Avionics News September 2020 - 12

AEA unveils second-quarter
2020 Avionics Market Report

Total sales exceed $1.1 billion in first six months of 2020
The Aircraft Electronics Association recently published its second-quarter 2020 Avionics Market Report.
In the first six months of the year, total worldwide business and general aviation avionics sales amounted to
$1,151,137,731.73, or more than $1.1 billion as reported by the participating companies.

First six months of 2019 worldwide business and general aviation avionics sales
Quarter
1Q 2020
2Q 2020

Retrofit
$345,650,537.69
$267,757,102.73

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

Total Sales
$660,428,548.41
$490,709,183.32

YTD 2020

$613,407,640.42

$537,730,091.31

$1,151,137,731.73

The figure represented a 23.6% decrease in total sales compared to the first six months of 2019. During the secondquarter months of April, May and June, sales decreased 37.3% compared to the same time frame one year ago.

First six months of worldwide business and general aviation avionics sales
2019
$794,339,576.10
$712,553,949.54

2020
$613,407,640.42
$537,730,091.31

$1,506,893,525.64

$1,151,137,731.73

Retrofit
Forward-fit
YTD

% Change
-22.8%
-24.5%
-23.6%

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 $1.1 billion in sales during the first half of 2020, 53.3% 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 46.7% of sales.
According to the companies that separated their total sales figures between North America (U.S. and Canada) and
other international markets, 74.6% of the year-to-date sales volume occurred in North America (U.S. and Canada),
while 25.4% took place in other international markets.

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Avionics News September 2020

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

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