Market Research Future - Premium Research Reports Flight Navigation System Market Report 2021
Flight Navigation System Market Trends, Key
Players, Market Demands, Industry Growth
Analysis & Forecast to 2021
Market Synopsis of Global Flight Navigation System Market
The Global Flight Navigation System Market is expected to grow at a CAGR of around 7% during 20162021. The key factors driving the growth are increasing aircraft fleet, demand for avionics system with
gen-next aircraft, demand for accurate flight navigation, capability of handling more air traffic, collision
avoidance systems, gyroscopes, and integration of early warning radar.
As per the MRFR analysis, factors restraining the market growth are cyber-attack, high cost of autopilot
system, and automation safety issue.
Demand of non-directional beacon, next generation avionics, and demand for aircraft condition monitoring
system (ACMS) are the ongoing trends which will impact the market during the forecast period.
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Global Flight Navigation System Market ($ million), 2016-2021
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