Market Highlights:
According to the recent Market Study Report “Global Flight Navigation System Market” published by the Market Research Future; the market of Flight Navigation System is expected to grow at a CAGR of around 7% globally, during 2016-2021. The key factors driving the growth are increasing aircraft fleet, demand for avionics system with gen-next aircraft, demand for accurate flight navigation, capability of handling more air traffic, collision avoidance systems, gyroscopes, and integration of early warning radar.
Although there is widespread approval of the autopilot system, the high cost associated with it becomes a major challenge for the military aircraft.
According to the recent Market Study Report “Global Flight Navigation System Market” published by the Market Research Future; the market of Flight Navigation System is expected to grow at a CAGR of around 7% globally, during 2016-2021. The key factors driving the growth are increasing aircraft fleet, demand for avionics system with gen-next aircraft, demand for accurate flight navigation, capability of handling more air traffic, collision avoidance systems, gyroscopes, and integration of early warning radar.
Although there is widespread approval of the autopilot system, the high cost associated with it becomes a major challenge for the military aircraft.
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