Flight Management Systems Industry 2020: Study Growth Factors, Types and Applications with Market Forecasts
The Flight Management Systems Industry report covers the present scenario and the growth prospects of the Flight Management Systems Market for 2016-2020. Flight Management Systems Market report focuses on the major drivers and restraints for the key players. To calculate the market size, the report considers both the direct revenue and the indirect revenue of the vendors. Global FMS market to grow at a CAGR of 7.24% during the period 2016-2020.
FMS is a major component, which is used to operate, control, and monitor the aircraft without continuous supervision by the pilot to enhance its capabilities. It is a specialized computer system that automates a wide variety of in-flight tasks, reduces the aircraft weight and information-management workload, enables power saving, and allows easier interaction with air traffic control to avoid accidents. It reduces overall operating costs and results in the faster training of new pilots. FMS also improves the functionality and accuracy along with enhanced situational awareness and safety of both the pilot and the aircraft. In addition, advanced touchscreen displays for FMS are gaining popularity in commercial aircraft market.
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The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.
Key Vendors in Flight Management Systems Market:
• Honeywell International
• Lufthansa System
• Rockwell Collins
• Thales Group
• Universal Avionics
Other prominent vendors
• BAE System
• Esterline Technologies
• GE Aviation
• Jeppesen
• Navtech
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The Flight Management Systems Market is divided into the following segments based on geography:
• Americas
• APAC
• EMEA
Flight Management Systems Market Opportunities During 2016-2020:
With a purpose of enlightening new entrants about the possibilities in this market, this report investigates new project feasibility. Various details about the manufacturing process such as market drivers, impact of drivers, market challenges and impact of drivers and challenges, market trends, vendor landscape analysis and so on, is discussed in the report
Flight Management Systems Market Dynamics:
Market driver
• Improved safety standards
• For a full, detailed list, view our report
Market challenge
• Safety hazards of digital cockpit systems
• For a full, detailed list, view our report
Market trend
• Emergence of automatic ground collision avoidance system
• For a full, detailed list, view our report
In the end, the report makes some important proposals for a new project of Flight Management Systems Industry before evaluating its feasibility. Overall, the report provides an in-depth insight of Global Flight Management Systems Market 2016-2020 industry covering all important parameters.
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Key questions answered in this Flight Management Systems Market 2016-2020 report:
• What will the market size be in 2020 and what will the growth rate be?
• What are the key market trends?
• What is driving this market?
• What are the challenges to market growth?
• Who are the key vendors in this market space?
• What are the market opportunities and threats faced by the key vendors?
• What are the strengths and weaknesses of the key vendors?
Price of Report: $2500
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List of Exhibits:
Exhibit 01: Product offerings
Exhibit 02: Segmentation of the global FMS market
Exhibit 03: Global FMS market 2015-2020 ($ millions)
Exhibit 04: Five forces analysis
Exhibit 05: Global aerospace and defense supply chain system
Exhibit 06: Global aerospace and defense value chain system
Exhibit 07: Segmentation of global FMS market by aircraft type 2015
Exhibit 08: Segmentation of global FMS market by aircraft type 2020
Exhibit 09: Segmentation of global FMS market by product 2015-2020 ($ millions)
Exhibit 10: Global narrow-body aircraft 2015-2020 ($ millions)
Exhibit 11: Global wide-body aircraft market 2015-2020 ($ millions)
Exhibit 12: Global regional jet aircraft 2015-2020 ($ millions)
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