Avionics News July 2020 - 12

AEA
Avionics
Market Report

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

Total sales exceed $660 million in first three months of 2020

The Aircraft Electronics Association recently published its first-quarter 2020 Avionics Market Report.
In the first three months of the year, total worldwide business and general aviation avionics sales amounted to
$660,428,548.41, or more than $660 million as reported by the participating companies.
First three months of 2020 Worldwide Business & General Aviation Avionics Sales
Quarter
1Q 2020

Retrofit
$345,650,537.69

Forward-fit
$314,778,010.72

Total Sales
$660,428,548.41

The figure represented an 8.8% decrease in total sales compared to the first-quarter 2019 amount of $724,168,387.64, or more
than $724 million. It also ended a streak of 12 consecutive quarters with a reported increase in year-over-year sales. However,
this year's first-quarter sales showed a 3.2% increase compared to the same period two years ago in 2018, when sales were
$639,796,979, or more than $639 million.
First three months of worldwide business and general aviation avionics sales
Retrofit
Forward-fit

2019
$388,085,532.10
$336,082,855.54

2020
$345,650,537.69
$314,778,010.72

% Change
-10.9%
-6.3%

YTD

$724,168,387.64

$660,428,548.41

-8.8%

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 $660 million in first-quarter 2020 sales, 52.3% 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 47.7% 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, 75.2% of the first-quarter sales volume occurred in North America (U.S. and Canada), while 24.8% took place in
other international markets.
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

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Avionics News July 2020

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

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Avionics News July 2020 - Intro
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Avionics News July 2020 - Cover2
Avionics News July 2020 - 1
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Avionics News July 2020 - Cover3
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