According to a new market research report published by Credence Research “Commercial Avionics Market (By System Type– Flight Control and Management Systems, Display Suites, Radio Tuning and Communication Systems, In-flight Entertainment Systems; By Channel: Forward Fit and Retrofit; By Aircraft Type: Fixed Wing and Rotary Wing) – Growth, Future Prospects, Competitive Analysis and Forecast 2017 – 2025”, the global commercial avionics market was valued at US$ 16.7 Bn in 2016 and is expected to grow at a CAGR of 7.1% during the forecast period from 2017 to 2025.
The purpose of the report is to illustrate the state of the market of Sterile Injectables, to present actual information about the volumes of production, exports, imports, consumption and the state of the market, the changes that took place in 2017, and also, to build a forecast for the growth of the industry in the medium term until 2026.
Browse here for full report: https://www.credenceresearch.com/report/commercial-avionics-market
Commercial avionics industry has witnessed sustainable growth in the recent on account of various factors such as continued demand for commercial aircrafts across the world. However, with technological advancements and rise of stringent norms towards to the use of advanced electronics in aircrafts, the commercial avionics market is expected to witness significant growth in the following years. The ADS-B Mandate being adopted by numerous key markets North America, Europe and Asia Pacific is expected to drive the demand for advanced solutions in various fixed and rotary wing aircrafts. Furthermore, rising vulnerability towards terror attacks and instances of aircrafts diverting from their planned route have led to numerous concerns pertaining to aircraft safety. With the use of latest flight control and management systems, airline operators can ensure higher degree of safety and security of both aircraft and passengers.
Some of the other key growth segments in the overall commercial avionics market include display suites and in-flight entertainment systems. The display suites are comprised of numerous types of display consoles such as head-up displays, flight displays and head mounted displays which offer ease access to flight information to the pilots. Rising demand for head mounted displays especially from the small fixed wing and rotary wing aircraft segment is expected to drive the overall display suites market. Furthermore, increasing demand for entertainment and connectivity from the on-board passengers is driving the in-flight entertainment systems market across the world. Numerous leading airline operators have already deployed in-flight entertainment systems in order to leverage additional stream of revenue.
The global commercial avionics market is fairly consolidated with several leading manufacturers of commercial avionics providing forward fit solutions to aircraft manufacturers. However, there is also a large presence of numerous niche players which offer retrofit solutions enabling higher degree of customization and specialization for the aircraft manufacturers and airline operators. Some of the key players in the commercial avionics market include Honeywell International, Inc., Universal Avionics Systems Corporation, Rockwell Collins, Inc., Thales Group, GE Aviation, L3 Technologies, Inc., Cobham PLC, Saab AB, UTC Aerospace Systems, Teledyne Technologies Incorporated, Garmin Ltd., Esterline Technologies Corporation, Meggitt Avionics and Panasonic Avionics Corporation.
Why was the report written?
This report is the result of an extensive survey drawn from Credence Research’s exclusive panel of leading global market industry executives; it provides data and analysis on buyer investment, acquisition, and developments within the global market research. It includes key topics such as global Sterile Injectables buyer expenditure and procurement behaviors and strategies and recognizes the threats and possibilities within the industry, economic outlook trends, and business confidence within global industry executives. Most secondary research reports are based on general industry drivers and do not understand the industry executives’ attitude and changing behaviors, creating a gap in presenting the business outlook of the industry; in an effort to bridge this gap, Credence Research created this primary research-based report by gathering the opinions of multiple stakeholders in the value chain of the global industry.
What is the current market landscape and what is changing?
Executives from the global industry anticipate an increase in levels of consolidation, with 55% of respondents projecting an increase in merger and acquisition (M&A) activities in 2017.
The report on the market of Commercial Avionics contains:
Analysis and forecast of Sterile Injectables market dynamics;
Analysis of domestic production, market shares of the main market players;
Analysis of exports and imports;
Analysis of factors, leading the development of the Sterile Injectables market;
Assessment and forecast of Sterile Injectables market development;
Financial and business profiles of the leading companies in the Sterile Injectables industry.
– Up to date working Sterile Injectables data by major regions in the world, the forecast of planned capacity additions by 2026
– The annual breakdown of capital expenditure spending on proposed Sterile Injectables for the period 2018 to 2026
– Planned Sterile Injectables additions and capital expenditure spending by key countries and companies across the world
– Planned capital expenditure spending on new Sterile Injectables projects by region, key countries, and companies
– Details of major planned Sterile Injectables projects in the world up to 2026
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