How big is the Commercial Aircraft Avionics Market?

The Commercial Aircraft Avionics Market size is expected to reach USD 34.43 billion in 2024 and grow at a CAGR of 4.17% to reach USD 42.23 billion by 2029. Read More

What is the current Commercial Aircraft Avionics Market size?

In 2024, the Commercial Aircraft Avionics Market size is expected to reach USD 34.43 billion. Read More

Who are the key players in Commercial Aircraft Avionics Market?

Honeywell International Inc., General Electric Company, Raytheon Technologies Corporation, THALES and Safran are the major companies operating in the Commercial Aircraft Avionics Market. Read More

Which is the fastest growing region in Commercial Aircraft Avionics Market?

Asia Pacific is estimated to grow at the highest CAGR over the forecast period (2024-2029). Read More

Which region has the biggest share in Commercial Aircraft Avionics Market?

In 2024, the North America accounts for the largest market share in Commercial Aircraft Avionics Market. Read More

What years does this Commercial Aircraft Avionics Market cover, and what was the market size in 2023?

In 2023, the Commercial Aircraft Avionics Market size was estimated at USD 33.05 billion. The report covers the Commercial Aircraft Avionics Market historical market size for years: 2019, 2020, 2021, 2022 and 2023. The report also forecasts the Commercial Aircraft Avionics Market size for years: 2024, 2025, 2026, 2027, 2028 and 2029. Read More

Commercial Aircraft Avionics Systems Market

Commercial Aircraft Avionics Systems Market Size & Share Analysis - Growth Trends & Forecasts (2024 - 2029)

The Report Covers Global Aircraft Avionics Market Revenue & Forecast. The Market is Segmented by Subsystem (Health Monitoring Systems, Flight Management, and Control Systems, Communication and Navigation, Cockpit Systems, Visualizations, and Display Systems, and Other Subsystems), Aircraft Type (Narrowbody, Widebody, and Regional Aircraft), Fit (Line fit and Retrofit), and Geography (North America, Europe, Asia-Pacific, Latin America, and Middle-East and Africa). The market size and forecast are provided in terms of value (USD billion) for all the above segments.

Commercial Aircraft Avionics Systems Industry Overview

The commercial aircraft avionics market is moderately fragmented in nature due to the presence of a large number of avionics systems providers. Raytheon Technologies Corporation, General Electric Company, Honeywell International Inc., Safran, and THALES are some of the prominent players in the market. The market share of the active players is boosted by the high delivery volumes of commercial aircraft. The market dominance of key OEMs is supported through relentless R&D of high-performance avionic components and subsystems that render their products superior and ensure adherence to required safety standards. The availability of several variants and continuous product development cycles enables the enhanced operating life of such systems.

For instance, in June 2023, at the Paris Air Show, Embraer Services & Support launched the next-generation version of its aircraft health analysis and diagnosis (AHEAD) system for its E-Jets. This AHEAD system will integrate and analyze trends from several systems, such as landing gear, navigation, pneumatics, etc., and can detect anomalies and identify potential issues before they become critical.