Avionics are technically advanced systems that are used in artificial satellites, aircraft, and spacecraft. The aircraft flight computer system comprises a combination of various display units which are installed to carry out the flight operations. The avionics systems include navigation, communication, surveillance (CNS), and automatic flight management systems (AFMS). Moreover, these systems need frequent maintenance of several systems and software upgrades. The rising adoption of flight management systems to improve safety, augment operational dependability and flexibility and minimize the crew's work is a crucial factor propelling the global avionics market's growth. The next-generation flight management system also boosts dispatch and simplifies maintenance are the other factors fueling the growth of the avionics market. Somehow, the rising manufacturing cost associated with the avionics system is one of the principal factors restraining the avionics market's growth. The Avionics Market is expected to grow at the rate of 9.26% CAGR by 2026.
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Avionics Market based on System
Software
Training & Simulation Software
Flight Management Software
Safety-Critical Airborne Software
Aircraft Health Diagnostic Software
Mission Flight Management Software
Hardware
Weather System
In-flight Entertainment System
Health Monitoring System
Mission & Tactical System
Surveillance System
Emergency System
Electrical System
Navigation System
Communication System
Flight Management System
Avionics Market based on Platform
Commercial Aviation
Military Aviation
Business Jets & General Aviation
Helicopters
Avionics Market based on Geography
North America
Europe
Asia Pacific
Rest of the World
On the basis of the system, the market is furcated into software and hardware. The hardware segment is expected to hold the highest share in the market. The hardware is again divided into various systems. The hardware system performs multiple functions such as flight planning, trajectory prediction, navigation, performance computations, and guidance. It can also be incorporated as a function on several platforms, such as integrated modular avionics cabinets (IMA).
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