Avionics
Retrofit Avionics Market Grows Modestly as Forward-fit Sales Skyrocket
The AEA's Q3 2023 Avionics Market Report shows $814 million in sales
Textron avionics install
Photo: Textron Aviation

During the first nine months of this year, worldwide business and general aviation avionics sales reached more than $2.4 billion, according to the Aircraft Electronics Association's (AEA) third-quarter Avionics Market Report. This figure represents a 15.9 percent increase in sales compared with the same period in 2022, bolstered significantly by a 26.2 percent rise in forward-fit sales.

Avionics sales for the third quarter amounted to more than $814 million, up 9.9 percent from the same period a year ago. These sales compare with $777.6 million in the first quarter and $824 million in the second quarter.