DUBLIN--(BUSINESS WIRE)--Aug 28, 2018--The “Flight Navigation System - Global Market Outlook (2017-2026)” report has been added to ResearchAndMarkets.com’s offering.
According to the report, the market is expected to grow at a CAGR of 9.1% during the forecast period.
The growing demand for aircrafts across the globe, rise in the air traffic and increasing demand for accurate navigation are the factor boosting the growth of the market. The factors that are hampering the market growth include high costs, complexity of the systems, and their accuracy. However, fuel efficiency is expected to provide business opportunities for the existing as well as potential players in this market.
By application, the fixed-wing aircraft segment dominates the overall flight navigation systems market. The fixed-wing aircraft platform is categorized on the basis of aircraft type, such as very large aircraft, narrow body aircraft, wide body aircraft and regional transport aircraft.
Depending on geography, the Asia-Pacific region being a diverse mix of countries and aviation requirements is expected to witness the highest number of aircraft deliveries than any other region during the forecast period. The increase in aircraft deliveries is expected to lead to the growth in the flight navigation systems market.
Key Topics Covered
1 Executive Summary
3 Market Trend Analysis
4 Porters Five Force Analysis
5 Global Flight Navigation System Market, By Flight Instrument
6 Global Flight Navigation System Market, By Product
7 Global Flight Navigation System Market, By Application
8 Global Flight Navigation System Market, By Geography
9 Key Developments
10 Company ProfilingThales Group Honeywell International Inc. Northrop Grumman Corporation The Boeing Company GE Aviation MOOG Inc. Rockwell Collins Inc. Esterline Technologies Corporation Universal Avionics Systems Corporation Garmin Ltd. Jeppesen Inc. Lufthansa Systems Navtech Raytheon Company Sagem Woodward Parker Hannifin Bae Systems Liebherr Pacific Helicopters Augusta Westland
For more information about this report visit https://www.researchandmarkets.com/research/q263q8/global_flight?w=4
View source version on businesswire.com:https://www.businesswire.com/news/home/20180828005628/en/
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SOURCE: Research and Markets
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PUB: 08/28/2018 12:26 PM/DISC: 08/28/2018 12:26 PM