The Aircraft Electronics Association (AEA), which represents some 1,300 member companies in the avionics industry, has reported a surge in business and general aviation aircraft electronics sales of 14 per cent year-over-year.
The growth In sales brings the total revenue generated by the industry to $1.5 billion in the first six months of this year, according to AEA data.
“Avionics sales for general and business aviation have now seen an increase in year-over-year sales for 10 straight quarters,” said AEA president and CEO Mike Adamson.
“In addition to the ADS-B workload, our AEA member repair stations continue to report an increasing number of full-panel retrofits with new electronic flight displays and digital autopilots, as well as continued interest with in-flight connectivity solutions.”
A breakdown of the data shows that forward-fit avionics installations experienced the biggest growth, jumping 26.9 per cent to around $712 million, while retrofit sales rose 4 percent, to almost $794 million.
AEA based their data on net sales price, allowing for the inclusion of all components and accessories in flight deck and cabin, as well as software upgrades, certified and noncertified aircraft electronics, all hardware and batteries, and several other factors.
Not included as part of the data was amounts related to repairs and overhauls, extended warranty, or subscription services.