Flight Management Systems Market Trend Evaluation with covid-19 impact

Flight Management Systems Market Trend Evaluation with covid-19 impact

August 12, 2020

This report from Stratview Research analyses the Flight Management Systems Market over the trend period from 2014 to 2019 and forecast period from 2020 to 2025. The insights of the report shall enable informed decision making and strategy formulation for the near future to capitalize on the opportunities.

Flight Management Systems Market Overview:

The sudden outbreak of the COVID-19 has led to unforeseen fluctuations across many industries and the Flight Management Systems Market is no different. Derived from the previous market scenario, the Flight Management Systems Market is likely to witness an impressive CAGR of 7.2% during 2020-25 but with the global crisis in action, the growth curve has deviated from its expected path and exhibits an uncertain trajectory at present.

Salient Features of the Report

The Research Report offers an in-depth view of the market, its health and growth, the factors shaping the industry, the competitive dynamics and a glimpse of the future.

The following are the key features of the report:

  • Strategic segmentation
  • Market analysis: Growth drivers and constraints, Porter’s five forces analysis, SWOT analysis
  • COVID-19 Impact Analysis
  • Detailed Competitive Rivalry landscaping
  • Market trend and forecast analysis
  • Future Growth Boulevards  

Get access to a deeper coverage of the impact of COVID-19 on this Market here: https://www.stratviewresearch.com/Request-Sample/757/flight-management-systems-market.html

Flight Management Systems Market Share: By Fit Type

Based on the fit type, the market is segmented as linefit and retrofit. The linefit segment accounted for the largest market share in 2018, and is expected to maintain its dominance during the forecast period. The growth of this segment is owing to the rise in aircraft orders as well as deliveries across the globe. 

Flight Management Systems Market Share: By Hardware Type

Based on the hardware type, the market is segmented as visual display unit (VDU), control display unit (CDU), and flight management computers (FMC). The flight management computers segment is likely to witness the highest growth, driven by the increase in the demand for technologically advanced and lightweight flight management systems.

Click below to run through the detailed ToC of the report:

https://www.stratviewresearch.com/toc/757/flight-management-systems-market.html

Flight Management Systems Market Share: By Aircraft Type

Based on the aircraft type, the market is segmented as narrow-body aircraft, wide-body aircraft, very large aircraft, and regional transport aircraft. The very large aircraft segment is estimated to depict the highest growth during the forecast period. The key factors bolstering the growth of this segment are the need for long distance travel, upsurge in demand for higher capacity aircraft, and the rise in global air travel.

Flight Management Systems Market Share: By Region

In terms of regions, the North American and the European flight management system markets held the largest market share in 2018, and are expected to command the global market during the forecast period. Asia-Pacific is estimated to be the fastest-growing market, driven by the growth of the commercial low-cost carriers in the region. The need for technologically advanced flight management systems along with the increase in aircraft orders and deliveries are the prime drivers for the growth of the flight management systems market in this region. China and India are the growth engines of the region.

Click here for other high value market reports from Stratview Research in the Aerospace & Defence Industry:  https://www.stratviewresearch.com/market-reports/Aerospace-Defense.html

About Stratview Research

Stratview Research is a global market intelligence firm providing wide range of services including syndicated market reports, custom research and sourcing intelligence across industries, such as Advanced Materials, Aerospace & Defense, Automotive & Mass Transportation, Consumer Goods, Construction & Equipment, Electronics and Semiconductors, Energy & Utility, Healthcare & Life Sciences, and Oil & Gas.

We have a strong team of industry veterans and analysts with an extensive experience in executing custom research projects for mid-sized to Fortune 500 companies, in the areas of Market Assessment, Opportunity Screening, Competitive Intelligence, Due Diligence, Target Screening, Market Entry Strategy, Go to Market Strategy, and Voice of Customer studies.

Stratview Research is a trusted brand globally, providing high quality research and strategic insights that help companies worldwide in effective decision making. 

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Author : Emily

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