The global commercial avionics market is focusing on the improvement of flight operations, which will boost the safety and the efficiency offered by airlines. This Frost & Sullivan study analyzes the global market and provides a 10-year forecast from 2020 to 2030. The total market was worth $34.90 billion in 2020 and, considering the impact of the COVID-19 pandemic, a compound annual growth rate (CAGR) of 6.1% is forecast through to 2030.

The study covers the avionics systems used for communication, navigation, and surveillance. The market is segmented into linefit, retrofit, and aftermarket. Linefit accounts for 94.3% of the market share, and it is driven by the delivery of new aircraft to airlines. Demand for retrofit and aftermarket services comes from existing aircraft utilization by airlines. The pandemic has drastically reduced passenger traffic and decreased aircraft utilization; however, US FAA and EASA regulatory mandates will drive the retrofit market.

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