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Global Flight Navigation System Market Risk Analysis, Competitor Analysis, Choice Modelling, Trends and Forecast by 2022

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May 19, 2017 in World News

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According to Stratistics MRC, the Global Flight Navigation System market is expected to grow from $10.76 billion in 2015 to reach $17.98 billion by 2022 with a CAGR of 7.60%. The increasing demand for aircrafts across the world and rise in the air traffic are driving the market growth. The rising demand for exact navigation and advancing technologies are also an extra benefit to generate business opportunities for the key players in this market. Efforts to diminish CO2 discharge and ecological consciousness are some of the important factors influencing this market. The factors that are hampering the market growth are high costs, difficulty of the systems, and their accuracy. GPS compatibility is also an extensive challenge for the market.

Browse the report: http://www.orbisresearch.com/reports/index/flight-navigation-system-global-market-outlook-2016-2022

Sensors segment witnessed the largest share in market during the forecast period due to the demand for the most recent navigation systems and tools which will help in improving the protection of passengers. RoW region is likely to rise at the maximum CAGR for flight navigation system market. The Middle East, in particular, is likely to witness the maximum traffic increase during the forecast period. Major airlines from this region such as Emirates, Qatar, Etihad, and Air Arabia Airways will emerge as the leading contributors of the flight navigation market.

Some of the key players in global Flight Navigation System market include Esterline Technologies Corp, Garmin Ltd., Honeywell International Inc., Moog Inc., Northrop Grumman Corp, Raytheon Company, Rockwell Collins, Sagem, The Boeing Company, Universal Avionics Corporation, Navtech, and GE Aviation.

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Products Covered:
Flight Navigation Systems
Doppler Navigation System
Hyperbolic Navigation System
Flight Management System
VOR/DME
Inertial Navigation System
Instrument Landing System
Automatic Direction Finder
Radar
Global Navigation Satellite Systems (GNSS)
Heads Up Display
Communication Devices
Aircraft Communication Addressing and Reporting System
Automatic Dependent Surveillance
Portable Avoidance Collision System
Aircraft Transponders
Flight Control Systems
Secondary Flight Controls
Primary Flight Controls
Flight Management Systems
Control Display Unit
Flight Management Computers
Visual Display Unit

Aircraft Types Covered:
Fixed Wing
Rotary Wing

Flight Instruments Covered:
Altimeter
Gyroscope
Turn Rate Gyro
Attitude Gyro
Directional Gyro
Autopilot
Magnetic Compass
Sensors
Air Speed Indicator
Pilot Tube
Vertical Speed Indicator

Regions Covered:
North America
US
Canada
Mexico
Europe
Germany
France
Italy
UK
Spain
Rest of Europe
Asia Pacific
Japan
China
India
Australia
New Zealand
Rest of Asia Pacific
Rest of the World
Middle East
Brazil
Argentina
South Africa
Egypt

What our report offers:
- Market share assessments for the regional and country level segments
- Market share analysis of the top industry players
- Strategic recommendations for the new entrants
- Market forecasts for a minimum of 7 years of all the mentioned segments, sub segments and the regional markets
- Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
- Strategic recommendations in key business segments based on the market estimations
- Competitive landscaping mapping the key common trends
- Company profiling with detailed strategies, financials, and recent developments
- Supply chain trends mapping the latest technological advancements

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