Military aircraft avionics market set to reach $16.94bn in 2012

Tuesday 14 February 2012, Amsterdam

New analysis indicates that the military aircraft avionics market will reach a value of $16.94bn in 2012, as militaries around the world continue to develop and upgrade their avionics capabilities for a number of military settings and roles.

The analyst commented that 'The market for military aircraft avionics is set for expansion over the coming years, as not only will prominent militaries such as the US want to continue to upgrade their airpower capabilities, but emerging nations such as India, China, Brazil, and Saudi Arabia will also be seeking to develop their own air forces. The recent campaign in Libya highlighted that air power is still very much relevant to today's world, and avionics are a central part of this'.

The report contains 125 tables, charts and graphs that add visual analysis in order to explain developing trends within the military aircraft avionics market. The new study provides forecasts for the period 2012-2022 in terms of value (US$) for the global military aircraft avionics market, as well as for 4 submarkets (Fixed-wing military aircraft forward-fit avionics submarket, Fixed-wing military aircraft retrofit avionics submarket, Rotary-wing military aircraft forward-fit avionics submarket, Rotary-wing military aircraft retrofit avionics submarket) of the military aircraft avionics market. In addition, 15 national military aircraft avionics markets are forecast and analysed over the period 2012-2022. The report provides profiles of 15 leading companies operating within the market, and includes 2 exclusive interviews with principal military aircraft avionics companies, providing expert insight alongside the analysis.

The Military Aircraft Avionics Market 2012-2022 report will be of value to current and future investors into the military aircraft avionics industry, as well as companies and research centres who wish to broaden their knowledge of the military aircraft avionics market.