Total Sales Exceed $568 Million In First Three Months Of 2021

The Aircraft Electronics Association released its first-quarter 2021 Avionics Market Report.

In the first three months of the year, total worldwide business and general aviation avionics sales amounted to $568,810,353, or more than $568 million as reported by the participating companies.

First three months of 2021 worldwide business and general aviation avionics sales

The figure represented a 13.9% decrease in total sales compared to the first-quarter 2020 amount of $660,428,548.41, or more than $660 million. However, it also represented a nearly 1% increase in sales sequentially from the fourth quarter of 2020 and marked the third consecutive quarter of increasing sales. Forward-fit sales increased 18.7% over the fourth quarter of 2020.

First three months of worldwide business and general aviation avionics sales

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 $568 million in first-quarter 2021 sales, 53.7% 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 46.3% of first-quarter sales.

According to the companies that separated their total sales figures between North America (U.S. and Canada) and other international markets, 76% of the first-quarter sales volume occurred in North America (U.S. and Canada), while 24% took place in other international markets.

FMI: www.aea.net