Commercial Aircraft Avionic Systems Market 2020-2024 | Development Of Next-generation Aircraft Components to Boost Growth | Technavio

Technavio has been monitoring the commercial aircraft avionic systems market and it is poised to grow by $ 11.97 bn during 2020-2024, progressing at a CAGR of almost 5% during the forecast period. The report offers an up-to-date analysis regarding the current market scenario, latest trends and drivers, and the overall market environment.

This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20200529005032/en/

Technavio has announced its latest market research report titled Global Commercial Aircraft Avionic Systems Market 2020-2024 (Graphic: Business Wire)

Technavio has announced its latest market research report titled Global Commercial Aircraft Avionic Systems Market 2020-2024 (Graphic: Business Wire)

Technavio suggests three forecast scenarios (optimistic, probable, and pessimistic) considering the impact of COVID-19. Please Request Latest Free Sample Report on COVID-19 Impact

The market is concentrated, and the degree of concentration will accelerate during the forecast period. Cobham Plc, Curtiss-Wright Corp., Elbit Systems Ltd., General Electric Co., Honeywell International Inc., L3Harris Technologies Inc., Safran SA, Teledyne Technologies Inc., Thales Group, and United Technologies Corp, are some of the major market participants. Although the development of next-generation aircraft components will offer immense growth opportunities, the risk of malfunction will challenge the growth of the market participants. To make the most of the opportunities, market vendors should focus more on the growth prospects in the fast-growing segments, while maintaining their positions in the slow-growing segments.

The development of next-generation aircraft components has been instrumental in driving the growth of the market. However, the risk of malfunction might hamper market growth.

Commercial Aircraft Avionic Systems Market 2020-2024 : Segmentation

Commercial Aircraft Avionic Systems Market is segmented as below:

■ Application

■ FCS

■ CN&S

■ FMS

■ AHMS

■ Distribution Channel

■ Line Fit

■ Aftermarket

■ Geographic Landscape

■ APAC

■ Europe

■ MEA

■ North America

■ South America

To learn more about the global trends impacting the future of market research, download a free sample: https://www.technavio.com/talk-to-us?report=IRTNTR40049

Commercial Aircraft Avionic Systems Market 2020-2024 : Scope

Technavio presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources. Our commercial aircraft avionic systems market report covers the following areas:

■ Commercial Aircraft Avionic Systems Market size

■ Commercial Aircraft Avionic Systems Market trends

■ Commercial Aircraft Avionic Systems Market industry analysis

This study identifies the development of electric aircraft as one of the prime reasons driving the commercial aircraft avionic systems market growth during the next few years.

Commercial Aircraft Avionic Systems Market 2020-2024 : Vendor Analysis

We provide a detailed analysis of around 25 vendors operating in the commercial aircraft avionic systems market, including some of the vendors such as Cobham Plc, Curtiss-Wright Corp., Elbit Systems Ltd., General Electric Co., Honeywell International Inc., L3Harris Technologies Inc., Safran SA, Teledyne Technologies Inc., Thales Group, and United Technologies Corp. Backed with competitive intelligence and benchmarking, our research reports on the commercial aircraft avionic systems market are designed to provide entry support, customer profile and M&As as well as go-to-market strategy support.

Register for a free trial today and gain instant access to 17,000+ market research reports.

Technavio's SUBSCRIPTION platform

Commercial Aircraft Avionic Systems Market 2020-2024 : Key Highlights

■ CAGR of the market during the forecast period 2020-2024

■ Detailed information on factors that will assist commercial aircraft avionic systems market growth during the next five years

■ Estimation of the commercial aircraft avionic systems market size and its contribution to the parent market

■ Predictions on upcoming trends and changes in consumer behavior

■ The growth of the commercial aircraft avionic systems market

■ Analysis of the market’s competitive landscape and detailed information on vendors

■ Comprehensive details of factors that will challenge the growth of commercial aircraft avionic systems market vendors

Table Of Contents :

PART 01: EXECUTIVE SUMMARY

PART 02: SCOPE OF THE REPORT

■ 2.1 Preface

■ 2.2 Preface

■ 2.3 Currency conversion rates for US$

PART 03: MARKET LANDSCAPE

■ Market ecosystem

■ Market characteristics

■ Value Chain Analysis

■ Market segmentation analysis

PART 04: MARKET SIZING

■ Market definition

■ Market sizing 2019

■ Market size and forecast 2019-2024

PART 05: FIVE FORCES ANALYSIS

■ Bargaining power of buyers

■ Bargaining power of suppliers

■ Threat of new entrants

■ Threat of substitutes

■ Threat of rivalry

■ Market condition

PART 06: MARKET SEGMENTATION BY APPLICATION

■ Market segmentation by application

■ Comparison by application

■ FCS - Market size and forecast 2019-2024

■ CN&S - Market size and forecast 2019-2024

■ FMS - Market size and forecast 2019-2024

■ AHMS - Market size and forecast 2019-2024

■ Market opportunity by application

PART 07: CUSTOMER LANDSCAPE

PART 08: MARKET SEGMENTATION BY DISTRIBUTION CHANNEL

■ Market segmentation by distribution channel

■ Comparison by distribution channel

■ Line fit - Market size and forecast 2019-2024

■ Aftermarket - Market size and forecast 2019-2024

■ Market opportunity by distribution channel

PART 09: GEOGRAPHIC LANDSCAPE

■ Geographic segmentation

■ Geographic comparison

■ North America - Market size and forecast 2019-2024

■ Europe - Market size and forecast 2019-2024

■ APAC - Market size and forecast 2019-2024

■ MEA - Market size and forecast 2019-2024

■ South America - Market size and forecast 2019-2024

■ Key leading countries

■ Market opportunity

PART 10: DECISION FRAMEWORK

PART 11: DRIVERS AND CHALLENGES

■ Market drivers

■ Market challenges

PART 12: MARKET TRENDS

■ Preference for satellite-based cockpit connectivity

■ Development of electric aircraft

■ Emergence of blockchain in aviation

PART 13: VENDOR LANDSCAPE

■ Overview

■ Landscape disruption

■ Competitive scenario

PART 14: VENDOR ANALYSIS

■ Vendors covered

■ Vendor classification

■ Market positioning of vendors

■ Cobham Plc

■ Curtiss-Wright Corp.

■ Elbit Systems Ltd.

■ General Electric Co.

■ Honeywell International Inc.

■ L3Harris Technologies Inc.

■ Safran SA

■ Teledyne Technologies Inc.

■ Thales Group

■ United Technologies Corp.

PART 15: APPENDIX

■ Research methodology

■ List of abbreviations

■ Definition of market positioning of vendors

PART 16: EXPLORE TECHNAVIO

About Us

Technavio is a leading global technology research and advisory company. Their research and analysis focus on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions. With over 500 specialized analysts, Technavio’s report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio’s comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.