Press Release

Issued by Aircraft Electronics Association.

April 30, 2018

The Aircraft Electronics Association has released its first quarter 2018 Avionics Market Report.

In the first three months of the year, total worldwide business and general aviation avionics sales amounted to $639,796,979 or more than $639 million as reported by the participating companies.

The figure represented a 13 percent increase in total sales compared to the first quarter 2017 amount of $566,179,780.61, or more than $566 million.

The dollar amount reported (using net sales price, not manufacturer's suggested retail price) includes: all business and general aviation aircraft electronic sales, including all component and accessories in cockpit/cabin/software upgrades/portables/certified and noncertified aircraft electronics; all hardware (tip to tail); batteries; and chargeable product upgrades from the participating manufacturers. The amount does not include repairs and overhauls, extended warranty or subscription services.

Of the more than $639 million in first quarter 2018 sales, 56.8 percent came from the retrofit market (avionics equipment installed after original production), while forward-fit sales (avionics equipment installed by airframe manufacturers during original production) amounted to 43.2 percent of first-quarter sales.

According to the companies that separated their total sales figures between North America (U.S. and Canada) and other international markets, 76.1 percent of the first-quarter sales volume occurred in North America (U.S. and Canada), while 23.9 percent took place in other international markets.

More information about the AEA Avionics Market Report is available online at www.aea.net/marketreport.