Avionics News April 2014 - 10

AEA unveils 2013 year-end
Avionics Market Report
Overall growth in total sales 6.9 percent; forward-fit and retrofit sales reported for first time
amount is not a reflection of a downturn in sales. It is simply a
On Thursday, March 13, the Aircraft Electronics Association
correction of last year's sales total for the business and general
announced its 2013 year-end Avionics Market Report during the
aviation market only, and we do not expect any further adjustopening general session of the 57th annual AEA International
ments to future reporting."
Convention & Trade Show at the Gaylord Opryland Convention
As anticipated, the data in the 2013 year-end report was
Center in Nashville, Tenn.
expanded from the previous year's report. The participating
As part of its report, the AEA also announced it has narrowed
manufacturers not only reported their total sales amount, but
the dollar amount reported by the participating manufacturers to
they also reported the total sales generated in both the forwardonly include the business and general aviation markets, which
fit and retrofit markets for the first time.
resulted in the association adjusting its 2012 year-end sales figThe dollar amount reported (using
ure reported a year ago.
net sales price, not manufacturer's sugWith this adjustment, 2013 year-end
AEA
gested retail price) includes: all business
total worldwide business and general
Avionics
and general aviation aircraft electronic
aviation avionics sales amounted to
sales - including all component and acces$2,429,298,684.50, or more than $2.4
Market Report
sories in cockpit/cabin/software upgrades/
billion.
portables/noncertified aircraft electronics;
This compares to the adjusted amount
all hardware (tip to tail); batteries; and
of $2,229,317,197.54, or more than $2.2
chargeable product upgrades from the parbillion for 2012 year-end total sales.
Published
ticipating manufacturers. The amount does
The number of companies that parby the
not include repairs and overhauls, extended
ticipate in the report may change on a
warranty or subscription services.
quarterly, semiannual and/or annual basis,
History and Background Information:
and any comparative analysis of the data
The AEA first introduced its Avionics Market Report
should take this into consideration. Therefore, while the total
March 26, 2013, during the 56th annual AEA International
year-end sales indicate a 9 percent increase, when comparing
Convention & Trade Show in Las Vegas, Nev.
total sales reported by the same participating companies in
"Prior to 2012, there never had been an effort to capture the
2012 and 2013, the report shows sales growth of 6.9 percent.
true dollar size of the business and general aviation avionics
In addition, of the more than $2.4 billion in total sales
market," Derks said. "The concept to produce the AEA Avionics
reported for 2013, $1,315,035,458.50, or more than $1.3 bilMarket Report began in April 2012, when the AEA formed an
lion, came from forward-fit sales and accounted for 54 perad hoc committee comprised of representatives of avionics mancent of total sales.
ufacturers to create a tool for strategic planning and examining
Retrofit sales amounted to $1,114,263,226.00, or more
market share. This report provides valuable information to prothan $1.1 billion, comprising 46 percent of total sales.
mote our industry to investors and inform our elected officials of
"The association and the participating manufacturers agreed
the global economic value of the business and general aviation
that it was important to adjust the report to only reflect the
avionics industry."
amount of total avionics sales in the business and general
aviation markets," said Paula Derks, AEA president. "It was
The companies currently participating in the report
recently discovered that some of the participating manufacturinclude: Accord Technology, Aircell, Anodyne Electronics
ers inadvertently included sales from their military and air
Manufacturing Corp., Aspen Avionics, BendixKing, Cobham
transport markets when they reported 2012 year-end sales
(Mineral Wells), Cool City Avionics, FreeFlight Systems,
figures. However, the mission of the AEA Avionics Market
Garmin, Honeywell Business & General Aviation, ICG, Jupiter
Report is to exclusively measure the value of the avionics
Avionics, Latitude Technologies, L-3 Aviation Products,
industry for business and general aviation, both forward-fit and
Mid-Continent Instruments and Avionics, PS Engineering,
retrofit sales.
Rockwell Collins, Sandia Aerospace, Shadin Avionics, Trig
"It's also important to note that the 2012 year-end adjusted
Avionics and Universal Avionics Systems Corp. q

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Avionics News April 2014

Table of Contents for the Digital Edition of Avionics News April 2014

Point of Communication
AEA Now
The View From Washington
International News and Regulatory Updates
Beltway Briefing
Before & After
Avionics Business International
Member Profile
Wholesale Perspective
A Conversation With...
Member Profile
AEAviators
Marketing Report Card
What's Working
Business Basics
What's New
Marketplace Classifieds
Avionics News April 2014 - Intro
Avionics News April 2014 - Cover1
Avionics News April 2014 - Cover2
Avionics News April 2014 - 1
Avionics News April 2014 - 2
Avionics News April 2014 - 3
Avionics News April 2014 - Point of Communication
Avionics News April 2014 - 5
Avionics News April 2014 - AEA Now
Avionics News April 2014 - 7
Avionics News April 2014 - 8
Avionics News April 2014 - 9
Avionics News April 2014 - 10
Avionics News April 2014 - 11
Avionics News April 2014 - 12
Avionics News April 2014 - 13
Avionics News April 2014 - The View From Washington
Avionics News April 2014 - 15
Avionics News April 2014 - International News and Regulatory Updates
Avionics News April 2014 - 17
Avionics News April 2014 - 18
Avionics News April 2014 - 19
Avionics News April 2014 - Beltway Briefing
Avionics News April 2014 - Before & After
Avionics News April 2014 - Avionics Business International
Avionics News April 2014 - 23
Avionics News April 2014 - 24
Avionics News April 2014 - 25
Avionics News April 2014 - Member Profile
Avionics News April 2014 - 27
Avionics News April 2014 - 28
Avionics News April 2014 - 29
Avionics News April 2014 - Wholesale Perspective
Avionics News April 2014 - 31
Avionics News April 2014 - 32
Avionics News April 2014 - 33
Avionics News April 2014 - 34
Avionics News April 2014 - 35
Avionics News April 2014 - A Conversation With...
Avionics News April 2014 - 37
Avionics News April 2014 - Member Profile
Avionics News April 2014 - 39
Avionics News April 2014 - 40
Avionics News April 2014 - 41
Avionics News April 2014 - AEAviators
Avionics News April 2014 - 43
Avionics News April 2014 - Marketing Report Card
Avionics News April 2014 - 45
Avionics News April 2014 - 46
Avionics News April 2014 - 47
Avionics News April 2014 - 48
Avionics News April 2014 - 49
Avionics News April 2014 - What's Working
Avionics News April 2014 - 51
Avionics News April 2014 - 52
Avionics News April 2014 - 53
Avionics News April 2014 - 54
Avionics News April 2014 - 55
Avionics News April 2014 - Business Basics
Avionics News April 2014 - 57
Avionics News April 2014 - 58
Avionics News April 2014 - 59
Avionics News April 2014 - 60
Avionics News April 2014 - 61
Avionics News April 2014 - 62
Avionics News April 2014 - 63
Avionics News April 2014 - What's New
Avionics News April 2014 - 65
Avionics News April 2014 - 66
Avionics News April 2014 - 67
Avionics News April 2014 - 68
Avionics News April 2014 - 69
Avionics News April 2014 - Marketplace Classifieds
Avionics News April 2014 - 71
Avionics News April 2014 - 72
Avionics News April 2014 - Cover3
Avionics News April 2014 - Cover4
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