Avionics News April 2016 - 10

AEA
Avionics
Market Report

AEA Unveils
2015 Year-end
Avionics Market Report
Published
by the

Strong fourth quarter pushes total year-end sales beyond $2.4 billion
The Aircraft Electronics Association recently released its 2015 year-end Avionics Market Report. 
Total worldwide business and general aviation avionics sales for the year amounted to $2,416,438,987.42, or
more than $2.4 billion. The figure represented a 4.4 percent decrease in sales compared to the previous year as
reported by the participating companies in 2014.

2015 Year-end Worldwide Business & General Aviation Avionics Sales
Quarter
1Q 2015
2Q 2015
3Q 2015
4Q 2015
2015 Totals*

Retrofit
$277,272,571.02
$291,223,422.00
$294,351,534.77
$324,125,430.08

Forward-fit
$309,827,641.90
$314,296,259.40
$287,459,164.23
$328,930.795.75

Total Sales
$587,100,212.92
$605,519,681.40
$581,810,699.00
$653,056,225.83

$1,187,389,485.21

$1,229,049,502.21

$2,416,438,987.42

*-Note that the 2015 year-end totals do not exactly equal the sum of the four quarterly amounts as reported earlier in
the year. This variance is the result of seasonally adjusted year-end numbers by some of the participants. In addition,
the number of companies that participate in the AEA Avionics Market Report may change on a quarterly and/or annual
basis. This may occur due to mergers and acquisitions during the year along with new companies participating in the
reporting process. Any comparative analysis of the data should take this variance into consideration.
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, extended warranty or subscription services. 
Of the more than $2.4 billion in sales in 2015, 50.9 percent came from forward-fit (avionics equipment
installed by airframe manufacturers during original production) sales, or more than $1.2 billion. The forward-fit
market accounted for 51.4 percent of total sales in 2014 and 54.1 percent of total sales in 2013.
By contrast, the retrofit (avionics equipment installed after original production) market showed an increase in
its percentage of total sales for the third straight year. Retrofit sales amounted to 49.1 percent of sales in 2015,
while the retrofit market accounted for 48.6 percent of total sales in 2014 and 45.9 percent of total sales in 2013. 
According to the companies that separated their total sales figures between North America (U.S. and Canada)
and other international markets, 64.2 percent of the 2015 sales volume occurred in North America (U.S. and
Canada), while 35.8 percent took place in other international markets.

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Table of Contents for the Digital Edition of Avionics News April 2016
