Avionics Market to Grow with Increasing Demand for Intelligent Fleet Management Systems: Fortune Business Insights™

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• Title 1 Global Avionics Market to Grow with
  Increasing Demand for Intelligent Fleet
  Management Systems Fortune Business Insights
• Title 2 Global Avionics Market to Expand as
  Demand for Business Jets and Commercial
  Helicopters Gathers Momentum Fortune Business
  Insights
• Title 3 Global Avionics Market to Gain Traction
  US Air Force Awards 437 Million Contract to GE
  to Implement Next-generation Adaptive Propulsion
  Systems Fortune Business Insights
• Title 4 Global Avionics Market to Benefit as
  Consumers Show Greater Willingness to Spend on
  Air Travel Pune, India, 31st December 2019
• Avionics Market Size, Share, Trends, Research
  Report 2020-2026
• Increasing demand for aircraft worldwide will
  plausibly emerge as the central factor driving
  the global avionics market growth in the
  approaching decade. The world economy is
  progressing at a formidable rate, as per the
  statistics released by the International Monetary
  Fund. Rising incomes are likely to fuel the
  demand for air travel worldwide. According to the
  International Air Transport Association (IATA),
  by 2037, air travel passenger number will double
  from current level to reach 8.2 billion.
  Asia-Pacific will account for majority of this
  surge, with China slated to dethrone the US as
  the worlds largest aviation hub. Moreover,
  increasing air traffic will create close to 100
  million jobs, the IATA states. Accomplishing the
  mammoth task of managing this soaring number of
  aircraft will necessitate the deployment of
  smart, new-age solutions in the aviation
  industry, generating the demand for avionics.
• Browse Report Summary
• https//www.fortunebusinessinsights.com/industry-r
  eports/avionics-market-101819
• List of Prominent Players Identified in the
  Avionics Market Report
• Cobham
• Curtiss-Wright
• Thales
• Teledyne Technologies
• Honeywell
• Garmin
• Meggitt
• L3 Technologies

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• Platform (Helicopters, Business Jets, Commercial,
  Defense), By End-user (Original equipment
  manufacturer, Aftermarket) and Regional Forecast,
  2019-2026, shares the following
• In-depth study of the market segments
• Careful evaluation of the market restraints
• Detailed assessment of the regional developments
  and competitive dynamics of the market and
• 360-degree analysis of the various factors and
  drivers shaping the size, share, and growth of
  the market.
• Growing Applicability of Data Analytics in
  Aviation to Fuel the Market
• Prominent among the avionics market trends is the
  widening range of applications of data analytics
  solutions in flight management. For instance,
  predictive analysis could help the maintenance
  crew to accurately identify the problem areas in
  an aircraft and resolve as effectively as
  possible. Weather information can be used more
  skilfully to alter flightpaths during inclement
  conditions.
• Furthermore, advanced avionic systems can aid in
  significantly enhancing a passengers travel
  experience. For example, Miami International
  Airport launched a Big Data-powered app that
  passengers can use for accessing the necessary
  flight information and support and enrich their
  real-time travel experience. Another example is
  the tie-up between United Airline and Amazon
  under which the airliner employed the AI
  assistant, Alexa, to manage the entire flight
  experience of passengers. These advantages of
  data analytics will considerably expand the
  avionics market size.
• Asia-Pacific to Exhibit Highest CAGR North
  America to Lead the Pack
• Among regions, North America is projected to
  dominate the avionics market share owing to the
  gradual escalation in the number of aircraft
  deliveries in the region. Besides this, presence
  of leading market players, increasing RD
  investment by OEMs, and ready adoption of
  intelligent software in aviation will drive the
  market in North America. On the other hand,
  Asia-Pacific will surge at an impressive CAGR on
  account of rising demand for Low Cost Carriers
  (LCCs), expanding aviation industry, and
  government policies promoting domestic air
  travel in India and China.
• Request a Sample Copy of the Market Research
  Report
• https//www.fortunebusinessinsights.com/enquiry/re
  quest-sample-pdf/avionics-market-101819

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• avionics in Embraers Praetor 500 midsize and
  Praetor 600 super-midsize business jets. The
  system will feature 15-inch LCDs which will
  provide pilots with an extensive range of
  information.
• September 2018 Heliconia of Morocco, Caverton of
  Nigeria, and Titan Helicopters of South Africa,
  the top helicopter operators in Africa, selected
  Honeywell Internationals Avionics Protection
  Plan. The maintenance service plan will enable
  the operators to reduce their maintenance costs
  arising from unforeseen situations and better
  manage their annual maintenance budgets.
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  eak-to-analyst/avionics-market-101819
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