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 Aircraft Electronics Association's Q3 2021 Avionics Market Report indicates a healthy and growing market for business and general aviation avionics.
Worldwide sales exceeded $1.7 billion in the first nine months of 2021, representing a 5.4 percent increase over the same period in 2020.
This marks the fifth consecutive quarter of increasing sales, with retrofit installations accounting for 53.7 percent of the total market dollars.
Despite the robust sales figures, 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.