G2 Solutions: General Aviation Avionics Market to Produce $3.7 Billion in Revenues Despite Economic Uncertainties

KIRKLAND, Wash.--(BUSINESS WIRE)--A new research note from G2 Solutions (www.g2globalsolutions.com) “General Aviation Avionics: Market Analysis and Outlook” is available.

“Honeywell’s Primus Apex is an impressive product, but it is positioned to meet the needs of higher end aircraft such as the PC-12 and TBMs for example”

The 32-page research note AB078 compiles general aviation and avionics market analysis, including a detailed avionics market and systems forecast from 2006 to 2015. The report also includes forecast period market share and revenues for avionics and aircraft manufacturers.

Please visit http://www.g2globalsolutions.com/publications.html to access this executive summary/TOC.

The general aviation avionics revolution of the past decade has radically transformed aircraft cockpits, bringing a wealth of information to pilots and dramatically enhancing situational awareness. This technology transformation has been paired with a redistribution of market shares, with Garmin replacing Bendix King as the undisputed market leader. “In fewer than ten years, Garmin has transformed general aviation. While initially leveraging its innovative GPS technology, Garmin was able to progressively migrate into all avionics segments with radical designs setting new standards across the board,” said Michel Merluzeau, G2 Solutions’ Managing Partner.

While Garmin controls well over 50% of the forward fit market, the company will need to fend off increasing competition from Honeywell Bendix King, L-3 and Chelton Flight Systems. “Honeywell’s Primus Apex is an impressive product, but it is positioned to meet the needs of higher end aircraft such as the PC-12 and TBMs for example,” says Merluzeau. “Chelton Flight Systems is equally impressive, as is L-3 Smartdeck’s, however we are still reserved about L-3’s market short term outlook at this point.” Acquisitions will continue to intensify with innovative solutions proposed by Aspen Avionics and Vertical Power likely to rapidly attract significant interest from established players.

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G2 Solutions provides customers with comprehensive, accurate and cost effective market intelligence services. Our analysts are Aerospace and Defense experts with decades of experience. Research notes deliver time and market critical information, and are selected by relevance and expert analysis provided to our customers.