London, UK: 11 November 2009: Visiongain calculates that the global market for military aircraft avionics is currently worth $13.53bn in 2009. Wars in Iraq and Afghanistan have illustrated the growing importance of aircraft in military operations. Governments are increasingly aware of the importance of up to date avionics systems in supporting these increasingly integrated coalition missions. During the next decade, the military aircraft avionics industry is therefore expected to exhibit corresponding growth, driven by the escalating airlift operations and special mission fleets operating worldwide.
Despite the current economic climate restricting defence budgets - particularly in the US, governments globally continue to invest in long term programmes to upgrade their avionics systems across their aircraft fleets. The intention is to produce next generation combat fighters, improved Intelligence, Surveillance and Reconnaissance (ISR) capability, air superiority and integration into the modern network centric warfare environment to deliver better coordinated military operations.
New commercial airspace routes, which are shared by both the commercial and military sectors, are also driving avionics upgrades in military aircraft, particularly those used for transport and airlift operations. The new Global Air Navigation System/Global Air Traffic Management (GANS/GATM) requirement is forcing upgrades to military and commercial aircraft avionics. Military aircraft avionics systems are undergoing upgrades to Traffic alert and Collision Avoidance Systems (TCAS), Reduced Vertical Separation Minima (RVSM) systems, and Ground Proximity Warning Systems (GPWS).
To make the most of declining defence budgets, air forces around the world are increasingly choosing to maintain older fleets of fighter aircraft and transport aircraft in particular, by investing a significant portion of their budgets in avionics and electronic warfare and weapons upgrades. Helicopter upgrade programmes, involving new avionics and mission equipment, are also being implemented to sustain US and NATO tactical airlift capabilities for the next 10 years.
For sample pages of this report please click on http://www.visiongain.com/Report.aspx?rid=423 where you can also find the full table of contents.
ENDS
Notes for Editors
If you are interested in a more detailed overview of this report, please send an e-mail to sara.peerun@visiongainglobal.com or call on +44 (0) 207 549 9987
About visiongain
Visiongain is one of the fastest growing and most innovative independent media companies in Europe. Based in London, UK, visiongain produces a host of business-2-business conferences, newsletters, management reports and e-zines focusing on the Telecoms, Pharmaceutical, Defence and the Energy sectors.
Visiongain publishes reports produced by its in-house analysts, who are qualified experts in their field. Visiongain has firmly established itself as the first port-of-call for the business professional, who needs independent, high quality, original material to rely and depend on.
For more information on visiongain, please visit the website: www.visiongain.com or click on the defence section:
http://www.visiongain.com/site.aspx?p=9