Avionics Market worth $82.33 billion by 2030 - Exclusive Report by MarketsandMarkets™
07.08.2025 - 18:07:38
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Browse in-depth TOC on "Avionics Market"
125 – Tables
90 – Figures
280 – Pages
Avionics Market Report Scope:
Report Coverage
Details
Market Revenue in 2025
$ 56.22 billion
Estimated Value by 2030
$ 82.33 billion
Growth Rate
Poised to grow at a CAGR of 7.9%
Market Size Available for
2020–2030
Forecast Period
2025–2030
Forecast Units
Value (USD Million/Billion)
Report Coverage
Revenue Forecast, Competitive Landscape, Growth Factors, and Trends
Segments Covered
By Fit, Platform, and System and region
Geographies Covered
North America, Europe, Asia Pacific, and Rest of World
Key Market Challenge
Cybersecurity vulnerabilities
Key Market Opportunities
Advent of advanced connectivity solutions
Key Market Drivers
Increasing aircraft production
Special mission aircraft is projected to be the fastest-growing platform during the forecast period.
The special mission aircraft segment is experiencing rapid growth due to an increased demand for customized, mission-specific solutions. Governments, defense forces, and private organizations are investing in specialized aircraft for surveillance, reconnaissance, and disaster response. Avionics plays a critical role in enhancing these aircraft's capabilities by providing advanced communication, navigation, and sensor systems. As the need for versatile and technologically sophisticated special mission aircraft grows, the avionics market is responding with tailored solutions to meet unique operational requirements. This segment's expansion is further driven by a continuous focus on security, emergency response, and the evolving demands of specialized aerial missions.
Power & data management systems are expected to exhibit substantial growth during the forecast period.
The power & data management systems segment is experiencing substantial growth, driven by the increasing complexity and demand for efficient energy use in aircraft. Advanced avionics systems require sophisticated power and data management to optimize performance and ensure reliability. As aircraft technology advances, there is a growing need for integrated systems that can accommodate the diverse requirements of various avionic components. Power & data management solutions are essential for improving fuel efficiency, reducing operational costs, and enhancing the overall reliability of these systems.
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North America is anticipated to be the largest market for avionics during the forecast period.
North America is expected to hold the largest share in the avionics industry due to rapid technological advancements and implementations, such as NextGen air traffic systems, which mandate avionics upgrades across fleets. This region excels in integrating advanced cockpit systems, including synthetic vision and real-time data processing. Major US companies like Honeywell, Collins Aerospace, and Garmin are at the forefront of global avionics innovation and exports. Additionally, there is a strong demand for certified avionics retrofits in aging general aviation and commercial aircraft. The Federal Aviation Administration (FAA) has established a proactive regulatory framework that accelerates technology approvals and compliance-based upgrades. The high adoption rate of Automatic Dependent Surveillance-Broadcast (ADS-B) and satellite-based navigation systems has also led to increased replacements of avionics systems. North America's robust ecosystem for avionics testing, simulation, and certification further positions it as a global hub for avionics development and deployment.
RTX (US), Honeywell International Inc. (US), L3Harris Technologies Inc. (US), General Electric (US), Thales (France), Curtiss-Wright Corporation (US), Elbit Systems Ltd (Israel), Northrop Grumman Corporation (US), BAE Systems (UK), Garmin Ltd (US), Transdigm Group (US), Leonardo SpA (Italy), Astronautics Corporation Of America (US), Meggit PLC (UK), and Safran SA (France) are the major players in the avionics companies. These companies have strong distribution networks across North America, Europe, Asia Pacific, the Middle East, and the Rest of the World.
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