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Flight Management Systems (FMS) Market forecast 2018-2021

The flight management systems market is projected to grow from USD 2.31 Billion in 2016 to USD 3.13 Billion by 2021, at a CAGR of 6.23% during the forecast period of 2016 to 2021. The market for market is driven by various factors, such as rise in aircraft orders globally, significant growth in airline industry worldwide, development of glass cockpits resulting in better operational efficiency, among others. This report covers the forecast of the flight management systems market and its dynamics over the next five years, while also recognizing market applications, evolving technologies, recent developments in the market, and high potential geographic regions and countries. The base year considered for the study is 2015 and the forecast period is from 2016 to 2021.<br>Request for Customized Report @<br>https://www.marketsandmarkets.com/requestCustomizationNew.asp?id=1105 <br>

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Flight Management Systems (FMS) Market forecast 2018-2021

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  1. Flight Management Systems (FMS) Marketby Hardware (Control Display Unit, Visual Display Unit, Flight Management Computer), Aircraft Type (NBA, WBA, VLA, RTA), Fit (Line Fit, Retrofit) and Region - Global Forecast to 2021 FLIGHT MANAGEMENT SYSTEMS (FMS) MARKET

  2. The report "Flight Management Systems (FMS) Market by Hardware (Control Display Unit, Visual Display Unit, Flight Management Computer), Aircraft Type (NBA, WBA, VLA, RTA), Fit (Line Fit, Retrofit) and Region - Global Forecast to 2021", The flight management systems market is expected to reach USD 3.13 Billion by 2021, at a CAGR of 6.23% during the forecast period. The demand for next generation flight management systems and advanced required navigation performance, development of glass cockpits resulting in better operational efficiency, and significant growth in airline industry worldwide are expected to drive this market. Download Free Sample PDF Report@ https://www.marketsandmarkets.com/requestsampleNew.asp?id=1105

  3. 71 - Tables 62 - Figures 134 - Pages  Don’t miss out on business opportunities in Flight Management Systems (FMS) Market Speak to our analyst and gain crucial industry insights that will help your business grow: https://www.marketsandmarkets.com/speaktoanalystNew.asp?id=1105 Browse and in-depth TOC on “Flight Management Systems (FMS) Market- Global Forecast to 2021" 83 - Tables 89- Figures 192 - Pages Download PDF Brochure @ https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=1105

  4. Line Fit is expected to grow at the highest rate in the flight management systems market The global flight management systems market has been segmented and analyzed in terms of two types, namely, line fit and retrofit, wherein, the line fit segment dominates the overall market in terms of market size, and is expected to exhibit a similar trend during the next five years owing to the rise in aircraft orders and deliveries worldwide. It has also been noticed that in emerging countries such as India and China, there has been an increase in passenger travel, giving rise to low-cost carriers. • The flight management computers segment is expected to exhibit the highest growth during the forecast period The global flight management systems market, by hardware has been segmented into visual display unit, control display unit, and flight management computers. The flight management computers segment is estimated to register the highest CAGR owing to the increase in demand of technologically advanced as well as lightweight flight management computers. The market for flight management computer hardware is largest in North America and Europe, owing to the rise in the demand for next generation flight management systems and advanced required navigation performance systems.

  5. KEY PLAYERS IN MARKET Flight Management Systems (FMS) Market • Honeywell International Inc. (U.S.) • Thales Group (France), • General Electric Company (U.S.), • Leonardo-Finmeccanica S.p.A (Italy), • Rockwell Collins (U.S.), • EsterlineTechnologies (U.S.), • Garmin Ltd. (Switzerland),

  6. Browse Related Reports • Multirotor Drones Market by Application (Defense, Aerial Shooting, Business & Commerce, Law Enforcement, Environmental Inspection), Payload (Electro-optic Sensor, Cameras, Sense & Avoid System, LiDAR, CBRN, Wi-Fi, GPS), & Region - Global Forecasts to 2020 https://www.marketsandmarkets.com/Market-Reports/multirotor-drones-market-177177851.html • Flight Management Systems (FMS) Market by Hardware (Control Display Unit, Visual Display Unit, Flight Management Computer), Aircraft Type (NBA, WBA, VLA, RTA), Fit (Line Fit, Retrofit) and Region - Global Forecast to 2021 https://www.marketsandmarkets.com/Market-Reports/flight-management-systems-market-1105.html

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