According to the research report titled ‘North America Aerospace Avionics Market Share, By Application, System, End-Use, Industry Analysis Report, Regional Outlook, Growth Potential, Competitive Market Share & Forecast, 2019 - 2025’, available with Market Study Report, North America aerospace avionics market is projected to cross a valuation of USD 29 billion by the year 2025.
 

As per the report findings, North America aerospace avionics market is majorly driven by technological innovations such as implementation of information technology and real-time information into and advanced avionics systems for aiding pilots in critical decision making. Besides, growing demand for supersonic jets with state-of-the-art avionics systems further add momentum to the market growth.
 

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Furthermore, retrofitting, upgradation, and replacement of aging aircraft fleet in North America will augment the business outlook. In fact, major commercial airline operators across the U.S. including Delta Air Lines, Allegiant Air, United Airlines, American Airlines, Southwest Airlines, Hawaiian Airlines, Alaska Airlines, JetBlue Airways, Spirit Airlines, and Frontier Airlines have aircraft fleets with a least lifespan of 7 years, an average of 10 years, and the oldest at 20 years, indicating a sustained demand for avionics components in the upcoming years. 
 

Based on application, helicopter segment in the North America aerospace avionics market is slated to register a yearly growth rate of 3% over the forecast timeframe. Growing presence of leasing helicopter companies and private helicopter owners are boosting the segmental share. Rise in demand for easy-to-use avionics systems such as Helios multi-function flight management systems launched by Avidyne for integration into helicopters are enhancing the overall market outlook.
 

Speaking of the end-use, OEM segment is anticipated to grow tremendously over the analysis period, supported by presence of leading aircraft and component manufactures and growing popularity of extensively outsourcing avionics manufacturing processes.
 

Some of the renowned players in North America aerospace avionics market are United Technologies, Collins Aerospace, GE Aviation, Pratt and Whitney, and Boeing. These players are leveraging collaborations & partnerships, new product launches, and investments to improve their market stance and expand the business horizon. For instance, Collins Aerospace, in January 2019, partnered with Lockeed Martin to provide sensors, avionics, and touchscreen displays for X-59 Quiet Supersonic Technology (QueSTT) aircraft which is to be delivered to NASA for data collection. This innovation will bring of commercial supersonic travel to reality in the coming years. In another major development, Innovative Solutions & Support (IS&S), in May 2019, landed its first Supplemental Type Certificate contract to implement auto-throttle on a Beechcraft King Air. Meanwhile, in October, Universal Avionics gained approval for building a prototype cockpit upgrade for Dassault Falcon 900B.