Avionics News June 2018 - 8

AEA
Avionics
Market Report

Worldwide business and
general aviation avionics
sales up 13 percent in first quarter
Published
by the

Total sales exceed $639 million in first three months of 2018

The Aircraft Electronics Association recently released its first-quarter 2018 Avionics Market Report.
In the first three months of the year, total worldwide business and general aviation avionics sales amounted to
$639,796,979 or more than $639 million as reported by the participating companies.

First three months of 2018 worldwide business and general aviation avionics sales
Quarter
1Q 2018

Retrofit
$363,700,344.00

Forward-fit
$276,096,635.00

Total Sales
$639,796,979.00

The figure represented a 13 percent increase in total sales compared to the first-quarter 2017 amount of
$566,179,780.61, or more than $566 million.

First three months of worldwide business and general aviation avionics sales
2017
$322,894,119.55
$243,285,661.06
$566,179,780.61

Retrofit
Forward-fit
YTD

2018
$363,700,344.00
$276,096,635.00
$639,796,979.00

% Change
12.6%
13.5%
13.00%

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 $639 million in first-quarter 2018 sales, 56.8 percent came from the retrofit market (avionics
equipment installed after original production), while forward-fit sales (avionics equipment installed by airframe
manufacturers during original production) amounted to 43.2 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, 76.1 percent of the first-quarter sales volume occurred in North America (U.S. and
Canada), while 23.9 percent took place in other international markets.

2018 Percentage of Total Sales by Market
Quarter
1Q 2018

Retrofit
56.8%

Forward-fit
43.2%

U.S./Canada
76.1%

Other International
23.9%

"The report shows that industry saw a significant increase in sales in both the retrofit and forward-fit markets to
begin the year, a positive indicator for the overall health of the industry," said AEA President Paula Derks. "This firstquarter report also comes on the heels of the 2017 year-end report that showed the retrofit market up 20 percent in sales
from the previous year. It appears that avionics sales growth has continued into the first three months of 2018."
More information about the AEA Avionics Market Report is available at aea.net/marketreport. q

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june

2018
http://www.aea.net/marketreport
Table of Contents for the Digital Edition of Avionics News June 2018
