North America Flight Management Systems Market Worth $1008.6 Million by 2018 The report deals with Flight Management Systems which mainly aims at integrating navigation, flight parameters and navigation to get a systematic and consolidated auto flight control which maximizes the aircraft efficiency. Flight Safety is the major “The North America concern of all the aircraft operators as well as the airlines commercial aviation which demands the improvisation in FMS technology flight management every year resulting in the growth of this segment.
systems market is expected to reach $1008.6 million by 2018”
The North America commercial aviation flight management systems market under commercial aviation was estimated at $931.50 million in 2013, and it is expected to reach $1008.6 million by 2018. North America is expected to be the fastest growing region in the commercial aviation flight management systems at a CAGR of 3%. The major challenges in this industry are increasing air traffic and rising fuel prices. The driving factors in this market are increase in safety operations of the flights and the ongoing changes to make aircraft navigation systems and avionics more equipped to meet with the Nextgen aircrafts. Get Free 10% Customization in This Report
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APAC Flight Management Systems Market
The APAC commercial aviation flight management systems market under commercial aviation was estimated at $53.30 million in 2013 and it is expected to reach $65.20 million by 2018. APAC is expected to be the fastest growing region in the commercial aviation flight management systems at a CAGR of 3%. The major challenges in this industry are lack of control of aircraft path. The driving factors in this market are increase in air traffic and fleet renewal and expansion. http://www.micromarketmonitor.com/market/asia-pacific-flight-management-systems3451985011.html European Flight Management Systems Market The Europe commercial aviation flight management systems market under commercial aviation was estimated at $483 million in 2013 and it is expected to reach $560 million by 2018. Europe is expected to be the fastest growing region in the commercial aviation flight management systems at a CAGR of 3%. The major challenge in this industry is system complexity. The driving factors in this market are improvisation in operational planning by aircrafts and increase in safety operations. http://www.micromarketmonitor.com/market/europe-flight-management-systems8672138564.html About MicroMarketMonitor: MicroMarketMonitor identifies and attends to various unmet needs of different industrial verticals, which include value chain impact analysis. The company publishes about 12000 Market Research Reports on various Micro Markets across the world. The graphical nature and multidimensional analysis of these reports provide advanced Business Intelligence Tools to the clients in that particular target market. Contact: Mr. Chandrasekhar K. 5601 Bridge Street Suite 300 Fort Worth TX 76112 Tel: +1-888-502-0539 Email: sales@micromarketmonitor.com
Email: sales@micromarketmonitor.com
Tel: +1-888-502-0539