A Benchmarking System to Spark Companies to Action—Innovation that Fuels New Deal Flow and Growth Pipelines
09-Dec-2021
Global
Frost Radar
PC5B-01-00-00-00
AE01532-GL-MR_26056
With the COVID-19 pandemic severely hampering demand for air travel, the global aircraft utilization rate has declined steeply. This utilization rate is highest for narrow-body aircraft followed by regional jets, wide-body aircraft, and turboprop aircraft, which signifies that air travel demand for short-haul routes is higher than for long-haul routes. Restrictions on cross-border travel and the drop in business trips are the prime factors contributing to low demand for long-haul routes.
Low demand for air travel has forced the airlines to remove older aircraft from their in-service fleets to save on the cost of retrofit and aftermarket activities.
Avionics suppliers are working to update their legacy systems, such as the flight management system. They are monitoring mandates issued by the European Union Aviation Safety Agency (EASA) and the Federal Aviation Administration (FAA), the two major regulatory agencies, to best plan for and invest in products that will allow for the opportunity to gain retrofit contracts.
Leading commercial aircraft original equipment manufacturers (OEMs) generally prefer avionics solution providers that deliver comprehensive solutions that help their customers (airlines) gain strong aftermarket support. Significant investment is required to upscale their product offering for the commercial avionics market; therefore, scope is limited for small avionics companies to compete directly with the established players.
Considering the small number of industry participants that provide commercial avionics systems to the aviation industry, Frost & Sullivan independently plotted the top 12 companies in this Frost Radar™ analysis. The Frost Radar™ reveals the market positioning of each company using its Growth and Innovation scores as highlighted in the Frost Radar™ methodology. The document presents competitive profiles of each company based on its strengths, opportunities, and market positioning. We discuss strategic market imperatives and the competitive environment that vendors operate in as well as make recommendations for each provider to spur growth.
Author: Waseem A. K.
Strategic Imperative
Strategic Imperative (continued)
Growth Environment
Growth Environment (continued)
Frost Radar™: Global Commercial Avionics Market
Frost Radar™: Competitive Environment
Frost Radar™: Competitive Environment (continued)
Raytheon Technologies (Raytheon)
Honeywell
Thales
GE Aviation
Safran
Universal Avionics (UA)
Saab
BAE
Teledyne
Transdigm
Cobham
Meggitt
Strategic Insights
Significance of Being on the Frost Radar™
Frost Radar™ Empowers the CEO’s Growth Team
Frost Radar™ Empowers Investors
Frost Radar™ Empowers Customers
Frost Radar™ Empowers the Board of Directors
Frost Radar™: Benchmarking Future Growth Potential
Frost Radar™: Benchmarking Future Growth Potential
Legal Disclaimer
Frost Radar™: Benchmarking Future Growth Potential 2 Major Indices, 10 Analytical Ingredients, 1 Platform
Growth Index
Growth Index (GI) is a measure of a company’s growth performance and track record, along with its ability to develop and execute a fully aligned growth strategy and vision; a robust growth pipeline system; and effective market, competitor, and end-user focused sales and marketing strategies.
-
Market Share (previous 3 years)
This is a comparison of a company’s market share relative to its competitors in a given market space for the previous 3 years. -
Revenue Growth (previous 3 years)
This is a look at a company’s revenue growth rate for the previous 3 years in the market/industry/category that forms the context for the given Frost Radar™. -
Growth Pipeline
This is an evaluation of the strength and leverage of a company’s growth pipeline system to continuously capture, analyze, and prioritize its universe of growth opportunities. -
Vision and Strategy
This is an assessment of how well a company’s growth strategy is aligned with its vision. Are the investments that a company is making in new products and markets consistent with the stated vision? -
Sales and Marketing
This is a measure of the effectiveness of a company’s sales and marketing efforts in helping it drive demand and achieve its growth objectives.
Innovation Index
Innovation Index (II) is a measure of a company’s ability to develop products/ services/ solutions (with a clear understanding of disruptive Mega Trends) that are globally applicable, are able to evolve and expand to serve multiple markets and are aligned to customers’ changing needs.
-
INNOVATION SCALABILITY
This determines whether an organization’s innovations are globally scalable and applicable in both developing and mature markets, and also in adjacent and non-adjacent industry verticals. -
RESEARCH AND DEVELOPMENT
This is a measure of the efficacy of a company’s R&D strategy, as determined by the size of its R&D investment and how it feeds the innovation pipeline. -
PRODUCT PORTFOLIO
This is a measure of a company’s product portfolio, focusing on the relative contribution of new products to its annual revenue. -
MEGATRENDS LEVERAGE
This is an assessment of a company’s proactive leverage of evolving, long-term opportunities and new business models, as the foundation of its innovation pipeline. -
CUSTOMER ALIGNMENT
This evaluates the applicability of a company’s products/services/solutions to current and potential customers, as well as how its innovation strategy is influenced by evolving customer needs.
Significance of Being on the Frost Radar™
Companies plotted on the Frost RadarTM are the leaders in the industry for growth, innovation, or both. They are instrumental in advancing the industry into the future.
-
GROWTH POTENTIAL
Your organization has significant future growth potential, which makes it a Company to Action. -
BEST PRACTICES
Your organization is well positioned to shape Growth Pipeline™ best practices in your industry. -
COMPETITIVE INTENSITY
Your organization is one of the key drivers of competitive intensity in the growth environment. -
CUSTOMER VALUE
Your organization has demonstrated the ability to significantly enhance its customer value proposition. -
PARTNER POTENTIAL
Your organization is top of mind for customers, investors, value chain partners, and future talent as a significant value provider.
Speak directly with our analytics experts for tailored recommendations.
Recent related Aerospace Systems research
03 Sep 2026 | Global | Technology Research
Photonic and Optical Computing Chips for AI and Data Center Acceleration
The study evaluates photonic and optical computing technologies as critical enablers of next-generation AI infrastructure, addressing growing bandwidth, latency, power consumption, and scalability constraints associated with copper-based interconnects. The analysis covers photonic integrated circuit...
31 Jul 2026 | Global | Market Research
UAV Navigation Systems and Solutions, Global, 2025–2035
This study provides a comprehensive assessment of the global UAV navigation systems and solutions market through a multidimensional framework encompassing geographies, technologies, and applications. The market sizing and competitive assessment use a triangulated methodology that combines demand-sid...
27 Jul 2026 | Global | Technology Research
Advancements in Wide-Bandgap Materials (GaN, SiC, Ga₂O₃) for Power and RF Electronics
This study examines the technology landscape, commercialization progress, and future growth opportunities of wide-bandgap (WBG) semiconductor materials, with a primary focus on silicon carbide (SiC), gallium nitride (GaN), and gallium oxide (Ga₂O₃) for power and RF electronics. It evaluates how thes...
02 Jul 2026 | Global | Megatrends
Trend Opportunity Profiles—Economic Trends
The Economic Trend Opportunity Profiles (TOPs) series captures a structural shift in the global economy where national competitiveness is increasingly defined by control over AI capabilities, digital infrastructure, industrial capacity, and secure data ecosystems. Across AI-led productivity, smart m...
25 Jun 2026 | Global | Technology Research
Quantum Sensors Transitioning from Lab to Industry: Ultra-Precision Measurement for Healthcare, Defense, and Manufacturing
Quantum sensing is transitioning from laboratory research to industrial deployment, driven by the need for ultra-precise, reliable measurement in high-impact sectors such as healthcare, defense, and advanced manufacturing. This shift reflects a broader move from controlled, research-grade environmen...
Purchase includes:
- Report download
- Growth Dialog™ with our experts
Growth Dialog™
A tailored session with you where we identify the:- Strategic Imperatives
- Growth Opportunities
- Best Practices
- Companies to Action
Impacting your company's future growth potential.
| Deliverable Type | Frost Radar |
|---|---|
| No Index | No |
| Podcast | No |
| Author | Waseem Ahmed Khan |
| Industries | Aerospace, Defence and Security |
| WIP Number | PC5B-01-00-00-00 |
| Keyword 1 | Commercial Avionics Market |
| Keyword 2 | aerospace avionics market |
| Keyword 3 | avionics market share |
| Is Prebook | No |
| GPS Codes | 9000-A1 |
Frost Radar™: Global Commercial Avionics Market, 2021
$4,950.00
Special Price $3,712.50 save 25 %