|
|
(Transportation-News.com, December 08, 2016 ) According to Publisher, the Global Flight Management System market accounted for $6.32 Billion in 2015 and it is expected to reach $10.6 Billion by 2022 growing at a CAGR of 7.5%. High demand for aircraft, emergence of the auto-ground collision avoidance system and development of glass cockpits are the factors driving the market. However, security concerns due to cyber-attacks and inflexible safety regulations may hinder the market growth. The introduction of new aircraft will facilitate airlines to reinforce their existing competitive strategies and may allow them to develop capabilities that enable new ways to grow in the market. Technological advancements for heavy data storage and high operational efficiency may create an opportunity to the flight management system market.
The visual display unit segment accounted for the largest share of the flight management systems market during the forecast period. This is mainly attributed to the demand of lightweight and technologically advanced displays. North America accounted for the largest share in market owing to the demand for advanced required navigation performance systems and next generation flight management systems. While, Asia Pacific is expected to grow at a highest CAGR due to its cost effectiveness and increase in aircraft orders as well as deliveries in emerging economies such as India and China.
For more information http://www.reportsweb.com/flight-management-system-global-market-outlook-2016-2022 .
Some of the key players in global flight management system market include Esterline Technologies Corporation, Garmin Ltd, Thales Group, General Electric, Universal Avionics Systems Corporation, Honeywell International Inc., Jeppesen Sanderson, Inc., Rockwell Collins, Leonardo-Finmeccanica S.p.A, Navtech, Inc., Lufthansa Systems, BAE System and Cobham Plc.
Hardwares Covered:
- Flight Management Computer (FMC)
-Control Display Unit (CDU)
-Visual Display Unit (VDU)
Maintenance Covered:
-Retro-Fit
-Line-Fit
Cockpit Architecture Covered:
-Wide-Body (WB) Aircraft
-Very Large Aircraft (VLA)
-Narrow Body (NB) Aircraft
-Regional Transport Aircraft (RTA)
Regions Covered:
-North America
-US
-Canada
-Mexico
-Europe
-Germany
-France
-Italy
-UK
-Spain
-Rest of Europe
-Asia Pacific
-Japan
-China
-India
-Australia
-New Zealand
-Rest of Asia Pacific
-Rest of the World
-Middle East
-Brazil
-Argentina
-South Africa
-Egypt
Request Sample Copy http://www.reportsweb.com/inquiry&RW0001390876/sample .
10 Company Profiling
10.1 Esterline Technologies Corporation
10.2 Garmin Ltd.
10.3 Thales Group
10.4 General Electric
10.5 Universal Avionics Systems Corporation
10.6 Honeywell International Inc.
10.8 Jeppesen Sanderson, Inc.
10.9 Rockwell Collins
10.10 Leonardo-Finmeccanica S.p.A
10.11 Navtech, Inc.
10.12 Lufthansa Systems
10.13 BAE System
10.14 Cobham Plc
Make an enquiry: http://www.reportsweb.com/inquiry&RW0001390876/buying .
ReportsWeb.com
Priya Sisodia
+1-646-491-9876
sales@reportsweb.com
Source: EmailWire.Com 
Source: EmailWire.com
|
