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North American Military Avionics Market Fragmented by Mergers and Acquisitions Finds Frost & Sullivan - Dynamics of market changing while living in the shadow of sequestration - Defense.Frost.com
North American Military Avionics Market Fragmented by Mergers and Acquisitions Finds Frost & Sullivan

 

PRZOOM - /newswire/ - Mountain View, CA, United States, 2012/11/28 - Dynamics of market changing while living in the shadow of sequestration - Defense.Frost.com.

   
 
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Frost & Sullivan's recent research North American Military Avionics Market establishes the current and expected spending for avionics in the United States and Canada. The spending is segmented by type of aircraft and additional sub-segmentation is included by military service budget category and type of avionics.

Frost & Sullivan's Aerospace and Defense practice (defense.frost.com) finds that the North American Military Avionics market earned revenue of $13.48 billion in 2011 and estimates this to decline to $13.31 billion in 2017.

If you are interested in more information on this research, please send an email to Jeannette Garcia, Corporate Communications, at jeannette.garcia[.]frost.com, with your full name, company name, title, telephone number, company email address, company website, city, state and country.

"Past programs often involved completely new aircraft and avionics designs," said Frost & Sullivan Industry Manager Wayne Plucker. "The relatively small numbers of new aircraft models will limit the number of market participants able to play a role in the development and manufacture of those aircraft."

Most of the new programs rely on common airframes modified for specific missions. Some of these airframes are commercial aircraft designs and use largely commercial avionics for flight avionics. However, integrated avionics will offer new opportunities for niche suppliers. Additionally, major component providers are becoming greater market forces.

Overall, the total number of suppliers in the avionics market has been declining due to mergers and acquisitions (M&A). However, these M&A have actually enhanced the competitive nature of the market. Aircraft OEMs have been more aggressively pursuing opportunities as avionics integrators, while component suppliers who often supplied stand-alone systems in the past are now providing integrated solutions.

"As a result of these market forces, Boeing and Lockheed Martin are accruing more direct avionics revenue, and Northrop Grumman and Raytheon are now major market participants," said Plucker. "Aircraft programs are becoming more international, resulting in increasing competition for roles in the few new aircraft programs."

North American Military Avionics Market is part of the Aerospace & Defense Growth Partnership Services program, which provides global Mega Trends, information on emerging markets and the latest technology innovations, market, economic, customer, competitive, and best practices research. This CEO 360 degree perspective will enable your company to effectively plan your strategies for growth. All research services included in subscriptions provide detailed market opportunities and industry trends that have been evaluated following extensive interviews with market participants.

About Frost & Sullivan
Frost & Sullivan (frost.com), the Growth Partnership Company, works in collaboration with clients to leverage visionary innovation that addresses the global challenges and related growth opportunities that will make or break today's market participants.

Our "Growth Partnership" supports clients by addressing these opportunities and incorporating two key elements driving visionary innovation: The Integrated Value Proposition and The Partnership Infrastructure.

The Integrated Value Proposition provides support to our clients throughout all phases of their journey to visionary innovation including: research, analysis, strategy, vision, innovation and implementation.
The Partnership Infrastructure is entirely unique as it constructs the foundation upon which visionary innovation becomes possible. This includes our 360 degree research, comprehensive industry coverage, career best practices as well as our global footprint of more than 40 offices.

For more than 50 years, we have been developing growth strategies for the global 1000, emerging businesses, the public sector and the investment community. Is your organization prepared for the next profound wave of industry convergence, disruptive technologies, increasing competitive intensity, Mega Trends, breakthrough best practices, changing customer dynamics and emerging economies?

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North American Military Avionics Market Fragmented by Mergers and Acquisitions Finds Frost & Sullivan

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Contact: Jeannette Garcia 
210-477-8427 jeannette.garcia[.]frost.com
 
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IMPORTANT INFORMATION: Issuance, publication or distribution of this press release in certain jurisdictions could be subject to restrictions. The recipient of this press release is responsible for using this press release and the information herein in accordance with the applicable rules and regulations in the particular jurisdiction. This press release does not constitute an offer or an offering to acquire or subscribe for any Frost & Sullivan securities in any jurisdiction including any other companies listed or named in this release.

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