Worldwide general aviation avionics sales topped $2.8 billion in 2022, a 21.5% increase compared to 2021 — the largest percentage increase in the 11-year history of the Aircraft Electronics Association’s Avionics Market Report.
Aircraft Electronics Association
New resource launches to promote aerospace careers
The new AeroCareers.net website offers a spotlight on career paths in aviation and includes links to jobs, scholarships, aviation schools, veterans’ resources, information for educators, salary data, and more.
Aircraft Electronics Association scholarship applications now online
The AEA Educational Foundation will award multiple scholarships for the 2023-24 school year to students pursuing a career in avionics or aircraft maintenance, as well as students from AEA member companies.
Avionics sales continue to climb
The third-quarter Avionics Market Report shows that third-quarter sales increased 4.6% from the second quarter of 2022, marking the ninth consecutive quarter of increasing sales.
Avionics sales top $1.3 billion so far in 2022
“It is encouraging to see sales continue to climb, up nearly 16% compared to the first six months of 2021, but we also must consider the inflationary pressures that could factor into that increase,” said AEA President and CEO Mike Adamson.
Latest edition of avionics guide to be unveiled at Oshkosh
This year marks the 20th edition of the AEA Pilot’s Guide, a directory that includes educational articles, as well as information and data about the ever-changing world of avionics, Aircraft Electronics Association officials noted.
Inflation hits avionics prices
A recent survey by the Aircraft Electronics Association found that more than 82% of avionics businesses have raised their prices this year.
Increased aircraft deliveries boost avionics sales
An increase in first quarter avionics sales in 2022 corresponds to the increased aircraft deliveries, according to the latest Avionics Market Report.
Avionics sales top $2.3 billion in 2021
Avionics sales were up 6.5% in 2021, with sales steadily climbing for six straight quarters after bottoming out in 2020 with the pandemic.