Global Aerospace Avionics Market Outlook Through 2023-2032
The Business Research Company’s Aerospace Avionics Global Market Report 2023 is the most detailed report available on the market, including broad forecast periods and multiple geographies. The report covers the historic period – 2010-2021, and the forecast period – 2023-2032. The Aerospace Avionics Global Market Report 2023 evaluates aerospace avionics market size, growth rate, drivers, trends, and major companies.
The report provides a global perspective by covering 60 geographies and focusing on major economies in each region – Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
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The global aerospace avionics market size is expected to grow from $75.60 billion in 2022 to $78.14 billion in 2023 at a compound annual growth rate (CAGR) of 3.5%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The aerospace avionics market is expected to reach $91.37 billion in 2027 at a CAGR of 4.0%.
North America was the largest region in the aerospace avionics market in 2022.
The aerospace avionics market segments in the report are:
By Systems:
Flight Control System
Communication System
Navigation System
Monitoring System
Others Systems
By Application:
Commercial Aviation
Military Aviation
Business Jets And General Aviation
By Distribution Channel:
OEM
Aftermarket
Top Major Companies
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The table of contents in TBRC’s aerospace avionics market report includes:
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List Of Tables
Table 1: Global Historic Market Growth, 2017-2022, $ Billion
Table 2: Global Forecast Market Growth, 2022-2027F, 2032F, $ Billion
Table 3: Global Aerospace Avionics Market, Segmentation By Systems, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
Table 4: Global Aerospace Avionics Market, Segmentation By Application, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
Table 5: Global Aerospace Avionics Market, Segmentation By Distribution Channel, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
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Table 46: Thales Group Financial Performance
Table 47: L3Harris Technologies, Inc Financial Performance
Table 48: Airbus SAS Financial Performance
Table 49: Boeing Co Financial Performance
Table 50: BAE Systems Financial Performance
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