Avionics News December 2020 - 8

AEA
Avionics
Market Report

AEA unveils
third-quarter 2020
Avionics Market Report
Published
by the

Total sales exceed $1.6 billion in first nine months of 2020

The Aircraft Electronics Association recently published its third-quarter 2020 Avionics Market Report.
In the first nine months of the year, total worldwide business and general aviation avionics sales amounted to
$1,670,804,856.73, or more than $1.6 billion as reported by the participating companies.
First nine months of 2020 worldwide business and general aviation avionics sales
Quarter
1Q 2020
2Q 2020
3Q 2020

Retrofit
$345,650,537.69
$267,757,102.73
$296,692,116.00

Forward-fit
$314,778,010.72
$222,952,080.59
$222,975,009.00

Total Sales
$660,428,548.41
$490,709,183.32
$519,667,125.00

YTD 2020

$910,099,756.42

$760,705,100.31

$1,670,804,856.73

The figure represented a 27% decrease in total sales compared to the first nine months of 2019. During the third-quarter
months of July, August and September, sales decreased 33.4% compared to the same time frame one year ago.
However, sales in the third quarter of 2020 were up 5.9% compared to the second quarter of this year, with retrofit sales
up 10.8% over the second quarter.
First nine months of worldwide business and general aviation avionics sales
Retrofit
Forward-fit

2019
$1,208,828,187.38
$1,078,873,395.67

2020
$910,099,756.42
$760,705,100.31

% Change
-24.7%
-29.5%

YTD

$2,287,701,583.05

$1,670,804,856.73

-27.0%

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 $1.6 billion in sales during the first nine months of 2020, 54.5% 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 45.5% of sales.
According to the companies that separated their total sales figures between North America (U.S. and Canada) and other
international markets, 73.7% of the year-to-date sales volume occurred in North America (U.S. and Canada), while 26.3% took
place in other international markets.

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Avionics News December 2020

Table of Contents for the Digital Edition of Avionics News December 2020

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Avionics News December 2020 - Intro
Avionics News December 2020 - No label
Avionics News December 2020 - Cover2
Avionics News December 2020 - 1
Avionics News December 2020 - 2
Avionics News December 2020 - 3
Avionics News December 2020 - 4
Avionics News December 2020 - 5
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Avionics News December 2020 - Cover3
Avionics News December 2020 - Cover4
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