Rockville, MD, November 05, 2010 --(PR.com
)-- MarketResearch.com has announced the addition of Visiongain’s new report “The Military Aircraft Avionics Market 2010-2020” to their collection of Military Aircraft market reports. For more information, visit http://www.marketresearch.com/product/display.asp?ProductID=2832942.
This report reveals the full range of opportunities presented by one of the defense industry's most important markets. The study examines leading users of military aircraft avionics systems, and explores the operational requirements which are driving global growth in this sector. Based on the research, global government spending in 2010 on military aircraft avionics systems, across all platforms, will total $12.9 billion.
Globally there are a multitude of factors which are driving increased research, development, procurement and deployment of military aircraft avionics systems. Wars in Iraq and Afghanistan and emerging terrorist threats around the world have demonstrated the growing importance of aircraft in military operations. Governments are increasingly aware that increasingly integrated coalition missions of this type require up to date avionics systems in support of these missions. During the next decade, the military aircraft avionics industry is therefore expected to exhibit corresponding growth, driven by the escalating airlift operations and special mission fleets operating worldwide.
The upgrading of military aircraft avionics systems is expected to increase steadily over the next decade, despite general economic uncertainty and pressure on defense budgets. Military decision-makers are developing operational strategies to benefit from the latest avionics technology to maximize the potential of the modern network centric warfare environment.
The increasing investment in military aircraft avionics systems, particularly in emerging nations, has resulted in the global military aircraft avionics market becoming one of the few recession-resistant sub-sectors of the defense industry. Visiongain expects the global military aircraft avionics market to flourish from 2010 onwards, with significant rewards for successful companies.
How much are individual countries planning to spend on military aircraft avionics systems between 2010 and 2020? How are new technologies changing the nature of military aircraft avionics systems? Who are the leading companies providing military aircraft avionics systems? Where are the growth opportunities over the next decade - in which geographical region and with which technology? These critical questions and many more are definitively answered in this comprehensive report.
For more information, visit http://www.marketresearch.com/product/display.asp?ProductID=2832942