Flight Management System Market Size, Share, Opportunities, And Trends By Aircraft Size (Small, Medium, Large, Extra Large), By Components (Hardware, Software), And Geography - Forecasts From 2025 to 2030
- Published : Nov 2024
- Report Code : KSI061610564
- Pages : 144
The flight management system market is projected to grow at a CAGR of 6.52% between 2025 to 2030.
The flight management system is an interface between the flight crew and flight desk system, so it is one of the main components in avionics systems as it performs different in-flight operations automatically.
The rising demand for modern aircraft owing to the growing air travel is significantly driving the market for flight management systems market; this is also the main reason for the growing need for advanced navigation and surveillance technologies in airlines which will further augment the demand for flight management systems worldwide.
The next advanced flight management technology will reduce the workload of the pilot, and improve the security and fuel efficiency of the plane. Furthermore, the increasing number of airlines across the globe with an increase in the demand for airplanes and Technological advancements are also going to result in the growth of the Flight Management System market as per the forecasted period. However, the vulnerability of flight management systems to cyber-attacks and the costly maintenance are restraining the growth of the flight management system market.
DRIVERS
Increasing demand for the next generation aircraft.
Growing airline industry
RESTRAINTS
Maintenance and implementation cost is high.
Vulnerability to cyber attack
INDUSTRY UPDATE
In May 2017, General Electric delivers the Flight management system as it readies the Boeing 737, Max.
In May 2018, Universal Avionics said that there was a rise in LPVs Spurs 40% growth in FMS Upgrade.
The major players in this market are General Electric Company, Rockwell Collins, Honeywell International Inc., Universal Avionics System Corporation, and Thales Group.
Segmentation
The flight management system market has been analyzed through the following segments:
By Aircraft Size
Small
Medium
Large
Extra Large
By Components
Hardware
Software
By Geography
North America
USA
Canada
Mexico
South America
Brazil
Argentina
Europe
Germany
France
United Kingdom
Spain
Others
Middle East and Africa
Saudi Arabia
Israel
Others
Asia Pacific
China
Japan
South Korea
India
Others
1. INTRODUCTION
1.1. Market Overview
1.2. Market Definition
1.3. Scope of the Study
1.4. Currency
1.5. Assumptions
1.6. Base, and Forecast Years Timeline
2. RESEARCH METHODOLOGY
2.1. Research Design
2.2. Secondary Sources
3. KEY FINDINGS
4. MARKET DYNAMICS
4.1. Market Segmentation
4.2. Market Drivers
4.3. Market Restraints
4.4. Market Opportunities
4.5. Porter’s Five Forces Analysis
4.5.1. Bargaining Power of Suppliers
4.5.2. Bargaining Power of Buyers
4.5.3. Threat of New Entrants
4.5.4. Threat of Substitutes
4.5.5. Competitive Rivalry in the Industry
4.6. Life Cycle Analysis - Regional Snapshot
4.7. Market Attractiveness
5. FLIGHT MANAGEMENT SYSTEM MARKET BY AIRCRAFT SIZE
5.1. Small
5.2. Medium
5.3. Large
5.4. Extra Large
6. FLIGHT MANAGEMENT SYSTEM MARKET BY COMPONENT
6.1. Hardware
6.2. Software
7. FLIGHT MANAGEMENT SYSTEM MARKET BY GEOGRAPHY
7.1. North America
7.1.1. USA
7.1.2. Canada
7.1.3. Mexico
7.2. South America
7.2.1. Brazil
7.2.2. Argentina
7.3. Europe
7.3.1. Germany
7.3.2. France
7.3.3. United Kingdom
7.3.4. Spain
7.3.5. Others
7.4. Middle East and Africa
7.4.1. Saudi Arabia
7.4.2. Israel
7.4.3. Others
7.5. Asia Pacific
7.5.1. China
7.5.2. Japan
7.5.3. South Korea
7.5.4. India
7.5.5. Others
8. COMPETITIVE INTELLIGENCE
8.1. Competitive Benchmarking and Analysis
8.2. Recent Investments and Deals
8.3. Strategies of Key Players
9. COMPANY PROFILES
9.1. General Electric Company
9.2. Rockwell Collins
9.3. Honeywell Interntional Inc.
9.4. Universal Avionics System Corporation
9.5. Thales Group
LIST OF FIGURES
LIST OF TABLES
General Electric Company
Rockwell Collins
Honeywell International Inc.
Universal Avionics System Corporation
Thales Group
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