Avionics News August 2015 - 10

AEA
Avionics
Market Report

Published
by the

AEA Unveils First-Quarter
2015 Avionics Market Report
Total sales exceed $587 million in first three months of 2015

The Aircraft Electronics Association recently released its first-q uarter 201 5 Avionics M arket R eport.
In the first three months of the year, total worldwide business and general aviation avionics sales amounted
to $587,100,212.92, or more than $587 million as reported by the participating companies.
The figure represented a 9.9 percent decrease in sales compared to the first-q uarter 201 4 amount of $ 6 5 1 ,748,994.1 2,
or more than $ 6 5 1 million. This year' s first-q uarter sales are more in line with the first-q uarter sales of 201 3, which totaled
$ 5 86 ,006 ,894.49, or more than $ 5 86 million.

Firstofthree
months
of worldwide
business
and general
aviation
First three months
worldwide
business
and general
aviation
avionics
sales avionics sales
1Q2014
1Q2015
1Q2014
1Q20141Q2014
1Q2015
1Q20151Q2015
%%Change
Change
% Change
Retrofit	
$321,328,276.08	 $277,272,571.02	
$277,272,571.02	
Retrofit	
$321,328,276.08	
$321,328,276.08	
$321,328,276.08	
$277,272,571.02	
$277,272,571.02	
-13.7%
-13.7%-13.7%
Forward-fit	
$330,420,718.04	 $309,827,641.90	
$309,827,641.90	
Forward-fit	
$330,420,718.04	
$330,420,718.04	
$330,420,718.04	
$309,827,641.90	
$309,827,641.90	
-6.2%
-6.2% -6.2%
YTD
YTD
$651,748,994.12
$651,748,994.12
$651,748,994.12$651,748,994.12 $587,100,212.92
$587,100,212.92
$587,100,212.92$587,100,212.92
-9.9%
-9.9% -9.9%

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 noncertified aircraft electronics; all hardware ( tip to tail) ; batteries; and chargeable product
upgrades from the participating manufacturers. The amount does not include repairs and overhauls, ex tended warranty or
subscription services.
Of the more than $ 5 87 million in first-q uarter 201 5 sales, 5 2.8 percent came from forward-fit ( avionics eq uipment
installed by airframe manufacturers during original production) sales. The retrofit ( avionics eq uipment installed after
original production) market amounted to 47.2 percent of first-q uarter sales.
According to the companies that separated their total sales figures between North America ( U .S. and Canada) and
other international markets, 65.5 percent of the first-q uarter sales volume occurred in North America ( U .S. and Canada) ,
while 34.5 percent took place in other international markets.

ercentage of total sales b mar et
Quarter
1Q 2015

Retrofit
47.2%

Forward-fit
52.8%

U.S./Canada
65.5%

Other International
34.5%

" The first-q uarter decline in sales is somewhat disappointing after the modest 4 percent year-over-year growth noted
in the year-end 201 4 report," said AEA P resident P aula D erks. " The rest of 201 5 will interesting to watch as the general
aviation electronics industry is coming off its largest convention and trade show ever, and ex pects increased activity
around the installation of mandated AD S-B Out eq uipment. W e' ll also be paying close attention to the strength of the U .S.
dollar and its impact on international sales in the coming q uarters."
M ore information about the AEA Avionics M arket R eport is available online at aea.net/ marketreport. q

1 0

AVIONICS NEWS

*

AUGUST

2015
http://www.aea.net/marketreport
Table of Contents for the Digital Edition of Avionics News August 2015
