LEE’S SUMMIT, Mo. — Total avionics sales topped $1.7 billion in the first nine months of 2015, according to figures just released by the Aircraft Electronics Association, representing a 7.5% drop from last year’s sales.
For the three months of the third quarter — July, August and September — total worldwide business and general aviation avionics sales amounted to more than $581 million.
That’s a 5.3% decrease in sales compared to the third-quarter 2014 amount of more than $614 million a year ago, according to AEA officials.
In the first nine months of the year, total worldwide business and general aviation avionics sales dropped 7.5% compared to the first nine months of 2014, which was more than $1.9 billion.
“Unfortunately, the report shows some softness in sales this quarter and in the current year,” said AEA President Paula Derks. “With a year-over-year sales decline of 7.5%, clearly our industry continues to face some economic challenges that may be primarily related to the strength of the U.S. dollar. In addition, while the FAA reports that the ADS-B equipage pace has grown in the past year, it has not resulted in a similar increase in total avionics sales.”
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/certified and 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 $1.7 billion in sales during the first nine months of 2015, 51.4% came from forward-fit (avionics equipment installed by airframe manufacturers during original production) sales, or more than $911 million. The retrofit (avionics equipment installed after original production) market amounted to 48.6% of sales during the first nine months of the current year, or more than $862 million.