NEW YORK, April 19, 2013 /PRNewswire/ -- Reportlinker.com announces that a new market research report is available in its catalogue:

Global Commercial Aerospace Avionics Market Analysis and Outlook 2013-2020

http://www.reportlinker.com/p01162251/Global-Commercial-Aerospace-Avionics-Market-Analysis-and-Outlook-2013-2020.html#utm_source=prnewswire&utm_medium=pr&utm_campaign=Aerospace_and_Defense

The global commercial aerospace avionics market is expected to reach $8.3 billion by 2020, with

a moderate CAGR of 3.9% during the forecast period. Despite the adverse economic conditions

that have prevailed, total industry sales grew during the last six years. In terms of dollar value,

communication network and navigation is the largest segment in the commercial avionics market,

followed by control systems, radar and surveillance, and display systems. North America holds

the largest share of revenue, followed by Europe.

Lucintel, a leading global management consulting and market research firm, has conducted acompetitive analysis on the different regional and industrial segments of the commercialaerospace avionics market and presents its findings in "Global Commercial AerospaceAvionics Market Analysis and Outlook 2013-2020." The industry is highly regulated, especiallyregarding the safety of its products. The result is that the industry has particularly high entrybarriers because of capital and regulatory requirements.

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Global Commercial Aerospace Avionics Market Analysis and Outlook 2013-2020