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The latest report on Commercial Avionics Market by Infinium Global Research gives complete coverage of the commercial avionics market by system type (avionics full-duplex switched ethernet, surveillance, integrated modular avionics, cockpit, cabin, navigation, electrical systems, integrated modular avionics), aircraft types (fixed, rotary-wing aircrafts) in terms of key trends, market size, forecast and CAGR growth over the period of 2019 to 2025. In addition, the study covers deep dive into key product and applications trends in the regional markets of commercial avionics such as North America, Europe, Asia-Pacific and Latin America over the short run and long run.

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The Growing Demand for Upgrades of Avionics for Existing Aircraft and New Product Launches Encourages the Market Growth of the Industry

Avionics are electronics systems utilized in aircraft, artificial satellites, and spacecraft. The growing demand for upgrades of avionics for existing aircraft and new product launches encourages the market growth of the commercial avionics market. The leading players in the commercial avionics market are adopting strategies such as mergers, acquisitions, and new product launches that propel the growth of their market share. For instance, in 2019, Honeywell Aerospace acquired TruTrak Flight Systems is a leader in autopilots for certified aircraft and experimental light-sport.

 The rising aviation industry drives the growth of the commercial avionics market. The surge in demand for modular integrated avionics stimulates higher accessibility and control from the cockpit boosts the growth of the commercial avionics market. The rising demand for entertainment and connectivity from onboard passengers contributes to the growth of the commercial avionics market.

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Modern Glass Cockpits and Better In-Flight Entertainment Systems Create Several Opportunities

Furthermore, the increasing demand for head-mounted displays from rotary-wing aircraft and small fixed-wing promotes the growth of the commercial avionics market. On the flip side, high system maintenance costs hinder the growth of the commercial avionics market. Moreover, technological advancements such as modern glass cockpits and better in-flight entertainment systems create several opportunities for the growth of the commercial avionics market.

North America Is Anticipated To Hold a Premium Share

 Based on geography, the global commercial avionics market is classified into North America, Asia-Pacific, Europe, and the Rest of the World. North America is anticipated to hold a premium share in the global commercial avionics market. The rising aviation industry in North America contributes to the growth of the commercial avionics market in North America.

Asia-Pacific region is expected to grow in the global commercial avionics market with a significant CAGR over the forecast period. The growing aviation industry in countries like India, China stimulates the growth of the commercial avionics market in Asia-Pacific. Europe is expected to show considerable growth in the global commercial avionics market.

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Reasons to Buy this Report:

Comprehensive analysis of global as well as regional markets of the commercial avionics.
Complete coverage of all the product type and applications segments to analyze the trends, developments, and forecast of market size up to 2025.
Comprehensive analysis of the companies operating in this market. The company profile includes analysis of product portfolio, revenue, SWOT analysis and the latest developments of the company.
Infinium Global Research- Growth Matrix presents an analysis of the product segments and geographies that market players should focus to invest, consolidate, expand and/or diversify.