Next Generation Avionics

Next Generation Avionics

Next Next-generation avionics are used for predictive maintenance, remote assistance, visualization of maintenance issues, training purposes, ease of handling, and improving customer experience. The integration of next-generation technologies in avionics has made flight operations significantly easier as well as led to a reduction the fuel costs and energy and resource utilization due to which the market has witnessed a sizeable growth in recent growth.

The Global Next Generation Avionics market was valued at USD 2,510 million in 2023 and is expected to grow at a strong CAGR of around 10.21% during the forecast period (2024-2032). One of the key factors that has remarkably supported the integration of next-generation avionics solutions is the integration of digital cockpits and head-up displays. These displays are integrated with the new generation of aircraft to overlay critical flight information such as navigation data, airspeed, engine temperature, fuel, and altitude directly in the pilot’s view. Many aviation companies have started integrating head-up displays to offer such functionality to provide a compressive field of view to the pilot and offer better situational awareness. For instance, in 2024, the government of Singapore announced its plans to purchase 8 new F35 aircraft. This purchase would be on top of an earlier 12 F35A aircraft purchase signed by the government of Singapore.

In another instance, in 2024, the government of Germany announced its plans to purchase 20 additional Eurofighter Typhoon aircraft (4.5 generation) by the end of year 2025.

Considering the rising demand for next-generation aircraft across the globe for strengthening air forces the demand for next-generation avionics technologies is anticipated to rise in the coming period. Additionally, a large number of countries are planning to upgrade their old-generation aircraft with next-generation aircraft which would be conducive for improving the demand for next-generation avionics in the forthcoming years.

• Based on Type of Next Generation Avionics the global market has been segmented into management system avionics, communication system avionics, navigation system avionics, and other electronics. Of these management systems avionics has held the major market share owing to the factors as its crucial application in aircraft risk mitigation, improving safety and reliability, enhanced flight efficiency, improved situation awareness, operational flexibility, etc. As automating the tasks the management system avionics significantly reduced the workload of the pilots due to which its integration in the aircraft cockpit becomes crucial. Considering the significance of improvement in management system avionics in flight systems the research & development, the integration of systems would be on the higher side further promoting the market growth of the segment.
• Based on the application, the global Next Generation Avionics market has been segmented civil aircraft and military aircraft. Of this commercial aircraft category has held the major market share due to the rising number of civil aircraft from developing regions such as the Asia Pacific, the Middle East, Africa, etc. These regions with the rise of the middle-class population have witnessed a sustained rise in the demand for low-cost carrier jets which has resulted in the improved demand for new commercial jets, further leading to the demand for next-generation avionics for aircraft in OEM. Additionally, many of the other factors such as rising geopolitical tensions promoting the need for improved avionics for military jets have also instigated the need for next-generation avionics.
• For a better understanding of the market adoption of Next Generation Avionics, the Global Next Generation Avionics market is analyzed based on its worldwide presence in regions such as North America, Europe, Asia-Pacific, and the Rest of the World. Of these, the North American region held the largest share in 2023. North America has a vast aviation industry, and it is looking forward to comprehensively supporting research & development around aviation challenges and their potential technological solutions. Additionally, the region is home to some of the largest manufacturers of commercial and military jets and aerospace crafts across the globe. Considering the vast volume of production, the region is further anticipated to dominate the demand for Next Generation Avionics in the coming period.
• Some of the major players operating in the market include Collins Aerospace, Thales, General Aviation (General Electric Company), L3harris Technologies Inc., Universal Avionics, Curtiss-Wright Corporation, Safran, Cobham Limited, BAE System, Garmin Limited, and Honeywell International Ltd.