Flight Management Systems Market

The global flight management systems (FMS) market reached a value of US$ 2.6 Billion in 2018. A flight management system (FMS) is a specialized computer system that performs a complete range of in-flight tasks, thus significantly reducing the crew load. It is an integrated, full-flight communication and information management system that provides guidance and aids in navigation, trajectory prediction, and performance and fuel computations. In-flight management and flight planning through various sensors such as inertial navigation systems (INS) and global positioning systems (GPS) are some of the other functions of FMS.

A thriving aviation industry along with an increase in the demand for next-generation aircraft features is a key factor driving the market growth. For instance, improved fuel efficiency and flight security along with the reduction in pilot workload are some of the key benefits offered by FMS, owing to which its demand is rapidly increasing. Moreover, Next Generation Flight Management Systems (NGFMS) are being introduced, that streamline air traffic management, reduce direct operational costs and enhance the overall safety of the aircraft. Furthermore, there is a significant growth in the number of airlines across the globe which now connect even the remotest regions to the world. This has led to the launch of several modern aircraft, thus leading to the widespread incorporation of FMA, which is contributing positively to the market growth. Apart from this, other benefits such as enhanced navigation, lower power consumption and reduced weight, and glass cockpits resulting in better operational facilities are also driving the market growth. Looking forward, IMARC Group expects the market to reach a value of US$ 3.5 Billion by 2024, registering a CAGR of around 5% during 2019-2024.

Report Coverage:

• Historical, Current and Future Market Trends
   
• Market Breakup by Fit:
  • Line Fit
  • Retrofit
     
• Market Breakup by Aircraft Type:
  • Narrow Body Aircraft
  • Wide Body Aircraft
  • Very Large Aircraft
  • Regional Transport Aircraft
     
• Market Breakup by Hardware:
  • Visual Display Unit
  • Control Display Unit
  • Flight Management Computers
     
• Market Breakup by Region:
  • North America
  • Europe
  • Asia Pacific
  • Middle East and Africa
  • Latin America
     

Competitive Landscape:

The report has also analysed the competitive landscape of the market with some of the key players being Honeywell International Inc., Thales Group, General Electric Company, Rockwell Collins, Esterline Technologies Corporation, Garmin Ltd., Universal Avionics Systems Corporation, Jeppesen Sanderson, Inc., Navtech, Inc., Lufthansa Systems GmbH & Co. Kg, Leonardo-Finmeccanica Spa, General Electric Company, etc.

Key Questions Answered in This Report:

• How has the global flight management systems market performed so far and how will it perform in the coming years?
• What are the key regional markets in the global flight management systems industry?
• What is the breakup of the market based on the aircraft type?
• What is the breakup of the market based on the hardware?
• What are the various stages in the value chain of the global flight management systems industry?
• What are the key driving factors and challenges in the global flight management systems industry?
• What is the structure of the global flight management systems industry and who are the key players?
• What is the degree of competition in the global flight management systems industry?
• What are the profit margins in the global flight management systems industry?

1    Preface
2    Scope and Methodology
    2.1    Objectives of the Study
    2.2    Stakeholders
    2.3    Data Sources
        2.3.1    Primary Sources
        2.3.2    Secondary Sources
    2.4    Market Estimation
        2.4.1    Bottom-Up Approach
        2.4.2    Top-Down Approach
    2.5    Forecasting Methodology
3    Executive Summary
4    Introduction
    4.1    Overview
    4.2    Key Industry Trends
5    Global Flight Management Systems Market
    5.1    Market Overview
    5.2    Market Performance
    5.3    Market Breakup by Fit
    5.4    Market Breakup by Aircraft Type
    5.5    Market Breakup by Hardware
    5.6    Market Breakup by Region
    5.7    Market Forecast
6    Market Breakup by Fit
    6.1    Line Fit
        6.1.1    Market Trends
        6.1.2    Market Forecast
    6.2    Retrofit
        6.2.1    Market Trends
        6.2.2    Market Forecast
7    Market Breakup by Aircraft Type
    7.1    Narrow Body Aircraft
        7.1.1    Market Trends
        7.1.2    Market Forecast
    7.2    Wide Body Aircraft
        7.2.1    Market Trends
        7.2.2    Market Forecast
    7.3    Very Large Aircraft
        7.3.1    Market Trends
        7.3.2    Market Forecast
    7.4    Regional Transport Aircraft
        7.4.1    Market Trends
        7.4.2    Market Forecast
8    Market Breakup by Hardware
    8.1    Visual Display Unit
        8.1.1    Market Trends
        8.1.2    Market Forecast
    8.2    Control Display Unit
        8.2.1    Market Trends
        8.2.2    Market Forecast
    8.3    Flight Management Computers
        8.3.1    Market Trends
        8.3.2    Market Forecast
9    Market Breakup by Region
    9.1    North America
        9.1.1    Market Trends
        9.1.2    Market Forecast
    9.2    Europe
        9.2.1    Market Trends
        9.2.2    Market Forecast
    9.3    Asia Pacific
        9.3.1    Market Trends
        9.3.2    Market Forecast
    9.4    Middle East and Africa
        9.4.1    Market Trends
        9.4.2    Market Forecast
    9.5    Latin America
        9.5.1    Market Trends
        9.5.2    Market Forecast
10    SWOT Analysis
    10.1    Overview
    10.2    Strengths
    10.3    Weaknesses
    10.4    Opportunities
    10.5    Threats
11    Value Chain Analysis
12    Porters Five Forces Analysis
    12.1    Overview
    12.2    Bargaining Power of Buyers
    12.3    Bargaining Power of Suppliers
    12.4    Degree of Competition
    12.5    Threat of New Entrants
    12.6    Threat of Substitutes
13    Price Analysis
    13.1    Price Indicators
    13.2    Price Structure
    13.3    Margin Analysis
14    Competitive Landscape
    14.1    Market Structure
    14.2    Key Players
    14.3    Profiles of Key Players
        14.3.1    Honeywell International Inc.
        14.3.2    Thales Group
        14.3.3    General Electric Company
        14.3.4    Rockwell Collins
        14.3.5    Esterline Technologies Corporation
        14.3.6    Garmin Ltd.
        14.3.7    Universal Avionics Systems Corporation
        14.3.8    Jeppesen Sanderson, Inc.
        14.3.9    Navtech, Inc.
        14.3.10      Lufthansa Systems GmbH & Co. Kg
        14.3.11      Leonardo-Finmeccanica Spa
        14.3.12      General Electric Company

List of Figures

Figure 1: Global: Flight Management Systems Market: Major Drivers and Challenges
Figure 2: Global: Flight Management Systems Market: Sales Value (in Billion US$), 2013-2018
Figure 3: Global: Flight Management Systems Market: Breakup by Fit (in %), 2018
Figure 4: Global: Flight Management Systems Market: Breakup by Aircraft Type (in %), 2018
Figure 5: Global: Flight Management Systems Market: Breakup by Hardware (in %), 2018
Figure 6: Global: Flight Management Systems Market: Breakup by Region (in %), 2018
Figure 7: Global: Flight Management Systems Market Forecast: Sales Value (in Billion US$), 2019-2024
Figure 8: Global: Flight Management Systems: SWOT Analysis
Figure 9: Global: Flight Management Systems: Value Chain Analysis
Figure 10: Global: Flight Management Systems: Porter’s Five Forces Analysis
Figure 11: Global: Flight Management Systems (Line Fit) Market: Sales Value (in Million US$), 2013-2018
Figure 12: Global: Flight Management Systems (Line Fit) Market Forecast: Sales Value (in Million US$), 2019-2024
Figure 13: Global: Flight Management Systems (Retrofit) Market: Sales Value (in Million US$), 2013-2018
Figure 14: Global: Flight Management Systems (Retrofit) Market Forecast: Sales Value (in Million US$), 2019-2024
Figure 15: Global: Flight Management Systems (Narrow Body Aircraft) Market: Sales Value (in Million US$), 2013-2018
Figure 16: Global: Flight Management Systems (Narrow Body Aircraft) Market Forecast: Sales Value (in Million US$), 2019-2024
Figure 17: Global: Flight Management Systems (Wide Body Aircraft) Market: Sales Value (in Million US$), 2013-2018
Figure 18: Global: Flight Management Systems (Wide Body Aircraft) Market Forecast: Sales Value (in Million US$), 2019-2024
Figure 19: Global: Flight Management Systems (Very Large Aircraft) Market: Sales Value (in Million US$), 2013-2018
Figure 20: Global: Flight Management Systems (Very Large Aircraft) Market Forecast: Sales Value (in Million US$), 2019-2024
Figure 21: Global: Flight Management Systems (Regional Transport Aircraft) Market: Sales Value (in Million US$), 2013-2018
Figure 22: Global: Flight Management Systems (Regional Transport Aircraft) Market Forecast: Sales Value (in Million US$), 2019-2024
Figure 23: Global: Flight Management Systems (Visual Display Unit) Market: Sales Value (in Million US$), 2013-2018
Figure 24: Global: Flight Management Systems (Visual Display Unit) Market Forecast: Sales Value (in Million US$), 2019-2024
Figure 25: Global: Flight Management Systems (Control Display Unit) Market: Sales Value (in Million US$), 2013-2018
Figure 26: Global: Flight Management Systems (Control Display Unit) Market Forecast: Sales Value (in Million US$), 2019-2024
Figure 27: Global: Flight Management Systems (Flight Management Computers) Market: Sales Value (in Million US$), 2013-2018
Figure 28: Global: Flight Management Systems (Flight Management Computers) Market Forecast: Sales Value (in Million US$), 2019-2024
Figure 29: North America: Flight Management Systems Market: Sales Value (in Million US$), 2013-2018
Figure 30: North America: Flight Management Systems Market Forecast: Sales Value (in Million US$), 2019-2024
Figure 31: Europe: Flight Management Systems Market: Sales Value (in Million US$), 2013-2018
Figure 32: Europe: Flight Management Systems Market Forecast: Sales Value (in Million US$), 2019-2024
Figure 33: Asia Pacific: Flight Management Systems Market: Sales Value (in Million US$), 2013-2018
Figure 34: Asia Pacific: Flight Management Systems Market Forecast: Sales Value (in Million US$), 2019-2024
Figure 35: Middle East and Africa: Flight Management Systems Market: Sales Value (in Million US$), 2013-2018
Figure 36: Middle East and Africa: Flight Management Systems Market Forecast: Sales Value (in Million US$), 2019-2024
Figure 37: Latin America: Flight Management Systems Market: Sales Value (in Million US$), 2013-2018
Figure 38: Latin America: Flight Management Systems Market Forecast: Sales Value (in Million US$), 2019-2024

List of Tables

Table 1: Global: Flight Management Systems Market: Key Industry Highlights, 2018 and 2024
Table 2: Global: Flight Management Systems Market Forecast: Breakup by Fit (in Million US$), 2019-2024
Table 3: Global: Flight Management Systems Market Forecast: Breakup by Aircraft Type (in Million US$), 2019-2024
Table 4: Global: Flight Management Systems Market Forecast: Breakup by Hardware (in Million US$), 2019-2024
Table 5: Global: Flight Management Systems Market Forecast: Breakup by Region (in Million US$), 2019-2024
Table 6: Global: Flight Management Systems Market Structure
Table 7: Global: Flight Management Systems Market: Key Players