Military Aircraft Avionics Market Research Report covers the present scenario and the growth prospects of the Military Aircraft Avionics Industry for 2016-2021. Military Aircraft Avionics Market, has been prepared based on an in-depth market analysis with inputs from industry experts.
The report covers the market landscape and its growth prospects over the coming years and discussion of the key vendors effective in this market. To calculate the market size, the report considers the revenue generated from the sales of Military Aircraft Avionics globally.
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The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors. The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry.
Following Companies Are Key Players of the Military Aircraft Avionics Market:
• Honeywell Aerospace
• Rockwell Collins
Other Prominent Vendors of Military Aircraft Avionics Market Are:
• Aspen Avionics
• Elbit Systems
• ENSCO Avionics
• Hilton Software
• L-3 Avionic systems
“The latest trend gaining momentum in the market is SWaP avionic systems. Avionics has seen a rapid change in the way they are presented and operated, and the role they perform in the aviation industry. One of the most sought-after trends in avionics is the SWaP avionic systems which include small size, less weight, and less power consumption electronic devices. The vendors for military avionics are focusing on creating efficient, smaller, and less expensive subsystems like the shrinking bus board.”
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According to the report, one of the major drivers for this market is greater focus on flight safety. In the early 2000s, NASA had envisioned NASA AvSP in partnership with the FAA, the US DoD, aircraft manufacturers, airlines, and universities in the US. The program’s goal was to reduce the fatal aircraft accident rate by 90% in two and a half decades in the US. Several countries (respective air force) also give high priority to the improvement of flight safety and reliability. This requirement to improve aviation safety and reliability boosts the global military aircraft avionics market as it has been proven to enhance situational awareness for pilots.
Report also presents Geographical Segmentation analysis of Military Aircraft Avionics Market of Americas, APAC, EMEA region.
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Further, the report states that one of the major factors hindering the growth of this market is challenges with retrofitting. Advancements in the field of avionics are dynamic in nature and are taking a toll on the aircraft and its military expenditure. It takes almost five years for new technologies to replace the old. GPS systems came into existence in replacement for conventional gyroscope a decade back, and now GPS is being replaced with INS and precision navigation systems. These systems help the pilot in navigation, positioning, and timing, which is essential for any military aircraft. With such rapid changes, the industry faces a number of challenges.
Key questions answered in Military Aircraft Avionics market report:
No of Pages: 68
Price of Report: $ 3500 (Single User License)
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