Global Flight Management Systems Market is Projected to Exhibit a CAGR of over 7.24% during 2016 - 2020

Global Flight Management Systems Market 2016-2020 Size and Share Published in 2016-05-27 Available for US$ 2500 at Researchmoz.us

Description

About the Flight Management Systems (FMS) Market

FMS is a major component, which is used to operate, control, and monitor the aircraft without continuous supervision by the pilot to enhance its capabilities. It is a specialized computer system that automates a wide variety of in-flight tasks, reduces the aircraft weight and information-management workload, enables power saving, and allows easier interaction with air traffic control to avoid accidents. It reduces overall operating costs and results in the faster training of new pilots. FMS also improves the functionality and accuracy along with enhanced situational awareness and safety of both the pilot and the aircraft. In addition, advanced touchscreen displays for FMS are gaining popularity in commercial aircraft market.

Technavios analysts forecast the global FMS market to grow at a CAGR of 7.24% during the period 2016-2020.

Covered in this report

The report covers the present scenario and the growth prospects of the global FMS market for 2016-2020. To calculate the market size, the report considers the revenue generated in the overall market.

The market is divided into the following segments based on geography:

Americas

APAC

EMEA

Technavio's report, Flight Management Systems (FMS) Market 2016-2020, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

Key vendors

Honeywell International

Lufthansa System

Rockwell Collins

Thales Group

Universal Avionics



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Other prominent vendors

BAE System

Esterline Technologies

GE Aviation

Jeppesen

Navtech

Market driver

Improved safety standards

For a full, detailed list, view our report



Market challenge

Safety hazards of digital cockpit systems

For a full, detailed list, view our report



Market trend

Emergence of automatic ground collision avoidance system

For a full, detailed list, view our report



Key questions answered in this report

What will the market size be in 2020 and what will the growth rate be?

What are the key market trends?

What is driving this market?

What are the challenges to market growth?

Who are the key vendors in this market space?

What are the market opportunities and threats faced by the key vendors?

What are the strengths and weaknesses of the key vendors?

You can request one free hour of our analysts time when you purchase this market report. Details are provided within the report.



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Table of Content

PART 01: Executive summary

Highlights

PART 02: Scope of the report

Market overview

Top-vendor offerings

PART 03: Market research methodology

Research methodology

Economic indicators

PART 04: Introduction

Key market highlights

PART 05: Market landscape

Market overview

Market size and forecast

Five forces analysis

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