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Aerospace Avionics Market Trends

Report ID: GMI2372 Published Date: January 2025Report Format: PDF
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Aerospace Avionics Market Trends

The market has shown several important changes in recent years. Companies are moving toward performance-based logistics models that focus on making systems more reliable while reducing operating costs. Aircraft manufacturers now want advanced avionics systems that use artificial intelligence and automation to work better, predict maintenance needs, and improve safety.

As market pushes for more fuel-efficient and electric aircraft, companies are developing lighter and more energy-efficient avionics, especially for electric vertical takeoff and landing aircraft and unmanned aerial vehicles. With aircraft becoming more connected, protecting against cyber threats has become essential, leading to more secure avionics systems that safeguard data and ensure safe operations. These changes show how the aerospace industry is moving toward smarter, more sustainable, and secure avionics solutions.

The market faces several constraints, including substantial development costs, regulatory requirements, and challenges in integrating new technologies with existing systems. Aviation safety standards from regulatory bodies like the FAA and EASA extend product approval timelines and increase compliance expenses, while high costs of research, development, and certification create barriers for smaller companies.

Author: Suraj Gujar , Partha Paul
Frequently Asked Question(FAQ) :

Who are some of the prominent players in the aerospace avionics industry?+

Key players in the aerospace avionics industry include Astronautics Corporation, BAE Systems, Curtiss-Wright, Elbit Systems, Garmin, General Electric, Honeywell, L3Harris, Leonardo, Meggitt, Northrop Grumman, and Raytheon.

How much is the North America aerospace avionics industry worth?+

The North America aerospace avionics market dominated the industry and is expected to exceed USD 44.5 billion by 2034, supported by advancements in situational awareness, communication, and networking capabilities.

What is the market share of the commercial aviation segment in aerospace avionics?+

The commercial aviation segment accounted for over 66% of the aerospace avionics industry in 2024 and is expected to grow significantly due to the adoption of advanced avionics systems and connected technologies.

How big is the aerospace avionics market?+

The global aerospace avionics industry was valued at USD 47.5 billion in 2024 and is projected to grow at a 9.6% CAGR from 2025 to 2034, driven by increasing demand for electric and hybrid-electric aircraft.

Aerospace Avionics Market Scope

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