26 February 2019
Visiongain’s new Military Aircraft Avionics Market Report 2019-2029 reveals the Military Avionics market is valued at $25.35bn in 2019. The market is projected to follow a growth trajectory over the next decade due to technical advances and particularly due to near-peer drives, and the western shift from anti-asymmetrical threats to more conventional forces, including more advanced platforms and systems.
Avionics systems play an important role in any aircraft and helps the pilot during flight operations. The military avionic system has additional systems that controls the electronic support and defensive aid systems on fighter jets and attack helicopters. Development in the field of avionics systems has increased the need to upgrade older fleet with advanced systems to make them ready for deployment in the battlefield, making way for the retro-fit submarket of military avionics.
This report evaluates the current levels of global expenditure invested in the Military Aircraft Avionics market. In the next decade, the Military Aircraft Avionics market will register strong growth. Visiongain forecasts that between 2019 and 2029, established national Military Aircraft Avionics markets will see growth due to new products coming onto the market, reviving defence budgets, and the need for more effective and efficient weaponry.
Leading companies featured in the report who are developing military avionics includes Airbus, BAE Systems, Boeing, ELbit Systems, Harris Corporation, IAI, L3 Technologies, Leonardo, Lockheed Martin, Northrop Grumman.
Note to editors
For further information, please contact firstname.lastname@example.org or call her on +44 (0) 207 336 6100.
Visiongain is a leading business intelligence provider publishing market reports for the automotive, aviation, chemicals, construction, cyber, defence, electronics, energy, food & drink, IT, maritime, materials, packaging, pharmaceutical, renewable energy, telecoms and utilities sectors.
Visiongain is one of the fastest-growing and most innovative independent research companies in Europe. Based in London, UK Visiongain publishes reports produced by 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.
Along with an evaluation of the current level of international investment in the directed energy weapon market, this report provides measured forecasts for six submarkets covering the period 2021 to 2031.
15 February 2021
The market for offshore oil and gas industry is expected to be driven by the increase in offshore drilling activities. This combined with high investment done in an effort to explore new reserves for oil and gas would drive the offshore oil and gas industry.
05 February 2021
The major growth driver for the global military airborne intelligence, surveillance & reconnaissance (ISR) technologies industry has been the rising demand for military drones. A large range of systems, such as a navigation system, airframe, contact link, autopilot, engine, and sensor kit, are fitted with military drones.
05 February 2021
Growing usage of automation systems in fire control systems is anticipated to fuel market growth coupled with rising geo-political issues among several economies. According to Visiongain analysis, Asia Pacific dominated the global fire control systems market and is projected to hold maximum market share by 2031.