Military Aircraft Avionics Market by End User (OEM and Aftermarket), System (Communication, Aircraft Flight Control, Navigation & Monitoring, Collision Avoidance, Weather and Others), and Aircraft Type (Combat Aircraft, Transport Aircraft, Rotorcraft, and UAVS): Global Opportunity Analysis and Industry Forecast, 2022-2029
Military Aircraft Avionics Market Outlook – 2027
The global military aircraft avionics market is experiencing a significant growth, and will grow considerably due to increasing military fleet of developing countries. Military aircraft avionics systems comprise various electronic systems and vast array of sensors installed in the aircraft as well as integrated into the cockpit to execute specialized functions such as communication, navigation, and monitoring the aircraft functions. Especially, these components play a vital role during situations of war during which the aircraft operator has to maintain a high level of situational awareness. Currently, advanced military avionics systems include more software and less hardware, which favors the maintenance requirements.
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COVID-19 scenario analysis:
COVID-19 pandemic has forced governments around the world to refrain from mobilizing military personnel to prevent the spread of disease, hence slowing down military movement and reduced usage of military aircrafts.
The delay in order processing and procurement due to supply chain restrictions caused by the COVID-19 has put hold on all ongoing military aircraft avionics projects.
Governments are diverting all economic resources to combat COVID-19 scenario, at the same time military organizations are left with huge budgetary constraints impacting ongoing aircraft avionics upgradation.
The lockdown and social distancing imposed by authorities to contain the COVID-19 will negatively impact military aircraft avionics system training of the personnel.
Military has been called to aid in COVID-19 crisis by respective countries, consequently diverting all focus on civilian aid, rendering combat aircraft avionics impractical in short term.
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Military Aircraft Avionics Market Report Highlights
| Segments | Sub-segments |
|---|---|
| By End User | OEMAftermarket |
| By System | CommunicationAircraft Flight ControlNavigation & MonitoringCollision AvoidanceWeatherOthers |
| By Aircraft Type | Combat AircraftTransport AircraftRotorcraftUAVS |
| By Region | North America (US, Canada)Europe (Germany, UK, France, rest of Europe)Asia-Pacific (China, Japan, India, rest of Asia-Pacific)Latin America (Brazil, Mexico, rest of LATAM)the Middle East Africa |
| Key Market Players | ALTI Aviation, Appareo Systems LLC, Apsen Avionics Inc., Avidyne Corporation, BAE Systems plc, Cobham plc, Thales Group, The Boeing Company, L3 Avionics System, Genesys Aerosystems. |
Key benefits of the report:
- This study presents the analytical depiction of the global military aircraft avionics industry along with the current trends and future estimations to determine the imminent investment pockets.
- The report presents information related to key drivers, restraints, and opportunities along with detailed analysis of the global military aircraft avionics market share.
- The current market is quantitatively analyzed from 2020 to 2027 to highlight the global military aircraft avionics market growth scenario.
- Porter’s five forces analysis illustrates the potency of buyers & suppliers in the market.
- The report provides a detailed global military aircraft avionics market analysis based on competitive intensity and how the competition will take shape in coming years.
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Questions answered in the military aircraft avionics market research report:
- What are the leading market players active in the military aircraft avionics market?
- What the current trends will influence the market in the next few years?
- What are the driving factors, restraints, and opportunities in the market?
- What are the projections for the future that would help in taking further strategic steps?
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