Global Helicopter Avionics Market Research Report 2024(Status and Outlook)

Global Helicopter Avionics Market Research Report 2024(Status and Outlook)

Report Overview

The avionic systems include equipment for communication, cockpit display, control and monitoring, and navigation and other electromechanical systems. Avionics systems play a major role in the efficient movement of helicopters. Specifically, they provide pilots with critical data such as aircraft altitude, airstream incidence, and air speed with the help of air data sensors, accelerometers, pilots control stick sensor assembly, rate gyros, and other systems. Additionally, some helicopters are also employing synthetic vision systems (SVS), which allows the pilot to have a clear view even under low-visibility conditions. Similar technological developments like ERAM, H-TWAS, auto ground collision avoidance system (Auto-GCAS) expand aircraft operational capability and enable cost savings.

The global Helicopter Avionics market was valued at USD 3224.44 million in 2021 and is expected to reach USD 4994.44 million by the end of 2028, growing at a CAGR of 6.53% between 2022 and 2028. The growing number of innovations in technology have raised the demand for modern avionics as they offer improved reliability and enhanced functioning. Such advances in technology in avionics are a major driving force for global helicopter avionics market. Another main factor that will likely drive the demand of helicopter avionics is growing need in military. The armed forces of various countries require the use of more advanced helicopter avionics systems to meet the needs of modern warfare. Meanwhile, civil demand of helicopter is also an important driver for the helicopter avionics market. The avionics system ensures that the aircraft flies more safely and efficiently, and its performance directly determines the comprehensive performance of modern civil helicopter. As part of the midstream of the helicopter industry chain, the expansion of the helicopter market is bound to promote helicopter avionics development.

However, the market also faces some challenges, among which is the uncertainty of market demand. There are many factors influencing the needs of the helicopters, and there may be sudden increases in orders or cancellations. Moreover, the quality requirements in the military supply chain system are strict, and the user's inspection and acceptance time for products may be relatively long. All these may result in fluctuations in revenue in different months and different years. These require companies to have keen market insight and quick response capabilities.

There are other factors that will restrain the market growth. First, insufficient testing and validation to guarantee that such systems satisfy all criteria when they are implemented will restrain the market growth. Second, many countries have introduced strict emission standards, rules and operator laws in the industry, which will limit the use of helicopters and inhibit the expansion of the market. Finally, high cost of helicopter avionics will also restrict the market growth.

Segment by Type, the Helicopter Avionics can be split into Flight Control Systems, Communication and Navigation Systems, etc. In 2021, Flight Control Systems had the highest market share at 38.15%, followed by Communication and Navigation Systems (25.72%). In the forecast period of 2022-2028, the market size of Flight Control Systems will continue to be the highest, but slightly decreasing to 37.98% in 2022. Flight Control Systems, Communication and Navigation Systems all experienced a negative growth rate in 2021, but it is predicted that they will have a growth rate at around 6% in 2022.

From the perspective of application scenarios, the global helicopter avionics market can be divided into Civil Helicopter, Military Helicopter. The Civil Helicopter segment currently occupies a higher market share, accounting for 56.11% in 2021. It is expected that the market share of Civil Helicopter will increase slightly to 56.26% in 2022. The market share of military aircraft was 43.89%. It can be seen that civil helicopters do not have a great market advantage.

On the basis of geography, the global helicopter avionics market can be segmented into North America, Europe, Asia Pacific, South America, and Middle East & Africa. The North America region dominates and will continue to lead the market in sales, accounting for 52.35% in 2021. North America has the second largest market share, with a sales market share of 25.47% in 2021. The region's aerospace industry has matured and is strongly supported by a strong aviation base. The helicopter avionics market of North America benefits from the growing demand for helicopters in commercial applications and the defense sector. At the same time, the market in Asia Pacific is expected to grow at a considerable rate in the coming period. This is due to the presence of companies developing helicopter avionics and the increased interest in expanding other related systems in developing countries such as China, India and Japan.

In 2021, according to our calculations, the two indicators used to measure market concentration, CR5 and HHI, will be 42.71% and 3.67% respectively. This shows that the helicopter avionics market is currently concentrated. As a result, it will be difficult for new competitors to enter the market. The key players in the market include L3Harris Technologies, Inc., Collins Aerospace, Honeywell Aerospace, Thales, Garmin, Meggitt, HENSOLDT Avionics, BAE Systems, General Electric, Safran, FLIR Systems, Avidyne Corporation, Universal Avionics (UA), Aspen Avionics, ForeFlight, etc.

This report provides a deep insight into the global Helicopter Avionics market covering all its essential aspects. This ranges from a macro overview of the market to micro details of the market size, competitive landscape, development trend, niche market, key market drivers and challenges, SWOT analysis, value chain analysis, etc.

The analysis helps the reader to shape the competition within the industries and strategies for the competitive environment to enhance the potential profit. Furthermore, it provides a simple framework for evaluating and accessing the position of the business organization. The report structure also focuses on the competitive landscape of the Global Helicopter Avionics Market, this report introduces in detail the market share, market performance, product situation, operation situation, etc. of the main players, which helps the readers in the industry to identify the main competitors and deeply understand the competition pattern of the market.

In a word, this report is a must-read for industry players, investors, researchers, consultants, business strategists, and all those who have any kind of stake or are planning to foray into the Helicopter Avionics market in any manner.

Global Helicopter Avionics Market: Market Segmentation Analysis

The research report includes specific segments by region (country), manufacturers, Type, and Application. Market segmentation creates subsets of a market based on product type, end-user or application, Geographic, and other factors. By understanding the market segments, the decision-maker can leverage this targeting in the product, sales, and marketing strategies. Market segments can power your product development cycles by informing how you create product offerings for different segments.

Key Company

L3Harris Technologies, Inc.

Collins Aerospace

Honeywell Aerospace

Thales

Garmin

Meggitt

HENSOLDT Avionics

BAE Systems

General Electric

Safran

FLIR Systems

Avidyne Corporation

Universal Avionics (UA)

Aspen Avionics

ForeFlight

Market Segmentation (by Type)

Flight Control Systems

Communication & Navigation Systems

Monitoring Systems

Others

Market Segmentation (by Application)

Civil Helicopter

Military Helicopter

Geographic Segmentation

North America (USA, Canada, Mexico)

Europe (Germany, UK, France, Russia, Italy, Rest of Europe)

Asia-Pacific (China, Japan, South Korea, India, Southeast Asia, Rest of Asia-Pacific)

South America (Brazil, Argentina, Columbia, Rest of South America)

The Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria, South Africa, Rest of MEA)

Key Benefits of This Market Research:

Industry drivers, restraints, and opportunities covered in the study

Neutral perspective on the market performance

Recent industry trends and developments

Competitive landscape & strategies of key players

Potential & niche segments and regions exhibiting promising growth covered

Historical, current, and projected market size, in terms of value

In-depth analysis of the Helicopter Avionics Market

Overview of the regional outlook of the Helicopter Avionics Market:

Key Reasons to Buy this Report:

Access to date statistics compiled by our researchers. These provide you with historical and forecast data, which is analyzed to tell you why your market is set to change

This enables you to anticipate market changes to remain ahead of your competitors

You will be able to copy data from the Excel spreadsheet straight into your marketing plans, business presentations, or other strategic documents

The concise analysis, clear graph, and table format will enable you to pinpoint the information you require quickly

Provision of market value (USD Billion) data for each segment and sub-segment

Indicates the region and segment that is expected to witness the fastest growth as well as to dominate the market

Analysis by geography highlighting the consumption of the product/service in the region as well as indicating the factors that are affecting the market within each region

Competitive landscape which incorporates the market ranking of the major players, along with new service/product launches, partnerships, business expansions, and acquisitions in the past five years of companies profiled

Extensive company profiles comprising of company overview, company insights, product benchmarking, and SWOT analysis for the major market players

The current as well as the future market outlook of the industry concerning recent developments which involve growth opportunities and drivers as well as challenges and restraints of both emerging as well as developed regions

Includes in-depth analysis of the market from various perspectives through Porter’s five forces analysis

Provides insight into the market through Value Chain

Market dynamics scenario, along with growth opportunities of the market in the years to come

6-month post-sales analyst support

Chapter Outline

Chapter 1 mainly introduces the statistical scope of the report, market division standards, and market research methods.

Chapter 2 is an executive summary of different market segments (by region, product type, application, etc), including the market size of each market segment, future development potential, and so on. It offers a high-level view of the current state of the Helicopter Avionics Market and its likely evolution in the short to mid-term, and long term.

Chapter 3 makes a detailed analysis of the market's competitive landscape of the market and provides the market share, capacity, output, price, latest development plan, merger, and acquisition information of the main manufacturers in the market.

Chapter 4 is the analysis of the whole market industrial chain, including the upstream and downstream of the industry, as well as Porter's five forces analysis.

Chapter 5 introduces the latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.

Chapter 6 provides the analysis of various market segments according to product types, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.

Chapter 7 provides the analysis of various market segments according to application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.

Chapter 8 provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space, and capacity of each country in the world.

Chapter 9 introduces the basic situation of the main companies in the market in detail, including product sales revenue, sales volume, price, gross profit margin, market share, product introduction, recent development, etc.

Chapter 10 provides a quantitative analysis of the market size and development potential of each region in the next five years.

Chapter 11 provides a quantitative analysis of the market size and development potential of each market segment (product type and application) in the next five years.

Chapter 12 is the main points and conclusions of the report.