HOME Top Market Reports Electronic Flight Instrument System (EFIS) Market by Application (Flight, Engine Monitoring, Navigation), Sub-system (Display, Communication & Navigation, Flight Management), Fit (ADS-B, EVS), Platform (Fixed, Rotary) and Region - Global Forecast to 2021

Electronic Flight Instrument System (EFIS) Market by Application (Flight, Engine Monitoring, Navigation), Sub-system (Display, Communication & Navigation, Flight Management), Fit (ADS-B, EVS), Platform (Fixed, Rotary) and Region - Global Forecast to 2021

By: marketsandmarkets.com
Publishing Date: January 2017
Report Code: AS 4927

 

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The electronic flight instrument system (EFIS) market is projected to grow from USD 867.9 Million in 2016 to USD 1,139.6 Million by 2021, at a CAGR of 5.60% during the forecast period. The objective of this study is to analyze, define, describe, and forecast the electronic flight instrument system market based on application, subsystem, fit, and platform. The report also focuses on the competitive landscape of this market by profiling companies based on their financial position, product portfolio, growth strategies, and analyzing their core competencies and market share to anticipate the degree of competition prevailing in the market. This report also tracks and analyzes competitive developments, such as partnerships, mergers & acquisitions, new product developments, and research & development (R&D) activities in the market. The base year considered for this study is 2015 and the forecast period is from 2016 to 2021.

The research methodology used to estimate and forecast the electronic flight instrument system market includes study of data and revenues of key market players through secondary resources, such as annual reports, Yahoo Finance, Federal Aviation Administration (FAA), International Civil Aviation Organization (ICAO), International Air Transport Association (IATA), and Stockholm International Peace Research Institute (SIPRI). The bottom-up procedure was employed to arrive at the overall size of the market from the revenue of key players in the market. After arriving at the overall market size, the market was split into several segments and sub segments, which were then verified through primary research by conducting extensive interviews with key industry experts, such as CEOs, VPs, directors, executives, and engineers. These data triangulation and market breakdown procedures were employed to complete the overall market engineering process and arrive at the exact statistics for all segments and sub segments. Breakdown of profiles of primaries is shown in the figure given below:

Electronic Flight Instrument System (EFIS) Market

To know about the assumptions considered for the study, download the pdf brochure

Market Ecosystem

The ecosystem of the electronic flight instrument system market has been segmented based on subsystem, application, fit, and platform. The electronic flight instrument system value chain includes component suppliers, such as Honeywell International Inc. (U.S.), Rockwell Collins, Inc. (U.S.), Esterline Technologies Corporation (U.S.), Astronics Corporation (U.S.), L-3 Communications Holding Inc. (U.S.), Dynon Avionics (U.S.), Genesys Aerosystems (U.S.), Aspen Avionics (U.S.), Avidyne Corporation (U.S.), and Garmin Ltd. (Switzerland). Boeing Company (U.S.), Airbus Group (France), Gulfstream Aerospace Corporation (U.S.), Bombardier Inc. (Canada), and Embraer SA (Brazil) are some of the aircraft manufacturers using electronic flight instrument system manufactured by the various component suppliers listed above. Contracts and agreements & partnerships are the major strategies adopted by key players operational in the market.

Target Audience for this Report

  • Manufacturers of Electronic Flight Instrument System
  • Original Equipment Manufacturers (OEMs)
  • Sub-component Manufacturers
  • Technology Support Providers
  • Government and Certification Bodies
  • Aircraft Manufacturer Associations

“This study answers several questions for stakeholders, primarily, which market segments to focus on during the next two to five years to prioritize their efforts and investments.”

Scope of the Report:

Electronic Flight Instrument System Market, By Application

  • Navigation
  • Flight Attitude
  • Aircraft Engine Monitoring

Electronic Flight Instrument System Market, By Subsystem

  • Communication & Navigation Systems
  • Display Systems
  • Flight Management Controls & Systems
  • Processing Systems

Electronic Flight Instrument System Market, By Platform

  • Fixed Wing
  • Rotary Wing

Electronic Flight Instrument System Market, By Fit

  • Linefit
  • Retrofit

Electronic Flight Instrument System Market, By Region

  • North America
  • Europe
  • Asia-Pacific
  • Rest of the World

Available Customizations

Along with market data, MarketsandMarkets offers customizations as per specific needs of a company. The following customization options are available for this report:

  • Geographic analysis
    • Further breakdown of the rest of the world market
  • Company information
    • Detailed analysis and profiling of additional market players (up to five)
  • Additional level segmentation

Table of Contents

1 Introduction (Page No. - 16)
    1.1 Objectives of the Study
    1.2 Market Definition
    1.3 Study Scope
           1.3.1 Markets Covered
           1.3.2 Regional Scope
           1.3.3 Years Considered for the Study
    1.4 Currency & Pricing
    1.5 Study Limitations
    1.6 Market Stakeholders

2 Research Methodology (Page No. - 20)
    2.1 Research Data
           2.1.1 Secondary Data
                    2.1.1.1 Key Data From Secondary Sources
           2.1.2 Primary Data
                    2.1.2.1 Key Data From Primary Sources
                    2.1.2.2 Key Industry Insights
                    2.1.2.3 Breakdown of Primaries
    2.2 Factor Analysis
           2.2.1 Introduction
           2.2.2 Demand-Side Indicators
                    2.2.2.1 Increase in Global Air Traffic
                    2.2.2.2 Need for In-Flight Safety
                    2.2.2.3 Increased Need for Operational Efficiency
           2.2.3 Supply-Side Indicators
                    2.2.3.1 Development of Advanced Efis By Manufacturers
    2.3 Market Size Estimation
           2.3.1 Bottom-Up Approach
           2.3.2 Top-Down Approach
    2.4 Data Triangulation
    2.5 Research Assumptions

3 Executive Summary (Page No. - 31)

4 Premium Insights (Page No. - 35)
    4.1 Attractive Market Opportunities in the Electronic Flight Instrument System Market
    4.2 Electronic Flight Instrument System Market, By Subsystems
    4.3 Electronic Flight Instrument System Market Size, By Application
    4.4 Electronic Flight Instrument System Market, By Platform
    4.5 Market Share and Growth Analysis, By Region

5 Market Overview (Page No. - 38)
    5.1 Introduction
    5.2 Market Segmentation
           5.2.1 By Application
           5.2.2 By Subsystem
           5.2.3 By Fit
           5.2.4 By Platform
    5.3 Market Dynamics
           5.3.1 Drivers
                    5.3.1.1 Increasing Need for Lightweight Systems With More Functionalities and Better Accuracy
                    5.3.1.2 Enhanced Safety and Situational Awareness With Efis
                    5.3.1.3 Automation of Flight Controls
           5.3.2 Restraints
                    5.3.2.1 Stringent Industry Regulations Pertaining to Efis Subsystems
                    5.3.2.2 High Cost of Technology Used in Efis Subsystems
           5.3.3 Opportunities
                    5.3.3.1 Retrofit and Aftermarket
                    5.3.3.2 Increasing Demand for New Aircraft
           5.3.4 Challenges
                    5.3.4.1 Adequate Pilot Training for the Efficient Use of Efis
                    5.3.4.2 Increased Complexity
                    5.3.4.3 Display Blackout Due to System Failure

6 Industry Trends (Page No. - 46)
    6.1 Introduction
    6.2 Advancements in Existing Technologies
           6.2.1 Attitude Heading Reference System (AHRS)
           6.2.2 Traffic Alert and Collision Avoidance System (TCAS)
           6.2.3 Terrain Awareness and Warning Systems (TAWS)
           6.2.4 Automatic Dependent Surveillance – Broadcast (ADS-B)
           6.2.5 Enhanced Vision System (EVS)
           6.2.6 Automatic Flight Control System (AFCS)
    6.3 Patent Registrations

7 Electronic Flight Instrument System Market, By Application (Page No. - 51)
    7.1 Introduction
    7.2 Navigation
    7.3 Flight Attitude
    7.4 Aircraft Engine Monitoring

8 Electronic Flight Instrument System Market, By Sub-System (Page No. - 55)
    8.1 Introduction
    8.2 Display Systems
           8.2.1 Primary Flight Display (PFD)
           8.2.2 Multi-Function Display (MFD)
           8.2.3 Engine Indicating and Crew Alerting System (EICAS)
    8.3 Communication & Navigation Systems
           8.3.1 Enhanced Vision System (EVS)
           8.3.2 Automatic Dependent Surveillance- Broadcast (ADS-B)
           8.3.3 Global Positioning System (GPS)
           8.3.4 Radios
           8.3.5 Terrain Avoidance and Warning System (TAWS)
    8.4 Flight Management Controls & Systems
           8.4.1 Automated Flight Control (Auto-Pilot)
           8.4.2 Electronic Flight Bag (EFB)
    8.5 Processing Systems
           8.5.1 Air Data Computer

9 Electronic Flight Instrument System Sub-System Market, By Fit (EVS & ADS-B) (Page No. - 61)
    9.1 Introduction
    9.2 Linefit
           9.2.1 Automatic Dependent Surveillance-Broadcast (ADS-B)
           9.2.2 Enhanced Vision System
    9.3 Retrofit
           9.3.1. Automatic Dependent Surveillance- Broadcast (ADS-B)
           9.3.2 Enhanced Vision System

10 Electronic Flight Instrument System Market, By Platform (Page No. - 67)
     10.1 Introduction
     10.2 Fixed Wing
             10.2.1 Narrow Body Aircraft
             10.2.2 Wide Body Aircraft
             10.2.3 Very Large Aircraft
             10.2.4 Regional Transport Aircraft
             10.2.5 Business Jets
             10.2.6 Light Aircraft
     10.3 Rotary Wing

11 Integrated Standby Instrument System (ISIS) (Page No. - 72)

12 Regional Analysis (Page No. - 74)
     12.1 Introduction
     12.2 North America
             12.2.1 By Sub-System
             12.2.2 By Application
             12.2.3 By Platform
             12.2.4 By Country
                        12.2.4.1 U.S.
                                     12.2.4.1.1 By Sub-System
                                     12.2.4.1.2 By Application
                                     12.2.4.1.3 By Platform
                        12.2.4.2 Canada
                                     12.2.4.2.1 By Sub-System
                                     12.2.4.2.2 By Application
                                     12.2.4.2.3 By Platform
     12.3 Europe
             12.3.1 By Sub-System
             12.3.2 By Application
             12.3.3 By Platform
             12.3.4 By Country
             12.3.5 U.K.
                        12.3.5.1 By Sub-System
                        12.3.5.2 By Application
                        12.3.5.3 By Platform
             12.3.6 France
                        12.3.6.1 By Sub-System
                        12.3.6.2 By Application
                        12.3.6.3 By Platform
             12.3.7 Germany
                        12.3.7.1 By Sub-System
                        12.3.7.2 By Application
                        12.3.7.3 By Platform
             12.3.8 Russia
                        12.3.8.1 By Sub-System
                        12.3.8.2 By Application
                        12.3.8.3 By Platform
     12.4 Asia-Pacific
             12.4.1 By Sub-System
             12.4.2 By Application
             12.4.3 By Platform
             12.4.4 By Country
                        12.4.4.1 China
                                     12.4.4.1.1 By Sub-System
                                     12.4.4.1.2 By Application
                                     12.4.4.1.3 By Platform
                        12.4.4.2 Japan
                                     12.4.4.2.1 By Sub-System
                                     12.4.4.2.2 By Application
                                     12.4.4.2.3 By Platform
                        12.4.4.3 India
                                     12.4.4.3.1 By Sub-Systems
                                     12.4.4.3.2 By Application
                                     12.4.4.3.3 By Platform
     12.5 Rest of the World
             12.5.1 By Sub-System
             12.5.2 By Application
             12.5.3 By Platform
             12.5.4 By Country
                        12.5.4.1 UAE
                                     12.5.4.1.1 By Sub-System
                                     12.5.4.1.2 By Application
                                     12.5.4.1.3 By Platform
                        12.5.4.2 Brazil
                                     12.5.4.2.1 By Sub-System
                                     12.5.4.2.2 By Application
                                     12.5.4.2.3 By Platform
                        12.5.4.3 South Africa
                                     12.5.4.3.1 By Sub-System
                                     12.5.4.3.2 By Application
                                     12.5.4.3.3 By Platform

13 Competitive Landscape (Page No. - 111)
     13.1 Introduction
     13.2 Market Ranking Analysis of Electronic Flight Instrument System Market
     13.3 Brand Analysis
     13.4 Competitive Situation and Trends
             13.4.1 Contracts
                        13.4.1.1 New Product Launches
                        13.4.1.2 Agreements & Partnerships
                        13.4.1.3 Acquisitions

14 Company Profiles (Page No. - 125)
(Overview, Products and Services, Financials, Strategy & Development)*
     14.1 Introduction
     14.2 Financial Highlights
     14.3 Honeywell International Inc.
     14.4 L-3 Communications Holdings, Inc.
     14.5 Rockwell Collins, Inc.
     14.6 Esterline Technologies Corporation
     14.7 Garmin Ltd.
     14.8 Astronautics Corporation of America
     14.9 Avidyne Corporation
     14.10 Genesys Aerosystems
     14.11 Aspen Avionics, Inc.
     14.12 Dynon Avionics

*Details on Overview, Products and Services, Financials, Strategy & Development Might Not Be Captured in Case of Unlisted Companies

15 Appendix (Page No. - 157)
     15.1 Discussion Guide
     15.2 Knowledge Store: Marketsandmarkets’ Subscription Portal
     15.3 Introducing RT: Real Time Market Intelligence
     15.4 Available Customizations
     15.5 Related Reports
     15.6 Author Details


List of Tables (75 Tables)

Table 1 Electronic Flight Instrument System Market: By Application
Table 2 Electronic Flight Instrument System Market: By Subsystem
Table 3 Electronic Flight Instrument System Market: By Fit
Table 4 Electronic Flight Instrument System Market: By Platform
Table 5 Electronic Flight Instrument System Market Size, By Application, 2014-2021 (USD Million)
Table 6 Electronic Flight Instrument Sytem Market Size in Navigation, By Region, 2014-2021 (USD Million)
Table 7 Electronic Flight Instrument Sytem Market Size in Flight Attitude, By Region, 2014-2021 (USD Million)
Table 8 Electronic Flight Instrument Sytem Market Size in Aircraft Engine Monitoring, By Region, 2014-2021 (USD Million)
Table 9 Electronic Flight Instrument System Market Size, By Sub-System, 2014-2021 (USD Million)
Table 10 Electronic Flight Instrument System Market Size in Display Systems, By Type, 2014-2021 (USD Million)
Table 11 Electronic Flight Instrument Sytem Market Size in Display Systems, By Region, 2014-2021 (USD Million)
Table 12 Electronic Flight Instrument Sytem Market Size in Communication & Navigation Systems, By Type, 2014-2021 (USD Million)
Table 13 Electronic Flight Instrument Sytem Market Size in Communication & Navigation Systems, By Region, 2014-2021 (USD Million)
Table 14 Electronic Flight Instrument Sytem Market Size in Flight Management Controls & Systems, By Type, 2014-2021 (USD Million)
Table 15 Electronic Flight Instrument Sytem Market Size in Flight Management Controls & Systems, By Region, 2014-2021 (USD Million)
Table 16 Electronic Flight Instrument Sytem Market Size in Processing Systems, By Region, 2014-2021 (USD Million)
Table 17 Electronic Flight Instrument Sub-System Market Size, By Fit, 2014-2021 (USD Million)
Table 18 Electronic Flight Instrument System Market, By Platform, 2014-2021 (USD Million)
Table 19 Electronic Flight Instrument System Market Size, By Region, 2014-2021 (USD Million)
Table 20 North America Electronic Flight Instrument System Market Size, By Sub-System, 2014-2021 (USD Million)
Table 21 North America Electronic Flight Instrument System Market Size, By Application, 2014-2021 (USD Million)
Table 22 North America Electronic Flight Instrument System Market Size, By Platform, 2014-2021 (USD Million)
Table 23 North America Electronic Flight Instrument System Market Size, By Country, 2014-2021 (USD Million)
Table 24 U.S. Electronic Flight Instrument System Market Size, By Sub-System, 2014-2021 (USD Million)
Table 25 U.S. Electronic Flight Instrument Market Size, By Application, 2014-2021 (USD Million)
Table 26 U.S. Electronic Flight Instrument System Market Size, By Platform, 2014-2021 (USD Million)
Table 27 Canada Electronic Flight Instrument System Market Size, By Sub-System, 2014-2021 (USD Million)
Table 28 Canada Electronic Flight Instrument System Market Size, By Application, 2014-2021 (USD Million)
Table 29 Canada Electronic Flight Instrument System Market Size, By Platform, 2014-2021 (USD Million)
Table 30 Europe Electronic Flight Instrument System Market Size, By Sub-System, 2014-2021 (USD Million)
Table 31 Europe Electronic Flight Instrument System Market Size, By Application, 2014-2021 (USD Million)
Table 32 Europe Electronic Flight Instrument System Market Size, By Platform, 2014-2021 (USD Million)
Table 33 Europe Electronic Flight Instrument System Market Size, By Country, 2014-2021 (USD Million)
Table 34 U.K. Electronic Flight Instrument System Market Size, By Sub-System, 2014-2021 (USD Million)
Table 35 U.K. Electronic Flight Instrument System Market Size, By Application, 2014-2021 (USD Million)
Table 36 U.K. Electronic Flight Instrument System Market Size, By Platform, 2014-2021 (USD Million)
Table 37 France Electronic Flight Instrument System Market Size, By Sub-System, 2014-2021 (USD Million)
Table 38 France Electronic Flight Instrument System Market Size, By Application, 2014-2021 (USD Million)
Table 39 France Electronic Flight Instrument System Market Size, By Platform, 2014-2021 (USD Million)
Table 40 Germany Electronic Flight Instrument System Market Size, By Sub-System, 2014-2021 (USD Million)
Table 41 Germany Electronic Flight Instrument System Market Size, By Application, 2014-2021 (USD Million)
Table 42 Germany Electronic Flight Instrument System Size, By Platform, 2014-2021 (USD Million)
Table 43 Russia Electronic Flight Instrument System Market Size, By Sub-System, 2014-2021 (USD Million)
Table 44 Russia Electronic Flight Instrument System Market Size, By Application, 2014-2021 (USD Million)
Table 45 Russia Electronic Flight Instrument System Market Size, By Platform, 2014-2021 (USD Million)
Table 46 Asia-Pacific Electronic Flight Instrument System Market Size, By Sub-Systems, 2014-2021 (USD Million)
Table 47 Asia-Pacific Electronic Flight Instrument System Market Size, By Application, 2014-2021 (USD Million)
Table 48 Asia-Pacific Electronic Flight Instrument System Market Size, By Platform, 2014-2021 (USD Million)
Table 49 Asia-Pacific Electronic Flight Instrument System Market Size, By Country, 2015-2021 (USD Million)
Table 50 China Electronic Flight Instrument System Market Size, By Sub-System, 2014-2021 (USD Million)
Table 51 China Electronic Flight Instrument Market Size, By Application, 2014-2021 (USD Million)
Table 52 China Electronic Flight Instrument Market Size, By Platform, 2014-2021 (USD Million)
Table 53 Japan Electronic Flight Instrument System Market Size, By Sub-System, 2014-2021 (USD Million)
Table 54 Japan Electronic Flight Instrument System Market Size, By Application, 2014-2021 (USD Million)
Table 55 Japan Electronic Flight Instrument System Market Size, By Platform, 2014-2021 (USD Million)
Table 56 India Electronic Flight Instrument System Market Size, By Sub-Systems, 2014-2021 (USD Million)
Table 57 India Electronic Flight Instrument System Market Size, By Application, 2014-2021 (USD Million)
Table 58 India Electronic Flight Instrument System Market Size, By Platform, 2014-2021 (USD Million)
Table 59 Rest of the World Electronic Flight Instrument System Market, By Sub-System, 2014-2021 (USD Million)
Table 60 Rest of the World Electronic Flight Instrument System Market, By Application, 20154-2021 (USD Million)
Table 61 Rest of the World Electronic Flight Instrument System Market, By Platform, 2015-2021 (USD Million)
Table 62 Rest of the World Electronic Flight Instrument System Market, By Country, 2014-2021 (USD Million)
Table 63 UAE Electronic Flight Instrument System Market Size, By Sub-System, 2014-2021 (USD Million)
Table 64 UAE Electronic Flight Instrument System Market Size, By Application, 2014-2021 (USD Million)
Table 65 UAE Electronic Flight Instrument System Market Size, By Platform, 2014-2021 (USD Million)
Table 66 Brazil Electronic Flight Instrument System Market Size, By Sub-System, 2014-2021 (USD Million)
Table 67 Brazil Electronic Flight Instrument System Market Size, By Application, 2014-2021 (USD Million)
Table 68 Brazil Electronic Flight Instrument System Market Size, By Platform, 2014-2021 (USD Million)
Table 69 South Africa Electronic Flight Instrument System Market Size, By Sub-System, 2014-2021 (USD Million)
Table 70 South Africa Electronic Flight Instrument System Market Size, By Application, 2014-2021 (USD Million)
Table 71 South Africa Electronic Flight Instrument System Market Size, By Platform, 2014-2021 (USD Million)
Table 72 Contracts, April, 2013 – November, 2016
Table 73 New Product Launches, April, 2013 - November, 2016
Table 74 Agreements & Partnerships, April, 2013 - November, 2016
Table 75 Acquisitions, April, 2013 - November, 2016.


List of Figures (55 Figures)

Figure 1 Electronic Flight Instrument System Market: Markets Covered
Figure 2 Years Considered for the Study
Figure 3 Research Process Flow
Figure 4 Research Design
Figure 5 Breakdown of Primary Interviews: By Company, Designation and Region
Figure 6 Global Air Passenger Growth (%), 2005-2015
Figure 7 Benefits of Electronic Flight Instrument System
Figure 8 Market Size Estimation Methodology: Bottom-Up Approach
Figure 9 Market Size Estimation Methodology: Top-Down Approach
Figure 10 Data Triangulation
Figure 11 Assumptions of the Research Study
Figure 12 Electronic Flight Instrument System Market, By Application, 2016 & 2021 (USD Million)
Figure 13 The Communication & Navigation Systems Segment is Estimated to Lead the Electronic Flight Instrument System Market in 2016
Figure 14 Asia-Pacific Projected to Be the Fastest-Growing Market for Electronic Flight Instrument System During the Forecast Period
Figure 15 Contracts and New Product Launches Were the Key Growth Strategies Between April 2013 and November 2016
Figure 16 Increasing Demand for Electronic Flight Instrument Systems to Drive the Market Growth During the Forecast Period
Figure 17 The Flight Management Controls & Systems Segment is Projected to Grow at the Highest CAGR During the Forecast Period
Figure 18 Navigation is Projected to Be the Largest Application Segment By 2021
Figure 19 The Fixed Wing Segment is Projected to Grow at the Highest CAGR During the Forecast Period
Figure 20 North America to Dominate the Electronic Flight Instrument System Market in 2016
Figure 21 Electronic Flight Instrument System Market Segmentation
Figure 22 Electronic Flight Instrument System: Drivers, Restraints, Opportunities & Challenges
Figure 23 Patent Registration in Electronic Flight Instrument System (2011-2016)
Figure 24 Navigation Segment Projected to Grow at the Highest CAGR During the Forecast Period
Figure 25 The Flight Management Controls & Systems Segment Projected to Grow at the Highest CAGR During the Forecast Period
Figure 26 Retrofit Segment Projected to Grow at the Highest CAGR During the Forecast Period
Figure 27 Enhanced Vision System (EVS) Projected to Grow at the Highest CAGR During the Forecast Period
Figure 28 Automatic Dependent Surveillance–Broadcast (ADS–B) Projected to Grow at A Higher CAGR During the Forecast Period
Figure 29 Fixed Wing Segment is Projected to Grow at A Higher CAGR During the Forecast Period
Figure 30 Accident Rates of Worldwide Commercial Jet Fleet, By Type of Operation, 2006-2015
Figure 31 Electronic Flight Instrument System Market: Regional Snapshot, 2016-2021
Figure 32 North America Electronic Flight Instrument System Market Snapshot
Figure 33 Europe Electronic Flight Instrument System Market Snapshot
Figure 34 Asia-Pacific Electronic Flight Instrument System Market Snapshot
Figure 35 Rest of the World Electronic Flight Instrument System Market Snapshot
Figure 36 Companies Adopted Contracts as A Key Growth Strategy From April 2013 to November 2016
Figure 37 Ranking of Key Players in Electronic Flight Instrument System Market in 2015
Figure 38 Brand Analysis: Electronic Flight Instrument System Market
Figure 39 Regional Presence of Top Five Players in the Electronic Flight Instrument System Market, 2015
Figure 40 Electronic Flight Instrument System Market Evolution Framework, April 2013 to November 2016
Figure 41 Leading Companies in the Electronic Flight Instrument System Market, By Region
Figure 42 Contracts and New Product Launches Were the Key Growth Strategies Adopted By Key Players Between April 2013 and November 2016
Figure 43 Regional Revenue Mix of Key Market Players, 2015
Figure 44 Financial Highlights of Major Players in the Electronic Flight Instrument System Market
Figure 45 Honeywell International Inc.: Company Snapshot
Figure 46 Honeywell International Inc.: SWOT Analysis
Figure 47 L-3 Communications Holdings, Inc..: Company Snapshot
Figure 48 L-3 Communications Holdings, Inc.: SWOT Analysis
Figure 49 Rockwell Collins, Inc.: Company Snapshot
Figure 50 Rockwell Collins, Inc: SWOT Analysis
Figure 51 Esterline Technologies Corporation: Company Snapshot
Figure 52 Esterline Technologies Corporation: SWOT Analysis
Figure 53 Garmin Ltd.: Company Snapshot
Figure 54 Garmin Ltd.: SWOT Analysis
Figure 55 Astronautics Corporation of America: Company Snapshot

The electronic flight instrument system market is expected to grow from USD 867.9 Million in 2016 to USD 1,139.6 Million by 2021, at a CAGR of 5.60% during the forecast period. Increasing need for lightweight systems with more functionalities and better accuracy, enhanced safety and situational awareness with electronic flight instrument system, and automation of flight controls are factors expected to drive the market. Key players operational in the market are Honeywell International Inc. (U.S.), Rockwell Collins, Inc. (U.S.), Esterline Technologies Corporation (U.S.), Astronics Corporation (U.S.), L-3 Communications Holding Inc. (U.S.), Dynon Avionics (U.S.), and Garmin Ltd. (Switzerland).

Based on application, the electronic flight instrument system market has been segmented into navigation, flight attitude, and aircraft engine monitoring. The navigation segment of the market is expected to witness highest growth during the forecast period. Pilots depend on navigation information, such as yaw, pitch, bank, and roll movements of the aircraft for safe operations. New and improved systems, such as terrain avoidance system, Enhanced Vision System (EVS), global positioning system (GPS), and Automatic Dependent Surveillance-Broadcast (ADS-B) are is expected to fuel the growth of the navigation segment in the market.

Based on subsystem, the flight management controls & systems segment is projected to witness the highest growth. Flight management controls & systems are crucial subsystem of the electronic flight instrument system. It includes automated flight control and Electronic Flight Bag (EFB). Flight management controls & systems are expected to be increasingly used in new aircraft, due to increase in automation in various in-flight tasks that the systems offer. This is one of the key factors propelling growth of the flight management controls & systems segment.

North America is estimated to lead the electronic flight instrument system market during the forecast period. The market in North America is driven by the presence of large number of Original Equipment Manufacturers (OEMs) and the presence of key market players, such as Honeywell International Inc. (U.S.), Rockwell Collins, Inc. (U.S.). Asia-Pacific is projected to be the fastest-growing market for electronic flight instrument system. This high growth can be attributed to the presence of large OEMs, such as Thomas Global Systems (Australia) and Microair Avionics Pty Ltd. (Australia), increasing demand for lightweight systems on board aircraft, and technological upgradation from traditional electro-mechanical to advanced electronic deck systems in the region.

Electronic Flight Instrument System (EFIS) Market

Aircraft manufacturers as well as OEMs need high initial capital to set up machinery, skilled workforce, state-of-the-art technical equipment, and integration platforms. Manufactured components also need to be approved by various authorities before they are installed on board an aircraft. Furthermore, it is difficult to obtain approval for the replacement of conventional systems with electronic systems. These may act as restraints for the growth of the electronic flight instrument system market.

The electronic flight instrument system market is a diversified and competitive market with a large number of players. Key players operational in the market include Honeywell International Inc. (U.S.), Rockwell Collins, Inc. (U.S.), Esterline Technologies Corporation (U.S.), Astronics Corporation (U.S.), L-3 Communications Holding Inc. (U.S.), Dynon Avionics (U.S.), and Garmin Ltd. (Switzerland). Market players focus on entering new markets by launching technologically advanced & cost-effective products and acquiring new businesses.

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