Flight Navigation System Market poised to grow at a CAGR around 7% over the period of 2016 – 2021

Pune, India, October 10, 2016 / MRFR Press Release/- Market Research Future Published a Cooked Research Report on Global Flight Navigation System Market.

Market Highlights:

The Global Flight Navigation System Market is expected to grow at a CAGR of around 7% during 2016-2021. The key factors driving the growth are increasing aircraft fleet, demand for avionics system with gen-next aircraft, demand for accurate flight navigation, capability of handling more air traffic, collision avoidance systems, gyroscopes, and early warning radar and growth of developing economies.

As per the MRFR analysis, factors restraining the market growth are cyber-attack, high cost of autopilot system, and automation safety issue.

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EMEA to dominate the Global Flight Navigation System Market during the forecast period

As per the MRFR analysis, the EMEA region will continue its dominance in the forecast period to reach $XX million, to grow at a CAGR of 6%. Whereas, Americas and APAC will grow at a CAGR of XX% and XX%, respectively during the forecast period.

Access the market data and information presented through over 60 tables and figures spread 80+ pages of the project report. Avail in-depth table of content (TOC) & market synopsis on “Global Flight Navigation System Market   Information- Forecast from 2016 to 2021"

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This report includes a study of strategies of major market players in the Global Flight Navigation System Market are Honeywell, Moog Inc., Northrop Grumman, Raytheon, Rockwell Collins, Boeing, Esterline Technologies, GE Aviation, Sagem, and Navtech.

This research report provides detailed insights, into various levels of analyses such industry analysis, market share analysis leading market players and their profiles. This report also helps in studying the target segments by providing views on emerging & high-growth segments and market conclusion. Together the market data comprise and discuss with the basic assessments on the competitive scenarios & strategies, of the Global Flight Navigation System Market, including the high-growth regions, countries and their political, economical and technological environments. Furthermore the project report also provides views over the historic market values as well as, pricing and cost analysis of the same.