According to the latest report of the IMARC group, entitled “Military Aircraft Avionics Market: Global Industry Trends, Share, Size, Growth, Opportunities and Forecast 2021-2026“, the global military aircraft avionics market grew at a CAGR of 4% during the period 2015-2020. Looking ahead, IMARC Group expects the global market to continue its moderate growth over the period 2021-2026.Military aircraft avionics refers to the advanced electronic systems and equipment that are installed on military aircraft to perform a range of combat and non-combat functions.These systems primarily include control flight systems, communications, navigation, electro-optical and infrared threat detection, weapons tracking, and activity monitors Various elements of avionics help accomplish missions, track and report, and make discoveries.
We regularly monitor the direct effect of COVID-19[female[feminine in the market, as well as the indirect influence of associated industries. These observations will be incorporated into the report.
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Market Trends and Drivers:
The growing number of geographical conflicts is one of the main drivers of the global demand for avionics for military aircraft. Several military applications, such as rescue operations during natural disasters, humanitarian aid, forward base logistics supply, and troop transport, are also increasing the demand for military aircraft avionics. Rising investment in the defense sector to upgrade existing technologies for better security and integrity is further bolstering the growth of the market. In addition, the emergence of non-clonable, function-based nano-electrochemical switches that self-destruct in the event of a data breach and can withstand high temperatures, radiation, pressure, etc., will continue to drive the global military aircraft avionics market in the coming years. .
Competition in the military aircraft avionics market Analysis and segmentation:
The competitive landscape of the Military Aircraft Avionics Market has been studied in the report along with the detailed profiles of key players operating in the market.
Some of these key players include:
- BAE Systems Plc
- Curtiss-Wright Company
- Elbit Systems Ltd.
- GE Aviation Co.
- Honeywell International Inc.
- L3Harris Technologies Inc.
- Lockheed Martin Company
- Moog Inc.
- Raytheon Technologies Corporation
- Thales Group
The report has segmented the global military aircraft avionics market on the basis of aircraft type, system type, end-use industry, and region.
Breakdown by aircraft type:
- Combat aircraft
- Unmanned Aerial Vehicles (UAV)
- Transport aircraft
Breakdown by type of system:
- flight control system
- communication system
- Navigation system
- Surveillance system
Breakdown by end-use sector:
Breakdown by region:
- North America
- Asia Pacific
- Latin America
- Middle East and Africa
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Main highlights of the report:
- Market Performance (2015-2020)
- Market Outlook (2021-2026)
- Market trends
- Market drivers and success factors
- Impact of COVID-19
- Value chain analysis
- Complete mapping of the competitive landscape
If you need specific information that is not currently covered in the report, we will provide it to you as part of the customization.
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