How big is the Europe Aircraft Avionics Market?

The Europe Aircraft Avionics Market size is expected to reach USD 18.46 billion in 2024 and grow at a CAGR of 5.37% to reach USD 25.32 billion by 2029. Read More

What is the current Europe Aircraft Avionics Market size?

In 2024, the Europe Aircraft Avionics Market size is expected to reach USD 18.46 billion. Read More

Who are the key players in Europe Aircraft Avionics Market?

Cobham plc, LATECOERE S.A, Safran SA, L3Harris Technologies Inc. and RTX Corporation are the major companies operating in the Europe Aircraft Avionics Market. Read More

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

In 2023, the Europe Aircraft Avionics Market size was estimated at USD 17.47 billion. The report covers the Europe Aircraft Avionics Market historical market size for years: 2019, 2020, 2021, 2022 and 2023. The report also forecasts the Europe Aircraft Avionics Market size for years: 2024, 2025, 2026, 2027, 2028 and 2029. Read More

Europe Aircraft Avionics Market Size & Share Analysis - Industry Research Report

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

The Europe Aircraft Avionics Market Report is Segmented by Application (Commercial Aircraft, Military Aircraft, General Aviation Aircraft), and Geography (United Kingdom, Germany, France, Russia, and the Rest of Europe). The Report Offers Market Size and Forecast for all the Above Segments in Value (USD).

Europe Aircraft Avionics Industry Overview

The European aircraft avionics market is semi-consolidated in nature, with a presence of few local and global players holding significant shares in the market. Some of the prominent players in the market are Safran, Cobham plc, LATECOERE S.A, L3Harris Technologies Inc., and RTX Corporation. RTX Corporation's subsidiary Collins Aerospace is the major avionics provider to major aircraft programs of commercial, military, and general aviation segments for aircraft OEMs like Airbus and Boeing as the major players in the market sign long-term contracts with the aircraft original equipment manufacturers (OEMs), which makes it difficult for new players to enter the line-fit segment of the market. However, the other global and regional players that provide connectivity solutions, gauges and indicators, GPS, jammers, and other control systems for various flight activities occupy a significant part of the retrofit segment of the market.