Avionics News January 2023 - 11

AEA
2022 Percentage of Total Sales by Market
Quarter
1Q 2022
2Q 2022
3Q 2022
YTD2022
Retrofit
44.2%
47.3%
45.0%
45.5%
Forward-fit
55.8%
52.7%
55.0%
54.5%
U.S./Canada
72.7%
74.5%
73.8%
73.7%
Other International
27.3%
25.5%
26.2%
26.3%
All dollar amounts noted are U.S. dollars. The number of companies that participate in the AEA Avionics Market Report may
change on a quarterly and/or annual basis. This may occur due to mergers and acquisitions during the year along with new companies
participating in the reporting process. Any comparative analysis of the data should take this variance into consideration.
The AEA Avionics Market Report should not be considered a predictive indicator of future industry sales activity. The
circumstances discussed in the report may not occur in future time periods, and actual results could differ materially as a
result of known and unknown risk factors and uncertainties affecting the AEA Avionics Market Report and the companies
that participate in the report. No forward-looking statement can be guaranteed. Forward-looking statements speak only as
of the date on which they are made, and the Aircraft Electronics Association, along with the participating companies in the
AEA Avionics Market Report, undertake no obligation to publicly update or revise any forward-looking statement, whether
as a result of new information, future events or otherwise.
" While year-over-year avionics sales in the retrofit market are nearly flat, the overwhelming majority of the total sales
growth is taking place in the forward-fit market, " said AEA President and CEO Mike Adamson. " Avionics installed in newly
manufactured aircraft were valued at more than $400 million this quarter for the first time in our report's history, and our
industry is seeing a healthy demand for brand-new general aviation aircraft. "
To ensure confidentiality, the participating manufacturing companies submit their sales figures to an independent thirdparty
firm retained to produce the AEA Avionics Market Report. The companies currently participating in the report include:
* ACR Artex
* ALTO Aviation
* Anodyne Electronics Manufacturing Corp.
* Appareo
* Aspen Avionics
* BendixKing
* Blue Avionics
* Collins Aerospace
* FreeFlight Systems
* Garmin
* Genesys Aerosystems
* Gogo Business Aviation
* Honeywell Business & General Aviation
* Jupiter Avionics
* L3Harris Technologies
* Mid-Continent Instruments and Avionics
* Nighthawk Flight Systems Inc.
* PS Engineering
* Sandia Aerospace
* Shadin Avionics
* Trig Avionics
* Universal Avionics, an Elbit Systems Co.
AEA
Avionics
Market Report
Published
by the
More information about the AEA Avionics Market Report is available at aea.net/marketreport. q
avionics news * january 2023 11
NOW
http://aea.net/marketreport

Avionics News January 2023

Table of Contents for the Digital Edition of Avionics News January 2023

Avionics News January 2023 - Intro
Avionics News January 2023 - Cover1
Avionics News January 2023 - Cover2
Avionics News January 2023 - 1
Avionics News January 2023 - 2
Avionics News January 2023 - 3
Avionics News January 2023 - 4
Avionics News January 2023 - 5
Avionics News January 2023 - 6
Avionics News January 2023 - 7
Avionics News January 2023 - 8
Avionics News January 2023 - 9
Avionics News January 2023 - 10
Avionics News January 2023 - 11
Avionics News January 2023 - 12
Avionics News January 2023 - 13
Avionics News January 2023 - 14
Avionics News January 2023 - 15
Avionics News January 2023 - 16
Avionics News January 2023 - 17
Avionics News January 2023 - 18
Avionics News January 2023 - 19
Avionics News January 2023 - 20
Avionics News January 2023 - 21
Avionics News January 2023 - 22
Avionics News January 2023 - 23
Avionics News January 2023 - 24
Avionics News January 2023 - 25
Avionics News January 2023 - 26
Avionics News January 2023 - 27
Avionics News January 2023 - 28
Avionics News January 2023 - 29
Avionics News January 2023 - 30
Avionics News January 2023 - 31
Avionics News January 2023 - 32
Avionics News January 2023 - 33
Avionics News January 2023 - 34
Avionics News January 2023 - 35
Avionics News January 2023 - 36
Avionics News January 2023 - 37
Avionics News January 2023 - 38
Avionics News January 2023 - 39
Avionics News January 2023 - 40
Avionics News January 2023 - 41
Avionics News January 2023 - 42
Avionics News January 2023 - 43
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Avionics News January 2023 - 45
Avionics News January 2023 - 46
Avionics News January 2023 - 47
Avionics News January 2023 - 48
Avionics News January 2023 - 49
Avionics News January 2023 - 50
Avionics News January 2023 - 51
Avionics News January 2023 - 52
Avionics News January 2023 - 53
Avionics News January 2023 - 54
Avionics News January 2023 - 55
Avionics News January 2023 - 56
Avionics News January 2023 - 57
Avionics News January 2023 - 58
Avionics News January 2023 - 59
Avionics News January 2023 - 60
Avionics News January 2023 - 61
Avionics News January 2023 - 62
Avionics News January 2023 - 63
Avionics News January 2023 - 64
Avionics News January 2023 - Cover3
Avionics News January 2023 - Cover4
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