Aerospace & Defense Components · Direct
Monitoring · monthlyProcurement Category Intelligence
Avionics - Navigation Systems
Overview
Market size
$8.8B
global, USD
CAGR
6.8%
base to forecast
Buyer power
-2.4
supplier-favoured
Suppliers
12
tracked players
Signals
12
monitored
Market outlook
2031$12.2B
What changed
Demand by region
North America demand40%
Europe demand25%
Asia Pacific demand20%
Rest of world demand15%
share of global demandtotal 100%
Cost drivers
Electronic components and semiconductors35%
Specialized engineering and assembly labor30%
Raw materials including aluminum and composites15%
Research, development, and compliance testing12%
Freight, logistics, and manufacturing overhead8%
share of delivered cost (analyst estimate)