Commercial Avionics Systems Market - Global Industry
Analysis, Size, Share, Growth, Trends and Forecast
2015 – 2021
97 Page Report
Led by North America, Global Commercial Avionics Systems
Market to reach US$29.28 bn by 2021
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Commercial Avionics Systems
Commercial Avionics Systems Market - Global Industry Analysis, Size, Share,
Growth, Trends and Forecast 2015 – 2021
According to a new market report published by Transparency Market Research “Commercial
Avionics Systems Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast
2015 - 2021,” global commercial avionics systems market was valued at US$23.40 bn in 2014, at
a CAGR of 3.1% from 2015 to 2021 to account for US$29.28 bn in 2021.
Browse the full Commercial Avionics Systems Market report at:
The global market for commercial avionics systems is chiefly driven by increasing need for real
time data to improve aircraft’s efficiency. The increasing concerns to improve the safety and
surveillance in aircrafts is also influencing the growth of global commercial avionics systems
market. Modern commercial avionics systems provide advantages to the pilot and the crew in
terms of streamlined and easy control, display and communication functions, thereby reducing
risks associated with human errors during flight. The increasing expectation of the air passengers
for enhanced in-flight services has boosted the demand for in-flight entertainment (IFE) systems,
which in turn is pushing the global market for commercial avionics systems forward.
Among all avionics systems, the...