Helicopter Avionics Sector: Growth Drivers and Challenges
Growth Drivers
- Upgradation in Technological advancements & Maintenance Operations
Helicopter avionics system provides flight route pictures and display important information such as vertical rate and GPS active waypoint. Further, to track the helicopters across military and aerospace, radio frequency identification (RFID) tags are extensively used. These RFID tags enhance the manufacturing efficiency which enables the manufacturers to manage the inventory of spare parts. Moreover, this technology is used by maintenance companies to identify defective parts quickly to ensure value proposition of flyable parts. The automatic flight control system (AFCS) has enabled automation in various avionic systems to improve the stability and crew workload of helicopter. In addition, the system ensures safe helicopter operations owing to the warning system alerts to update the pilot when the distance between terrain and helicopter requires recognition.
Challenges
- Stringent Regulations on Helicopter Services
The regulatory bodies related to helicopter aviations are going through tough rules and operator laws in the industry. In order to carry out any off shore services, the helicopter operators have to apply for US Federal Aviation Administration (FAA) certification. Further, this certification creates difficulties for operators owing to the time consuming process of getting certification. Hence, this factor is predicted to hamper the helicopter avionics market growth over the forecast period.
Helicopter Avionics Market: Key Insights
|
Base Year |
2024 |
|
Forecast Year |
2025-2037 |
|
CAGR |
6.1% |
|
Base Year Market Size (2024) |
USD 13.14 billion |
|
Forecast Year Market Size (2037) |
USD 28.37 billion |
|
Regional Scope |
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Browse key industry insights with market data tables & charts from the report:
Frequently Asked Questions (FAQ)
In the year 2025, the industry size of helicopter avionics is estimated at USD 13.82 billion.
Helicopter Avionics Market size was over USD 13.14 billion in 2024 and is anticipated to cross USD 28.37 billion by 2037, witnessing more than 6.1% CAGR during the forecast period i.e., between 2025-2037.
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 major players in the market are Avidyne Corporation, Astronautics Corporation of America, Elbit Systems Limited, Leonardo S.p.A., Collins Aerospace, Honeywell International Inc, Garmin Limited, Cobham Limited, Safran, Boeing, and others.
