Global Helicopter Avionics Market Size 2016-2020


Posted December 6, 2021 by james4220

The analysts forecast the global Helicopter Avionics Market Size to grow at a CAGR of 9.61% during the period 2016-2020.

 
Market Overview
Traditionally, as a result of the low fuel prices and large investments, urban heliports and helicopters seemed feasible. However, over the years, the rapid increase in fuel prices (equivalent to one-third of the operating costs), have resulted in only a few operational passenger helicopters. Despite such deterrents, the global Helicopter Avionics Market Size has thrived and progressed. It has also been projected that the manufacturers of the civil or business helicopters will witness a growing demand, during and post the forecast period. The market for global helicopter avionics is estimated to grow at 8 % CAGR during the forecast period.
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Competitive Landscape
The key players in global Helicopter Avionics Market Size are Honeywell International Inc. (U.S.), Avidyne Corporation (U.S.), Thales Group (France), Aspen Avionics (U.S.), ForeFlight (U.S.), L-3 Avionics Systems (U.S.), Garmin Ltd (Switzerland), and Cobham Plc.(U.K.).

Market Segmentation
On the basis of region, the market is segmented into America, Asia Pacific, Europe, and Rest of the World. In the North America region, there is a significant investment by OEM’s and component manufacturers in R&D of advanced avionics. This growing inflow of investment will result in the growing demand for global Helicopter Avionics Market Size. This will drive the market in Asia Pacific region. In Europe, the original equipment manufactures (OEMs) and tier-1 suppliers are investing in emerging technologies. For instance, Rockwell Collins and Honeywell Aerospace have developed an advanced cockpit technology, to deal with the challenges of rotary-wing military aircraft operating in degraded visual environments.

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Regional Analysis
This study provides an overview of the Global Helicopter Avionics Market Size, tracking four market segments across four geographic regions. The report studies key players, providing a five-year annual trend analysis that highlights market size, volume, and share for America, Europe, Asia Pacific (APAC), Middle East & Africa and South America. The report also provides a forecast, focusing on the market opportunities for the next five years for each region. The scope of the study segments the Global Helicopter Avionics Market Size by its fuel type, vehicle type, and region.
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Tags helicopter avionics market size
Last Updated December 6, 2021