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POF Market & Technology Assessment Study 2020 Edition
POF Market & Technology Assessment Study 2020 Edition
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The Military Aircraft Avionics Market 2010-2020 $2,224.00

Our latest defence report - The Military Aircraft Avionics Market 2010-2020 - reveals the full range of opportunities presented by one of the defence industry's most important markets. Our market study examines leading users of military aircraft avionics systems, and explores the operational requirements which are driving global growth in this sector. We assess the commercial prospects and outlook for companies offering military aircraft avionics systems. Based on our research, global government spending in 2010 on military aircraft avionics systems, across all platforms, will total $12.9bn.

This analytical report defines the current state of the military aircraft avionics market and discusses its potential for growth from 2010 to 2020, with market forecasting at the global, national and submarket levels. We analyse, quantify and forecast the global military aircraft avionics markets by sub-sector for fighter jets/training craft, large transporters/airlift, helicopters, manned airborne ISR systems and UAVs. We also analyse, quantify and forecast the global forward-fit and global retro-fit military aircraft avionics markets separately.

Globally there are a multitude of factors which are driving increased research, development, procurement and deployment of military aircraft avionics systems. Wars in Iraq and Afghanistan and emerging terrorist threats around the world have demonstrated the growing importance of aircraft in military operations. Governments are increasingly aware that increasingly integrated coalition missions of this type require up to date avionics systems in support of these missions. During the next decade, the military aircraft avionics industry is therefore expected to exhibit corresponding growth, driven by the escalating airlift operations and special mission fleets operating worldwide.

We examine the combination of factors that are driving the increased retro-fitting of avionics systems by air forces around the world. The upgrading of military aircraft avionics systems is expected to increase steadily over the next decade, despite general economic uncertainty and pressure on defence budgets. Military decision-makers are developing operational strategies to benefit from the latest avionics technology to maximise the potential of the modern network centric warfare environment.

The increasing investment in military aircraft avionics systems, particularly in emerging nations, has resulted in the global military aircraft avionics market becoming one of the few recession-resistant sub-sectors of the defence industry. We expect the global military aircraft avionics market to flourish from 2010 onwards, with significant rewards for successful companies.

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