Avionics Market Size, Share & Trends Analysis Report By System (Navigation Systems, Communication, Flight Management), By Component (Hardware, Software), By Platform, By Region, And Segment Forecasts, 2024 - 2030
Avionics Market Size & Trends
The global avionics market size was estimated at USD 44.68 billion in 2023 and is expected to grow at a CAGR of 9.7% from 2024 to 2030. The market growth can be attributed to increased demand for connected and economical aircraft systems. The rising global demand for domestic and international air travel across developing countries has increased orders for new commercial aircraft. This demand fuels the need for advanced avionics systems that ensure compliance with stringent safety regulations and enhance passenger experience. Airlines are investing in modernizing their fleets with updated and innovative avionics to remain competitive, improve fuel efficiency, and reduce operational costs. Thus, the expansion of the commercial aviation sector significantly boosts the market growth.
Moreover, the ongoing advancements in avionics technology, including integrating touchscreen interfaces, next-generation flight management systems, and advanced connectivity solutions, are significant growth drivers. These upgrades enhance aircraft operations' safety, efficiency, and performance, compelling both commercial and military sectors to update their avionics systems. This constant evolution and upgrade in technology attract airline companies to upgrade their fleets, driving market growth.
Stringent regulatory standards and safety requirements imposed by aviation authorities like the FAA (Federal Aviation Administration) and EASA (European Union Aviation Safety Agency) drive the demand for advanced avionics. These regulations mandate adopting cutting-edge avionics systems to ensure safety, reliability, and compliance. For instance, mandates such as ADS-B (Automatic Dependent Surveillance-Broadcast) equipage for enhanced air traffic management compel airlines and aircraft manufacturers to upgrade their avionics. This regulatory pressure accelerates the adoption of new technologies, contributing to market growth.
In addition, with growing geopolitical tensions globally, defense spending has significantly increased, particularly in upgrading and expanding military aircraft capabilities. This investment in enhanced avionics systems for surveillance, communication, and combat missions is a significant driver for the market. It signifies a shift towards implementing the latest and upgraded avionics that provide a strategic advantage, thereby boosting market growth.
Furthermore, the growing adoption of unmanned aerial vehicles (UAVs) for various applications, including surveillance, reconnaissance, and commercial uses, is a considerable growth driver for the market. UAVs require advanced avionics for navigation, control, and communication to perform their missions effectively. The increasing utilization of UAVs in sectors like agriculture, logistics, and defense stimulates demand for specialized avionics systems, fostering market expansion. The rapid development and deployment of UAV technology are expected to contribute to the continued market growth in the coming years.
Global Avionics Market Report Segmentation
This report forecasts and estimates revenue growth at the global, regional, and country levels and provides an analyzes of the latest industry trends and opportunities in each of the sub-segments from 2018 to 2030. For this study, Grand View Research has further segmented the global avionics market report based on system, component, platform, and region:
- System Outlook (Revenue, USD Million, 2018 - 2030)
- Navigation Systems
- Communication
- Flight Management
- Traffic and Collision Management
- Weather
- Others
- Component Outlook (Revenue, USD Million, 2018 - 2030)
- Hardware
- Software
- Platform Outlook (Revenue, USD Million, 2018 - 2030)
- Commercial Aviation
- Military Aviation
- Business and General Aviation
- Regional Outlook (Revenue, USD Million, 2018 - 2030)
- North America
- U.S.
- Canada
- Mexico
- Europe
- Germany
- UK
- France
- Italy
- Asia Pacific
- Japan
- China
- India
- Australia
- South Korea
- Latin America
- Brazil
- Middle East and Africa (MEA)
- UAE
- Saudi Arabia
- South Africa
- Chapter 1. Methodology and Scope
- 1.1. Market Segmentation & Scope
- 1.2. Segment Definitions
- 1.2.1. Technology
- 1.2.2. Sample
- 1.2.3. End Use
- 1.2.4. Regional scope
- 1.2.5. Estimates and forecasts timeline.
- 1.3. Research Methodology
- 1.4. Information Procurement
- 1.4.1. Purchased database
- 1.4.2. GVR’s internal database
- 1.4.3. Secondary sources
- 1.4.4. Primary research
- 1.4.5. Details of primary research
- 1.5. Information or Data Analysis
- 1.5.1. Data analysis models
- 1.6. Market Formulation & Validation
- 1.7. Model Details
- 1.7.1. Commodity flow analysis (Model 1)
- 1.7.2. Approach 1: Commodity flow approach
- 1.7.3. Volume price analysis (Model 2)
- 1.7.4. Approach 2: Volume price analysis
- 1.8. List of Secondary Sources
- 1.9. List of Primary Sources
- 1.10. Objectives
- Chapter 2. Executive Summary
- 2.1. Market Outlook
- 2.2. Segment Outlook
- 2.2.1. Technology outlook
- 2.2.2. Sample outlook
- 2.2.3. End Use outlook
- 2.2.4. Regional outlook
- 2.3. Competitive Insights
- Chapter 3. Flow Imaging Microscopy Market Variables, Trends & Scope
- 3.1. Market Lineage Outlook
- 3.1.1. Parent market outlook
- 3.1.2. Related/ancillary market outlook.
- 3.2. Market Dynamics
- 3.2.1. Market driver analysis
- 3.2.1.1. Increased investments in pharmaceutical research
- 3.2.1.2. Regulatory guidelines for Technology quality
- 3.2.1.3. Technological advancements
- 3.2.2. Market restraint analysis
- 3.2.2.1. Technological limitations
- 3.3. Flow Imaging Microscopy Market Analysis Tools
- 3.3.1. Industry Analysis – Porter’s Five Forces Analysis
- 3.3.2. PESTEL Analysis
- Chapter 4. Flow Imaging Microscopy Market: Technology Estimates & Trend Analysis
- 4.1. Technology Market Share, 2023 & 2030
- 4.2. Segment Dashboard
- 4.3. Global Flow Imaging Microscopy Market by Technology Outlook
- 4.4. Market Size & Forecasts and Trend Analyses, 2018 to 2030 for the following
- 4.4.1. Dynamic image analysis
- 4.4.1.1. Dynamic image analysis market estimates and forecasts 2018 to 2030 (USD Million)
- 4.4.2. Static Image Analysis
- 4.4.2.1. Static image analysis market estimates and forecasts 2018 to 2030 (USD Million)
- 4.4.3. Combination System
- 4.4.3.1. Combination System market estimates and forecasts 2018 to 2030 (USD Million)
- Chapter 5. Flow Imaging Microscopy Market: Sample Estimates & Trend Analysis
- 5.1. Global Flow Imaging Microscopy Market: Sample Dashboard
- 5.2. Global Flow Imaging Microscopy Market: Sample Movement Analysis
- 5.3. Global Flow Imaging Microscopy Market by Treatment, Revenue
- 5.4. Large Molecule
- 5.4.1. Large Molecule market estimates and forecasts 2018 to 2030 (USD Million)
- 5.5. Small Molecule
- 5.5.1. Small Molecule market estimates and forecasts 2018 to 2030 (USD Million)
- 5.6. Liquid Sample
- 5.6.1. Liquid Sample market estimates and forecasts 2018 to 2030 (USD Million)
- 5.7. Other Samples
- 5.7.1. Other Samples market estimates and forecasts 2018 to 2030 (USD Million)
- Chapter 6. Flow Imaging Microscopy Market: End Use Estimates & Trend Analysis
- 6.1. End Use Market Share, 2023 & 2030
- 6.2. Segment Dashboard
- 6.3. Global Flow Imaging Microscopy Market by End Use Outlook
- 6.4. Market Size & Forecasts and Trend Analyses, 2018 to 2030 for the following
- 6.4.1. Biotechnology and Life Science
- 6.4.1.1. Biotechnology and life science market estimates and forecasts 2018 to 2030 (USD Million)
- 6.4.2. Pharmaceutical
- 6.4.2.1. Pharmaceutical market estimates and forecasts 2018 to 2030 (USD Million)
- 6.4.3. Material Science
- 6.4.3.1. Material Science market estimates and forecasts 2018 to 2030 (USD Million)
- 6.4.4. Environmental
- 6.4.4.1. Environmental market estimates and forecasts 2018 to 2030 (USD Million)
- 6.4.5. Food and Beverage
- 6.4.5.1. Food and Beverage market estimates and forecasts 2018 to 2030 (USD Million)
- 6.4.6. Cosmetics and Personal Care
- 6.4.6.1. Cosmetics and Personal Care market estimates and forecasts 2018 to 2030 (USD Million)
- Chapter 7. Flow Imaging Microscopy Market: Regional Estimates & Trend Analysis
- 7.1. Regional Market Share Analysis, 2023 & 2030
- 7.2. Regional Market Dashboard
- 7.3. Global Regional Market Snapshot
- 7.4. Market Size, & Forecasts Trend Analysis, 2018 to 2030:
- 7.5. North America
- 7.5.1. North America
- 7.5.2. U.S.
- 7.5.2.1. Key country dynamics
- 7.5.2.2. Regulatory framework
- 7.5.2.3. Competitive scenario
- 7.5.2.4. U.S. market estimates and forecasts 2018 to 2030 (USD Million)
- 7.5.3. Canada
- 7.5.3.1. Key country dynamics
- 7.5.3.2. Regulatory framework
- 7.5.3.3. Competitive scenario
- 7.5.3.4. Canada market estimates and forecasts 2018 to 2030 (USD Million)
- 7.5.4. Mexico
- 7.5.4.1. Key country dynamics
- 7.5.4.2. Regulatory framework
- 7.5.4.3. Competitive scenario
- 7.5.4.4. Mexico market estimates and forecasts 2018 to 2030 (USD Million)
- 7.6. Europe
- 7.6.1. Europe
- 7.6.2. UK
- 7.6.2.1. Key country dynamics
- 7.6.2.2. Regulatory framework/ Reimbursement
- 7.6.2.3. Competitive scenario
- 7.6.2.4. UK market estimates and forecasts 2018 to 2030 (USD Million)
- 7.6.3. Germany
- 7.6.3.1. Key country dynamics
- 7.6.3.2. Regulatory framework/ Reimbursement
- 7.6.3.3. Competitive scenario
- 7.6.3.4. Germany market estimates and forecasts 2018 to 2030 (USD Million)
- 7.6.4. France
- 7.6.4.1. Key country dynamics
- 7.6.4.2. Regulatory framework/ Reimbursement
- 7.6.4.3. Competitive scenario
- 7.6.4.4. France market estimates and forecasts 2018 to 2030 (USD Million)
- 7.6.5. Italy
- 7.6.5.1. Key country dynamics
- 7.6.5.2. Regulatory framework/ Reimbursement
- 7.6.5.3. Competitive scenario
- 7.6.5.4. Italy market estimates and forecasts 2018 to 2030 (USD Million)
- 7.6.6. Spain
- 7.6.6.1. Key country dynamics
- 7.6.6.2. Regulatory framework
- 7.6.6.3. Competitive scenario
- 7.6.6.4. Spain market estimates and forecasts 2018 to 2030 (USD Million)
- 7.6.7. Denmark
- 7.6.7.1. Key country dynamics
- 7.6.7.2. Regulatory framework/ Reimbursement
- 7.6.7.3. Competitive scenario
- 7.6.7.4. Denmark market estimates and forecasts 2018 to 2030 (USD Million)
- 7.6.8. Sweden
- 7.6.8.1. Key country dynamics
- 7.6.8.2. Regulatory framework
- 7.6.8.3. Competitive scenario
- 7.6.8.4. Sweden market estimates and forecasts 2018 to 2030 (USD Million)
- 7.6.9. Norway
- 7.6.9.1. Key country dynamics
- 7.6.9.2. Regulatory framework
- 7.6.9.3. Competitive scenario
- 7.6.9.4. Norway market estimates and forecasts 2018 to 2030 (USD Million)
- 7.7. Asia Pacific
- 7.7.1. Asia Pacific
- 7.7.2. Japan
- 7.7.2.1. Key country dynamics
- 7.7.2.2. Regulatory framework/ Reimbursement
- 7.7.2.3. Competitive scenario
- 7.7.2.4. Japan market estimates and forecasts 2018 to 2030 (USD Million)
- 7.7.3. China
- 7.7.3.1. Key country dynamics
- 7.7.3.2. Regulatory framework/ Reimbursement
- 7.7.3.3. Competitive scenario
- 7.7.3.4. China market estimates and forecasts 2018 to 2030 (USD Million)
- 7.7.4. India
- 7.7.4.1. Key country dynamics
- 7.7.4.2. Regulatory framework/ Reimbursement
- 7.7.4.3. Competitive scenario
- 7.7.4.4. India market estimates and forecasts 2018 to 2030 (USD Million)
- 7.7.5. Australia
- 7.7.5.1. Key country dynamics
- 7.7.5.2. Regulatory framework/ Reimbursement
- 7.7.5.3. Competitive scenario
- 7.7.5.4. Australia market estimates and forecasts 2018 to 2030 (USD Million)
- 7.7.6. South Korea
- 7.7.6.1. Key country dynamics
- 7.7.6.2. Regulatory framework/ Reimbursement
- 7.7.6.3. Competitive scenario
- 7.7.6.4. South Korea market estimates and forecasts 2018 to 2030 (USD Million)
- 7.7.7. Thailand
- 7.7.7.1. Key country dynamics
- 7.7.7.2. Regulatory framework/ Reimbursement
- 7.7.7.3. Competitive scenario
- 7.7.7.4. Thailand market estimates and forecasts 2018 to 2030 (USD Million)
- 7.8. Latin America
- 7.8.1. Latin America
- 7.8.2. Brazil
- 7.8.2.1. Key country dynamics
- 7.8.2.2. Regulatory framework
- 7.8.2.3. Competitive scenario
- 7.8.2.4. Brazil market estimates and forecasts 2018 to 2030 (USD Million)
- 7.8.3. Argentina
- 7.8.3.1. Key country dynamics
- 7.8.3.2. Regulatory framework/ Reimbursement
- 7.8.3.3. Competitive scenario
- 7.8.3.4. Argentina market estimates and forecasts 2018 to 2030 (USD Million)
- 7.9. MEA
- 7.9.1. MEA
- 7.9.2. South Africa
- 7.9.2.1. Key country dynamics
- 7.9.2.2. Regulatory framework/ Reimbursement
- 7.9.2.3. Competitive scenario
- 7.9.2.4. South Africa market estimates and forecasts 2018 to 2030 (USD Million)
- 7.9.3. Saudi Arabia
- 7.9.3.1. Key country dynamics
- 7.9.3.2. Regulatory framework/ Reimbursement
- 7.9.3.3. Competitive scenario
- 7.9.3.4. Saudi Arabia market estimates and forecasts 2018 to 2030 (USD Million)
- 7.9.4. UAE
- 7.9.4.1. Key country dynamics
- 7.9.4.2. Regulatory framework/ Reimbursement
- 7.9.4.3. Competitive scenario
- 7.9.4.4. UAE market estimates and forecasts 2018 to 2030 (USD Million)
- 7.9.5. Kuwait
- 7.9.5.1. Key country dynamics
- 7.9.5.2. Regulatory framework
- 7.9.5.3. Competitive scenario
- 7.9.5.4. Kuwait market estimates and forecasts 2018 to 2030 (USD Million)
- Chapter 8. Competitive Landscape
- 8.1. Company Profiles
- 8.1.1. Bettersize Instruments
- 8.1.1.1. Company overview
- 8.1.1.2. Financial performance
- 8.1.1.3. Product benchmarking
- 8.1.1.4. Strategic initiatives
- 8.1.2. Bio-Techne
- 8.1.2.1. Company overview
- 8.1.2.2. Financial performance
- 8.1.2.3. Product benchmarking
- 8.1.2.4. Strategic initiatives
- 8.1.3. Anton Paar
- 8.1.3.1. Company overview
- 8.1.3.2. Financial performance
- 8.1.3.3. Product benchmarking
- 8.1.3.4. Strategic initiatives
- 8.1.4. Yokogawa Electric Corporation
- 8.1.4.1. Company overview
- 8.1.4.2. Financial performance
- 8.1.4.3. Product benchmarking
- 8.1.4.4. Strategic initiatives
- 8.1.5. Microtrac MRB
- 8.1.5.1. Company overview
- 8.1.5.2. Financial performance
- 8.1.5.3. Product benchmarking
- 8.1.5.4. Strategic initiatives
- 8.1.6. Micromeritics Instrument Corporation
- 8.1.6.1. Company overview
- 8.1.6.2. Financial performance
- 8.1.6.3. Product benchmarking
- 8.1.6.4. Strategic initiatives
- 8.1.7. Fritsch
- 8.1.7.1. Company overview
- 8.1.7.2. Financial performance
- 8.1.7.3. Product benchmarking
- 8.1.7.4. Strategic initiatives
- 8.1.8. Haver & Boecker
- 8.1.8.1. Company overview
- 8.1.8.2. Financial performance
- 8.1.8.3. Product benchmarking
- 8.1.8.4. Strategic initiatives
- 8.1.9. Spectris
- 8.1.9.1. Company overview
- 8.1.9.2. Financial performance
- 8.1.9.3. Product benchmarking
- 8.1.9.4. Strategic initiatives
- 8.1.10. HORIBA
- 8.1.10.1. Company overview
- 8.1.10.2. Financial performance
- 8.1.10.3. Product benchmarking
- 8.1.10.4. Strategic initiatives
- 8.2. Company Market Position Analysis
- 8.3. Company/Competition Categorization
- 8.4. Strategy Mapping
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