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(Transportation-News.com, June 30, 2015 ) Avionics are electronics systems used in aircraft for communication, navigation, and various other flight critical applications. Avionics are one of the most expensive and highly critical components in modern aircraft. Modern avionics also aid in improved navigation and routing, provide enhanced situational awareness to pilots, and improve the ATM process.
The analysts forecast global commercial aircraft avionics system market to grow at a AGR of 4.90% during the period 2014-2019.
Covered in this Report
This report covers the current scenario and growth prospects of the global commercial aircraft avionics systems market for the period 2015-2019. It provides a global overview, market shares, market segmentation by aircraft type, and growth prospects by region (APAC, EMEA, and the Americas). It also presents the market landscape and a corresponding analysis of the prominent vendors in the market. In addition, it discusses the major drivers influencing the growth of the market. It also outlines the challenges faced by vendors and the market at large, as well as the key trends emerging in the market.
The report, Global Commercial Aircraft Avionics Systems Market 2015-2019, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers EMEA, the Americas, and APAC. The report also includes a discussion of the key vendors operating in this market.
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Key Regions
Americas
APAC
EMEA
Key Vendors
Cobham
Honeywell
Panasonic Avionics
Rockwell Collins
Thales
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Other Prominent Vendors
Curtiss-Wright
Elbit Systems
Garmin
GE Aviation
L-3 Communications
Universal Avionics System
Zodiac Aerospace
Market Driver
Demand for lightweight avionics systems
Market Challenge
Challenges associated with introduction of new technology
Market Trend
Airspace modernization program prompting avionics systems upgrade
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Key Questions Answered in this Report
What will the market size be in 2019 and what will the growth rate be
What are the key market trends
What is driving this market
What are the challenges to market growth
Who are the key vendors in this market space
What are the market opportunities and threats faced by the key vendors
What are the strengths and weaknesses of the key vendors
RnR Market Research
Ritesh Tiwari
+ 1-888-391-5441
sales@rnrmarketresearch.com
Source: EmailWire.Com 
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