Global Flight Management Systems Market 2016-2020 – Improvement in Safety Standards a Key Market Driver – Research and Markets

DUBLIN, June 14, 2016 /PRNewswire/ —

Research and Markets has announced the addition of the “Global Flight Management Systems Market 2016-2020” report to their offering.

The global FMS market is forecast to grow at a CAGR of 7.24% during the period 2016-2020.

The report has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

One trend that is expected to propel market growth is the emergence of the auto-ground collision avoidance system (GCAS). Automated piloting system monitors the aircraft position and distance from the ground in real time, and drives the plane out of danger when the aircraft is about to crash, and there is no positive response from the pilot. In 2014, the Auto-GCAS developed by NASA, introduced in US Air Force (USAF), saved an F-16 fighter jet and its pilot during combat operations against extremist forces in Syria. Installation of this technology in commercial aircraft can avoid similar tragedies in the future.

According to the report, a key growth driver for this market is the improvement in safety standards. Further, the report states that one challenge that could hamper market growth is the safety hazards related to digital cockpit systems.

Key vendors:

Key Topics Covered:

PART 01: Executive summary

PART 02: Scope of the report

PART 03: Market research methodology 

PART 04: Introduction

PART 05: Market landscape

PART 06: Global aerospace and defense supply chain system

PART 07: Global aerospace and defense value chain system

PART 08: Market segmentation by aircraft type

PART 09: Geographical segmentation

PART 10: Market drivers

PART 11: Impact of drivers

PART 12: Market challenges

PART 13: Impact of drivers and challenges

PART 14: Market trends

PART 15: Vendor landscape

For more information visit http://www.researchandmarkets.com/research/s7j2nf/global_flight

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SOURCE Research and Markets

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