AEA Reports More Than $1.7 Billion in Avionics Sales in 2021

Five quarters in a row of growth in the avionics market illustrate the recovery of general aviation following 2020.

Friday, November 12, 2021 at 01:16 PM ET

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New aircraft sales, including the Tecnam P2012 Traveller, have driven avionics sales in the forward-fit category. Stephen Yeates

Key Takeaways:

The latest AEA Avionics Market Report for Q3 2021 reveals a healthy and growing market for business and general aviation avionics, marking the fifth consecutive quarter of increasing sales.
Worldwide avionics sales for the first nine months of 2021 exceeded $1.7 billion, with retrofit installations making up a slightly larger portion (53.7%) than forward-fit equipment.
Sales increased by 5.4 percent over the first nine months of 2020 and 1.8 percent over Q2 2021, with about 75 percent of sales originating from the U.S. and Canada.
Despite the upward trend in sales amidst the pandemic, the industry continues to face challenges related to supply chain and workforce availability.

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Before the Aircraft Electronics Association debuted its first Avionics Market Report in 2012, the true scope of this market remained a bit of a mystery.

But anyone who has owned a general aviation aircraft—or operated one for business—understands the amount of change we’ve seen in the front office over the history of personal flying. And certainly over the past 10, 20, 30 years.