Global Commercial Avionics Systems Market involves the study of various sub-systems such as flight management, flight control, health monitoring, electrical & emergency, and communication, navigation, & surveillance systems. There is a growing need for real-time data and navigation systems in the commercial avionics systems industry.

Over the years, the aviation industry has witnessed continuous growth in the development of commercial avionics systems. These systems incorporate several sub-systems such as flight management, flight control, health monitoring, electrical & emergency systems, and communication, navigation & surveillance systems. The collective operation of these sub-systems impacts the overall performance of the aircraft.
Factors such as growth in emerging economies, emergence of advanced avionics systems for Nextgen aircraft, increasing number of aircraft orders, and need for real-time data have induced growth in the commercial avionics systems market. However, the regulatory framework and vulnerability to cyberattacks are the possible hindrances to the growth of the market.

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Major Market Players:
• UNITED TECHNOLOGIES CORPORATION
• THALES GROUP
• GE AVIATION
• GARMIN LTD.
• ROCKWELL COLLINS
• HONEYWELL INTERNATIONAL INC.
• L-3 COMMUNICATIONS HOLDINGS, INC.
• PANASONIC AVIONICS CORPORATION
• UNIVERSAL AVIONICS SYSTEMS CORPORATION
• TELEDYNE TECHNOLOGIES, INC.

NextGen avionics upgrades are crucial for the aviation industry as it helps the Federal Aviation Administration (FAA) for capacity expansion of the National Airspace System (NAS) along with improving the fuel efficiency. Further, the latest technological leap in the aviation industry – the introduction of Automatic Dependent Surveillance Broadcast (ADS-B) that is able to transmit extremely accurate positional information is anticipated to propel the market growth in the recent years.

Technological advancements have positively impacted the global commercial avionics systems market. Further, innovations such as in-flight entertainment, glass cockpit, and other advancements have supplemented the growth of the market globally. The increasing demand for data analytics in the aviation industry has been a prime driver for the commercial avionics systems market growth particularly in the North American and European region, where the industry is enough progressive to incorporate such advancements. Real-time data analytics enables quick data processing rates which helps in decision-making for the industry. Over the coming years, the impact of this factor is anticipated to remain high.

Over the years, the aviation industry has witnessed continuous growth in the development of commercial avionics systems. These systems incorporate several sub-systems such as flight management, flight control, health monitoring, electrical & emergency systems, and communication, navigation & surveillance systems. The collective operation of these sub-systems impacts the overall performance of the aircraft.

Factors such as growth in emerging economies, emergence of advanced avionics systems for Nextgen aircraft, increasing number of aircraft orders, and need for real-time data have induced growth in the commercial avionics systems market. However, the regulatory framework and vulnerability to cyberattacks are the possible hindrances to the growth of the market.
The report focuses on the growth prospects and restraints of the market based on the analysis of regional trends. The study provides Porters five forces analysis of the market to understand the impact of factors such as bargaining power of suppliers, competitive intensity of competitors, threat of new entrants, threat of substitutes, and bargaining power of buyers on the growth of the market.

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