The avionics market is set to expand from USD 56.22 billion in 2025 to USD 82.33 billion by 2030 at a CAGR of 16.8%, driven by increasing demand for advanced aircraft systems. Commercial aviation will lead the market, aided by advancements in navigation systems and evolving air traffic management, such as SESAR and NextGen. North America is expected to dominate, benefiting from significant defense investments and a focus on avionics retrofits. Key players like RTX, Honeywell, L3Harris, GE, and Thales are advancing technologies, enhancing safety and efficiency. For market insights, the report covers competitive analysis, growth strategies, and recent innovations.
The avionics market is set to expand from USD 56.22 billion in 2025 to USD 82.33 billion by 2030 at a CAGR of 16.8%, driven by increasing demand for advanced aircraft systems. Commercial aviation will lead the market, aided by advancements in navigation systems and evolving air traffic management, such as SESAR and NextGen. North America is expected to dominate, benefiting from significant defense investments and a focus on avionics retrofits. Key players like RTX, Honeywell, L3Harris, GE, and Thales are advancing technologies, enhancing safety and efficiency. For market insights, the report covers competitive analysis, growth strategies, and recent innovations.
Next-generation flight deck brings the latest industry-leading innovations to Part 25 transport aircraft
OLATHE, Kan., June 11, 2025 /PRNewswire/ -- Garmin (NYSE: GRMN) today...
Developing technology that warns drivers of rear-end collision risks while driving on highways and increases vehicle speed to maintain a safe distanceExpected to improve...
Well, well, well, another day, another midair collision near Reagan National Airport. It's almost as if mixing military and commercial aircraft in tightly controlled...
XUZHOU, China, June 10, 2025 /PRNewswire/ -- XCMG Machinery ("XCMG", SHE:000425) has recently released the new generation new energy light truck, Hanjie, leveraging the...