Military Aircraft Avionics Market Bonded to a significant Growth by 2030

Military Aircraft Avionics Market Bonded to a significant Growth by 2030

Military Aircraft Avionics Market is predicted to reach USD 40.21 Billion at a CAGR of 3.07% during the forecast period:


Market Research Future (MRFR) has published a cooked research report on the “Military Aircraft Avionics Market that contains information from 2018 to 2030.The Military Aircraft Avionics Market is estimated to register a CAGR of 3.07% during the forecast period of 2020 to 2030.


MRFR recognizes the following companies as the key players in the global Military Aircraft Avionics Market — Honeywell Aerospace, GE Aviation, Garmin Ltd., Avidyne Corporation, MGL Avionics, Lockheed Martin, Elbit Systems Ltd., Esterline Technologies Corporation, Airbus Group SE and Rockwell Collins, Inc.


Market Highlights


The Military Aircraft Avionics Market is accounted to register a CAGR of 3.07% during the forecast period and is estimated to reach USD 40.21 Billion by 2030


The military aircraft avionics market refers to the sector that focuses on the development, production, and sale of avionics systems specifically designed for military aircraft. Avionics, short for aviation electronics, encompasses a wide range of electronic systems and equipment used in aircraft to support their operations, navigation, communication, and mission-specific functions. The military aircraft avionics market is an integral part of the defense industry, catering to the needs of various branches of the armed forces, including air forces, navies, and armies. Avionics systems play a critical role in enhancing the operational capabilities, situational awareness, and overall effectiveness of military aircraft.


Segment Analysis


The global Military Aircraft Avionics Market has been segmented based by system


 Multi-function flight display systems, Primary flight display systems, EICAS, In 2014, primary flight display systems accounted for more than 13% of the global digital glass military aircraft cockpit systems market. It has gained prominence in providing the pilots with altitude, airspeed, vertical speed, and navigation displays along with automatic flight control systems (AFCS), and air pressure and barometric readings.


Regional Analysis


The global Military Aircraft Avionics Market, based on region, has been divided into the North America, Europe, Asia-Pacific, and Rest of the World. North America has traditionally been a major market for military aircraft avionics due to the presence of leading defense contractors, such as Lockheed Martin, Boeing, and Northrop Grumman. The United States, in particular, has a robust defense industry and invests heavily in advanced avionics systems for its military aircraft. The region is witnessing a shift towards next-generation avionics, including advanced mission systems, communication systems, and flight management systems.


Europe is another significant market for military aircraft avionics. Countries like the United Kingdom, France, Germany, and Italy have well-established defense industries that contribute to the development and production of avionics systems. European defense organizations and manufacturers focus on avionics technologies that enhance situational awareness, communication capabilities, and interoperability among allied forces.


The Asia-Pacific region is experiencing rapid growth in military aircraft avionics due to increasing defense budgets and modernization programs. Countries like China and India have made substantial investments in their defense sectors, driving the demand for avionics systems. The region also witnesses collaborations between international avionics manufacturers and local defense companies to develop indigenous avionics capabilities.


The Middle East and Africa region have diverse requirements for military aircraft avionics. Countries like Saudi Arabia, Israel, and the United Arab Emirates invest significantly in advanced avionics systems to enhance their air defense capabilities. Additionally, Africa is witnessing growing interest in avionics systems as several nations seek to modernize their military aircraft fleets.


Key Findings of the Study



  • The global Military Aircraft Avionics Market is expected to reach USD 40.21 Billion by 2030, at a CAGR of 3.07% during the forecast period.

  • North America has traditionally been a major market for military aircraft avionics due to the presence of leading defense contractors, such as Lockheed Martin, Boeing, and Northrop Grumman.

  • Multi-function flight display systems, Primary flight display systems, EICAS, in 2014, primary flight display systems accounted for more than 13% of the global digital glass military aircraft cockpit systems market.

  • Honeywell Aerospace, GE Aviation, Garmin Ltd., Avidyne Corporation, MGL Avionics, Lockheed Martin, Elbit Systems Ltd., Esterline Technologies Corporation, Airbus Group SE and Rockwell Collins, Inc.

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