The Growth Of The Avionics Industry
Avionics hardware is comprised of electromechanical equipment and electronic devices necessary for aircraft operations. The equipment is necessary for accurate communications, guidance, cockpit display, monitoring, and more.
The business of avionics, the technology of developing the electronic equipment used for aviation, is rapidly expanding to keep up the growing demand for air travel and transport. While the International Air Transport Association (IATA) predicts that air passenger demand may double by 2036, the avionics industry will continue to expand as rapidly to keep pace.
According to a recent Markets and Markets report, the avionics industry will grow by US$ 18.4 billion or 26.9% between 2019 and 2024. The amount represents a notable 4.86% compound annual growth rate for the five-year period.
Measuring the Growth of Avionics
While much of the projected growth in avionics will stem from higher passenger demand and new aircraft, a large percentage will be a result of retrofitting existing inventory with new technology during scheduled maintenance operations, upgrading equipment, and implementing fuel-saving equipment.
Upgrading avionics equipment will pertain to all segments of aviation including commercial, military, business, and general aviation. Also, while the United States aviation industry will drive the largest percentage of the gain, demand from others like India, China, United Arab Emirates, Mexico, Russia, Qatar, and several smaller emerging markets are significant drivers.
According to Avionics International, the growth surge in avionics resulted mostly from retrofits of existing aircraft, making up 57.5% of industry sales in the 18.1% growth during the first half of 2018.
Hardware Drives Avionics Expansion
According to the Markets and Markets report, various new hardware components are driving the growth of the avionics industry. Products that offer greater accuracy, dependability, and efficiency are most in demand.
The most important avionics hardware installations are designs for:
- Integrating to other avionics instruments
- Integrated Modular Avionics Cabinets
- Control Display Units for human/machine interface, information displays, and data entry
- Flight planning
- Route determination
- In-flight route guidance
- Trajectory information
- Performance calculations
Rising Demand for Qualified Avionics Engineers and Technicians
As one of the hottest industries today, avionics developers and aviation companies are searching for qualified technicians and engineers to develop and install a variety of new devices and equipment.
If you are interested in electronics and a technically oriented career, avionics offers significant potential with some of the world’s leading companies. The demand is growing for expertise in systems for:
- Flight Control and Management
- Flight communications
- Mission and Tactical
- Aerial Surveillance
- Inflight Entertainment
Check Out the Aviation JobNet Job Board
Aviation JobNet provides a vital recruiting service for the aviation industry’s most important companies. With a job board presenting thousands of essential open positions, Aviation JobNet is an important clearinghouse for matching aviation companies with qualified candidates. For the job seeker, the Board offers clear job descriptions and specific experiential and educational requirements. Current openings range from aircraft pilots to avionics engineers and mechanics, as well as flight attendants and customer service representatives.
With the natural attrition created by imminent retirements, plus the rising demand for air travel and transport, the industry is actively searching for qualified candidates to handle all operations of the future.
For those with education, experience, and qualifications in technology, the field of avionics design, development, installation, and maintenance offers significant opportunity.
To understand the scope of demand for qualified technicians in the Avionics sector, here are just a few examples of Aviation JobNet’s current avionics openings:
- Avionics Technicians in Farmingdale NY, Gainesville TX, Point Mugu NAWC CA, and many more locations
- Avionics Technician Master, Jacksonville, FL
- Systems Engineer, Warner Robins GA
- Avionics Installer, Cleveland, OH
- Senior Avionics Systems Engineer, Redmond WA
- Avionics Managers, Henderson NV
- Electronics Design Engineer, Albuquerque NM
- Display Design Engineer, Albuquerque, NM
Visit the Aviation JobNet Job Board, enter the keyword “Avionics, and you will see pages of current job openings in the field of avionics. Now is the perfect time to begin your search for the right position in the exciting field of avionics.