Aircraft Electronics Association - Sales of upgraded avionics hit an all-time high last year and boosted overall avionics sales, reversing two straight years of declines, according to the latest data from the Aircraft Electronics Association. However, since 2016, avionics sales have declined by nearly $160 million. (Photo: Duncan Aviation)
Avionics sales rose 2.9 percent to $2.33 billion last year, reversing two straight years of declines, according to the latest data from the Aircraft Electronics Association. This year-over-year increase was driven only by a 20.1 percent increase in avionics retrofit sales, offset by lower prior sales.
Aircraft Electronics Association
Of last year's sales, 42.3 percent, or $984 million, came from advance sales, the lowest dollar amount in the category in five years. Overall, pre-owned sales fell nearly $160 million a year in 2017. In contrast, the aftermarket saw its fifth consecutive increase as a percentage of total sales - up to 57.7 percent - an all-time high, with sales of more than $1.3 billion last year. Almost three-quarters of the sales volume in 2017 was in North America (US and Canada), while 26.5 percent took place in other international markets, AEA said.
Aerobatic Aircraft At Maxcraft
AEA data covers all commercial and general aviation electronics sales, including cockpit/cabin components and accessories/software upgrades/laptops/certified and non-certified avionics; hardware from head to toe; battery; and paid product updates from participating manufacturers. The amounts do not include repairs and overhauls, extended warranty or service subscriptions.
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