Asia-Pacific Flight Management Systems Market is Worth $65.20 million by 2018

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Worlds 1st Real Time Market Intelligence
MicroMarket Monitor
Forecasts

• Asia-Pacific Flight Management Systems Market is
  Worth 65.20 million by 2018

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The Asia-Pacific commercial aviation flight
management systems market is expected to grow
slowly during the study period (2013-2018). The
market estimated at 56.30 million in 2013 and
the market is expected to be 65.20 million by
2018. It is expected to grow at a CAGR of 3.00
during this period. Though slow-growing, this
market will expand greatly in the long run. A
flight management system (FMS) is the core of
every aircraft today. Flight management systems
control a majority of tasks that were performed
manually earlier, such as navigation and managing
flight plans.
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The major task of FMS is to enhance aircraft
efficiency ensuring better safety, which is done
with the help of analyzing inputs according to
changing flight parameters. This will optimize
all aspects of a flight by coordinating with auto
pilot and flight director commands. Aircraft
operators always insist on better performance,
which means fuel efficiency in simpler terms. FMS
manufacturers keep improving the technology to
cope with the increased need for proper fuel
management.
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Browse through the TOC of the Asia-Pacific
commercial aviation flight management systems
market report to get an idea of the in-depth
analysis provided. http//www.micromarketmonitor.
com/market/asia-pacific-flight-management-systems-
3451985011.html

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North America Flight Management Systems Market

• The North American flight management system
  market is a competitive market with a number of
  market players. As of 2014, the North American
  market is majorly dominated by Honeywell
  international Inc., General Electric Company and
  Esterline Technologies Corporation. The launch of
  new products, agreements, contracts, and joint
  ventures are the major strategies adopted by
  these major players to achieve growth in the
  North America flight management systems market.

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• Flight Management System in wide body aircraft
  market is expected to be the fastest growing
  segment in the North America cockpit architecture
  flight management system market, projected to
  grow at the fastest CAGR of 7.27 from 2014 to
  2019. Factors such as rise in aircraft
  deliveries, increasing passenger traffic, need
  for fuel efficiency is further driving the market
  at a significant pace.
• http//www.micromarketmonitor.com/market/north-ame
  rica-flight-management-systems-5545315829.html

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