Dublin, Aug. 28, 2020 (GLOBE NEWSWIRE) -- The "Commercial Aircraft Avionic Systems - Global Market Trajectory & Analytics" report has been added to ResearchAndMarkets.com's offering.
The publisher brings years of research experience to the 8th edition of this report. The 109-page report presents concise insights into how the pandemic has impacted production and the buy side for 2020 and 2021. A short-term phased recovery by key geography is also addressed.
Global Commercial Aircraft Avionic Systems Market to Reach $26.3 Billion by 2027
Amid the COVID-19 crisis, the global market for Commercial Aircraft Avionic Systems estimated at US$19.2 Billion in the year 2020, is projected to reach a revised size of US$26.3 Billion by 2027, growing at a CAGR of 4.6% over the period 2020-2027.
The U.S. Market is Estimated at $5.7 Billion, While China is Forecast to Grow at 4.3% CAGR
The Commercial Aircraft Avionic Systems market in the U.S. is estimated at US$5.7 Billion in the year 2020. China, the world`s second largest economy, is forecast to reach a projected market size of US$4.6 Billion by the year 2027 trailing a CAGR of 4.3% over the analysis period 2020 to 2027. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 4.4% and 3.6% respectively over the 2020-2027 period. Within Europe, Germany is forecast to grow at approximately 3.8% CAGR.
Competitors identified in this market include, among others:
- Cobham PLC
- Curtiss-Wright Corporation
- Elbit Systems Ltd.
- Garmin International, Inc.
- GE Aviation
- Honeywell International, Inc.
- L3 Technologies, Inc.
- Rockwell Collins, Inc.
- Thales Group
- Universal Avionics System Corporation
- Zodiac Aerospace
Key Topics Covered:
I. INTRODUCTION, METHODOLOGY & REPORT SCOPE
II. EXECUTIVE SUMMARY
1. MARKET OVERVIEW
- Global Competitor Market Shares
- Commercial Aircraft Avionic Systems Competitor Market Share Scenario Worldwide (in %): 2019 & 2025
- Impact of Covid-19 and a Looming Global Recession
2. FOCUS ON SELECT PLAYERS
3. MARKET TRENDS & DRIVERS
4. GLOBAL MARKET PERSPECTIVE
III. MARKET ANALYSIS
IV. COMPETITION
Total Companies Profiled: 47
For more information about this report visit https://www.researchandmarkets.com/r/oymhuf
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