Global Commercial Aircraft Nextgen Avionics Market

Global Commercial Aircraft Nextgen Avionics Market Overview

• The Global Commercial Aircraft Nextgen Avionics Market Size was worth around USD 13.47 Billion in 2023 and is predicted to grow to around USD 22.50 Billion by 2033 with a compound annual growth rate (CAGR) of 5.26% between 2023 and 2033.
• The industry centered on cutting-edge avionics equipment intended to improve operating capabilities, safety, and efficiency in commercial aircraft is known as the commercial aircraft NextGen avionics Market.
• Improvements in avionics technology, the need for safer and more effective air travel, and stricter regulations for next-generation avionics equipment are among the primary factors of this commercial aircraft NextGen avionics market.
• The continuous development and technical breakthroughs in avionics systems are among the main drivers of the commercial aircraft NextGen avionics market's growth. 

Major vendors in the Global Commercial Aircraft Nextgen Avionics Market 

 Boeing, Airbus, Honeywell Aerospace, Rockwell Collins, Thales Group, Garmin Ltd., General Electric Aviation, BAE Systems, L3Harris Technologies, and Others. 

Market Segment

This study forecasts revenue at global, regional, and country levels from 2023 to 2033. Decision Advisors has segmented the commercial aircraft nextgen avionics market based on the below-mentioned segments:

Global Commercial Aircraft Nextgen Avionics Market, By System Type

• Flight Management Systems
• Communication Systems
• Navigation Systems
• Surveillance Systems
• Others

Global Commercial Aircraft Nextgen Avionics Market, By Aircraft Type

• Narrow-Body Aircraft
• Wide-Body Aircraft
• Regional Aircraft
• Business Jets

Global Commercial Aircraft Nextgen Avionics Market, By End User

• OEM
• Aftermarket

Global Commercial Aircraft Nextgen Avionics Market, By Regional Analysis

• North America
  • US
  • Canada
  • Mexico
• Europe
  • Germany
  • UK
  • France
  • Italy
  • Spain
  • Russia
  • Rest of Europe
• Asia Pacific
  • China
  • Japan
  • India
  • South Korea
  • Australia
  • Rest of Asia Pacific
• South America
  • Brazil
  • Argentina
  • Rest of South America
• Middle East & Africa
  • UAE
  • Saudi Arabia
  • Qatar
  • South Africa
  • Rest of the Middle East & Africa