Avionics racks are designed and tested to meet the necessary vibration, shock, and environmental conditions during the service life of the aircraft. The selection of materials for avionics racks is dependent on several parameters including temperature resistance, lightweight, durability, strength, cost, availability, etc. Stainless steel, aluminum, and composites are the three major materials used by the manufacturers on the basis of their characteristics. In recent years, composites have been gaining traction in the market driven by their enormous advantages over other materials.
This report contains market size and forecasts of Avionics Racks in global, including the following market information:
Global Avionics Racks Market Revenue, 2017-2022, 2023-2028, ($ millions)
Global Avionics Racks Market Sales, 2017-2022, 2023-2028, (K Units)
Global top five Avionics Racks companies in 2021 (%)
The global Avionics Racks market was valued at million in 2021 and is projected to reach US$ million by 2028, at a CAGR of % during the forecast period 2022-2028.
The U.S. Market is Estimated at $ Million in 2021, While China is Forecast to Reach $ Million by 2028.
Aluminum Racks Segment to Reach $ Million by 2028, with a % CAGR in next six years.
The global key manufacturers of Avionics Racks include The Groupe Latecoere, Safran S.A., Boeing, AMETEK, Carlisle Interconnect Technologies, Collins Aerospace, Comtek Advanced Structures, Ducommun Incorporated and Hutchinson Aerospace and etc. In 2021, the global top five players have a share approximately % in terms of revenue.
MARKET MONITOR GLOBAL, INC (MMG) has surveyed the Avionics Racks manufacturers, suppliers, distributors and industry experts on this industry, involving the sales, revenue, demand, price change, product type, recent development and plan, industry trends, drivers, challenges, obstacles, and potential risks.
Total Market by Segment:
Global Avionics Racks Market, by Type, 2017-2022, 2023-2028 ($ Millions) & (K Units)
Global Avionics Racks Market Segment Percentages, by Type, 2021 (%)
Aluminum Racks
Stainless Steel Racks
Composite Racks
Others
Global Avionics Racks Market, by Application, 2017-2022, 2023-2028 ($ Millions) & (K Units)
Global Avionics Racks Market Segment Percentages, by Application, 2021 (%)
Commercial Aircraft
Military Aircraft
Private Plane
Others
Global Avionics Racks Market, By Region and Country, 2017-2022, 2023-2028 ($ Millions) & (K Units)
Global Avionics Racks Market Segment Percentages, By Region and Country, 2021 (%)
North America
US
Canada
Mexico
Europe
Germany
France
U.K.
Italy
Russia
Nordic Countries
Benelux
Rest of Europe
Asia
China
Japan
South Korea
Southeast Asia
India
Rest of Asia
South America
Brazil
Argentina
Rest of South America
Middle East & Africa
Turkey
Israel
Saudi Arabia
UAE
Rest of Middle East & Africa
Competitor Analysis
The report also provides analysis of leading market participants including:
Key companies Avionics Racks revenues in global market, 2017-2022 (Estimated), ($ millions)
Key companies Avionics Racks revenues share in global market, 2021 (%)
Key companies Avionics Racks sales in global market, 2017-2022 (Estimated), (K Units)
Key companies Avionics Racks sales share in global market, 2021 (%)
Further, the report presents profiles of competitors in the market, key players include:
The Groupe Latecoere
Safran S.A.
Boeing
AMETEK
Carlisle Interconnect Technologies
Collins Aerospace
Comtek Advanced Structures
Ducommun Incorporated
Hutchinson Aerospace
L3Harris Technologies