Sep 12, 2018   SOURCE: BusinessWire

The Global Military Aircraft Avionics Market (2018-2023): The Rapid Rate of Technological Advancement is Fueling Growth - ResearchAndMarkets.com

The "Global Military Aircraft Avionics Market - Global, Trends, Forecast, and Analysis (2018 - 2023)" report has been added to ResearchAndMarkets.com's offering.

Increased Investment in Military Aircraft Avionics Industry

One of the key factors boosting the growing demand for military avionics systems is the rapid rate of technological advancement in the Aviation industry. The major vendors in the market should keep track of dynamics and changing demands to maintain their market share and remain competitive.

The US government is developing new fighter jets in collaboration with few other countries but its market share will reduce significantly as it will mostly be taken up by the Asia-Pacific region's aircraft demand. The US Department of Defence has been investing large sums of money to improve and upgrade its fleet of military aircraft with modern aircraft avionic systems and new components.

The US Navy agreed upon a USD 12.3 million contract with BAE Systems Electronic Systems segment in Greenlawn, N.Y., to build 265 conformal-controlled reception pattern antenna (C-CRPA) units, for different versions of the Navy's F/A-18 carrier-based combat jet.
The US Navy avionics experts are enquiring designers at BAE Systems Inc., to provide special anti-jam conformal aircraft antennas, to ensure that F/A-18 combat jet pilots have regular access to Global Positioning System (GPS) satellite navigation signals, even in the presence of electronic warfare (EW) jamming, and interference.

Major Developments in the Market

  • Rockwell Collins to supply updated avionics for Coast Guard MH-65 Helicopters to the US Coast Guard.
  • GE Aviation received approval for its flight management system for the Boeing KC-46, tanker program.
Companies Profiled
  • Aspen Technology
  • Rockwell Collins
  • L3 Communications
  • BAE Systems
  • Integrated Dynamics
  • Moog Inc.
  • Garmin
  • Genesys Aero Systems
  • Sandia Aerospace
  • Latitude Technologies
  • Appareo Systems
  • Shadin Avionics
  • VT Systems
  • Boeing Co.
  • Honeywell International
  • Lockheed Martin
  • Cobham PLC
  • Alto Aviation

Key Topics Covered

1. Introduction

2. Research Methodology

3. Market Insights

4. Market Overview & Technology Trends

5. Market Dynamics

6. The Avionics Market

7. Military Aircraft Avionics Market, Segmentation by Type

8. Military Aircraft Avionics Market, Segmentation by Region

9. Company Profiles

10. Investment Analysis

11. Future of the Avionics Market

For more information about this report visit https://www.researchandmarkets.com/research/zns8ws/the_global?w=4