Commercial Avionics Systems Market Report by Sub System (Health Monitoring Systems, Flight Management and Control Systems, Communication and Navigation, Cockpit Systems, Visualizations and Display Systems, and Others), Aircraft Type (Narrow-body Aircraft, Wide-body Aircraft, Regional Aircraft, and Others), Fit (Linefit, Retrofit), and Region 2024-2032

Commercial Avionics Systems Market Report by Sub System (Health Monitoring Systems, Flight Management and Control Systems, Communication and Navigation, Cockpit Systems, Visualizations and Display Systems, and Others), Aircraft Type (Narrow-body Aircraft, Wide-body Aircraft, Regional Aircraft, and Others), Fit (Linefit, Retrofit), and Region 2024-2032

Report Format: PDF+Excel | Report ID: SR112024A5134
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Market Overview:

The global commercial avionics systems market size reached US$ 30.6 Billion in 2023. Looking forward, IMARC Group expects the market to reach US$ 41.7 Billion by 2032, exhibiting a growth rate (CAGR) of 3.4% during 2024-2032.

Report Attribute 
Key Statistics
Base Year
2023
Forecast Years
2024-2032
Historical Years
2018-2023
Market Size in 2023
US$ 30.6 Billion
Market Forecast in 2032
US$ 41.7 Billion
Market Growth Rate 2024-2032 3.4%


Commercial avionics systems are electronic equipment designed for utilization in aviation. They comprise engine controls, flight recorders, lighting systems, threat detection, fuel systems, electro-optic (EO/IR) systems, weather radar, performance monitors, and other systems for carrying out flight management tasks. They are durable, reliable and do not require frequent updates. Besides this, they assist in controlling, monitoring, navigating, avoiding collision with other aircraft, and communicating with air traffic control (ATC) towers to enhance the overall safety of crew and passengers.

 

 
 

 

Note: Information in the above chart consists of dummy data and is only shown here for representation purpose. Kindly contact us for the actual market size and trends.

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Commercial Avionics Systems Market Trends:

The thriving aviation sector, in confluence with the increasing air passenger traffic, represents one of the key factors impelling the growth of the market. Moreover, commercial avionics systems enable the pilot to have a clear overview of the parameters that keep the aircraft on course and safe from other planes. These systems include cockpit systems that provide pilots with instructions on performing certain maneuvers, such as an emergency landing. They also comprise cabin management systems (CMSs) that allow the cabin crew to monitor and control cabin illumination, passenger signs and calls, galley and lavatory controls, and cabin intercommunication devices. This, coupled with the growing adoption of next-generation flight management systems (NGFMS), is augmenting the sales of commercial avionics systems across the globe. Apart from this, there is a rise in the need for improved safety and security against hijacking and terrorist attacks worldwide. This, along with the increasing focus of market players on product innovations to offer better service, is positively influencing the market. Other factors strengthening the growth of the market are rapid urbanization and the integration of technologies, such as the internet of things (IoT), in avionics systems.

Key Market Segmentation:

IMARC Group provides an analysis of the key trends in each sub-segment of the global commercial avionics systems market report, along with forecasts at the global, regional and country level from 2024-2032. Our report has categorized the market based on sub system, aircraft type and fit.

Breakup by Sub System:

  • Health Monitoring Systems
  • Flight Management and Control Systems
  • Communication and Navigation
  • Cockpit Systems
  • Visualizations and Display Systems
  • Others
     

Breakup by Aircraft Type:

 

 
 

 

Note: Information in the above chart consists of dummy data and is only shown here for representation purpose. Kindly contact us for the actual market size and trends.

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  • Narrow-body Aircraft
  • Wide-body Aircraft
  • Regional Aircraft
  • Others
     

Breakup by Fit:

  • Linefit
  • Retrofit
     

Breakup by Region:

 

 
 

 

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  • North America
    • United States
    • Canada
  • Asia-Pacific
    • China
    • Japan
    • India
    • South Korea
    • Australia
    • Indonesia
    • Others
  • Europe
    • Germany
    • France
    • United Kingdom
    • Italy
    • Spain
    • Russia
    • Others
  • Latin America
    • Brazil
    • Mexico
    • Others
  • Middle East and Africa
     

Competitive Landscape:

The competitive landscape of the industry has also been examined along with the profiles of the key players being Cobham Limited, Garmin Ltd., General Electric Company, Honeywell International Inc., L3Harris Technologies Inc., Panasonic Corporation, Raytheon Technologies Corporation, Safran SA, Teledyne Technologies Inc., Thales Group and Universal Avionics Systems Corporation (Elbit Systems Ltd.).

Report Coverage:

Report Features Details
Base Year of the Analysis 2023
Historical Period 2018-2023
Forecast Period 2024-2032
Units US$ Billion
Segment Coverage Sub System, Aircraft Type, Fit, Region
Region Covered Asia Pacific, Europe, North America, Latin America, Middle East and Africa
Countries Covered United States, Canada, Germany, France, United Kingdom, Italy, Spain, Russia, China, Japan, India, South Korea, Australia, Indonesia, Brazil, Mexico
Companies Covered Cobham Limited, Garmin Ltd., General Electric Company, Honeywell International Inc., L3Harris Technologies Inc., Panasonic Corporation, Raytheon Technologies Corporation, Safran SA, Teledyne Technologies Inc., Thales Group and Universal Avionics Systems Corporation (Elbit Systems Ltd.).
Customization Scope 10% Free Customization
Report Price and Purchase Option Single User License: US$ 3899
Five User License: US$ 4899
Corporate License: US$ 5899
Post-Sale Analyst Support 10-12 Weeks
Delivery Format PDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on special request)

Key Questions Answered in This Report

The global commercial avionics systems market was valued at US$ 30.6 Billion in 2023.

We expect the global commercial avionics systems market to exhibit a CAGR of 3.4% during 2024-2032.

Continuous advancements in the aviation sector, along with the growing utilization of commercial avionics systems to enhance the safety of crew members and passengers, are primarily driving the global commercial avionics systems market.

The sudden outbreak of the COVID-19 pandemic had led to the implementation of stringent lockdown regulations across several nations resulting in temporary halt in numerous aviation activities, thereby limiting the demand for commercial avionics systems.

Based on the sub system, the global commercial avionics systems market has been segmented into health monitoring systems, flight management and control systems, communication and navigation, cockpit systems, visualizations and display systems, and others. Among these, communication and navigation sub system represents the largest market share.

Based on the aircraft type, the global commercial avionics systems market can be bifurcated into narrow-body aircraft, wide-body aircraft, regional aircraft, and others. Currently, narrow-body aircraft accounts for the majority of the total market share.

On a regional level, the market has been classified into North America, Europe, Asia-Pacific, Middle East and Africa, and Latin America, where Asia-Pacific currently dominates the global market.

Some of the major players in the global commercial avionics systems market include Cobham Limited, Garmin Ltd., General Electric Company, Honeywell International Inc., L3Harris Technologies Inc., Panasonic Corporation, Raytheon Technologies Corporation, Safran SA, Teledyne Technologies Inc., Thales Group, and Universal Avionics Systems Corporation (Elbit Systems Ltd.).

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Commercial Avionics Systems Market Report by Sub System (Health Monitoring Systems, Flight Management and Control Systems, Communication and Navigation, Cockpit Systems, Visualizations and Display Systems, and Others), Aircraft Type (Narrow-body Aircraft, Wide-body Aircraft, Regional Aircraft, and Others), Fit (Linefit, Retrofit), and Region 2024-2032
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