Global Avionics Software Market Size, Trends & Analysis - Forecasts To 2026 By Product (Embedded, Mobile platform, Web, Desktop), By End-Users (Commercial Aviation, Military Aviation), By Region (North America, Europe, Asia Pacific, MEA, CSA), Vendor Landscape, End User Landscape and Company Market Share Analysis & Competitor Analysis

Global Avionics Software Market Size, Trends & Analysis - Forecasts To 2026 By Product (Embedded, Mobile platform, Web, Desktop), By End-Users (Commercial Aviation, Military Aviation), By Region (North America, Europe, Asia Pacific, MEA, CSA), Vendor Landscape, End User Landscape and Company Market Share Analysis & Competitor Analysis

  • Published Date: January 3 : 2018
  • Base Year for Estimate: 2019
  • Report Id:589

Avionics Software Market: Insights

The global avionics software market is estimated to witness a significant CAGR during the forecast period (2020-2026). Growing usage of advanced avionics navigation, and control technology along with the growth in the retrofit aircraft is driving the market growth during the forecast period. Continuous technological enhancements have changed the avionics human-machine interface. Furthermore, increasing the adoption of flight management systems of the next generation in avionics is a prominent factor that also accelerates the growth of the market. However, strict government regulations and high manufacturing cost of components are the factors restraining the growth of the market.

Avionics Software Market Size: By Product

Based on product, the market is segmented into embedded, web, desktop, and mobile platforms. The embedded segment is expected to hold the largest market share during the forecast period. The growing importance of embedded software in avionic systems is driving the market growth. Embedded cockpit systems allow graphical processing units to fill displays with moving charts, cursors, and indications of airspeed, among others.

Avionics Software Market Size: By End-User

Based on end-user, the market is segmented into commercial aviation, and military aviation. Commercial aviation segment is expected to hold the largest market share during the forecast period. The rise in air travel and the growing number of aircrafts drive the growth of the market. Many new commercial aircrafts with autopilots use the aircraft's flight computers and so-called Flight Management Systems (FMS). Furthermore, the military aviation segment is expected to witness the fastest growth during the forecast period. The growing utility in the defense sector to carry out transport and surveillance activities is expected to drive the market.

Avionics Software Market

Avionics Software Market Size: By Region

Based on region, the global avionics software market is segmented into North America, Europe, Asia Pacific, Central & South America, and Middle East & Africa. North America is expected to hold the largest market share during the forecast period, due to rapid urbanization, rising usage of avionics software in commercial and military aviation in the region. The Asia Pacific region is projected to grow at the fastest pace during the forecast period.

Avionics Software Market Share & Competitor Analysis

Some of the key players operating in the avionics software market include: EmpowerMX, GE Aviation, Safran, Esterline Technologies, Genova Technologies, Curtiss-Wright, Seabury Solutions, Ramco Systems, Rusada, MANNARINO, and AircraftIT among others.

Please note: This is not an exhaustive list of companies profiled in the report.

  • In April 2019, GE Aviation launched a new advanced avionics computer specifically built for military and commercial unmanned vehicles. This latest computer provides the flexible architecture design that integrates vehicle control and advanced project analysis into a lightweight, portable system
  • In March 2019, Esterline Technologies was successfully acquired by TransDigm Group Incorporated for USD 4 billion
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The global Avionics Software Market has been studied from the year 2016 till 2025. However, the CAGR provided in the report is from the year 2017 to 2025. The research methodology involved three stages: Desk research, Primary research, and Analysis & Output from the entire research process.

Avionics Software Market

The desk research involved a robust background study which meant referring to paid and unpaid databases to understand the market dynamics; mapping contracts from press releases; identifying the key players in the market, studying their product portfolio, competition level, annual reports/SEC filings & investor presentations; and learning the demand and supply side analysis for the Avionics Software Market.

Avionics Software Market

The primary research activity included telephonic conversations with more than 50 tier 1 industry consultants, distributors, and end-use product manufacturers.

Avionics Software Market

Finally, based on the above thorough research process, an in-depth analysis was carried out considering the following aspects: market attractiveness, current & future market trends, market share analysis, SWOT analysis of the companies, and customer analytics.

Avionics Software Market

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