The Commercial Aircraft Nextgen Avionics Market Overview 2025 report reveals that the market size has grown significantly over the past few years, with projections indicating further expansion.
What are the Historical Growth Trends in the Commercial Aircraft Nextgen Avionics Market?
The Commercial Aircraft Nextgen Avionics Global Market Report 2025 market has seen substantial growth in recent years. The market size is projected to increase from $3.39 billion in 2024 to $3.79 billion in 2025, growing at a compound annual growth rate (CAGR) of 11.8%.
What are the 2025 Market Projections: Forecasted Size & Growth Rate for the Commercial Aircraft Nextgen Avionics Industry?
By 2029, the commercial aircraft nextgen avionics market is forecasted to reach a market size of $5.81 billion, growing at a compound annual growth rate (CAGR) of 11.3%.
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What are the Key Growth Drivers Fueling the Commercial Aircraft Nextgen Avionics Market?
The key drivers in the commercial aircraft nextgen avionics market are:
• Emerging market demand for nextgen avionics in commercial aircrafts
• Development and implementation of fuel-efficient airframe designs
• Onset of sustainable aviation materials being used in aircraft production
• Entry of new players into the commercial aircraft avionics market
Global Market Segmentation: Identifying Major Commercial Aircraft Nextgen Avionics Industry Segments
The commercial aircraft nextgen avionics market covered in this report is segmented –
1) By Systems: Flight Management System, Communication System, Electric and Navigation System, Surveillance and Emergency System, Collision Avoidance System, Weather System, Others Systems
2) By Installation Stage: Forward Fit, Retrofit
3) By End User: Regional, Narrow Body, Wide Body
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What are the Emerging Trends Shaping the Future of the Commercial Aircraft Nextgen Avionics Market?
The key trends in the hazmat suits market are:
• Digital cockpit modernisation is a key emerging trend in the market.
• The industry is experiencing advancements in connectivity and communication.
• Autonomous flight technologies are shaping the future of the market.
• AI, machine learning, and advancements in human-machine interface (HMI) are also significant trends.
Who Are the Top Competitors & Leading Players in the Commercial Aircraft Nextgen Avionics Market?
Major companies in the commercial aircraft nextgen avionics market are:
• Cobham Limited
• General Electric Company
• Honeywell International Inc.
• L3Harris Technologies Inc.
• Raytheon Technologies Corporation
• Safran S.A
• Teledyne Technologies Incorporated
• Thales Group
• Elbit Systems of America LLC
• Esterline Technologies Corporation
• Garmin International Inc.
• Panasonic Avionics Corporation
• Universal Avionics Systems.
• BAE Systems plc
• Garmin Ltd.
• Meggitt plc
• UAVIONIX Corporation
• CMC Electronics Inc.
• Astronics Corporation
• GE Aviation LLC
• Avidyne Corporation
• Becker Avionics GmbH
• Cobham Aerospace Communications
• Comant Industries Inc.
• DAC International
• FreeFlight Systems
• Genesys Aerosystems
• Honeywell Aerospace Ltd.
• Innovative Solutions & Support Inc.
• NavWorx Inc.
• Sandel Avionics Inc.
Regional Dominance: Which Area Leads the Global Commercial Aircraft Nextgen Avionics Market?
Asia-Pacific was the largest region in the commercial aircraft nextgen avionics market in 2024
