AEA Reports 5.8% Increase In Avionics, Hardware Sales Over 2020
The Aircraft Electronics Association has released Avionics Market Report, a direct analysis on the state of the hardware, refurbishment, and avionic market. Overall, worldwide business and general aviation sales represented a 5.4% increase in total sales compared to the same time period in 2020, a 1.8% increase in sales sequentially from the second quarter of 2021. For the 5th consecutive quarter, sales worldwide have increased, illustrating the level of economic recovery as the industry struggles back up to its pre-virus standard. Holding true to the increased interest in business aviation, the majority of installations-counting all business and GA electronic sales, to include c