The Aircraft Electronics Association’s recently released second-quarter 2014 Avionics Market Report shows that in the three-month period of April, May and June 2014, total worldwide business and general aviation avionics sales amounted to more than $652 million.
That represented a 2.7% increase in sales compared to the second-quarter 2013 amount of more than $635 million as reported a year ago by the participating companies.
The amount of sales also marked a slight uptick in total sales from the first three months of the year, as first-quarter sales amounted to more than $651 million.
Combined with the first-quarter sales figures, total worldwide sales now exceed $1.3 billion through the first six months of the year, a 6.8% increase when compared to the first six months of 2013.
The dollar amount reported (using net sales price, not manufacturer’s suggested retail price) includes: all business and general aviation aircraft electronic sales including all component and accessories in cockpit/cabin/software upgrades/portables/noncertified aircraft electronics; all hardware (tip to tail); batteries; and chargeable product upgrades from the participating manufacturers. The amount does not include repairs and overhauls, extended warranty or subscription services.
Of the more than $652 million in total sales in the second quarter, more than $333 million, came from forward-fit (avionics equipment installed by airframe manufacturers during original production) sales and comprised 51.2% of total sales.
Retrofit (avionics equipment installed after original production) sales amounted to more than $318 million, comprising 48.8% of total sales.
According to the companies that separated their total sales figures between North America (U.S. and Canada) and other international markets, 62.7% of the sales volume occurred in North America (U.S. and Canada), while 37.3% took place in other international markets.
“It will be interesting to observe total sales figures in the years ahead, particularly as we get closer to the 2020 ADS-B Out mandate in the U.S. and the fact that several avionics manufacturers recently introduced new ADS-B solutions for the business and general aviation marketplace,” said Paula Derks, AEA president.
To ensure confidentiality, the participating manufacturing companies submit their sales figures to an independent third-party accounting firm retained to produce the AEA Avionics Market Report. The companies currently participating in the report include:
- Accord Technology
- Aircell
- Alto Aviation
- Anodyne Electronics Manufacturing Corp.
- Aspen Avionics
- BendixKing
- Cool City Avionics
- FreeFlight Systems
- Garmin
- Genesys Aerosystems
- Honeywell Business & General Aviation
- ICG
- Jupiter Avionics
- Latitude Technologies
- L-3 Aviation Products
- Mid-Continent Instruments and Avionics
- PS Engineering
- Rockwell Collins
- Sandia Aerospace
- Shadin Avionics
- Trig Avionics
- Universal Avionics Systems Corp.
The number of companies that participate in the AEA Avionics Market Report may change on a quarterly and/or annual basis, and any comparative analysis of the data should take this into consideration, AEA officials note.
For more information: AEA.net