Helicopter Avionics 2019 Industry Highlights by Competitive Scenario with Impact of New Innovations, Drivers and Challenges to 2023

Helicopter Avionics Industry Research Report 2019 published By MRFR, provides information on Global Helicopter Avionics Industry Size, Share, Trends, Growth and Opportunity Assessment, Regional Analysis and Segmentation By Engine Type, System & Region - Forecast to 2023

Pune , India - January 3, 2019 /MarketersMedia/ —

Helicopter Avionics Market Market Scenario

Over the past decade, significant technological advancements in the field of helicopter avionics have changed the helicopter modernization initiatives. For instance, Boeing, NASA, and Rockwell Collins have collaborated to innovate cockpit avionics systems, such as autopilots, cockpit displays, and flight control systems. Avionics systems play a pivotal role in coherent helicopter movements, and these systems must be upgraded to ensure the safety of passengers.

The National Aeronautics and Space Administration (NASA) have focused on the development of synthetic vision system (SVS) research programs in collaboration with the U.S. Department of Defense (DoD), Federal Aviation Administration (FAA), NASA’s Langley Research Center, Avionics Engineering Center for Synthetic Vision Research, and other industry stakeholders. A huge amount of investment has been made in this project. Some of the major factors driving the helicopter avionics market are the development of autopilot landing system, growing demand for health monitoring system, and the introduction of SVAB technology.

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Key Players

The key players of helicopter avionics market are-

• Avidyne Corporation (U.S.)
• Astronautics Corporation of America (U.S.)
• Cobham Plc (U.K)
• Elbit Systems Ltd (Israel)
• Esterline Technologies Corporation (U.S.)
• Garmin Ltd (U.S.)
• Honeywell International Inc. (U.S.)
• Leonardo S.p.A. (Italy)
• Rockwell Collins (U.S.)
• Thales Group (France)

Industry News

April, 2018, Elbit Systems Ltd., acquired a private-owned U.S. company, Universal Avionics Systems Corporation. This acquisition will enable the company to offer advanced end-to-end cockpit solutions for commercial OEMs and after market customers.

In April 2018, Rockwell Collins signed an agreement with the Brazilian Army Aviation Command to service avionics equipment. The three-year agreement includes local support for Rockwell Collins’ MFD-255EF Multi-Function Displays, HF-9087D High Frequency (HF) Receiver, and Transmitters, as well as Talon RT-8200 digital radios that are part of a modernization program currently underway.

In November 2017, Astronautics Corporation of America signed a contract with Federal Aviation Administration (FAA) to developed avionics cybersecurity systems. The contract is focused on mitigation strategies and safety risk assessments on different avionics, as well as working with other researcher teams to integrate critical elements of independent methodologies from Phase 1A.

In October 2016, Avidyne Corporation signed an agreement with FreeFlight Systems (FFS) to provide FFS RANGR products to Avidyne customers. It will offer a bundled FFS RANGR ADS-IN receiver with IFDs and ADS-B OUT-capable Mode S Transponders.

March 2017, Thales signed an agreement with AirAsia’s 304 A320neos to supply avionics systems, which includes TopFlight FMS, T3CAS, Low Range Radio Altimeter and Emergency Location Transmitters. Additionally, the contract includes a long-term repair-by-the-hour support agreement.

Hence, the global helicopter avionics market is estimated to reach USD 2,583.7 million by 2023 at a CAGR of 9.76 % during the forecast period 2018-2023.

Competitive Landscape

Various growth strategies are being adopted by the key players to retain and/or expand their market share. The key strategy followed by most companies within the helicopter avionics market include adoption of a mix of both organic and inorganic growth strategies, followed by new product developments. Various companies, such as Rockwell Collins, Thales Group, Elbit Systems Ltd., have introduced innovative avionics system in helicopters.

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Market Segmentation and Geographic Overview

For the study, the global helicopter avionics market is segmented into engine type, system, and region.

In terms of engine type, single engine segment accounted for the largest market share of 63.77% in 2016, with a market value of USD 864.5 million, which is projected to witness a CAGR of 10.28% during the forecast period.

On the basis of system, flight management system segment accounted for the largest market share of 24.98% in 2016, with a market value of USD 338.6 million, which is projected to witness a CAGR of 10.03% during the forecast period.

On the basis of region, the market has been segmented into the following regions, namely North America, Europe, Asia Pacific, the Middle East & Africa, and South America. North America region accounted for the largest market share of 38.53% in 2016, with a market value of USD 522.3 million and is projected to witness a CAGR of 10.72% during the forecast period. The region is home to few of the world's most renowned commercial, civil, and military helicopter manufacturers, i.e., Bell Helicopter Textron Inc., Boeing, and MD HELICOPTERS, INC. In addition, the region leads in global technological advancements and, thus, generates very high demand for helicopter avionics systems.

Table of Contents

1 Executive Summary

2 Market Introduction
2.1 Definition
2.2 Scope of the Study
2.3 List of Assumptions
2.4 Market Structure
2.5 Key Takeaways
2.6 Key Buying Criteria

3 Research Methodology
3.1 Research Process
3.2 Primary Research
3.3 Secondary Research
3.4 Market Size Estimation
3.5 Forecast Model

Continued.......

List of Tables

Table 1 Market Synopsis
Table 2 List of Assumptions
Table 3 Major Granted Patents on Helicopter Avionics (19th April 2013 – 19th April 2017)
Table 4 Global Helicopter Avionics Market, by Engine Type, 2015 – 2023 (Usd Million)
Table 5 Global Helicopter Avionics Market, by System, 2015 – 2023 (Usd Million)
Table 6 Global Helicopter Avionics Market, by Region, 2015-2023 (Usd Million)
Table 7 North America: Helicopter Avionics Market, by Country, 2015-2023 (Usd Million)
Table 8 North America: Helicopter Avionics Market, by Engine Type, 2015-2023 (Usd Million)
Table 9 North America: Helicopter Avionics Market, by System, 2015-2023 (Usd Million)

Continued.......

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