Global Commercial Aircraft Avionic Systems Industry

Global Commercial Aircraft Avionic Systems Industry

  • April 2021 •
  • 109 pages •
  • Report ID: 5899249 •
  • Format: PDF
Abstract:
- Global Commercial Aircraft Avionic Systems Market to Reach $26.3 Billion by 2027
- Amid the COVID-19 crisis, the global market for Commercial Aircraft Avionic Systems estimated at US$19.2 Billion in the year 2020, is projected to reach a revised size of US$26.3 Billion by 2027, growing at a CAGR of 4.6% over the period 2020-2027.
- The U.S. Market is Estimated at $5.7 Billion, While China is Forecast to Grow at 4.3% CAGR
- The Commercial Aircraft Avionic Systems market in the U.S. is estimated at US$5.7 Billion in the year 2020. China, the world`s second largest economy, is forecast to reach a projected market size of US$4.6 Billion by the year 2027 trailing a CAGR of 4.3% over the analysis period 2020 to 2027. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 4.4% and 3.6% respectively over the 2020-2027 period. Within Europe, Germany is forecast to grow at approximately 3.8% CAGR.

- Select Competitors (Total 47 Featured) -
  • Cobham PLC
  • Curtiss-Wright Corporation
  • Elbit Systems Ltd.
  • Garmin International, Inc.
  • GE Aviation
  • Honeywell International, Inc.
  • L3 Technologies, Inc.
  • Rockwell Collins, Inc.
  • Thales Group
  • Universal Avionics System Corporation
  • Zodiac Aerospace