Projects A CAGR Of 6.9 Percent Over the Next Five Years
According to a new report "Avionics Market by Sub-System (CNS, FCS, FMS, IFE, Monitoring/ Glass Cockpit System, Military & Tactical System, Electrical & Emergency System), Fit (Line-Fit, Retrofit), Platform (Commercial, Defense, UAV) and Region - Global Forecast to 2022" published by ASDReports, the Avionics Market is projected to grow from $62.22 billion in 2016 to $92.85 billion by 2022, at a Compound Annual Growth Rate (CAGR) of 6.9 percent during the forecast period.
Will Deliver Apps And Flight Information To Pilots
Jeppesen and ForeFlight have announced that the companies have entered into in a long-term strategic alliance to combine their capabilities and content. Together, Jeppesen and ForeFlight will build on their common heritage of delivering data and software to pilots and flight operations.
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