아비오닉스 시장 규모, 점유율, 성장 분석 : 시스템별, 플랫폼별, 최종사용자별, 지역별 - 산업 예측(2024-2031년)

Global Avionics Market size was valued at USD 47.18 billion in 2022 and is poised to grow from USD 50.72 billion in 2023 to USD 90.46 billion by 2031, growing at a CAGR of 7.5% during the forecast period (2024-2031).

The aircraft flight computer system incorporates an array of display units facilitating diverse flight operations, including automated flight management, communication, navigation, and surveillance (CNS). The reliance on digital computers for systems such as fly-by-wire control underscores the integral role of modern avionics, which encompass communication equipment, cockpit displays, control and monitoring systems, and navigation devices. The increasing technological advancements in avionics have spurred demand for enhanced functionality and reliability, leveraging tools like air data sensors, accelerometers, and rate gyros that provide pilots with essential data on parameters such as altitude and airspeed. Avionic systems find application across commercial aviation, defense, and unmanned aerial vehicles (UAVs). The projected growth in the retrofit aircraft market, alongside advancements in aircraft modernization, will drive the adoption of sophisticated avionics technologies throughout the forecast period. Notably, the implementation of Next-Generation Flight Management Systems and advanced navigation and surveillance technologies is expected to further stimulate market growth. As the air transport sector continues to expand, highlighted by the International Civil Aviation Organization's report of 4.5 billion passengers carried in 2019, the future prospects for avionics are promising. Additionally, rising geopolitical tensions have increased demand for military aircraft avionics, with ongoing investments in defense sectors facilitating upgrades to existing aircraft to meet elevated safety standards. The US avionics market is consequently positioned for sustainable growth in the coming years.

Top-down and bottom-up approaches were used to estimate and validate the size of the Global Avionics market and to estimate the size of various other dependent submarkets. The research methodology used to estimate the market size includes the following details: The key players in the market were identified through secondary research, and their market shares in the respective regions were determined through primary and secondary research. This entire procedure includes the study of the annual and financial reports of the top market players and extensive interviews for key insights from industry leaders such as CEOs, VPs, directors, and marketing executives. All percentage shares split, and breakdowns were determined using secondary sources and verified through Primary sources. All possible parameters that affect the markets covered in this research study have been accounted for, viewed in extensive detail, verified through primary research, and analyzed to get the final quantitative and qualitative data.

Global Avionics Market Segmental Analysis

Global Avionics Market is segmented by system, platform, end user and region. Based on systems, the market is segmented into hardware (flight control systems, navigation systems, communication systems, monitoring systems) and software (flight management software, simulation software, mission planning software). Based on platform, the market is segmented into commercial (passenger aircraft, cargo aircraft), military (fighter jets, transport aircraft, UAVs (unmanned aerial vehicles)), business jets & general aviation (light aircraft, business jets) and helicopters (civil helicopters, military helicopters). Based on end user, the market is segmented into OEM (original equipment manufacturer) (aircraft manufacturers, avionics system manufacturers), aftermarket (maintenance, repair, and overhaul (MRO) services, upgrades and retrofits). Based on region, the market is segmented into North America, Europe, Asia Pacific, Latin America and Middle East & and Africa.

Driver of the Global Avionics Market

The Global Avionics market is primarily driven by significant technological advancements that have revolutionized the industry. Innovations in areas such as in-flight entertainment, glass cockpits, and health monitoring systems have contributed to market growth. The increasing demand for data analytics, particularly in developed regions like North America and Europe, is another key factor propelling the market forward. Enhanced data processing capabilities through real-time analytics facilitate informed decision-making in aviation. Moreover, the anticipated rise in passenger traffic, particularly in commercial aviation, will further fuel demand for modernized aircraft equipped with sophisticated avionics systems, such as communication, navigation, and surveillance technologies. This trend necessitates the replacement of outdated systems in military aircraft, as advanced avionics are essential for meeting contemporary battlefield challenges and ensuring competitive edge through modernization initiatives. As a result, these factors collectively drive substantial growth in the Global Avionics market.

Restraints in the Global Avionics Market

The global avionics market faces several significant restraints that impact its growth and development. Key concerns include increasing raw material costs and reductions in defense funding, which limit expenditures on avionic systems. Additionally, the complexity of these systems contributes to high production and operational costs for commercial airplanes, as their sophisticated nature elevates overall avionics expenses. Maintenance costs also remain substantial, driven primarily by the integration of various systems such as navigation, flight management, engine health monitoring, and surveillance. Furthermore, technical challenges related to dependability, reliability, and the need to minimize processing interference are expected to influence the aerospace avionics market's size and potential.

Market Trends of the Global Avionics Market

The Global Avionics market is witnessing a significant trend driven by the collaborative efforts between aircraft Original Equipment Manufacturers (OEMs) and avionics manufacturers in developing advanced flight control systems for next-generation aircraft. This partnership aims to enhance autonomous operations for both manned and unmanned aircraft, signaling a shift towards smarter aviation. Furthermore, the integration of innovative technologies such as artificial intelligence (AI) and big data analytics into avionics systems is becoming pivotal, allowing for improved performance, safety, and efficiency in flight operations. As these technologies evolve, they are expected to reshape the landscape of the avionics market and propel its growth in the coming years.

Table of Contents

Introduction

• Objectives of the Study
• Scope of the Report
• Definitions

Research Methodology

• Information Procurement
• Secondary & Primary Data Methods
• Market Size Estimation
• Market Assumptions & Limitations

Executive Summary

• Global Market Outlook
• Supply & Demand Trend Analysis
• Segmental Opportunity Analysis

Market Dynamics & Outlook

• Market Overview
• Market Size
• Market Dynamics
  • Driver & Opportunities
  • Restraints & Challenges
• Porters Analysis & Impact
  • Competitive rivalry
  • Threat of substitute
  • Bargaining power of buyers
  • Threat of new entrants
  • Bargaining power of suppliers

Key Market Insights

• Key Success Factors
• Degree of Competition
• Top Investment Pockets
• Market Ecosystem
• Market Attractiveness Index, 2023
• PESTEL Analysis
• Macro-Economic Indicators
• Value Chain Analysis
• Pricing Analysis
• Regulatory Landscape
• Patent Analysis
• Case Studies

Global Avionics Market Size by System & CAGR (2024-2031)

• Market Overview
• Hardware
  • Flight Control Systems
  • Navigation Systems
  • Communication Systems
  • Monitoring Systems
• Software
  • Flight Management Software
  • Simulation Software
  • Mission Planning Software

Global Avionics Market Size by Platform & CAGR (2024-2031)

• Market Overview
• Commercial
  • Passenger Aircraft
  • Cargo Aircraft
• Military
  • Fighter Jets
  • Transport Aircraft
  • UAVs (Unmanned Aerial Vehicles)
• Business Jets & General Aviation
  • Light Aircraft
  • Business Jets
• Helicopters
  • Civil Helicopters
  • Military Helicopters

Global Avionics Market Size by End User & CAGR (2024-2031)

• Market Overview
• OEM (Original Equipment Manufacturer)
  • Aircraft Manufacturers
  • Avionics System Manufacturers
• Aftermarket
  • Maintenance, Repair, and Overhaul (MRO) Services
  • Upgrades and Retrofits

Global Avionics Market Size & CAGR (2024-2031)

• North America, (System, Platform, End User)
  • US
  • Canada
• Europe, (System, Platform, End User)
  • UK
  • Germany
  • Spain
  • France
  • Italy
  • Rest of Europe
• Asia-Pacific, (System, Platform, End User)
  • China
  • India
  • Japan
  • South Korea
  • Rest of Asia Pacific
• Latin America, (System, Platform, End User)
  • Brazil
  • Rest of Latin America
• Middle East & Africa, (System, Platform, End User)
  • GCC Countries
  • South Africa
  • Rest of Middle East & Africa

Competitive Intelligence

• Top 5 Player Comparison
• Market Positioning of Key Players, 2023
• Strategies Adopted by Key Market Players
• Recent Developments in the Market
• Company Market Share Analysis, 2023
• Company Profiles of All Key Players
  • Company Details
  • Product Portfolio Analysis
  • Company's Segmental Share Analysis
  • Revenue Y-O-Y Comparison (2021-2023)

Key Company Profiles

• Honeywell International Inc.
  • Company Overview
  • Business Segment Overview
  • Financial Updates
  • Key Developments
• Thales Group
  • Company Overview
  • Business Segment Overview
  • Financial Updates
  • Key Developments
• Garmin Ltd.
  • Company Overview
  • Business Segment Overview
  • Financial Updates
  • Key Developments
• BAE Systems
  • Company Overview
  • Business Segment Overview
  • Financial Updates
  • Key Developments
• Raytheon Technologies Corporation
  • Company Overview
  • Business Segment Overview
  • Financial Updates
  • Key Developments
• L3Harris Technologies, Inc.
  • Company Overview
  • Business Segment Overview
  • Financial Updates
  • Key Developments
• General Electric Company (GE Aviation)
  • Company Overview
  • Business Segment Overview
  • Financial Updates
  • Key Developments
• Safran S.A.
  • Company Overview
  • Business Segment Overview
  • Financial Updates
  • Key Developments
• Northrop Grumman Corporation
  • Company Overview
  • Business Segment Overview
  • Financial Updates
  • Key Developments
• Elbit Systems Ltd.
  • Company Overview
  • Business Segment Overview
  • Financial Updates
  • Key Developments
• Leonardo S.p.A.
  • Company Overview
  • Business Segment Overview
  • Financial Updates
  • Key Developments
• Diehl Aerospace GmbH
  • Company Overview
  • Business Segment Overview
  • Financial Updates
  • Key Developments
• Curtiss-Wright Corporation
  • Company Overview
  • Business Segment Overview
  • Financial Updates
  • Key Developments
• Cobham Limited
  • Company Overview
  • Business Segment Overview
  • Financial Updates
  • Key Developments
• Universal Avionics Systems Corporation
  • Company Overview
  • Business Segment Overview
  • Financial Updates
  • Key Developments
• Meggit PLC
  • Company Overview
  • Business Segment Overview
  • Financial Updates
  • Key Developments
• Astronics Corporation
  • Company Overview
  • Business Segment Overview
  • Financial Updates
  • Key Developments
• Esterline Technologies Corporation
  • Company Overview
  • Business Segment Overview
  • Financial Updates
  • Key Developments
• Teledyne Technologies Incorporated
  • Company Overview
  • Business Segment Overview
  • Financial Updates
  • Key Developments
• Avidyne Corporation
  • Company Overview
  • Business Segment Overview
  • Financial Updates
  • Key Developments

Conclusion & Recommendation