According to the UnivDatos Market Insights Analysis, growing demand for cockpit digitalization with AI and VR with increased efficiency will drive the growth scenario of Next Generation Avionics and as per their “Next Generation Avionics Market” report, the global market was valued at USD 2,510 million in 2023, growing at a CAGR of 10.21% during the forecast period from 2024 - 2032 to reach USD million by 2032.  Next-generation avionics are used for predictive maintenance, remote assistance, visualization of maintenance issues, training purposes, ease of handling, and improving customer experience. The integration of next-generation technologies in avionics has made flight operations significantly easier as well as led to a reduction the fuel costs and energy and resource utilization due to which the market has witnessed a sizeable growth in recent growth.

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Rising Trend of Digital Cockpit to Promote AI and VR Systems:

With the shift in technology in the aerospace domain, there is a rising need to digitalize the cockpit. A large number of 4th- and 3rd-generation aircraft have relied on analog and semi-digital systems to offer an ecosystem to pilots for a long time. However, in order to reduce the pilot reaction time and simplify the flight cockpit, many of the aircraft manufacturers have started offering a more digital or fully digital cockpit in military and commercial aircraft. In order to train pilots and ground staff on the systems without risking pilots and aircraft, various AI and VR-based simulation systems are being offered by aircraft manufacturing companies.

F35 is one of the latest generation aircraft with the integration of a panoramic single display combined with all the functions and sensors. The system also integrates a 360-degree flight simulation system to offer a comprehensive view to the pilots and make them familiar with the system. According to the manufacturer Lockheed Martin, the Full Mission Simulator cockpit can be easily reconfigured to support training on all the F-35 variants (F35 A, B & C).

The usage and development of new types of AR and VR flight simulators with the rise of fully digital aircraft cockpits the market for Next Generation Avionics in this particular category is anticipated to grow rapidly, subsequently improving its market in the coming years.

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Rising Digitalization due to 4.5 and 5th generation aircraft:

In recent years, global security and geopolitical tensions have forced the advancing air forces across the globe to increase their air power through the acquisition of new 4.5 and 5th-generation aircraft. In line with this, countries such as the US, China, Russia, India, Germany, France, Indonesia, etc., have announced their plans to increase their air fleet with the next-generation fighter jets and helicopters. This included overhauling old aircraft as well as new fighter jets with unified command and control as well as long-range detection and ranging. For instance,

In January 2024, the French government announced the purchase of 42 additional Rafale Jets with a total cost of USD 5.5 billion. The respective aircraft will be delivered between 2027 to 2032.

In 2024, the government of the Czech Republic signed a deal with the government of the US to buy 24 new F35 jets. The total worth of the deal would be USD6.6 billion to be delivered between 2031 to 2035.

Conclusion:

The Global Next Generation Avionics market is experiencing a transformative phase driven by technological advancements, sustainability space operations, digitalization, market dynamics, and implementation of government policies. Stakeholders across the industry are embracing these trends to enhance operational efficiency, integrating communication systems, power-efficient systems, etc. As flight simulator training continues to play a strategic role in improving pilot training, staying abreast of these trends and embracing innovation will be crucial for the Global Next Generation Avionics market.

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