Today: October 7, 2015, 4:34 am

Global commercial aircraft avionics systems market: 4.1% CAGR growth forecast between 2012-16
Global Commercial Aircraft Avionics Systems Market 2012-2016 - a new market research report on 2014-03-26 08:21:04
The Global Commercial Aircrafts Avionics market is to grow at a CAGR of 4.12 percent over the period 2012-2016. One of the key factors contributing to this market growth is the increasing demand for aircraft in the APAC region. The Global Commercial Aircrafts Avionics market has also been witnessing the increase in demand for low-maintenance avionics systems. However, the increase in raw material prices could pose a challenge to the growth of this market.

In 2012, the overall MRO cost in the Aviation industry was US$49.6 billion. Since airlines have to bear huge MRO costs for maintaining their aircraft every year, most airlines are trying to operate low-maintenance aircraft, which will help reduce the MRO costs. Hence, they are increasingly opting for low-maintenance avionics systems as this will help reduce the operating cost of these systems.

One of the major drivers in this market is the increasing demand for aircraft in the APAC region. Owing to the advent of the no-frills business model, the demand for new aircraft has increased in the APAC region.

One of the major challenges in this market is the increase in raw material prices. The rise in raw material prices has resulted in pricing pressure for the manufacturers of aircraft avionics systems, which are then forced to pass on the increased cost to the customers.

The key vendors dominating this market space are Honeywell International Inc., Panasonic Avionics Corp., Rockwell Collins Inc., and Thales SA.

Other vendors are BAE Systems, Inc., Becker Avionics Int., DAC International, Inc., Esterline Technologies Corp., GE Aviation, L-3 Communications Avionics Systems Inc., LX Avionics Ltd., Saab AB (publ), Samtel Avionics & Defence Systems, Shadin Avionics LP, Southern Avionics Co., and Universal Systems Avionics Corp.

Click for report details: ..

Browse all Aerospace Market Research Reports ..

Browse all Aerospace Company Profile Reports ..

Browse all Latest Market Research Reports ..

About Us is a leading online business information aggregator with over 300,000 market reports and company profiles available to our clients. Our extensive range of reports are sourced from the leading publishers of business information and provide clients with the widest range of information available. In terms of company profiles,’s online database allows clients access to market and corporate information to over 100,000 different companies. We provide clients with a fully indexed database of information where clients can find specific market reports on their niche industry sectors of interest.

Press Information

Published by
Mike King
London: +44 (0) 203 086 8600

# 485 Words
Related Articles
More From Finance
Credit-Yogi Reveals Special Considerations for Military Members [..]
No one wants to have their vehicle taken back by their banks. It’s a source of stress for the individual [..]
Credit-Yogi Teaches Consumers How To Use HAMP [..]
Be Prepared to Utilize HAMP Lenders do not like to help borrowers prevent foreclosure by accessing the Obama loan modification [..]
Credit-Yogi Informs Military Members Facing Auto Repossession [..]
No one wants to have their vehicle taken back by their banks. It’s a source of stress for the individual [..]
Credit-Yogi .com Teaches Consumers How To Prevent [..]
Want to Halt Vehicle Repossession? Here’s How Sometimes things happen that end up leaving one in a financially strapped position. [..]
Sell Your Phoenix Winter Condo or Townhouse [..]
Most condominium owners or homeowners, in almost every state in the country, are asking the same question: “Should I sell [..]

Disclaimer: If you have any questions regarding information in this press release please contact the company added in the press release. Please do not contact pr-inside. We will not be able to assist you. PR-inside disclaims the content included in this release.