Market Share of Europe Aircraft Avionics Industry
The European aircraft avionics market is semi-consolidated in nature, with a presence of few local and global players holding significant shares in the market. Some of the prominent players in the market are Safran, Cobham plc, LATECOERE S.A, L3Harris Technologies Inc., and RTX Corporation. RTX Corporation's subsidiary Collins Aerospace is the major avionics provider to major aircraft programs of commercial, military, and general aviation segments for aircraft OEMs like Airbus and Boeing as the major players in the market sign long-term contracts with the aircraft original equipment manufacturers (OEMs), which makes it difficult for new players to enter the line-fit segment of the market. However, the other global and regional players that provide connectivity solutions, gauges and indicators, GPS, jammers, and other control systems for various flight activities occupy a significant part of the retrofit segment of the market.
Europe Aircraft Avionics Market Leaders
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Cobham plc
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LATECOERE S.A
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Safran SA
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L3Harris Technologies Inc.
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RTX Corporation
*Disclaimer: Major Players sorted in no particular order
