Flight Management System Market To See 7.19% CAGR Globally to 2020 Says a New Research Report Available at RnRMarketResearch

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RnRMarketResearch.com adds “Flight Management System Market by Cockpit Architecture (VLA, WB, NB, and RTA), Hardware (FMC, CDU, and VDU), Maintenance (Line-fit and Retrofit) & by Geography (North America, Asia-Pacific, the Middle East, and Europe) – Forecast Analysis to 2014 – 2020" global research report to its store.

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The global flight management system market is estimated to be $601.36 million in 2014 and is expected to register a CAGR of 7.19% to reach $912.20 million by 2020.

The global flight management system market is estimated to be $601.36 million in 2014 and is expected to register a CAGR of 7.19% to reach $912.20 million by 2020.

The report provides a market analysis of the global flight management system market over the next five years. It contains an analysis of drivers, challenges, restraints, and burning issues that impact the industry. It also discusses the industrial value chain, Porters five forces model, and technology trends that currently prevail in the global flight management system market. Complete report is available at http://www.rnrmarketresearch.com/flight-management-system-market-by-cockpit-architecture-vla-wb-nb-and-rta-hardware-fmc-cdu-and-vdu-maintenance-line-fit-and-retrofit-by-geography-north-america-asia-pacific-the-middl-market-report.html .

It tracks, analyses, and lays out the market size of major aviation spenders in each region and provides the market share by cockpit architecture. It also analyses the market share by hardware equipment used to assist the operation of flight management systems.

The report provides information of the leading competitors in the global flight management system market; it also provides details on their financial positions, key products, their unique selling points, and key developments. This research report categorizes the global market on the basis of cockpit architecture, hardware, maintenance, regions, and by countries, along with forecasting revenues, market share, and analyzing trends in each of the sub sectors.

The flight management system market report profiles leading companies such as Honeywell International Inc, Thales Group, General Electric, Esterline Technologies Corporation, Rockwell Collins, Universal Avionics, Jeppesen Inc, Garmin Ltd, Lufthansa Systems and Navtech Order a copy of this report at http://www.rnrmarketresearch.com/contacts/purchase?rname=218976 .

All the percentage shares were determined using secondary sources and verified through primary sources. All the possible parameters that affect the markets covered in this research study have been viewed in extensive detail, verified through primary research, and analyzed to procure the final quantitative and qualitative data.

The percentage splits of the segments categorized under the global market were used to arrive at the market sizes of each of the individual segments of the end-user verticals. The global flight management system market has been classified by cockpit architecture, hardware, and geography. Thus, data was triangulated among four major categories based on their market sizes by aircraft types, hardware, geography, and company revenue.

In 2013, 1609 commercial aircraft were delivered across the globe and about 1,717 deliveries are expected in 2014. The Boeing Company has forecasted about 36,770 new aircraft deliveries of commercial aircraft by 2033. These increasing deliveries will directly fuel the market growth of the FMS market as it is used in every aircraft. The increasing passenger traffic in the developing countries is responsible for the growing demand of new commercial aircraft in these countries. Priced at US $4650 for a single user PDF, a discount on this research report can be requested at http://www.rnrmarketresearch.com/contacts/discount?rname=218976 .

The development of new and advanced flight management systems has meant that almost every aircraft can now be modified to improve its operational efficiency for better flight operations. In challenging economic times, airlines are constantly looking at ways in which they can add the value and extend the life span of their aircraft. Up gradation of aircraft with efficient flight management systems provide it with the ability to fly more fuel efficiently, such as using RNP (Required Navigation Performance), continuous descent, can translate into measurable fuel, and time savings for airlines, along with reduced pilot workload and enhanced safety.

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"Business Jet Market by Aircraft Type (Light Jet, Mid-size Jet, Large Jet), Geography (North America, Asia-Pacific, Europe, the Middle East, Latin America, and Africa) – Global Forecasts, Trends & Analysis to 2014 – 2020” research report is now available with RnRmarketresearch. Companies like Bombardier Inc, Gulfstream Aerospace Corporation, Cessna Aircraft Company, Embraer S.A, Dassault Aviation S.A, Airbus Group N.V, The Boeing Company and Honda Aircraft Company Llc are discussed in this research available at http://www.rnrmarketresearch.com/business-jet-market-by-aircraft-type-light-jet-mid-size-jet-large-jet-by-geography-north-america-asia-pacific-europe-the-middle-east-latin-america-and-africa-global-forecasts-trends-a-market-report.html .

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Priyank Tiwari
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