Get a free sample of Flight Management System (FMS) Market
Thank you!
Your inquiry has been received. Our team will reach out to you with the required details via email. To ensure that you don't miss their response, kindly remember to check your spam folder as well!
Form submitted successfully!
Error submitting form. Please try again.
Get a free sample of Flight Management System (FMS) Market
Thank you!
Your inquiry has been received. Our team will reach out to you with the required details via email. To ensure that you don't miss their response, kindly remember to check your spam folder as well!
Form submitted successfully!
Error submitting form. Please try again.
Flight Management System Market Share
Honeywell International focuses on innovative aerospace technologies, providing advanced flight management systems that enhance navigation, safety, and operational efficiency. Their solutions leverage automation and data analytics, improving pilot decision-making and fuel management. Honeywell's commitment to sustainability drives ongoing developments in eco-friendly aviation technologies, aligning with industry demands for reduced environmental impact.
Thales develops cutting-edge avionics systems, including comprehensive flight management solutions that integrate seamlessly with aircraft operations. Their emphasis on cybersecurity ensures robust protection against emerging threats in the aviation sector. By investing in research and development, Thales aims to enhance passenger safety and streamline operations, catering to the evolving needs of airlines and aerospace manufacturers worldwide.
Flight Management System Market Companies
Major players operating in the flight management system industry are:
- Airbus SE
- Boeing
- Garmin Ltd.
- General Electric Company
- Honeywell International Inc.
- L3Harris Technologies
- Leonardo S.p.A.
- NAITEC S.R.L.
- Rockwell Collins
- Safran Electronics & Defense
- SKYbrary Aviation Safety
- Thales
- Universal Avionics Systems Corporation
Who are the major players in the flight management system industry?
Major players in the industry include Airbus SE, Boeing, Garmin Ltd., General Electric Company, Honeywell International Inc., L3Harris Technologies, and Leonardo S.p.A.
How much is the North America flight management system market worth?
North America market held a 35.4% share in 2023 and is expected to maintain its dominant position, driven by substantial investments in aviation technology and infrastructure.
What was the market share of the hardware segment in the flight management system industry in 2023?
The hardware segment accounted for the largest market share of 45.3% in 2023, driven by the need for reliable and high-performance aviation operations.
How big is the global flight management system market?
The global market size for flight management system was valued at USD 4.2 billion in 2023 and is expected to reach USD 8.1 billion by 2032, driven by a CAGR of 7.7% from 2024 to 2032.