Avionics News December 2020 - 9

2020 Percentage of Total Sales by Market
Quarter
1Q 2020
2Q 2020
3Q 2020
YTD2020

Retrofit
52.3%
54.6%
57.1%
54.5%

Forward-fit
47.7%
45.4%
42.9%
45.5%

U.S./Canada
75.2%
73.9%
71.6%
73.7%

Other International
24.8%
26.1%
28.4%
26.3%

All dollar amounts noted are U.S. dollars. 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 AEA Avionics Market Report should not be considered a predictive indicator of future industry sales activity.
The circumstances discussed in the report may not occur in future time periods, and actual results could differ
materially as a result of known and unknown risk factors and uncertainties affecting the AEA Avionics Market Report
and the companies that participate in the report. No forward-looking statement can be guaranteed. Forward-looking
statements speak only as of the date on which they are made, and the Aircraft Electronics Association, along with the
participating companies in the AEA Avionics Market Report, undertake no obligation to publicly update or revise any
forward-looking statement, whether as a result of new information, future events or otherwise.
" The significant contraction of industry sales during the last six months has been driven by the international health
crisis, " said AEA President and CEO Mike Adamson. " However, we are encouraged with the direction of activity in the
retrofit market, which is up nearly 11% over second-quarter total sales. In addition, the overwhelming majority of AEA
member shops and manufacturers are continuing their essential operations, and many are reporting customer backlogs
that extend several weeks and into next year. "
To ensure confidentiality, the participating manufacturing companies submit their sales figures to an independent
third-party firm retained to produce the AEA Avionics Market Report. The companies currently participating in the
report include: ACR Artex; ALTO Aviation; Anodyne Electronics Manufacturing Corp.; Appareo; Aspen Avionics;
BendixKing; Blue Avionics; Collins Aerospace; FreeFlight Systems; Garmin; Genesys Aerosystems; Gogo Business
Aviation; Honeywell Business & General Aviation; Jupiter Avionics; L3Harris Technologies; Mid-Continent
Instruments and Avionics; PS Engineering; Sandia Aerospace; Shadin Avionics; Trig Avionics; and Universal Avionics,
an Elbit Systems Co.
More information about the AEA Avionics Market Report is available online at AEA.net/marketreport. q

avionics news

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http://AEA.net/marketreport

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
Avionics News December 2020 - 6
Avionics News December 2020 - 7
Avionics News December 2020 - 8
Avionics News December 2020 - 9
Avionics News December 2020 - 10
Avionics News December 2020 - 11
Avionics News December 2020 - 12
Avionics News December 2020 - 13
Avionics News December 2020 - 14
Avionics News December 2020 - 15
Avionics News December 2020 - 16
Avionics News December 2020 - 17
Avionics News December 2020 - 18
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Avionics News December 2020 - 20
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Avionics News December 2020 - Cover3
Avionics News December 2020 - Cover4
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