In a recent research report by Maximize Market Research, the Global Flight Navigation System Market is expected to surpass US $ 25.56 billion by the year 2027, from US $15.10 billion in 2019.
Despite a huge decline in the sales of products during the initial phase of pandemic spread and lockdown restrictions all over the region, the market is observed to pick up a quick pace for registering a CAGR of almost more than 6.8%, during the tenure of 2020 – 2027.
The report published by Maximize encompasses the market dynamics, which could affect the market growth of white goods in the region, the Value-Chain analysis, and the PORTER’s analysis for the aviation instruments market at a global level.
The study is consolidated on the basis of five major segments and further into sub-segments, By Product (Flight Management System, Flight Control System, Navigation, Surveillance & Communication), By Flight Instrument (Autopilot, Altimeter, Sensors, Gyroscope, Others), By Avionics System (Hyperbolic Navigation System, Radar, VOR/DME, INS, GNSS, ILS, FMS, Doppler Navigation System, Others), By Application (Fixed Wing, Rotary Wing), and By End User (Aircraft Manufacturers, Government Agencies, Regulatory Bodies, Airline Operators, Others) to forecast the market size by value; also includes the analysis of past market dynamics from 2016 – 2019, considering 2019 as the base year.
Lastly, the market research report provides a regional comparison and a complete country-level analysis for the latest trends, along with the major key players- Thales Group, Moog Inc., GE Aviation, Honeywell International Inc., Rockwell Collins, Raytheon Company, Northrop Grumman Corporation, The Boeing Company, Esterline Technologies Corporation, Universal Systems Avionics Corporation, Sagem, Garmin Ltd., Safran Group, AIMS AB, Civitanavi Systems S.R.L., iMAR Navigation GmbH.
You can browse the market data Tables and Figures spread through a comprehensive research report and in-depth TOC on the “Global Flight Navigation System Market.”
https://www.maximizemarketresearch.com/market-report/global-flight-navigation-system-market/116707/
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