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World Commercial Air Transport Avionics Market (AB084)


 
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The 55-page research note compiles commercial air transport and avionics market analysis, including a detailed avionics market and systems forecast from 2008 to 2020.  The research also includes forecast period market share and revenues for avionics and aircraft manufacturers. It also provides a platform and systems-specific opportunity analysis, intended to identify existing and potential requirements for the retrofit market in particular.   In spite of the most severe economic downturn since the 1929 Great Depression, commercial aircraft deliveries remain steady even while factoring a significant 2009 orders decline. G2 Solutions concludes that the air transport avionics market continues to reflect the operational and budgetary realities facing airlines.    The research emphasizes the importance of quantifiable operational benefits for avionics supplier’s solutions in order to attract orders from commercial airlines.

 Michel Merluzeau, G2 Solutions Managing Partner supports this conclusion, “If a retrofit system cannot demonstrate substantial value in terms of operational benefits and resulting costs savings in a relatively short period of time, let’s say three to four years, its probability of adoption by an airline are significantly reduced.”    G2 Solutions forecasts an avionics market of almost $105 billion combined for  forward fit and retrofit market segments to 2020. Markets will witness a shift toward larger widebody aircraft deliveries during the forecast period with narrowbody replacements from Airbus and Boeing entering service between 2020 and 2025.  

Nearly 80 percent of the forward fit market is controlled by three avionics giants: Rockwell Collins, Honeywell and Thales.  Thales’ market share continues to rise, thanks to record years at Airbus. Rockwell Collins will benefit from the 787 entry into service while GE Aviation continues to augment its market footprint with the recent acquisition of PBN provider NAVERUS.  Honeywell remains exposed to a decline of the current 737 line while an updated 777 could emerge around 2015-2017. 

 




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