Thursday, March 17, 2011
Maybe aviation market is turning around
Posted by John McHale.
After this week I'm feeling very confident that the avionics market and the aviation market as a whole is definitely on the upward climb. We just wrapped up our 2011 Avionics & Defence Electronics Europe conference in Munich this afternoon with our attendance up 35 percent over last year.
The attendees were excited about the content on future air traffic management (ATM) systems such as Single European Sky ATM Research (SESAR) and the U.S. Next-Generation Air Transportation System (NextGen). They were also smiling about the fact that money is also starting to be spent to be spent on equipping avionics systems with future ATM technology such as Automatic Dependent Surveillance-Broadcast (ADS-B) systems.
A commercial avionics market report from Frost & Sullivan backed up the enthusiasm on the floor, but in a more conservative way. Diogenis Papiomytis, principal consultant with Frost, said that the avionics market will not recover till 2014, but it is on the upswing.
He said that technologically speaking navigation and communication equipment are the best investment bet from now till 2020.
We've found that our show attendance typically echoes market health as well as strong content and good marketing. So we're really looking forward to next year's event in Munich.
So were the attendees, as amany of them were looking to be part of the program for next year. If you are too then stay posted here as we will have a Call for Papers coming out the beginning of the summer.