2018 Avionics Sales Reached a Record $2.7B

Worldwide business and general aviation avionics sales increased 17 percent year-over-year in 2018, reaching a record $2.7 billion, according to the Aircraft Electronics Association’s year-end Avionics Market Report. This total, which was up from $2.3 billion in 2017, includes some $1.5 billion in retrofit sales and more than $1.1 billion in forward-fit sales (avionics equipment…