Flight Management Systems (FMS) Market by Hardware


Posted November 16, 2021 by james4220

Flight Management Systems (FMS) Market by Hardware (Control Display Unit, Visual Display Unit, and Flight Management Computer)

 
Market Overview
Based on component, the flight management systems market is divided into control display unit (CDU), flight management computer (FMC), and multi-function display (MFD). The flight management computer segment is estimated to account for the largest market share while the control display unit segment is projected to witness a higher CAGR during the forecast period. The control display unit provides the primary human/machine interface for data entry and information display. It also allows the flight crew to select the various flight management system operating modes.

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Competitive Landscape
The key players in the global Flight Management Systems market are Collins Aerospace (part of United Technologies Corporation (US)), Esterline Technologies Corporation (US), Garmin Ltd. (US), General Electric Company (US), Honeywell International Inc. (US), Innovative Solutions & Support Inc. (US), Jeppesen Sanderson, Inc. (part of Boeing (US)), NAVBLUE S.A.S. (part of Airbus (France)), Thales SA (France), and Universal Avionics Systems Corporation (part of Elbit Systems Ltd. (Israel))
Market Segmentation
Based on region, the market is segmented into North America, Europe, Asia-Pacific, the Middle East & Africa, and South America. In 2017, North America accounted for the largest market share, whereas, Asia-Pacific is projected to be the fastest-growing regional market during the review period. This growth can be attributed to the increase in aircraft production and deliveries in the Asia Pacific region. China, India, and Japan are key markets for flight management systems in this region.

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Regional Analysis
Based on region, the market is segmented into North America, Europe, Asia-Pacific, the Middle East & Africa, and South America. In 2017, North America accounted for the largest market share, whereas, Asia-Pacific is projected to be the fastest-growing regional market during the review period. This growth can be attributed to the increase in aircraft production and deliveries in the Asia Pacific region. China, India, and Japan are key markets for flight management systems in this region.
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Issued By james
Business Address India
Country India
Categories Advertising
Tags flight management systems
Last Updated November 16, 2021