(Aviation-NewsWire.Com, May 29, 2019 ) The commercial aircraft avionics market is anticipated to register a CAGR of above 6% during the forecast period. Get Sample for Global Commercial Aircraft Avionics Market Report @ http://www.arcognizance.com/enquiry-sample/381334 - The commercial aircraft avionics market is primarily dependent on the demand for new aircraft and upgrades of avionics for the existing aircraft. - According to the FAA, any aircraft flying in the US airspace requires the use of a transponder and may also require aircraft to be equipped with a Version 2 ADS-B Out system before January 1, 2020. ADS-B is expected to be mandated in Europe in the coming years. These mandates are currently driving the demand for avionics upgrades. - The delays in supply chains may challenge the market players and may act as a hindrance factor to the commercial aircraft avionics market. Competitive Landscape The commercial aircraft avionics market is highly consolidated with the majority of the share taken by very few players. Collins Aerospace, Honeywell International Inc., Thales Group, General Electric, and Cobham PLC are some of the key players in the market studied. However, the other global and regional players that provide connectivity solutions, gauges and indicators, GPS, jammers, and other control systems for various flight activities occupy a significant part of the retrofit segment of the market studied. Acquisitions of such smaller players can help the larger companies quickly gain a lot of ground in the market studied. Scope of the Report The study includes commercial aircraft used for passenger transport on a scheduled basis. Commercial aircraft used for freight are excluded from the study. Military aircraft, business jets, and other private-owned, chartered, and unscheduled aircraft are also excluded from the study. In segmentation by subsystems, other subsystems segment include emergency systems, fire safety systems, EFBs, flight recording systems, weather systems, and terrain awareness and warning systems.Key Market Trends The Narrow-body Segment is Expected to Experience the Highest Growth During the Forecast Period The narrow-body aircraft are the most delivered aircraft over the years. The aerospace giants, Boeing and Airbus, have delivered 580 and 646 narrow-body aircraft in 2018. The increasing orders and deliveries of the narrow-body are fueled by the growing aviation industry. For instance, currently, Vietnam Airlines is in plans to replace its existing fleet of older Airbus A321s with new generation narrow-body aircraft. The state-owned flag carrier is planning to procure about 50 - 100 aircraft with expected deliveries between 2020 and 2030. It is currently reviewing its options between Airbus A320neo and Boeing 737 MAX. Increasing orders of new aircraft may generate demand for advanced avionics systems in the coming years. Access Complete Global Commercial Aircraft Avionics Industry Report @ http://www.arcognizance.com/report/commercial-aircraft-avionics-market-growth-trends-and-forecast-2019-2024 The Asia-Pacific Region is Expected to Experience the Highest Growth During the Forecast Period The Asia-Pacific region is anticipated to have the highest growth rate during the forecast period. This is due to the fast-growing aviation industry in China and India. Additionally, the countries, like Indonesia, South Korea, Singapore, Thailand, Malaysia, Australia, and Vietnam, are propelling this growth due to on-going investment in the aviation industry by public and private companies and growth of tourism in this region. Currently, Thai Airways is considering to purchase 23 new aircraft to replace the decommissioned ones. It is expected to purchase 13 wide-body aircraft and 10 narrow-body aircraft. Thai Airways is eyeing Boeing 777X and A350XWB aircraft for its future wide-body fleet. Such procurements and also rise of new maintenance, repair, and overhaul (MRO) facilities to cater to the increasing aircraft fleet are expected to generate the demand for avionics systems and components in the region.
Reasons to Purchase this report: - The market estimate (ME) sheet in Excel format - Report customization as per the client's requirements - 3 months of analyst support Purchase this Market Research Report @ http://www.arcognizance.com/purchase/381334 Some of the Points from TOC is: Chapter One: INTRODUCTION 1.1 Study Deliverables 1.2 Study Assumptions 1.3 Scope of the Study Chapter Two: RESEARCH METHODOLOGY Chapter Three: EXECUTIVE SUMMARY Chapter Four: MARKET DYNAMICS 4.1 Market Overview 4.2 Market Drivers 4.3 Market Restraints 4.4 Porter's Five Forces Analysis 4.4.1 Threat of New Entrants 4.4.2 Bargaining Power of Buyers/Consumers 4.4.3 Bargaining Power of Suppliers Chapter Five: MARKET SEGMENTATION 5.1 Aircraft Type 5.1.1 Fixed Wing aircraft 22.214.171.124 Narrow Body 126.96.36.199 Wide Body 188.8.131.52 Regional 184.108.40.206 Freighter 5.1.2 Rotorcraft 5.2 Engine Type 5.2.1 Turbofan Chapter Six: COMPETITIVE LANDSCAPE 6.1 Mergers and Acquisitions, Joint Ventures, Collaborations, and Agreements 6.2 Vendor Market Share 6.3 Strategies Adopted by Leading Players 6.4 Company Profiles 6.4.1 Bombardier Inc. 6.4.2 Embraer SA 6.4.3 The Boeing Company 6.4.4 Airbus SE 6.4.5 Commercial Aircraft Corporation of China Ltd Chapter Seven: MARKET OPPORTUNITIES AND FUTURE TRENDS About us: www.arcognizance.com is an initiation in this new era of “analysis @ thought.” We are on a mission to replace the conventional research programs and give way to the latest methods and information for the organizations. We have created this hub of analytical research papers where you can get an access to the latest and the best research papers coming out from some reliable and budding research houses. After the advent of “new analytics" based on the data collection facilities of big data, the face of "business research facilities" has changed drastically. With ARC our experts have created a bookshelf where you can check out the research reports that are an outcome of the progression of knowledge in various industry sectors. Alongside you can also check some research papers, market reports, and forecasts that are talking about the "out of the box" developments in the market. Contact Us: Matt Wilson Manager - Global Sales Analytical Research Cognizance +1 (646) 434-7969, +91 90967 44448 email@example.com <||>rnhttp://www.arcognizance.com/
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