Flight Navigation System Market Growth With Size, Share, Analysis, Growth, Trend -2021

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Flight Navigation System Market – Market Overview

 flight navigation system is an equipment used for controlling an aircraft. There are various systems installed in aircraft such as autopilot, sensors, flight management systems, GNSS, automatic direction finder and others help aircraft, move from one place to another. The techniques that are used in the flight navigation in the air will entirely depend on the IFR or VFR. In case of VFR, the pilot will navigate the aircraft using dead reckoning.

The demand for the latest avionics systems, and accurate flight navigation is continuously increasing so as to enhance the safety of passengers. With advancements in the technology, there have been significant improvements in autopilot system, which reduce human intervention and pilot work load and flight management system enhances the ways to reduce noise and improve flight plan. This increasing demand will help new generation aircraft such as A320 neo and Boeing 737max to be equipped with latest avionics, which will help in improving efficiency of the aircraft.

The next generation avionics that are capable of handling more air traffic and the shift towards NDB has become one of the major trends in the industry. The development of ERAM, flight management systems, ADS-B, ACMS and GAGAN are various systems that will help in effective monitoring and controlling of aircraft. NDB is a radio transmitter and operates in VHF band with a frequency of 190 KHz to 1750 KHz. It has the capability to access signals along the curvature of the earth even at long distances, which is one of the major advantages over marker beacon. The improved efficiency and the increased frequency levels of NDB, have led the market to shift towards NDB from marker beacon. For example, in Canada, marker beacons have been entirely replaced by NDBs because of its better coverage over long distances whereas in the U.S., an NDB is combined with marker beacon in the instrument landing system.

The key development program such as WAAS in US, MSAS in Japan and GAGAN in India is a satellite-based technology provided by Raytheon and helps in controlling the air traffic. Moog signed a 10 years contract with Xiamen Airlines in May 2014 for providing support on flight control systems for its fleet and introduced navigation and guidance systems for unmanned systems. Other investments such as Northrop Grumman received a contract in February 2014 worth USD 200 million to develop GPS and navigation systems for US Air Force. These investments and developments are likely to propel the market.

Key Players:

The leading market players in the global flight navigation system market primarily include Honeywell International, Northrop Grumman, Raytheon, Esterline Technologies, GE Aviation, Sagem, and Navtech.

Flight Navigation System Market – Competitive Analysis

The global flight navigation system market is highly competitive. Vendors compete on the basis of cost, quality, reliability, and aftermarket service. To survive and succeed in such an intensely competitive environment, it is crucial for vendors to provide cost-effective and high quality service.

The primary areas of focus to gain a competitive advantage over competitors include in-house manufacturing capabilities, global footprint network, product offerings, and investment in R&D, newer technology, and strong client base. The global economic recovery, growth in the aviation sector, new aircraft orders, increased R&D activities, investments on fuel efficient engines, and lucrative retrofit market will provide growth opportunities to the players in in aerospace industry.

Flight Navigation System Market – Regional Analysis

The flight navigation markets in developing countries such as China are expected to grow significantly because of increasing airline fleets and investments in infrastructure. By 2034, China is likely to overtake the US as the world’s largest air passenger market, with 1.3 billion passengers compared with 1.2 billion passengers in the US. This will result in an increased demand for aircraft, which in turn will lead to the development of new aircraft flight navigation system throughout the region.

South Korea IIAC and Indra has awarded a contract worth $60 million to develop Air Traffic Management, latest navigation and surveillance to Incheon International Airport in Seoul. These investments and the increase in the number of aircraft, have led the market to grow.

Similarly, in the Middle East, the traffic is expected to increase a CAGR of 4.9% during the forecast period, which would result in an increase in aircraft numbers. Emirates, Qatar, Etihad and Air Arabia Airways will be the leading contributors to this growth. EMEA is expecting 9,860 aircraft deliveries over the next 20 years, and 40% of the fleets are expected to be replaced by new aircraft. For example, in 2014, EasyJet has ordered for 27 Airbus A320 aircraft. Also, the investments such as European Space Agency awarded a contract worth $23 million to Inmarsat to develop the future air navigation of Europe to meet international standards. These investments and increase in the number of aircraft will contribute growth in this region.

Access Complete Report @ https://www.marketresearchfuture.com/reports/flight-navigation-system-market-1633

 

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