Global Commercial Avionics Systems Market Growth (Status and Outlook) 2023-2029

Global Commercial Avionics Systems Market Growth (Status and Outlook) 2023-2029

Avionics are the electronic systems used on aircraft, artificial satellites, and spacecraft. Avionic systems include communications, navigation, the display and management of multiple systems, and the hundreds of systems that are fitted to aircraft to perform individual functions.

LPI (LP Information)' newest research report, the “Commercial Avionics Systems Industry Forecast” looks at past sales and reviews total world Commercial Avionics Systems sales in 2022, providing a comprehensive analysis by region and market sector of projected Commercial Avionics Systems sales for 2023 through 2029. With Commercial Avionics Systems sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Commercial Avionics Systems industry.

This Insight Report provides a comprehensive analysis of the global Commercial Avionics Systems landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Commercial Avionics Systems portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms’ unique position in an accelerating global Commercial Avionics Systems market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Commercial Avionics Systems and breaks down the forecast by type, by application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Commercial Avionics Systems.

The global Commercial Avionics Systems market size is projected to grow from US$ 20880 million in 2022 to US$ 25330 million in 2029; it is expected to grow at a CAGR of 2.8% from 2023 to 2029.

North America accounted for the largest market share of the market, followed by Europe, Asia Pacific, and the Rest of the World.

This report presents a comprehensive overview, market shares, and growth opportunities of Commercial Avionics Systems market by product type, application, key players and key regions and countries.

Market Segmentation:

Segmentation by type
Navigation System
Monitoring System
Power System

Segmentation by application
Commercial
Military

This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries

The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
Rockwell Collins
Honeywell Aerospace
Thales Group
United Technologies
Panasonic Avionics
GE Aviation
Avidyne
Garmin
Universal Avionics System

Please note: The report will take approximately 2 business days to prepare and deliver.