The global commercial avionics market is expected to grow from USD 39.78 billion 2017 to USD 57.83 billion by the end of 2024 at a Compound Annual Growth Rate (CAGR) of 5.49%.

"Increasing passenger traffic fuelling the need for aircraft productionis one of the factors largely attributing to the growth of commercial avionics market globally"

The factors attributing to the growth of the market are increasing passenger traffic fuelling the need for aircraft production, need for avionics modernization to increase the profitability of fleet, and need to comply with upcoming mandates and deploy next generation avionics. However, some factors such as and shortage of training resources and skilled professionals may hinder the market growth. The global commercial avionics market is expected to showcase the opportunities such as consolidation activity in commercial aircraft industry and aftermarket, and technology innovation for unmanned aircraft. In the near future, the market may face the possible challenges in the growth due to and cyber security challenges. However, the key players in the market are putting regressive efforts to provide innovative offerings and benchmark strategies in the global commercial avionics market market.

On the basis of fit, the global commercial avionics market is studied across Linefit Aircraft and Retrofit Aircraft.

On the basis of platform, the global commercial avionics market is studied across Fixed-wing Aircraft and Rotary-wing Aircraft.

On the basis of geography, the global commercial avionics market is studied across Americas, (United States, Brazil, Canada, Mexico, and Argentina) Europe, Middle East & Africa, (United Kingdom, Germany, France, Saudi Arabia, United Arab Emirates, Italy, and Russia) and Asia-Pacific (China, Japan, India, and Australia).

"Cobham PLC: The potential growing player for the global commercial avionics market"

The key players profiled in the global commercial avionics market are Cobham PLC, Curtiss-Wright Corporation, Elbit Systems, Ltd., Esterline Technologies Corporation, GE Aviation, Garmin, Ltd., Genesys Aerosystems Group, Inc., Honeywell International, Inc., L3 Technologies, Inc., Meggitt PLC., Rockwell Collins, Inc., Safran S.A., Teledyne Technologies, Inc., Thales S.A., and United Technologies Corporation.


The report provides insights on the following pointers:
1. Market Penetration: Provides comprehensive information on sulfuric acid offered by the key players in the global commercial avionics market.
2. Product Development & Innovation: Provides intelligent insights on future technologies, R&D activities, and new product developments in the global commercial avionics market.
3. Market Development: Provides in-depth information about lucrative emerging markets and analyzes the markets for the global commercial avionics market.
4. Market Diversification: Provides detailed information about new products launches, untapped geographies, recent developments, and investments in the global commercial avionics market.
5. Competitive Assessment & Intelligence: Provides exhaustive assessment of market shares, strategies, products, and manufacturing capabilities of the leading players in the global commercial avionics market.