LAMEA Flight Management System Market Size & Share by 2028

LAMEA 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: 105 | Format: PDF | Report ID: KBV-19708

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Market Report Description

The Latin America, Middle East and Africa Flight Management System Market would witness market growth of 13.3% CAGR during the forecast period (2022-2028).

Some FMSs can compute customized flight plans, frequently for tactical purposes, like rendezvous, search patterns, in-flight refuelling tanker circles, and calculated air release points for precise parachute drops, to name a few. Finding the aircraft's position and assessing the accuracy of that position once it is in flight is one of the FMS's main responsibilities. Simple FMS establishes position using a single sensor, typically a GPS.

But in order to ascertain and authenticate their precise position, contemporary FMS make use of as many sensors as they can, including VORs. To combine the positions from different sensors into a single position, some FMS use a Kalman filter. The FMS continuously compares the outputs from the numerous sensors to pinpoint the precise position of a single aircraft. Actual Navigation Performance (ANP), a circle with a diameter measured in nautical miles, is a term used to describe accuracy. There are certain navigational requirements for modern airspace (RNP). For an aircraft to operate in specific high-level airspace, its ANP must be lower than its RNP.

The FMS determines the course using the flight plan as well as the aircraft's position. This path can be followed manually by the pilot, or the autopilot can be programmed to do so. For lateral flight plans, the FMS mode is typically referred to as LNAV or Lateral Navigation, and for vertical flight plans, VNAV, or Vertical Navigation. While LNAV gives the autopilot roll steering instructions, VNAV provides targets for speed, pitch, or altitude.

The South African aerospace and defense sector has pursued a development strategy focused on homegrown goods and technology, leading to the creation of a broad range of capabilities and the supporting infrastructure needed for full product integration. Increasing competition and the use of new technologies are essential for entering the market and supply chains throughout the world. South African companies that have a history of providing cutting-edge technical solutions, excellent system, and subsystem integration capabilities, and on-time delivery schedules to international Original Equipment Manufacturers, like Airbus and Boeing have achieved progress.

The Brazil market dominated the LAMEA Flight Management Systems (FMS) Market by Country in 2021; thereby, achieving a market value of $101.6 million by 2028. The Argentina market would witness a CAGR of 13.9% during (2022 - 2028). Additionally, The UAE market would experience a CAGR of 13% 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 Brazil, Argentina, UAE, Saudi Arabia, South Africa, Nigeria, and Rest of LAMEA.

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

  • Brazil
  • Argentina
  • UAE
  • Saudi Arabia
  • South Africa
  • Nigeria
  • Rest of LAMEA

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

North America Flight Management System Market Report 2022-2028

Europe Flight Management System Market Report 2022-2028

Asia Pacific Flight Management System Market Report 2022-2028

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