Aerospace Avionics Market Growth, Size, Trends .Analysis,Strategies and Segment Forecast to 2034
Global Aerospace Avionics Market Growth, Size, Trends Analysis - By System, By Platform, By Fit, By Point of Sale - Regional Outlook, Competitive Strategies and Segment Forecast to 2034
| Published: Jul-2025 | Report ID: IACT25123 | Pages: 1 - 244 | Formats*: |
| Category : Information & Communications Technology | |||
Aerospace Avionics Market Introduction and Overview
According to SPER Market Research, the Global Aerospace Avionics Market is estimated to reach USD 121.92 billion by 2034 with a CAGR of 9.83%
The report includes an in-depth analysis of the Global Aerospace Avionics Market, including market size and trends, product mix, Applications, and supplier analysis. The aircraft avionics market is expected to grow at a compound annual growth rate (CAGR) of 9.83% from 2025 to 2034, from its 2024 valuation of USD 47.74 billion. The aerospace avionics sector is undergoing a transformation through the incorporation of automation, artificial intelligence (AI), and data analytics aimed at enhancing flight safety, operational efficiency, and overall operations. Contemporary aircraft are now equipped with AI-driven flight management systems, predictive maintenance capabilities, and real-time data analysis to facilitate improved decision-making and minimize aircraft downtime.
By Platform Insights
According to the platform, the market is divided into military aviation and commercial aviation segments. The commercial aviation segment captured a significant market share in 2024 and is projected to experience substantial growth. Airlines are implementing connected technologies and sophisticated avionics systems to enhance passenger experiences and operational efficiency through real-time data exchange, predictive maintenance, and communication between aircraft and ground stations. Growing environmental concerns are driving the commercial aviation sector to embrace sustainable technologies, such as fuel-efficient avionics systems and electric or hybrid aircraft. These innovations aim to lower emissions while adhering to global environmental standards, thereby fostering advancements in lightweight, energy-efficient avionics.
By Fit Insights
The aerospace avionics market is divided into line-fit and retro-fit categories based on fit. By 2034, it is projected that the line-fit segment would have the highest compound annual growth rate (CAGR). Aircraft manufacturers are integrating advanced avionics systems into new aircraft to enhance flight management, navigation, and communication capabilities. Both commercial airlines and defense sectors are seeking these modern systems to achieve greater efficiency and connectivity. Manufacturers are now employing modular and customizable avionics systems during production to cater to the specific needs of airlines and mission requirements. This approach aids in optimizing operations, shortening development timelines, and ensuring compatibility with emerging technologies while addressing diverse customer demands.
Regional Insights
North America dominated the aerospace avionics industry in 2024. The United States' aerospace avionics sector is committed to improving networking, communication, and situational awareness for both military and commercial aircraft. Cutting-edge communication systems, such as tactical radio meshes, now enable aircraft, ground units, and naval vessels to exchange data in real-time, significantly improving operational effectiveness and mission results.
Market Competitive Landscape
Key players in the market include General Electric, Meggitt, Honeywell, and Thales. These firms design avionics systems for communication, navigation, and flight control in both commercial and military aircraft. They compete on the basis of technology, reliability, integration capabilities, and cost-effectiveness, while also complying with regulatory standards and addressing cybersecurity issues. The companies collaborate with aircraft manufacturers and government entities to secure contracts and expand their global footprint.
Recent Developments:
In April 2024, Thales completed the acquisition of Cobham Aerospace Communications ("AeroComms"), a firm that specializes in dependable cockpit communication and connectivity systems.
In January 2024, Universal Avionics (UA) and Trimec Aviation successfully obtained FAA Supplemental Type Certificate (STC) for the Falcon 2000/EX, which is now equipped with the InSight Flight Display System. This upgrade substitutes the outdated Pro Line 4 avionics with state-of-the-art displays and leading synthetic vision technology to address obsolescence concerns, tackle maintenance difficulties, enhance operational efficiency and performance, and improve safety.
RTX Corporation, Inc. declared in October 2023 that it has successfully tested a solid-state circuit breaker designed to improve next-generation aircraft's hybrid-electric propulsion systems. This innovation represents a significant milestone towards the aviation industry's objective of achieving net-zero carbon emissions by 2050.
Scope of the report:
| Report Metric | Details |
| Market size available for years | 2021-2034 |
| Base year considered | 2024 |
| Forecast period | 2025-2034 |
| Segments covered | By System, Platform, Fit, Point of Sale |
| Regions covered | North America, Latin America, Asia-Pacific, Europe, and Middle East & Africa |
| Companies Covered | Astronautics Corporation, BAE Systems, Curtiss-Wright, Elbit Systems, Garmin, General Electric, Honeywell, L3Harris, Leonardo, Meggitt. |
Key Topics Covered in the Report
- Global Aerospace Avionics Market Size (FY’2021-FY’2034)
- Overview of Global Aerospace Avionics Market
- Segmentation of Global Aerospace Avionics Market By System (Communications, Power & data management, Weather detection, Flight management, Electronic flight display, Payload & mission management, Traffic & collision management)
- Segmentation of Global Aerospace Avionics Market By Platform (Military aviation, Commercial aviation)
- Segmentation of Global Aerospace Avionics Market By Fit (Line-fit, Retro-fit)
- Segmentation of Global Aerospace Avionics Market By Point of Sale (Original equipment manufacturer, Aftermarket)
- Statistical Snap of Global Aerospace Avionics Market
- Expansion Analysis of Global Aerospace Avionics Market
- Problems and Obstacles in Global Aerospace Avionics Market
- Competitive Landscape in the Global Aerospace Avionics Market
- Details on Current Investment in Global Aerospace Avionics Market
- Competitive Analysis of Global Aerospace Avionics Market
- Prominent Players in the Global Aerospace Avionics Market
- SWOT Analysis of Global Aerospace Avionics Market
- Global Aerospace Avionics Market Future Outlook and Projections (FY’2025-FY’2034)
- Recommendations from Analyst
1.Introduction
1.1.Scope of the report1.2.Market segment analysis
2.Research Methodology
2.1.Research data source2.1.1.Secondary Data2.1.2.Primary Data2.1.3.SPERs internal database
2.1.4.Premium insight from KOLs
2.2.Market size estimation2.2.1.Top-down and Bottom-up approach2.3.Data triangulation
3.Executive Summary
4.Market Dynamics
4.1.Driver, Restraint, Opportunity and Challenges analysis
4.1.1.Drivers4.1.2.Restraints4.1.3.Opportunities4.1.4.Challenges
5.Market variable and outlook
5.1.SWOT Analysis5.1.1.Strengths5.1.2.Weaknesses5.1.3.Opportunities5.1.4.Threats5.2.PESTEL Analysis5.2.1.Political Landscape5.2.2.Economic Landscape5.2.3.Social Landscape5.2.4.Technological Landscape5.2.5.Environmental Landscape5.2.6.Legal Landscape5.3.PORTERs Five Forces5.3.1.Bargaining power of suppliers5.3.2.Bargaining power of buyers5.3.3.Threat of Substitute5.3.4.Threat of new entrant5.3.5.Competitive rivalry5.4.Heat Map Analysis
6.Competitive Landscape
6.1.Global Aerospace Avionics Market Manufacturing Base Distribution, Sales Area, Product Type6.2.Mergers & Acquisitions, Partnerships, Product Launch, and Collaboration in Global Aerospace Avionics Market
7.Global Aerospace Avionics Market, By System (USD Million) 2021-2034
7.1.Communications7.1.1.Transponders7.1.2.Transceivers7.1.3.Antennas7.1.4.Transmitters7.1.5.Receivers7.1.6.Others7.2.Power & data management7.2.1.Power conversion devices7.2.2.Cockpit voice recorders7.2.3.Flight data recorders7.2.4.Data transfer systems7.3.Weather detection7.3.1.Weather radar7.3.2.Lighting detection sensors7.4.Flight management7.4.1.Flight management computers7.4.2.Autopilot computers7.4.3.I/o and interface controllers7.4.4.Analog attitude indicators7.4.5.Analog vertical speed indicators7.5.Electronic flight display7.5.1.Primary flight display7.5.2.Multi-function flight display7.5.3.Navigation display7.5.4.Others7.6.Payload & mission management7.6.1.Payload management computers7.6.2.Mission computers7.6.3.Electro-optics7.6.4.Sonar7.6.5.Radar7.7.Traffic & collision management7.7.1.Aircraft communications addressing & reporting systems7.7.2.Collision avoidance systems
8.Global Aerospace Avionics Market, By Platform (USD Million) 2021-2034
8.1.Military aviation8.1.1.Combat aircraft8.1.2.Military drones8.1.3.Training aircraft8.1.4.Transport aircraft8.1.5.Military helicopters8.1.6.Unmanned aerial vehicle (UAV)8.2.Commercial aviation8.2.1.Narrow-body aircraft8.2.2.Wide-body aircraft8.2.3.Regional jets8.2.4.Turboprop8.2.5.Unmanned aerial mobility (UAM)
9.Global Aerospace Avionics Market, By Fit (USD Million) 2021-2034
9.1.Line-fit9.2.Retro-fit
10.Global Aerospace Avionics Market, By Point of Sale (USD Million) 2021-2034
10.1.Original equipment manufacturer (OEM)10.2.Aftermarket
11.Global Aerospace Avionics Market, (USD Million) 2021-2034
11.1.Global Aerospace Avionics Market Size and Market Share
12.Global Aerospace Avionics Market, By Region, (USD Million) 2021-2034
12.1.Asia-Pacific12.1.1.Australia12.1.2.China12.1.3.India12.1.4.Japan12.1.5.South Korea12.1.6.Rest of Asia-Pacific12.2.Europe12.2.1.France12.2.2.Germany12.2.3.Italy12.2.4.Spain12.2.5.United Kingdom12.2.6.Rest of Europe12.3.Middle East and Africa12.3.1.Kingdom of Saudi Arabia12.3.2.United Arab Emirates12.3.3.Qatar12.3.4.South Africa12.3.5.Egypt12.3.6.Morocco12.3.7.Nigeria12.3.8.Rest of Middle-East and Africa12.4.North America12.4.1.Canada12.4.2.Mexico12.4.3.United States12.5.Latin America12.5.1.Argentina12.5.2.Brazil12.5.3.Rest of Latin America
13.Company Profile
13.1.Astronautics Corporation13.1.1.Company details13.1.2.Financial outlook13.1.3.Product summary13.1.4.Recent developments13.2.BAE Systems13.2.1.Company details13.2.2.Financial outlook13.2.3.Product summary13.2.4.Recent developments13.3.Curtiss-Wright13.3.1.Company details13.3.2.Financial outlook13.3.3.Product summary13.3.4.Recent developments13.4.Elbit Systems13.4.1.Company details13.4.2.Financial outlook13.4.3.Product summary13.4.4.Recent developments13.5.Garmin13.5.1.Company details13.5.2.Financial outlook13.5.3.Product summary13.5.4.Recent developments13.6.General Electric13.6.1.Company details13.6.2.Financial outlook13.6.3.Product summary13.6.4.Recent developments13.7.Honeywell13.7.1.Company details13.7.2.Financial outlook13.7.3.Product summary13.7.4.Recent developments13.8.L3Harris13.8.1.Company details13.8.2.Financial outlook13.8.3.Product summary13.8.4.Recent developments13.9.Leonardo13.9.1.Company details13.9.2.Financial outlook13.9.3.Product summary13.9.4.Recent developments13.10.Meggitt13.10.1.Company details13.10.2.Financial outlook13.10.3.Product summary13.10.4.Recent developments13.11.Others
14.Conclusion
15.List of Abbreviations
16.Reference Links
SPER Market Research’s methodology uses great emphasis on primary research to ensure that the market intelligence insights are up to date, reliable and accurate. Primary interviews are done with players involved in each phase of a supply chain to analyze the market forecasting. The secondary research method is used to help you fully understand how the future markets and the spending patterns look likes.
The report is based on in-depth qualitative and quantitative analysis of the Product Market. The quantitative analysis involves the application of various projection and sampling techniques. The qualitative analysis involves primary interviews, surveys, and vendor briefings. The data gathered as a result of these processes are validated through experts opinion. Our research methodology entails an ideal mixture of primary and secondary initiatives.
Frequently Asked Questions About This Report
Aerospace Avionics Market projected to reach USD 121.92 by 2034, growing at a CAGR of 9.83 % during the forecast period.
Aerospace Avionics Market from 2025. The Market is expected to reach USD 121.92 by 2034, at a CAGR of 9.83% during the forecast period.
Aerospace Avionics Market CAGR of 9.83% during the forecast period.
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Aerospace Avionics Market size is USD 121.92 from 2025 to 2034.
Aerospace Avionics Market covered By System, Platform, Fit, Point of Sale
The North America is anticipated to have the highest Market share in the Aerospace Avionics Market .
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Astronautics Corporation, BAE Systems, Curtiss-Wright, Elbit Systems, Garmin, General Electric, Honeywell, L3Harris, Leonardo, Meggitt.
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The report includes an in-depth analysis of the Global Aerospace Avionics Market, including market size and trends, product mix, Applications, and supplier analysis
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