Avionics News August 2016 - 10

AEA
Avionics
Market Report

AEA Unveils
First-Quarter 2016
Avionics Market Report

Published
by the

Total sales exceed $566 million in first three months of 2016
The Aircraft Electronics Association recently released its first-quarter 2016 Avionics Market Report.
In the first three months of the year, total worldwide business and general aviation avionics sales amounted to
$566,098,705.96, or more than $566 million as reported by the participating companies.

First three months of 2016 worldwide business and general aviation avionics sales
Quarter
1Q 2016

Retrofit
$256,462,826.30

Forward-fit
$309,635,879.66

Total Sales
$566,098,705.96

The figure represented a 3.6 percent decrease in sales compared to the first-quarter 2015 amount of
$587,100,212.92, or more than $587 million.

First three months of
worldwide
business
and general
aviation
avionics
First
three months
of worldwide
business
and
generalsales
aviation avionics sales
2016
2016
% Change
2016
2015
% Change
2015 %
2016 2015
2015
Retrofit	
$256,462,826.30	
Retrofit	
$256,462,826.30	 $277,272,571.02	
-7.5%
$277,272,571.02	
$277,272,571.02	 $277,272,571.02	
$256,462,826.30	
-7.5%
$256,462,826.30	
Forward-fit	
$309,635,879.66	
Forward-fit	
$309,635,879.66	 $309,827,641.90	
-0.1%
$309,827,641.90	
$309,827,641.90	 $309,827,641.90	
$309,635,879.66	
-0.1%
$309,635,879.66	
$566,098,705.96YTD
YTD $587,100,212.92$566,098,705.96 $587,100,212.92
$587,100,212.92
$587,100,212.92 $566,098,705.96
$566,098,705.96
-3.6%
-3.6%

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 $566 million in first-quarter 2016 sales, 54.7 percent came from forward-fit (avionics
equipment installed by airframe manufacturers during original production) sales. By contrast, the retrofit
(avionics equipment installed after original production) market amounted to 45.3 percent of first-quarter sales.
According to the companies that separated their total sales figures between North America (U.S. and
Canada) and other international markets, 64.9 percent of the first-quarter sales volume occurred in North
America (U.S. and Canada), while 35.1 percent took place in other international markets.
"It's disappointing that total worldwide sales are off to a slower start compared to the first three months a
year ago," said AEA President Paula Derks. "Sales in the forward-fit market were nearly identical to last year,
so the overall decline was mostly felt in the retrofit market."
More information about the AEA Avionics Market Report is available online at aea.net/marketreport. q

10

avionics news

*

august

2016


http://www.aea.net/marketreport

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

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Avionics News August 2016 - Intro
Avionics News August 2016 - Cover1
Avionics News August 2016 - Cover2
Avionics News August 2016 - No label
Avionics News August 2016 - 2
Avionics News August 2016 - 3
Avionics News August 2016 - 4
Avionics News August 2016 - 5
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Avionics News August 2016 - 71
Avionics News August 2016 - 72
Avionics News August 2016 - Cover3
Avionics News August 2016 - Cover4
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