Investments in the F-35 fighter (shown here in a demonstration with the Aegis weapon system) are expected to fuel a major part of the growth in military aircraft avionics markets for the next 10 years. (Courtesy of Lockheed Martin)
Investments in the F-35 fighter (shown here in a demonstration with the Aegis weapon system) are expected to fuel a major part of the growth in military aircraft avionics markets for the next 10 years. (Courtesy of Lockheed Martin)
Investments in the F-35 fighter (shown here in a demonstration with the Aegis weapon system) are expected to fuel a major part of the growth in military aircraft avionics markets for the next 10 years. (Courtesy of Lockheed Martin)
Investments in the F-35 fighter (shown here in a demonstration with the Aegis weapon system) are expected to fuel a major part of the growth in military aircraft avionics markets for the next 10 years. (Courtesy of Lockheed Martin)
Investments in the F-35 fighter (shown here in a demonstration with the Aegis weapon system) are expected to fuel a major part of the growth in military aircraft avionics markets for the next 10 years. (Courtesy of Lockheed Martin)

Security Threats Trigger Strong Avionics Markets

Jan. 21, 2017
A market projection for the next 10 years predicts steady growth in global military aircraft avionics markets.

Security concerns drive many military and aerospace markets, and the military aircraft avionics market is no different, according to projections for global military aircraft avionics market activities through 2027 by market research firm Visiongain. The firm’s latest military market study, the 273-page “Military Aircraft Avionics Market Report, 2017-2027,” includes forecasts by major market segments, including for fixed-wing and rotary-wing aircraft and for retrofit opportunities.

According to the study, the military aircraft avionics market is particularly dynamic and will benefit from a number of system development programs during this period, including for the F-35 fighter aircraft. The need to upgrade and retrofit aircraft for evolving security threats worldwide will also drive spending in military avionics markets. Projections for global market size start with greater than $22.5 billion USD for 2017.

More effective weapons and more efficient use of those weapons are key factors in many avionics development programs, with advanced technologies such as directed-energy weapons playing major components in the growth of military avionics markets over the next 10 years. The push for enhancing avionics systems has already led to such improvements as glass cockpits and helmet-mounted displays. Many of the technology and ergonomic advances expected to be developed during this 10-year period will also offer great potential benefits for commercial aircraft.

As with many of Visiongain’s market research studies, this report covers a great deal of ground, exploring market segments worldwide and the extensive details of 70 major avionics contracts. The report also investigates the business activities and projections of the world’s major contractors for military aircraft avionics hardware and software, including Airbus Group, BAE Systems, Boeing Co., Elbit Systems, General Dynamics Corp., Harris Corp., L-3 Communications, Lockheed Martin, Northrop Grumman, Raytheon Co., Rockwell Collins, and Thales Group. Major national markets include Australia, France, Germany, India, Israel, Italy, Japan, Saudi Arabia, the United Kingdom, and the United States.

Sponsored Recommendations

Microelectromechanical 3D Printing Resources

March 28, 2024
Check out our curated list of microelectromechanical 3D printing resources and see how PµSL technology offers freedom and speed.

Understanding 3D Printing Tolerances: A Guide to Achieving Precision in Additive Manufacturing

March 28, 2024
In the world of additive manufacturing, precision is paramount. One crucial aspect of ensuring precision in 3D printing is understanding tolerances. In this article, we’ll explore...

Making the Case for Micro-Precision 3D Printing

March 28, 2024
Read this white paper to learn how micro-precision 3D printing can provide the flexibility of additive manufacturing at a micro scale.

125 GHz Frequency Doubler using a Waveguide Cavity Produced by Stereolithography

March 28, 2024
Read this technical paper to learn how a 125 GHz frequency doubler using a waveguide cavity was produced by stereolithography.