Electronic Flight Instrument System Market
Electronic Flight Instrument System Market Global Industry Assessment & Forecast
#
Pages:
145
2021
Nov - 2021
VMR-2021-0161
Segments Covered
By
Product Display Systems, Communication & Navigation Systems, Flight Management Controls & Systems, Processing Systems
-
By
Application Navigation, Flight Attitude, Aircraft Engine Monitoring
Snapshot
 Forecast
Years:
|
2021 - 2028 |
 Historical
Years:
|
2016 - 2020 |
 Revenue
2021: |
965.36 Million |
 Revenue 2028:
|
912.1 Million |
 Revenue CAGR
(2021 - 2028): |
5.48 |
Fastest Growing Region (2022 -
2028)
|
North America |
Customization Offered
Cross-segment Market Size and
Analysis
for Mentioned Segments- Additional Company Profiles (Upto 5
With
No Cost)
- Additional Countries (Apart From
Mentioned Countries)
- Country/Region-specific Report
- Go To Market Strategy
- Region Specific Market Dynamics
- Region Level Market Share
- Import Export Analysis
- Production Analysis
- Others Request
Customization Speak To
Analyst
Product Analysis: Preview On the basis of Product,
the market is segmented into Display Systems, Communication & Navigation Systems, Flight Management Controls & Systems, Processing Systems. Flight management controls & systems held the highest
share in the global Electronic Flight Instrument System market and
is projected to witness the same trend during the forecast period. Application Analysis:
Preview Based on Application,
the market is segmented into Navigation, Flight Attitude, Aircraft Engine Monitoring. Navigation accounted
for the highest market share and is expected to grow at a significant CAGR from
2021 to 2028. Analysis:
Preview
Based
on , the market is segmented into .
dominates the global Electronic Flight Instrument System
market and is expected to continue the same trend from 2021 to 2028.
Global Electronic Flight Instrument System Market: Product Segment Analysis
-
- Display Systems
- Communication & Navigation Systems
- Flight Management Controls & Systems
- Processing Systems
Global Electronic Flight Instrument System Market: Application Segment Analysis
-
- Navigation
- Flight Attitude
- Aircraft Engine Monitoring
FAQ
Frequently Asked Question
What is the global demand for Electronic Flight Instrument System in terms of revenue?
-
The global Electronic Flight Instrument System valued at 965.36 Million in 2020 and is expected to reach 912.1 Million in 2028 growing at a CAGR of 5.48%.
Which are the prominent players in the market?
-
The prominent players in the market are Honeywell International Inc., Rockwell Collins, Inc., Esterline Technologies Corporation, Astronics Corporation, L-3 Communications Holding Inc., Dynon Avionics, Genesys Aerosystems, Aspen Avionics, Avidyne Corporation, Garmin Ltd..
At what CAGR is the market projected to grow within the forecast period?
-
The market is project to grow at a CAGR of 5.48% between 2021 and 2028.
What are the driving factors fueling the growth of the market?
-
The driving factors of the Electronic Flight Instrument System include
- Growing requirement for lightweight systems with better accuracy and additional functionalities, improved situational and safety awareness with electronic flight instrument system, and flight controls automation are determinants anticipated to fuel the market.
- The increased automation of flight controls is expected to augment the growth of the market in the coming years.
Which region accounted for the largest share in the market?
-
North America was the leading regional segment of the Electronic Flight Instrument System in 2020.
