Avionics
AEA: Bizav/Genav Avionics Sales Climb 6.5% in 2021
Worldwide business and general aviation avionics sales last year climbed 6.5 percent, to nearly $2.37 billion, according to AEA's latest market report.

Worldwide business and general aviation avionics sales last year climbed 6.5 percent, to nearly $2.37 billion, according to the Aircraft Electronics Association’s 2021 Avionics Market Report. This puts last year’s sales on par with those from 2017 but below the $3 billion peak recorded in 2019. During the fourth quarter, sales rose 7.4 percent from a year earlier.

Of the 2021 avionics sales, 54.6 percent were from the retrofit market, with forward-fit sales accounting for the remainder. By world region, 75.2 percent of these sales were from the U.S. and Canada, while 24.8 percent took place in other international markets.