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Q2 avionics market report reveals sales growth: AEA

Sept. 2, 2014, Lee's Summit, Mo. - The Aircraft Electronics Association has released its second-quarter 2014 Avionics Market Report.


September 2, 2014
By Carey Fredericks

In the three-month period of April, May and June 2014, total worldwide business and general aviation avionics sales amounted to more than US$652 million.
 
The figure represented a 2.7 per cent increase in sales compared to the second-quarter 2013 amount of more than $635 million as reported a year ago by the participating companies.

The amount of sales also marked a slight uptick in total sales from the first three months of the year, as first-quarter sales amounted to more than $651 million.
 
Combined with the first-quarter sales figures, total worldwide sales now exceed US$1.3 billion through the first six months of the year, a 6.8 per cent increase when compared to the first six months of 2013.

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/nelectronics; 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 $652 million in total sales in the second quarter, more than US$333 million, came from forward-fit (avionics equipment installed by airframe manufacturers during original production) sales and comprised 51.2 per cent of total sales. Retrofit (avionics equipment installed after original production) sales amounted to more than US$318 million, comprising 48.8 per cent of total sales.

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According to the companies that separated their total sales figures between North America (U.S. and Canada) and other international markets, 62.7 per cent of the sales volume occurred in North America (U.S. and Canada), while 37.3 per cent took place in other international markets.
 
"It will be interesting to observe total sales figures in the years ahead, particularly as we get closer to the 2020 ADS-B Out mandate in the U.S. and the fact that several avionics manufacturers recently introduced new ADS-B solutions for the business and general aviation marketplace," said Paula Derks, AEA president.