Commercial Avionics Systems Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2016 - 2024 Global Commercial Avionics Systems Market: Snapshot The primary driver augmenting the global commercial avionics systems market is the growing demand for systems that can calculate real time data for the aviation industry. The overall impact of this demand is expected to be very high over the coming years and is expected to mold the market to its specific way. Another driver for the global commercial avionics systems market is the rate at which the aviation industry is evolving within the developed economies of North America and Europe. They are giving a much larger room for improvements and development to players from the global commercial avionics systems market than other regions. The market is also benefitting from other technological advancements in aviation such as the modern glass cockpit and the use of better in-flight entertainment systems. However, the global commercial avionics systems market is currently being restricted by the reluctance of players to engage in larger activities due to the high costs of system maintenance. The use of modern commercial avionics systems also makes aviation vehicles more susceptible to online hacks. The global commercial avionics systems market is expected to reach US$31.07 bn by the end of 2024, by expanding at a CAGR of 3.5% within a forecast period from 2016 to 2024. At the end of 2016, the global commercial avionics systems market is expected to reach US$25.34 bn. View Report @ http://www.transparencymarketresearch.com/commercial- avionics-systems-market.html Navigation a Key Sales Component of Commercial Avionics Systems The global commercial avionics systems market is segmented on the basis of the common systems available, into cabin systems, integrated modular avionics, surveillance systems, avionics full duplex switched Ethernet, cockpit systems, navigation systems, flight control and emergency system, communication systems, electrical systems, and central maintenance systems. Of these, navigation systems are expected to lead the global commercial avionics systems market as a key component in terms of both demand and development value. Older ground and air systems tech is being upgraded and this is expected to become the prime driver for the global commercial avionics systems market.