Flight Navigation System Market
The market for Flight Navigation System was estimated at $23.4 billion in 2024; it is anticipated to increase to $40.6 billion by 2030, with projections indicating growth to around $64.3 billion by 2035.
Global Flight Navigation System Market Outlook
Revenue, 2024
Forecast, 2034
CAGR, 2025 - 2034
The Flight Navigation System industry revenue is expected to be around $25.7 billion in 2025 and expected to showcase growth with 9.6% CAGR between 2025 and 2034. The revolutionary capabilities of these state of the art systems are powered by the progression of technology that has established them as vital components in aircraft across the globe. This shift towards navigation technologies is fundamentally altering the way airlines manage operations and interact with pilots and air traffic control authorities while creating various opportunities, within the aviation industry ecosystem.
The systems used for navigating flights are collections of advanced parts that help with accurate monitoring and control of airplanes in real time. These systems combine functions, like GPS navigation, flight management tools, autopilot capabilities and collision avoidance mechanisms all aimed at improving safety and effectiveness.
Market Key Insights
- The Flight Navigation System market is projected to grow from $23.4 billion in 2024 to $58.6 billion in 2034. This represents a CAGR of 9.6%, reflecting rising demand across Air Traffic Control, Aviation Charting and Mapping and Search and Rescue Missions.
- Honeywell International Inc, Garmin Ltd, Thales Group are among the leading players in this market, shaping its competitive landscape.
- U.S. and UK are the top markets within the Flight Navigation System market and are expected to observe the growth CAGR of 7.0% to 10.1% between 2024 and 2030.
- Emerging markets including Indonesia, UAE and Brazil are expected to observe highest growth with CAGR ranging between 9.2% to 12.0%.
- Transition like Transition to Autonomy is expected to add $1 billion to the Flight Navigation System market growth by 2030.
- The Flight Navigation System market is set to add $35.2 billion between 2024 and 2034, with manufacturer targeting Military & undefined End User projected to gain a larger market share.
- With Increasing demand for accurate flight navigation, and Adoption of autonomous flight systems, Flight Navigation System market to expand 150% between 2024 and 2034.