Russia Dominates the European Commercial Flight Management System Market of 28.3% in 2014

Date: 2015-08-13

“A flight management system (FMS) is an essential constituent of a modern airliner’s avionics. FMS is a specialized processor that mechanizes variety of in-flight tasks, thereby reducing the workload on the flight troop to the point that modern civilian aircraft is not required to carry flight engineers or navigators. Flight management systems prepare flight plans, and offers pilot guidance and steering commands. 

Russia dominates the European market for commercial flight management system, and has registered a market share of 28.3% in 2014.

This market research report offers a comprehensive overview of varied market dynamics such as drivers, restraints, challenges, and opportunities. An in-depth market share analysis, in terms of revenue, of the top companies is also included in the report. These numbers are arrived based on key facts, annual financial information from SEC filings, annual reports, and interviews with industry experts, key opinion leaders such as CEOs, directors, and marketing executives. A detailed market share analysis of major players in the European commercial flight management system market has also been covered in this report. 

Leading players of the European commercial flight management system market are Thales Group (France), Honeywell International Inc. (U.S.), General Electric Company (U.S.), Esterline Technologies Corporation (U.S.), Rockwell Collins (U.S.), Universal Avionics Systems Corporation (U.S.), and Lufthansa Gro

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