DUBLIN--(BUSINESS WIRE)--Sep 7, 2018--The "Flight Management System - Global Market Outlook (2017-2026)" report has been added to ResearchAndMarkets.com's offering.

The Global Flight Management Systems market accounted for $2.29 billion in 2017 and is expected to reach $4.63 billion by 2026 growing at a CAGR of 7.3% during the forecast period.

Growing dependency on Flight Management Systems, technological advancements in FMS and growth in the Airline Industry across the world are some of the factors fuelling the market growth. On the other side, ease of FMS to Cyber-Attacks and strict safety regulations are inhibiting the market. One of the major opportunities in the market is improved technology for heavy data storage and operational efficiency.

Flight Management System is an essential part of an airliner's avionics. It is a specialized computer system that computerizes a wide range of in-flight tasks and reduces the workload on the flight. The main function includes in-flight management and flight planning through the utilization of various sensors namely inertial navigation systems (INS) and global positioning systems (GPS).

Scope of the Report

Hardwares Covered:

Control Display Unit (CDU) Flight Management Computer (FMC) Visual Display Unit (VDU)

Aircraft Types Covered:

Wide-Body (WB) Aircraft Very Large Aircraft (VLA) Regional Transport Aircraft (RTA) Narrow Body (NB) Aircraft Turboprop aircraft

Fits Covered:

Line-Fit Retro-Fit

Components Covered:

Flight Management Computer Automatic Flight Guidance Systems Aircraft Navigation Systems Electronic Flight Instrumentation Systems

Key Topics Covered:

1 Executive Summary

2 Preface

3 Market Trend Analysis

4 Porters Five Force Analysis

5 Global Flight Management System Market, By Hardware

6 Global Flight Management System Market, By Aircraft Type

7 Global Flight Management System Market, By Fit

8 Global Flight Management System Market, By Component

9 Global Flight Management System Market, By Geography

10 Key Developments

11 Company Profiling

Honeywell International Inc. Thales Group General Electric Rockwell Collins Boeing Esterline Technologies Corporation Universal Avionics BAE Systems Airbus Comac Garmin Ltd. Navtech, Inc. Lufthansa Systems GmbH & Co. Kg Leonardo-Finmeccanica Spa Avalex Technologies UTC Aerospace Systems Sagem MOOG Jeppesen Inc. Becker Avionic Systems

For more information about this report visit https://www.researchandmarkets.com/research/k8zprk/2018_flight?w=4

View source version on businesswire.com:https://www.businesswire.com/news/home/20180907005324/en/

CONTACT: ResearchAndMarkets.com

Laura Wood, Senior Manager

press@researchandmarkets.com

For E.S.T Office Hours Call 1-917-300-0470

For U.S./CAN Toll Free Call 1-800-526-8630

For GMT Office Hours Call +353-1-416-8900

Related Topics:Avionics

KEYWORD:

INDUSTRY KEYWORD: TECHNOLOGY HARDWARE SOFTWARE MANUFACTURING AEROSPACE

SOURCE: Research and Markets

Copyright Business Wire 2018.

PUB: 09/07/2018 11:18 AM/DISC: 09/07/2018 11:18 AM

http://www.businesswire.com/news/home/20180907005324/en