Demand for avionics upgrades is expected to grow at a slightly faster pace than the overall aircraft modifications market over the next eight years, according to ICF International. The market intelligence company estimates that the avionics upgrade market will be worth $1.1 billion by 2025, up from around $600 million today. If one excludes Wi-Fi and inflight entertainment installations—which are largely for cabins rather than avionics upgrades—most of the demand in the market ...

SUBSCRIBE TO ACCESS THIS PREMIUM CONTENT

"Spurring Vigorous Avionics MRO Market" is part of Aviation Week & Space Technology’s Aerospace 2017 coverage. Subscribe today to receive access to this, plus ongoing analysis of technologies and innovations driving the industry forward.

 

Already registered? here.