Title: Global Flight Management Systems Market 2020
FMS is a major component, which is used to operate, control, and monitor the aircraft without
continuous supervision by the pilot to enhance its capabilities. It is a specialized computer system that
automates a wide variety of in-flight tasks, reduces the aircraft weight and information-management
workload, enables power saving, and allows easier interaction with air traffic control to avoid accidents.
It reduces overall operating costs and results in the faster training of new pilots. FMS also improves the
functionality and accuracy along with enhanced situational awareness and safety of both the pilot and
the aircraft. In addition, advanced touchscreen displays for FMS are gaining popularity in commercial
aircraft market.
Publisher's analysts forecast the global FMS market to grow at a CAGR of 7.24% during the period
2016-2020.
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Publisher’s analysts forecast the global Flight Management Systems market to grow at a CAGR of
3.36% during the period 2016-2020.
Key vendors
- Honeywell International
- Lufthansa System
- Rockwell Collins
- Thales Group
Other prominent vendors
- BAE System
- Esterline Technologies
- GE Aviation
- Jeppesen
Market driver
- Improved safety standards
- For a full, detailed list, view our report
Market challenge
- Safety hazards of digital cockpit systems
- For a full, detailed list, view our report
Market trend
- Emergence of automatic ground collision avoidance system
- For a full, detailed list, view our report
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Fundamentals of Table of Content:
PART 01: Executive summary
- Highlights