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Commercial Aircraft Avionic Systems Market to grow by USD 3.6 billion from 2024-2028, driven by demand for commercial aircraft, AI-powered insights

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NEW YORK, Sept. 30, 2024 /PRNewswire/ — Report on how AI is driving market transformation- The global commercial aircraft avionic systems market  size is estimated to grow by USD 3.6 billion from 2024-2028, according to Technavio. The market is estimated to grow at a CAGR of almost 1.68%  during the forecast period. Increasing demand for commercial aircraft is driving market growth, with a trend towards preference for satellite-based cockpit connectivity. However, complications associated with malfunctioning  poses a challenge. Key market players include Airbus SE, Avidyne Corp., Avilution, LLC, BAE Systems Plc, Curtiss Wright Corp., Field Aerospace, Garmin Ltd., General Electric Co., Honeywell International Inc., L3Harris Technologies Inc., Meggitt Plc, Northrop Grumman Corp., Panasonic Avionics Corporation., Safran SA, Sagetech Avionics Inc., Samtel Avionics., Teledyne Technologies Inc., Thales Group, The Boeing Co., and Universal Avionics Systems Corporation.

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Forecast period

2024-2028

Base Year

2023

Historic Data

Segment Covered

Application (FCS, CN and S, FMS, and AHMS), Distribution Channel (Line fit and Aftermarket), and Geography (North America, Europe, APAC, Middle East and Africa, and South America)

Region Covered

North America, Europe, APAC, Middle East and Africa, and South America

Key companies profiled

Airbus SE, Avidyne Corp., Avilution, LLC, BAE Systems Plc, Curtiss Wright Corp., Field Aerospace, Garmin Ltd., General Electric Co., Honeywell International Inc., L3Harris Technologies Inc., Meggitt Plc, Northrop Grumman Corp., Panasonic Avionics Corporation., Safran SA, Sagetech Avionics Inc., Samtel Avionics., Teledyne Technologies Inc., Thales Group, The Boeing Co., and Universal Avionics Systems Corporation

Key Market Trends Fueling Growth

The Commercial Aircraft Avionic Systems Market refers to the industry that produces and installs advanced electronic systems in commercial aircraft. These systems include navigation aids, communication equipment, and surveillance systems. The market is driven by increasing demand for safer and more efficient air travel. Key players include Honeywell, Rockwell Collins, and Thales. Growth is expected due to rising air traffic and technological advancements. 

The Commercial Aircraft Avionic Systems Market is experiencing significant growth in the aviation industry, driven by trends such as defense organizations’ use of uncrewed aerial vehicles and aviation safety initiatives. Regulations and certifications play a crucial role, with regulatory requirements for flight safety, situational awareness, and cybersecurity. Avionics upgrade packages are in demand as aircraft operators seek to enhance their fleet’s capabilities. Military agencies and aircraft manufacturers collaborate to develop innovative technologies like digital cockpits and connectivity solutions. Avionics manufacturers face challenges such as stringent regulations, compatibility issues, and economic downturns. Key players include FAA, Aircraft OEMs, MRO providers, and automotive electronics market. The market is segmented by aircraft models, with widebody jets and narrowbody segments leading the way. Low-cost carriers prioritize flight management, while pilots and passengers focus on emissions, fuel consumption, and comfort features. 

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Market Challenges

The Commercial Aircraft Avionic Systems Market refers to the sale and supply of advanced electronic systems used in the operation and navigation of commercial aircraft. These systems include communication, navigation, surveillance, and weather radar systems. The market is driven by factors such as increasing air traffic, technological advancements, and growing demand for safety and efficiency in air travel. Major players in this market include Honeywell, Rockwell Collins, and Thales.The Commercial Aircraft Avionic Systems Market is experiencing significant growth due to increasing passenger traffic and aircraft demand. Aircraft Original Equipment Manufacturers (OEMs) and Maintenance, Repair, and Overhaul (MRO) providers are under pressure to deliver advanced avionic systems for both widebody and narrowbody jets. The Federal Aviation Administration (FAA) and regulatory frameworks in emerging economies are driving fleet expansion and the integration of new technologies. Challenges include the vulnerability to cyber-attacks, real-time data requirements, and the need for systems that fit next-generation aircraft and commercial aviation networks. Sub-systems like flight management, flight control, navigation & surveillance, electrical & emergency, communication, systems electronics, engine controls, and aircraft operations computer are essential for all types of aircraft, including freighters, narrow body, wide body, regional & business jets. Low-cost carriers are driving demand for cost-effective solutions, while in-flight entertainment and advanced air mobility are emerging trends. The market is expected to continue growing due to the increasing middle-class population and freight volume. However, system expenditure and network capacities remain key concerns. Mosaic ATM and Nextgen aircraft are expected to revolutionize the industry, but the regulatory framework and cybersecurity vulnerabilities must be addressed.

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Segment Overview 

This commercial aircraft avionic systems market report extensively covers market segmentation by

Application 1.1 FCS1.2 CN and S1.3 FMS1.4 AHMSDistribution Channel2.1 Line fit2.2 AftermarketGeography 3.1 North America3.2 Europe3.3 APAC3.4 Middle East and Africa3.5 South America

1.1 FCS-  The Commercial Aircraft Avionic Systems Market refers to the business sector that produces and supplies advanced electronic systems for the aviation industry. These systems enhance aircraft safety, navigation, and communication capabilities. Market growth is driven by increasing air traffic, technological advancements, and regulatory requirements. Key players include Honeywell, Rockwell Collins, and Thales. Companies invest in research and development to offer innovative solutions and maintain their competitive edge.

Download complimentary Sample Report to gain insights into AI’s impact on market dynamics, emerging trends, and future opportunities- including forecast (2024-2028) and historic data ( – )

Research Analysis

The Commercial Aircraft Avionic Systems Market is driven by increasing passenger traffic and aircraft demand. Aircraft OEMs are integrating advanced avionic systems in new aircraft models to meet the needs of airlines and passengers. Regulatory bodies like the FAA are pushing for fleet expansion and the adoption of modern avionic systems for safety and efficiency. Widebody jets and narrowbody segments are witnessing significant growth due to their fuel efficiency and low operating costs. Flight management, flight control, navigation & surveillance systems, electrical & emergency systems, and innovative technologies like digital cockpits and connectivity solutions are key avionic systems in demand. Avionics manufacturers face challenges such as stringent regulations, certifications, cyber threats, compatibility issues, economic downturns, emissions, and fuel consumption. The automotive electronics market is also influencing the avionics industry with advancements in technology and cost savings.

Market Research Overview

The Commercial Aircraft Avionic Systems Market is experiencing significant growth due to increasing passenger traffic and aircraft demand. Avionic systems play a crucial role in aircraft operations, including flight management, flight control, navigation & surveillance, electrical & emergency, communication, systems electronics, engine controls, and in-flight entertainment. The market is segmented into widebody jets, narrowbody segment, freighters, regional & business jets, and sub-systems. Factors driving market growth include fleet expansion, MRO providers, and regulatory framework. However, vulnerability to cyber-attacks, regulatory requirements, and economic downturns pose challenges. Next-generation aircraft, advanced air mobility, and unmanned aerial vehicles are emerging trends. The market comprises airlines, aviation industry players, defense organizations, and avionics manufacturers. Key trends include real-time data, network capacities, system expenditure, and innovative technologies like digital cockpits and connectivity solutions. The market is subject to stringent regulations and certifications, as well as concerns over cyber threats, compatibility issues, and environmental sustainability.

Table of Contents:

1 Executive Summary
2 Market Landscape
3 Market Sizing
4 Historic Market Size
5 Five Forces Analysis
6 Market Segmentation

ApplicationFCSCN And SFMSAHMSDistribution ChannelLine FitAftermarketGeographyNorth AmericaEuropeAPACMiddle East And AfricaSouth America

7 Customer Landscape
8 Geographic Landscape
9 Drivers, Challenges, and Trends
10 Company Landscape
11 Company Analysis
12 Appendix

About Technavio

Technavio is a leading global technology research and advisory company. Their research and analysis focuses on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions.

With over 500 specialized analysts, Technavio’s report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio’s comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.

Contacts

Technavio Research
Jesse Maida
Media & Marketing Executive
US: +1 844 364 1100
UK: +44 203 893 3200
Email: media@technavio.com
Website: www.technavio.com/

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SOURCE Technavio

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H3C takes a deep dive into the challenges – and opportunities – AI brings

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BEIJING, Nov. 22, 2024 /PRNewswire/ — Nothing carries quite the gravitas of the Nobel Prizes, the five awards that were founded in Switzerland back in 1901 to recognize developments that have been of the “greatest benefit to humankind” in the fields of in physics, chemistry, physiology or medicine, literature, and in the promotion of peace.

These awards have traditionally noted people who have helped alter the course of human history and so it was telling when they were handed out by The Royal Swedish Academy of Sciences at the start of October that, for the first time, the work of people developing Artificial Intelligence was recognized.

This year’s winners in the sections both for physics (John Hopfield and Geoffrey Hianton) and chemistry (David Baker and joint-winners Demis Hassabis and John Jumper) have been expanding the use of AI software into science and their recognition has again shown how far this new technology’s reach has now spread, so quickly.

That’s a conversation that was carried on to GITEX Global 2024 in Dubai from October 14-18 – an event which brands itself as the “biggest tech & startup show in the world” – with the scope of the impact AI is having around the world once again on show.

At the center-point of displays and discussions were the very latest in AI advances as were the issues of where these developments are going to take the world as the digital economy continues to evolve.

On hand in Dubai was Ray Xu, senior vice-president of H3C, as well as president of the Chinese business innovation and digital transformation group’s cloud, compute, and storage product line. Based out of the eastern Chinese tech hub of Hangzhou, H3C officially launched two new H3C UniServer systems in Dubai (R5500 G7 and R5300 G7) – servers which can support more than 70 kinds of AI.

A week later, Xu sat down to reflect on that experience and on how an AI-led digital transformation, and technological innovation, are reshaping our world.

“These AI technologies are changing our lives and present a lot of new opportunities,” said Xu. “That has sparked a lot of imagination about what the future will be. On the other hand, AI applications also face some challenges in areas such as data privacy and algorithm bias. In the end, though, I’m an optimist. I think the opportunities far outweigh the challenges.”

Through its global commercial partnerships, H3C has helped expand AI technology usage across sectors including “AIGC [Artificial Intelligence Generated Content], autonomous driving in the new energy vehicle industry, and data-driven decision-making and personalized services in finance and enterprise sectors, as well as large-scale computing centers established by governments and operators.”

AIGC is one development that has had a major impact on the way work is done all over the globe. Innovations such as ChatGPT are driving new growth across industries as those industries adapt to generative technology and explore ways to expand AI’s uses.

Xu said there were a number of important challenges ahead, including developing the necessary infrastructure to support the power needed to drive this new technology, the development of more efficient power sources and servers, the building of data centers and learning how to deal with issues of privacy when it comes to data.

“At H3C we are committed to partnering with our customers when it comes to dealing with the challenges of business innovation and digital transformation,” said Xu. “With our comprehensive product line, we have solutions for cloud, computing, networking, security, and terminal issues as well as Information and Communication Technologies [ICT] solutions. With these solutions, we help a lot of our customers in their new journey of digital information transformation.”

The development of arithmetic power was another issue Xu identified, especially in terms of the Chinese market.

“I think there are four key challenges,” he said. “The first thing is computing power. We need huge amounts of computing power, so how to scale up this computing power quickly is very important. Second, how to use this arithmetic power efficiently? How to schedule this power is critical. The third challenge is about storage. We need data so how do we make this data transfer very efficiently, very quickly? 

“More computing means more data, more energy. So, how do we leverage this energy more efficiently? Making data centers more green will be the fourth challenge but in order to address these challenges, the first thing we need to do is scale up computing power more quickly.”

H3C has addressed these issues by focusing on “the upgrade and evolution of digital infrastructure to meet the needs of the AI era.” 

The company has also launched “diverse heterogeneous computing platforms for intelligent computing centers, high-performance AI servers, advanced data center network architectures, and AI storage solutions to provide strong, stable, and scalable digital infrastructure support.”

There has also been a focus on a green strategy when it comes to data center design and across the H3C production line, in keeping with the requirements of the industry. This includes such innovations as liquid cooling and box immersion, which are helping drive new growth on a global scale.

Overall, H3C has identified a “multifaceted” approach that has focused on increased investment in and construction of “computing infrastructure to rapidly scale up computing power,” the company said. 

Other focuses include “the development of more efficient and intelligent computing power allocation and data storage technologies to enhance resource utilization and ensure data security and stability”, while the company continues to explore “the promotion of innovation and application of energy-efficient technologies to reduce energy consumption during computing operations.”

That’s why, Xu said, the company is “open to different kinds of vendors.”

“We have the service capability to help customers build their ecosystem in anticipation of AI development, so they can actively embrace them,” he said. “We can always find ways to solve challenges and deliver more and more opportunities, backed by the belief that AI will bring us a bright and a smart future.”

View original content to download multimedia:https://www.prnewswire.com/apac/news-releases/h3c-takes-a-deep-dive-into-the-challenges–and-opportunities–ai-brings-302313932.html

SOURCE H3C

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IMMOTION WINS BEST VR AWARD FOR THE GREAT MIGRATION AT WCFF 2024

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MONTERREY, Mexico, Nov. 22, 2024 /PRNewswire/ — IMMOTION, the global leader in immersive edutainment, received the Best Virtual Reality Award at the Wildlife Conservation Film Festival (WCFF) last month for The Great Migration, its groundbreaking 360º VR film experience.

“What their team accomplished with their intricate and non-intrusive camerawork was previously unseen by our judges.”

The WCFF annually awards the best in conservation filmmaking that spotlight global conservation advocacy.

In The Great Migration, IMMOTION immerses viewers into the incredible journey of over 2 million animals traveling between Tanzania’s Serengeti and Kenya’s Maasai Mara reserves as part of an annual phenomenon known as the Great Migration of East Africa. This journey is filled with predators preying on vulnerable herds that instinctually cross the treacherous Mara River each year.

IMMOTION’s team of VR filmmakers, led by Creative Director Ken Musen, captured breathtaking, immersive footage of the migration using custom-built 360º VR cameras within “rock-cams,” “croc-cams,” drones, and hot air balloons.

“We placed special VR cameras in places along the migration’s paths that no one has ever tried before,” said Musen. “The footage we captured was spectacular; for the first time in VR, you can see inside a herd of wildebeest as they struggle across the river or even come face-to-face with a hippo in the Mara.”

When up for consideration, the film’s production quality and craftsmanship were apparent from start to finish.

“After watching The Great Migration, the decision to award IMMOTION was instantly unanimous,” said Mauricio De La Maza, Interim CEO at the WCFF. “What their team accomplished with their intricate and non-intrusive camerawork was previously unseen by our judges.”

This award adds to the acclaim the film has received since debuting at the Association of Zoos and Aqaurium’s Mid-Year conference in March.

“The reaction from our partners and viewers has been astounding,” said Rod Findley, President and CEO of IMMOTION. “We are honored to receive this award from the WCFF as our missions align on advocating for global wildlife conservation education.”

The Great Migration is the most powerful film in IMMOTION’s growing library, including new immersive content slated for next year.

About IMMOTION

IMMOTION offers dynamic, motion-based virtual reality experiences, featuring live-action and animated educational content guided by marine biologists, wildlife experts, and conservation organizations such as the Marine Megafauna Foundation, Bimini Shark Lab, and the Dian Fossey Gorilla Fund. With over 100 locations worldwide and more than 2M unique annual users, IMMOTION helps leading zoos, aquariums, museums, and science centers generate ancillary revenue through award-winning, on-mission immersive attractions while reinforcing the impact of their education and conservation programs.

About WCFF

The Wildlife Conservation Film Festival aims to inform, engage, and inspire audiences about the utmost need and importance of protecting global biodiversity through its annual film festivals in New York, Los Angeles, and Monterrey, Mexico.

 

View original content to download multimedia:https://www.prnewswire.com/news-releases/immotion-wins-best-vr-award-for-the-great-migration-at-wcff-2024-302313936.html

SOURCE Immotion

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CCTV+: Embarking on a Renewed Dialogue at Liangzhu Between Global Civilizations–The ‘Liangzhu: A Dialogue across World Civilizations’ Promotional Video and Documentary to Premier

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BEIJING, Nov. 22, 2024 /PRNewswire/ — Exchanges make civilizations colorful, and mutual learning makes them prosper. A documentary on the recently-concluded Portugal and Greece stops of the ‘Belt and Road Initiative’ ‘Liangzhu: A Dialogue across World Civilizations’ cultural exchanges is about to be aired. A representation of cultural exchanges between the land of divine emblems and inscriptions of Liangzhu and the realm of Athena and navigational compasses, it presents Liangzhu culture’s popularity abroad and appreciation by local youth, media outlets, as well as cultural and academic communities.

The documentary, filled with exciting moments at the Events, could serve as a preview to the upcoming second Liangzhu Forum, building up the anticipation for an even more splendid future of human civilization. Also, it features further explorations into the stories and significance behind the Events.

This event was organized by the Information Office of Zhejiang Provincial People’s Government, the Foreign Affairs Office of Zhejiang Provincial People’s Government, and Zhejiang Media Group. It was hosted by the Overseas Center, or ZTV-World, of Zhejiang Media Group and was supported by the Chinese Embassy in Portuga, the Chinese Embassy in Greece, University of Lisbon, Portugal, and Aristotle University of Thessaloniki, Greece, among other institutions.

Video – https://mma.prnewswire.com/media/2565121/2024.mp4

View original content:https://www.prnewswire.co.uk/news-releases/cctv-embarking-on-a-renewed-dialogue-at-liangzhu-between-global-civilizationsthe-liangzhu-a-dialogue-across-world-civilizations-promotional-video-and-documentary-to-premier-302313937.html

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