Global Aircraft Avionics Market Growth, Share, Size, Trends and Forecast (2025 - 2031)

By System;

Hardware and Software

By Avionics type;

Navigation Systems and Communication Systems

By Platform;

Commercial Aviation, Business Jets & General Aviation, Military Aviation, and Helicopters

By End Use;

Original Equipment Manufacturer and Aftermarket

By Geography;

North America, Europe, Asia Pacific, Middle East & Africa, and Latin America - Report Timeline (2021 - 2031)
Report ID: Rn138755055 Published Date: May, 2025 Updated Date: June, 2025

Aircraft Avionics Market Overview

Aircraft Avionics Market (USD Million)

Aircraft Avionics Market was valued at USD 47,841.75 million in the year 2024. The size of this market is expected to increase to USD 73,373.61 million by the year 2031, while growing at a Compounded Annual Growth Rate (CAGR) of 6.3%.


Global Aircraft Avionics Market Growth, Share, Size, Trends and Forecast

*Market size in USD million

CAGR 6.3 %


Study Period2025 - 2031
Base Year2024
CAGR (%)6.3 %
Market Size (2024)USD 47,841.75 Million
Market Size (2031)USD 73,373.61 Million
Market ConcentrationMedium
Report Pages323
47,841.75
2024
73,373.61
2031

Major Players

  • Teledyne Technologies Inc
  • General Electric
  • Panasonic Corporation
  • L3 Harris Technologies
  • Universal Avionics Systems Corporation
  • BAE Systems PLC
  • Meggitt PLC
  • Raytheon Technologies Corporation
  • Thales Group
  • Honeywell International Inc

Market Concentration

Consolidated - Market dominated by 1 - 5 major players

Global Aircraft Avionics Market

Fragmented - Highly competitive market without dominant players


The Aircraft Avionics Market is witnessing robust expansion, driven by rising demand for advanced flight management systems and integrated cockpit technologies. Over the last few years, there has been a steady growth rate of around 12% in the deployment of avionics across both commercial and military aircraft. This is supported by a shift toward next-generation digital platforms and increased automation to improve operational efficiency and safety.

Technology Integration
Significant progress in electronic flight instrument systems and navigation technologies has fueled a 14% rise in the adoption of cutting-edge avionics systems. The integration of real-time data analytics and satellite-based navigation has enhanced situational awareness, leading to a notable transformation in aircraft performance and communication capabilities.

Safety and Efficiency Focus
The market has experienced a 10% growth in demand for collision avoidance systems and enhanced ground proximity warning systems as airlines and defense sectors prioritize safety. The incorporation of predictive maintenance technologies and automated diagnostics has contributed to operational reliability and cost efficiency, driving further market penetration.

Competitive Landscape
The market shows a 13% rise in investments in artificial intelligence (AI)-powered avionics platforms and open architecture systems. Key players are accelerating development of innovative avionics suites that enable multi-functional displays and connected cockpit solutions, reinforcing competitive advantages and opening new revenue streams.

  1. Introduction
    1. Research Objectives and Assumptions
    2. Research Methodology
    3. Abbreviations
  2. Market Definition & Study Scope
  3. Executive Summary
    1. Market Snapshot, By System
    2. Market Snapshot, By Avionics Type
    3. Market Snapshot, By Platform
    4. Market Snapshot, By End Use
    5. Market Snapshot, By Region
  4. Aircraft Avionics Market Dynamics
    1. Drivers, Restraints and Opportunities
      1. Drivers
        1. Increasing Demand for Next-Generation Aircraft
        2. Technological Advancements in Avionics Systems
        3. Focus on Fuel Efficiency and Operational Cost Reduction
        4. Regulatory Mandates and Safety Requirements
      2. Restraints
        1. High Initial Investment
        2. Complex Certification Process
        3. Cybersecurity Concerns
        4. Impact of COVID-19 Pandemic
      3. Opportunities
        1. Rising Demand for Military UAVs
        2. Emergence of Urban Air Mobility (UAM)
        3. Growing Demand for Business Jets
        4. Focus on Sustainable Aviation
    2. PEST Analysis
      1. Political Analysis
      2. Economic Analysis
      3. Social Analysis
      4. Technological Analysis
    3. Porter's Analysis
      1. Bargaining Power of Suppliers
      2. Bargaining Power of Buyers
      3. Threat of Substitutes
      4. Threat of New Entrants
      5. Competitive Rivalry
  5. Market Segmentation
    1. Aircraft Avionics Market, By System, 2021 - 2031 (USD Million)
      1. Hardware
      2. Software
    2. Aircraft Avionics Market, By Avionics Type, 2021 - 2031 (USD Million)

      1. Navigation Systems

      2. Communication Systems

    3. Aircraft Avionics Market, By Platform, 2021 - 2031 (USD Million)
      1. Commercial Aviation

      2. Business Jets and General Aviation

      3. Military Aviation

      4. Helicopters

    4. Aircraft Avionics Market, By End Use, 2021 - 2031 (USD Million)

      1. Original Equipment Manufacturer
      2. Aftermarket
    5. Aircraft Avionics Market, By Geography, 2021 - 2031 (USD Million)
      1. North America
        1. United States
        2. Canada
      2. Europe
        1. Germany
        2. United Kingdom
        3. France
        4. Italy
        5. Spain
        6. Nordic
        7. Benelux
        8. Rest of Europe
      3. Asia Pacific
        1. Japan
        2. China
        3. India
        4. Australia & New Zealand
        5. South Korea
        6. ASEAN (Association of South East Asian Countries)
        7. Rest of Asia Pacific
      4. Middle East & Africa
        1. GCC
        2. Israel
        3. South Africa
        4. Rest of Middle East & Africa
      5. Latin America
        1. Brazil
        2. Mexico
        3. Argentina
        4. Rest of Latin America
  6. Competitive Landscape
    1. Company Profiles
      1. Teledyne Technologies Inc
      2. General Electric
      3. Panasonic Corporation
      4. L3 Harris Technologies
      5. Universal Avionics Systems Corporation
      6. BAE Systems PLC
      7. Meggitt PLC
      8. Raytheon Technologies Corporation
      9. Thales Group
      10. Honeywell International Inc
  7. Analyst Views
  8. Future Outlook of the Market