Avionics
Retrofits Pushed Avionics Sales Growth in 2014, Says AEA
Total worldwide avionics sales were worth more than $2.5 billion in 2014.

Total worldwide sales of avionics for business and general aviation aircraft totalled just over $2.5 billion in 2014, representing a 4-percent year-over-year increase, according to figures released today by the Aircraft Electronics Association (AEA) at its convention in Dallas. AEA's annual market report shows that the value of sales was split fairly evenly between forward-fit (nearly $1.3 billion) and retrofitted equipment ($1.2 billion). At 51.4 percent, forward-fit equipment’s share of the market was slightly down from 2013, while the share for retrofit sales increased.