AEA Reports Avionics Sales Over $1 Billion for First Half of 2021

Monday, August 16, 2021 at 01:59 PM ET

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To maintain confidentiality, AEA uses an independent third party to compile their Avionics Market Reports. About 55 percent of avionics sales through 2Q21 were from retrofits. Aircraft Electronics Association

Key Takeaways:

The Aircraft Electronics Association (AEA) reported over $1 billion in business and general aviation avionics sales for the first half of 2021, representing a 7.1% decrease compared to the first half of 2020, yet Q2 2021 sales increased by 2.1% year-over-year.
The market was primarily driven by retrofit sales (55%) and the U.S./Canada region (75.2%), with the industry facing supply chain issues and travel restrictions while maintaining optimism due to new products and resilient consumers.

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According to its second quarter 2021 Avionics Market Report, the Aircraft Electronics Association (AEA) says sales during the first half of 2021 exceeded $1 billion.