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Technavio Announces Top Five Vendors in the Global Military Aircraft Avionics Market from 2015 to 2019Technavio has announced the top five leading vendors in their recent global military aircraft avionics market report. This research report also lists 11 other prominent vendors that are expected to impact the market during the forecast period. Competitive vendor landscape There is intense competition in the global military avionics market among existing vendors, in terms of cost, product quality, reliability, and market share. To survive and succeed in such an intensely competitive environment, it is crucial for vendors to provide cost-effective and high-quality military aircraft avionics systems. "At present, only a few of the major vendors dominate the global military aircraft avionics market. However, the leading vendors will find themselves in an uncertain position in the value chain amid the shift in market dynamics from developed to developing countries and the change in nature of military procurement in line with defense budget cuts," says Abhay Singh, a lead defense technology research analyst at Technavio. The report also adds that the uncertain procurement of next-generation military fighter aircraft and the limited supply of airborne early warning and fixed-wing surveillance aircraft can lead to intense market pressure for military aircraft avionics system manufacturers. However, there will be an immensely large market in terms of retrofit and aftermarket solutions, as the longevity and service life of the existing military aircraft fleet has increased. Top five military aircraft avionics market vendors Avidyne Corp. Avidyne specializes in designing and manufacturing integrated avionics and safety systems for general aviation aircraft. The company designs and manufactures integrated instruments, VHF (Very high frequency), flight displays, and GPS (Global Positioning System) based navigation, communication, datalink transceivers, and digital flight control systems. The company also offers a wide range of ADS-B, traffic detection, and weather detection sensors. It operates through its facilities in Melbourne, Florida,and Westerville, Ohio. GE GE was established in 1892 and is headquartered in Fairfield, Connecticut, US. It is a diversified infrastructure and financial services company. Its products and services range from aircraft engines, oil and gas production equipment, power generation, and household appliances to business and consumer financing, medical imaging, and industrial products. The company employs 305,000 people worldwide and serves customers in approximately 175 countries. Honeywell (News - Alert) Aerospace Honeywell Aerospace provides aircraft engines, integrated avionics systems and service solutions, and related products and services for aircraft manufacturers, aircraft operators, airlines, military services, and defense and space contractors. It is a business division of Honeywell International. Honeywell Aerospace provides maintenance, monitoring, database, software updates, logistics and sustainment, and other services for business aviation, defense, and helicopters worldwide. Rockwell Collins Rockwell Collins was established in 1933 and is headquartered at Cedar Rapids, Iowa, US. The company designs, produces, and supports communications and aviation systems for commercial and military customers worldwide. The company's revenue was USD 4.98 billion in 2014, and it spent USD 0.93 billion on R&D during the year. Recent Developments
Thales Thales was founded in 1893 and is headquartered in Paris, France. The company is involved in the production, development, and commercialization of products, solutions, and security equipment for the defense and aerospace market. It also offers modernization and upgradation services, as well as retrofit services, repair, maintenance, and upgradation of aircraft parts. The company also provides optronics and electron tubes; computer hardware and software; radar and countermeasure systems; navigation, communications, and identification systems; air traffic management systems; missile defense systems; and semiconductors. Browse Related Reports:
Purchase these three reports for the price of one by becoming a Technavio subscriber. Subscribing to Technavio's reports allows you to download any three reports per month for the price of one. Contact [email protected] with your requirements and a link to our subscription platform. About Technavio Technavio is a leading global technology research and advisory company. The company develops over 2000 pieces of research every year, covering more than 500 technologies across 80 countries. Technavio has about 300 analysts globally who specialize in customized consulting and business research assignments across the latest leading edge technologies. Technavio analysts employ primary as well as secondary research techniques to ascertain the size and vendor landscape in a range of markets. Analysts obtain information using a combination of bottom-up and top-down approaches, besides using in-house market modeling tools and proprietary databases. They corroborate this data with the data obtained from various market participants and stakeholders across the value chain, including vendors, service providers, distributors, re-sellers, and end-users. If you are interested in more information, please contact our media team at [email protected].
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