Avionics sales boom for new and used aircraft

World sales of avionics are booming according to the latest figures released by the Aircraft Electronics Association (AEA).

The AEA has just released its third-quarter 2021 Avionics Market Report which shows that in the first nine months of the year, total worldwide business and general aviation avionics sales amounted to $1,761,553,466.94, or more than $1.7 billion.

The figure represents a 5.4% increase in total sales compared to the first nine months of 2020. It also represented a 1.8% increase in sales sequentially from the second quarter of 2021 and marked the fifth consecutive quarter of increasing sales.

Of the more than $1.7 billion in sales during the first nine months 2021, 53.7% came from the retrofit market (avionics equipment installed after original production), while forward-fit sales (avionics equipment installed by airframe manufacturers during original production) amounted to 46.3% of sales.

According to the companies that separated their total sales figures between North America (U.S. and Canada) and other international markets, 74.8% of the year-to-date sales volume occurred in North America (U.S. and Canada), while 25.2% took place in other international markets.

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 non-certified aircraft electronics
• All hardware (tip to tail)
• Batteries
• Chargeable product upgrades from the participating manufacturers.

It does not include repairs and overhauls, extended warranty or subscription services.

AEA Avionics Market Report