North America Flight Management Systems Market Worth $1008.6 Million by 2018 - New Report by MicroMarket Monitor - WLOX.com - The News for South Mississippi

North America Flight Management Systems Market Worth $1008.6 Million by 2018 - New Report by MicroMarket Monitor

Posted:

This article was originally distributed via PRWeb. PRWeb, WorldNow and this Site make no warranties or representations in connection therewith.

SOURCE:

North American commercial aviation flight systems market is segmented on the basis of aircraft types and geography. http://www.micromarketmonitor.com/market/north-america-flight-management-systems-5545315829.html

(PRWEB) June 27, 2014

The report deals with Flight Management Systems which mainly aims at integrating navigation, flight parameters and navigation to get a systematic and consolidated auto flight control which maximizes the aircraft efficiency. Flight Safety is the major concern of all the aircraft operators as well as the airlines which demands the improvisation in FMS technology every year resulting in the growth of this segment.

The major task of FMS is to enhance aircraft efficiency to ensure better safety. It is done with the help of analyzing inputs according to the changing flight parameters. This will therefore optimize all the aspects of a flight by coordinating with commands of auto pilot and flight director. The aircraft operators always insist on better performance which means fuel efficiency in simpler terms.

The North America commercial aviation flight management systems market under commercial aviation was estimated at $931.50 million in 2013, and it is expected to reach $1008.6 million by 2018. North America is expected to be the fastest growing region in the commercial aviation flight management systems at a CAGR of 3%. The major challenges in this industry are increasing air traffic and rising fuel prices. The driving factors in this market are increase in safety operations of the flights and the ongoing changes to make aircraft navigation systems and avionics more equipped to meet with the Nextgen aircrafts.

Browse through the market data tables, figures and detailed ToC on the North America Flight Management Systems Market.

http://www.micromarketmonitor.com/market/north-america-flight-management-systems-5545315829.html

Related reports

APAC Flight Management Systems Market
The APAC commercial aviation flight management systems market under commercial aviation was estimated at $53.30 million in 2013 and it is expected to reach $65.20 million by 2018. APAC is expected to be the fastest growing region in the commercial aviation flight management systems at a CAGR of 3%. The major challenges in this industry are lack of control of aircraft path. The driving factors in this market are increase in air traffic and fleet renewal and expansion.

http://www.micromarketmonitor.com/market/asia-pacific-flight-management-systems-3451985011.html

European Flight Management Systems Market
The Europe commercial aviation flight management systems market under commercial aviation was estimated at $483 million in 2013 and it is expected to reach $560 million by 2018. Europe is expected to be the fastest growing region in the commercial aviation flight management systems at a CAGR of 3%. The major challenge in this industry is system complexity. The driving factors in this market are improvisation in operational planning by aircrafts and increase in safety operations.

http://www.micromarketmonitor.com/market/europe-flight-management-systems-8672138564.html

About MicroMarket Monitor

MicroMarket Monitor identifies and attends to various unmet needs of different industrial verticals, which include value chain impact analysis. The company publishes about 12000 Market Research Reports on various Micro Markets across the world. The graphical nature and multidimensional analysis of these reports provide advanced Business Intelligence Tools to the clients in that particular target market.

Contact:
Mr. Chandrasekhar K.
5601 Bridge Street
Suite 300
Fort Worth
TX 76112
Tel: +1-888-502-0539
Email: sales(at)micromarketmonitor(dot)com

Connect with us on LinkedIn at http://www.linkedin.com/company/micromarketmonitor.

For the original version on PRWeb visit: http://www.prweb.com/releases/na-flight-management/systems-market/prweb11981077.htm

Information contained on this page is provided by an independent third-party content provider. WorldNow and this Station make no warranties or representations in connection therewith. If you have any questions or comments about this page please contact pressreleases@worldnow.com.

Powered by WorldNow

208 DeBuys Road
Biloxi, MS 39531
(228) 896-1313

FCC Public File
EEO Report
Closed Captioning

All content © Copyright 2000 - 2014 Worldnow and WLOX. All Rights Reserved.
For more information on this site, please read our Privacy Policy and Terms of Service.