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The global military aircraft avionics market is experiencing a significant growth, and will grow considerably due to increasing military fleet of developing countries. Military aircraft avionics systems comprise various electronic systems and vast array of sensors installed in the aircraft as well as integrated into the cockpit to execute specialized functions such as communication, navigation, and monitoring the aircraft functions. Especially, these components play a vital role during situations of war during which the aircraft operator has to maintain a high level of situational awareness. Currently, advanced military avionics systems include more software and less hardware, which favors the maintenance requirements.
COVID-19 pandemic has forced governments around the world to refrain from mobilizing military personnel to prevent the spread of disease, hence slowing down military movement and reduced usage of military aircrafts.
The delay in order processing and procurement due to supply chain restrictions caused by the COVID-19 has put hold on all ongoing military aircraft avionics projects.
Governments are diverting all economic resources to combat COVID-19 scenario, at the same time military organizations are left with huge budgetary constraints impacting ongoing aircraft avionics upgradation.
The lockdown and social distancing imposed by authorities to contain the COVID-19 will negatively impact military aircraft avionics system training of the personnel.
Military has been called to aid in COVID-19 crisis by respective countries, consequently diverting all focus on civilian aid, rendering combat aircraft avionics impractical in short term.
Surge in retrofit & aircraft upgradation, demand for UAVs for surveillance, and rise in adoption of synthetic vision system (SVS) used to overcome the issues associated with limited outside visibility for the pilot are the factors that drive the global military aircraft avionics market. However, budget constraints for developing countries for military aircraft avionics and expensive R&D in military aircraft avionics hinder the market growth. On the contrary, updates on technical standards in military aviation, employment of software based military avionics present new pathways in the industry.
The global military aircraft avionics market trends are as follows:
The prevalent budgetary constraints faced by weaker economies such as Egypt, Libya, and Kenya favor investments in the upgrading and modernization of existing aircraft fleets through the addition of advanced avionics systems to extend their service lives. In particular, the increase in aircraft modernization program adopted by militaries across the globe and increased retrofit of existing aircraft is expected to further drive the global military aircraft avionics market.
Synthetic aviation system helps pilot to fly in a safe way with increased positional awareness regardless of the weather conditions. SVS creates an artificial representation of the terrain surrounding the aircraft on a display inside the cockpit to give pilot a clear view of the outside. Thus, demand for installing SVS in an aircraft for overcoming issues related with visibility bodes well for global military aircraft avionics market.
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