Helicopter Avionics Industry - Regional Synopsis
On the basis of regional analysis, the helicopter avionics market is segmented into five major region including North America, Europe, Asia Pacific, Latin America and Middle East & Africa region. The market for helicopter avionics in North America industry is set to hold largest revenue share by 2037, attributed to rising demand for helicopters for commercial applications and defence sector. The main focus of the manufacturers in the region is on lightweight and fuel efficient control systems that plays an important part in operations. Further, the region is estimated to acquire civilian turbine powered helicopters which will also accelerate the market growth. The helicopter avionics market in Asia Pacific region is estimated to dominate the market owing to the presence of firms for the development of helicopter avionics and increase in the focus of emerging countries such as China, India and Japan for the development of other related systems.
