Press Release
Issued by Aircraft Electronics Association.
August 12, 2019
The Aircraft Electronics Association has released its second-quarter 2019 Avionics Market Report.
In the first six months of the year, total worldwide business and general aviation avionics sales amounted to $1,506,893,525.64, or more than $1.5 billion as reported by the participating companies. The figure represents a 14% increase in total sales compared to the first six months of 2018. During the second-quarter months of April, May and June, sales increased 14.8% compared to the same time frame one year ago.
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 non-certified 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 $1.5 billion in sales during the first half of 2019, 52.7% 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 47.3% of sales.
According to the companies that separated their total sales figures between North America (U.S. and Canada) and other international markets, 74.9% of the year-to-date sales volume occurred in North America, while 25.1% took place in other international markets.
"Avionics sales for general and business aviation have now seen an increase in year-over-year sales for 10-straight quarters," noted AEA president and CEO Mike Adamson. "In addition to the ADS-B workload, our AEA member repair stations continue to report an increasing number of full-panel retrofits with new electronic flight displays and digital autopilots, as well as continued interest with in-flight connectivity solutions."
