A flight management system (FMS) is a basic module of a modern aircraft system. A FMS is a specialized computer system that automates a wide variety of in-flight tasks such as reducing the workload on the flight crew and to determine the aircrafts position. Global flight management system market is projected to grow with a healthy CAGR during forecast period owing to need of better operational efficiency and increased air-traffic. However, vulnerability of FMS to cyber-attacks might hinder the market growth. On the other hand, the growth in retrofit FMS market would provide lucrative opportunities for the market in near future.. The market is highly competitive on the basis of product quality and cost-effectiveness. Merger & acquisition are the major strategies adopted by market vendors to maintain their position within the market. Asia-Pacific is anticipated to lead the market in terms of revenue and growth rate.
Flight Management Systems Market Research Objective
â¢ To define the scope and simplify the research study based on fit, aircraft type, and region.
â¢ Estimate the current market size and forecast the same for the period (2017-2025).
â¢ Market share by revenue for each segment and region analyzed.
â¢ To provide insights on the major market dynamics (drivers, restraints & opportunities) and their impact analysis for the forecast period.
â¢ Micro and macro level analysis of the market to elucidate lucrative investment opportunities.
â¢ Porterâs five forces analysis to deliver a comprehensive buyer-seller scenario and the state of business environment.
â¢ Identification of the flight management systems market trends in current scenario and its growth indicators.
â¢ Benchmarking leading vendors in the flight management systems industry based on their strategic attempts, financial status, and other internal and external parameters.
Flight Management Systems MarketÂ Segmentation
â¢ Line Fit
By Aircraft Type
â¢ Narrow Body Aircraft
â¢ Wide Body Aircraft
â¢ Very Large Aircraft
â¢ Regional Transport Aircraft
â¢ North America
â¢ Asia-Pacific (APAC)
â¢ Rest of the World
For this specific report, we offer 20% of free customization in order to deliver a tailored research report that specifically covers areas of clientâs interest in the flight management systems market. Following are some most desired customization offers on this report:
Split of the regional market into specific countries as per clientâs research requirements.
Further breakdown of the major segments into sub-segments (as per request).
Vendor Profile Customization
Further exhaustive analysis of additional companies operating in the market as per request.
Research report on flight management systems market covering specific country/region only.
Requests for data tables only (specific requirement to quantitative research).