Military Avionics

By John Liang / November 1, 2010 at 2:58 PM

A new independent report predicts that the military avionics market through 2020 will total around $12.9 billion.

The report, promulgated by independent research company MarketResearch.com, "examines leading users of military aircraft avionics systems, and explores the operational requirements which are driving global growth in this sector," according to a company statement. "We assess the commercial prospects and outlook for companies offering military aircraft avionics systems. Based on our research, global government spending in 2010 on military aircraft avionics systems, across all platforms, will total $12.9 billion." Further:

This analytical report defines the current state of the military aircraft avionics market and discusses its potential for growth from 2010 to 2020, with market forecasting at the global, national and submarket levels. We analyse, quantify and forecast the global military aircraft avionics markets by sub-sector for fighter jets/training craft, large transporters/airlift, helicopters, manned airborne ISR systems and UAVs. We also analyse, quantify and forecast the global forward-fit and global retro-fit military aircraft avionics markets separately.

Globally there are a multitude of factors which are driving increased research, development, procurement and deployment of military aircraft avionics systems. Wars in Iraq and Afghanistan and emerging terrorist threats around the world have demonstrated the growing importance of aircraft in military operations. Governments are increasingly aware that increasingly integrated coalition missions of this type require up to date avionics systems in support of these missions. During the next decade, the military aircraft avionics industry is therefore expected to exhibit corresponding growth, driven by the escalating airlift operations and special mission fleets operating worldwide.

We examine the combination of factors that are driving the increased retro-fitting of avionics systems by air forces around the world. The upgrading of military aircraft avionics systems is expected to increase steadily over the next decade, despite general economic uncertainty and pressure on defence budgets. Military decision-makers are developing operational strategies to benefit from the latest avionics technology to maximise the potential of the modern network centric warfare environment.

The increasing investment in military aircraft avionics systems, particularly in emerging nations, has resulted in the global military aircraft avionics market becoming one of the few recession-resistant sub-sectors of the defence industry. We expect the global military aircraft avionics market to flourish from 2010 onwards, with significant rewards for successful companies.

How much are individual countries planning to spend on military aircraft avionics systems between 2010 and 2020? How are new technologies changing the nature of military aircraft avionics systems? Who are the leading companies providing military aircraft avionics systems? Where are the growth opportunities over the next decade - in which geographical region and with which technology? These critical questions and many more are definitively answered in this comprehensive report.

Evidently information like this doesn't come cheap. Click here to shell out the $2,224 you'll need to buy the full report.

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