Global Avionics Market size was valued at USD 2.6 billion in 2023. It is likely to grow up to USD 4.8 billion by 2030 at a CAGR of 4.2 % during the forecast period ranging between 2025 and 2030.
Global Avionics Market size was valued at USD 2.6 billion in 2023. It is likely to grow up to USD 4.8 billion by 2030 at a CAGR of 4.2 % during the forecast period ranging between 2025 and 2030.
The electronic systems found in airplanes and spaceships are known as avionics. It has radar, autopilot, communication, and navigation systems. Satellite-based connection and contemporary software form the foundation of this technology. Digital flight control, real-time data analytics, and autopilot are becoming more and more important every day. Integrating AI and machine learning into the current avionics systems can improve flight safety and efficiency, two of the most important problems. More efficient and lightweight electronic avionics systems are becoming more and more necessary as e-aviation and electric aircraft adoption increase. The expansion of passenger safety and entertainment systems in civil aviation, the trend toward eco-friendly and fuel-efficient electronic systems, the use of avionics by low-cost carriers for technological upgrades, the growing demand for air travel in emerging nations, the growing need for connectivity, advanced satellite and in-flight communication, and the modularity an
d upgradeability of avionics systems are some of the other major growth drivers and trends. However, high cost and technological complexity is hindering the market growth.
Browse market data Tables and Figures spread through 136 Pages and in-depth TOC on Global Avionics Market By System (Flight Control Systems, Communication Systems, Navigation Systems, Monitoring Systems and Weather Systems), By Platform (Commercial Aviation, Military Aviation, Business Jets, General Aviation and Helicopters), by Fit (Line Fit and Retrofit), By End User (Defense and Civil) and By Geography (North America, Europe, Asia Pacific, Rest of the World) - Forecast from 2025 to 2030.
Global Avionics Market Segmentation and Key Players
|
Segment / Key Players |
Categorization |
|
System |
Flight Control Systems, Communication Systems, Navigation Systems, Monitoring Systems and Weather Systems |
|
Platform |
Commercial Aviation, Military Aviation, Business Jets, General Aviation and Helicopters |
|
Fit |
Line Fit and Retrofit |
|
End User |
Defense and Civil |
|
Key Players |
Honeywell International Inc., Collins Aerospace (Rockwell Collins), Thales Group, Raytheon Technologies Corporation, Garmin Ltd., BAE Systems plc, Safran S.A., RTX Corporation General Electric Company, Cobham plc, Elbit Systems Ltd., Universal Avionics Systems Corporation |
By system, flight control dominated the global avionics market.
Flight Control Systems is the fastest growing segment as they have become essential for automated flight, stability, and safety.
"North America dominated the global avionics market."
North America is the most prominent region as it is home to major aircraft manufacturers and high investments in defense innovation.
Recent Developments By the key Players
In order to incorporate Shield AI capabilities into specific RTX defense technologies, such as sensors and loitering munitions, RTX and Shield AI established a new alliance. This partnership will provide the defense forces of the United States and its allies with improved, independent capabilities.
Cobham Advanced Electronic Solutions (CAES) achieved a major milestone when it acquired Meggitt PLC, a leading aircraft systems company based in the UK. Cobham's position in the aerospace industry is strengthened by this action, especially in the high-tech defense system components market.
Some of the major players in this market are Honeywell International Inc., Collins Aerospace (Rockwell Collins), Thales Group, Raytheon Technologies Corporation, Garmin Ltd., BAE Systems plc, Safran S.A., RTX Corporation General Electric Company, Cobham plc, Elbit Systems Ltd., Universal Avionics Systems Corporation
Global Avionics Market coverage (By Value)
- System Insight and Forecast 2025 - 2030
- Light Control Systems
- Communication Systems
- Navigation Systems
- Monitoring Systems
- Weather Systems
- Platform Insight and Forecast 2025 - 2030
- Commercial Aviation
- Military Aviation
- Business Jets
- General Aviation
- Helicopters
- Fit Insight and Forecast 2025 - 2030
- Line Fit
- Retrofit
- End User Insight and Forecast 2025 - 2030
- Defense
- Civil
Geographical Segmentation
Global Avionics Market by Region
- North America
- U.S.
- Canada
- Mexico
- Europe
- Germany
- U.K.
- France
- Italy
- Spain
- Russia
- Rest of Europe
- Asia-Pacific (APAC)
- China
- Japan
- India
- South Korea
- Vietnam
- Thailand
- Malaysia
- Rest of Asia-Pacific
- Rest of the World (RoW)
- Brazil
- Saudi Arabia
- South Africa
- U.A.E.
- Other Countries