Published: February 03, 2010
Airline Recovery to Drive $105 Billion in Commercial Air Transport Avionics Revenues through 2020 According to New Research from G2 Solutions
KIRKLAND, Wash. - (BUSINESS WIRE) - A new research note from G2 Solutions (www.g2globalsolutions.com)
"Commercial Avionics Market Analysis and Forecast, Air Transport
Markets" is available.
The 55-page research note compiles commercial air transport and avionics
market analysis, including a detailed avionics market and systems
forecast from 2008 to 2020. The research also includes forecast period
market share and revenues for avionics and aircraft manufacturers. It
also provides a platform and systems-specific opportunity analysis,
intended to identify existing and potential requirements for the
retrofit market in particular.
In spite of the most severe economic downturn since the 1929 Great
Depression, commercial aircraft deliveries remain steady even while
factoring a significant 2009 orders decline. G2 Solutions concludes that
the air transport avionics market continues to reflect the operational
and budgetary realities facing airlines.
The research emphasizes the importance of quantifiable operational
benefits for avionics supplier's solutions in order to attract orders
from commercial airlines. Michel Merluzeau, G2 Solutions Managing
Partner supports this conclusion, "If a retrofit system cannot
demonstrate substantial value in terms of operational benefits and
resulting costs savings in a relatively short period of time, let's say
three to four years, its probability of adoption by an airline are
significantly reduced."
G2 Solutions forecasts an avionics market of almost $105 billion
combined for forward fit and retrofit market segments to 2020. Markets
will witness a shift toward larger widebody aircraft deliveries during
the forecast period with narrowbody replacements from Airbus and Boeing
entering service between 2020 and 2025.
Nearly 80 percent of the forward fit market is controlled by three
avionics giants: Rockwell Collins, Honeywell and Thales. Thales' market
share continues to rise, thanks to record years at Airbus. Rockwell
Collins will benefit from the 787 entry into service while GE Aviation
continues to augment its market footprint with the recent acquisition of
PBN provider NAVERUS. Honeywell remains exposed to a decline of the
current 737 line while an updated 777 could emerge around 2015-2017.
Please visit http://www.g2globalsolutions.com/publications.html
to obtain more information
About G2 Solutions
G2 Solutions provides customers with a wide range of market intelligence
services. Our analysts are Aerospace and Defense experts with decades of
experience. Research notes deliver time and market critical information,
and are selected by relevance and expert analysis provided to our
customers.
G2 Solutions
Ron Stearns
Direct: 888-482-6025 extension 702
Research
Director
rstearns@g2globalsolutions.com
Copyright © 2012, Business Wire, Inc., All rights reserved.
Copyright © 2012, NewsBlaze,
Daily News