Aerospace Avionics Market Size

The global aerospace avionics market was valued at USD 47.5 billion in 2024 and is estimated to grow at a CAGR of 9.6% from 2025 to 2034. The market is transforming as demand grows for electric and hybrid-electric aircraft.

The aviation industry's emphasis on sustainability has boosted the adoption of electric fixed-wing and vertical takeoff and landing (eVTOL) aircraft, which reduce both operational costs and emissions. These aircraft now serve multiple purposes - from military operations and cargo transport to passenger services and medical transportation. Advanced avionics systems, particularly integrated flight decks and cockpit communication systems, play a vital role in maintaining operational safety and reliability.

The aerospace avionics industry is transforming through the integration of automation, artificial intelligence (AI), and data analytics to enhance flight safety, efficiency, and operations. Modern aircraft now use AI-driven flight management systems, predictive maintenance, and real-time data analysis to improve decision-making and reduce aircraft downtime. Cloud computing and networked systems enable better connectivity between aircraft, ground operations, and various onboard systems for both commercial and military aircraft.

With the increasing presence of unmanned aerial vehicles (UAVs) and eVTOL aircraft, avionics systems now support autonomous operations with improved navigation, collision avoidance, and flight control capabilities.