Europe Flight Management System Market Size & Forecast, 2028

Europe Flight Management System Market Size, Share & Industry Trends Analysis Report By Hardware, By Aircraft Type (Narrow Body Aircraft, Wide Body Aircraft, Very Large Aircraft and Regional Transport Aircraft, By Country and Growth Forecast, 2022 - 2028

Published Date: September-2022 | Number of Pages: 104 | Format: PDF | Report ID: KBV-19707

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Market Report Description

The Europe Flight Management System Market would witness market growth of 6.6% CAGR during the forecast period (2022-2028).

The pilot's unit and the copilot's unit are each operated by a separate FMS FMC in a standard FMS. They do, however, crosstalk over the data busses. In a common scenario, the copilot's CDU conducts navigational duties, and the pilot's CDU is used to monitor and interface with operational parameters. The flying crew has the ability to skip this. The other operational units continue to run with full control and without compromising the system if a major component (such as an FMC or a CDU) fails.

Nowadays, even small aircraft, like the Cessna 182, have FMS-like systems. An FMS has evolved through a variety of sizes, powers, and controls. On the other hand, all FMSs share a few traits. A navigation database can be found in all FMSs. The components used to build the flight plan are in the navigation database. The ARINC 424 standard defines these. The navigation database is typically updated once every 28 days to keep its information up to date.

The government across the United Kingdom is increasing its efforts in order to enhance safety within the aviation industry. Long-term economic growth is the main goal of the government. The aviation industry makes a significant contribution to the economy, and various federal administrations encourage its expansion within a framework that maintains a balance between the positive effects of aviation and its negative effects, particularly its impact on the environment and noise. It is equally crucial that the aviation sector has faith in the framework's ability to support long-term planning and investment in infrastructure and aircraft.

The Germany market dominated the Europe Flight Management Systems (FMS) Market by Country in 2021; thereby, achieving a market value of $309.6 million by 2028. The UK market is poised to witness a CAGR of 5.7% during (2022 - 2028). Additionally, The France market is anticipated to witness a CAGR of 7.4% during (2022 - 2028).

Based on Hardware, the market is segmented into Flight Management Computers (FMC), Visual Display Unit (VDU) and Control Display Unit (CDU). Based on Fit, the market is segmented into Line Fit and Retrofit. Based on Aircraft Type, the market is segmented into Narrow Body Aircraft, Wide Body Aircraft, Very Large Aircraft and Regional Transport Aircraft. Based on countries, the market is segmented into Germany, UK, France, Russia, Spain, Italy, and Rest of Europe.

Free Valuable Insights: The Global Flight Management System Market is Predict to reach $4.6 Billion by 2028, at a CAGR of 7.2%

The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include Honeywell International, Inc., General Electric (GE) Co., Thales Group S.A., Garmin Ltd., Universal Avionics Systems Corporation, Leonardo SpA, Lufthansa Systems GmbH

Inc.), Johnson Controls International PLC, Hangzhou Hikvision Digital Technology Co., Ltd., Verint Systems, Inc., Genetec, Inc., Panopto, Inc., and Eagle Eye Networks, Inc.

Scope of the Study

Market Segments Covered in the Report:

By Hardware

  • Flight Management Computers (FMC)
  • Visual Display Unit (VDU)
  • Control Display Unit (CDU)

By Fit

  • Line Fit
  • Retrofit

By Aircraft Type

  • Narrow Body Aircraft
  • Wide Body Aircraft
  • Very Large Aircraft
  • Regional Transport Aircraft

By Country

  • US
  • Canada
  • Mexico
  • Rest of North America

Key Market Players

List of Companies Profiled in the Report:

  • Honeywell International, Inc.
  • General Electric (GE) Co.
  • Thales Group S.A.
  • Garmin Ltd.
  • Universal Avionics Systems Corporation
  • Leonardo SpA
  • Lufthansa Systems GmbH & Co. KG
  • TransDigm Group, Inc.
  • Raytheon Technologies Corporation
  • The Boeing Company

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Related Reports:

Global Flight Management System Market Report 2022-2028

Europe Flight Management System Market Report 2022-2028

Asia Pacific Flight Management System Market Report 2022-2028

LAMEA Flight Management System Market Report 2022-2028

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