 2019–2030)
Original Equipment Manufacturers (OEMs)
Aftermarket

Regional Outlook:
North America (the U.S., Canada, Mexico)
Europe (the U.K., Germany, France, Italy)
Asia Pacific (India, China, Japan, Korea)
Latin America (Brazil, Argentina, Ecuador, Chile)
Middle East & Africa (Egypt, Turkey, Saudi Arabia, Iran)

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Key reasons to buy the Global Avionics Market report:

The latest report comprehensively studies the global Avionics market size and provides useful inference on numerous aspects of the market, such as the current business trends, market share, product offerings, and product share.
The report offers an insightful analysis of the regional outlook of the market.
It offers a detailed account of the end-use applications of the products & services offered by this industry.
The report holistically covers the latest developments taking place in this industry. Therefore, it lists the most effective business strategies implemented by the market rivals for ideal business expansion.
Thank you for reading our report. For further details or to inquire about customization, please let us know and we will offer you the report as per your needs.

Eric Lee
Emergen Research
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sales@emergenresearch.com
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