The major participants operating in the European commercial flight management system market are Thales Group (France), Honeywell International Inc. (U.S.), General Electric Company (U.S.), Esterline Technologies Corporation (U.S.), Lufthansa Group (Germany), and Rockwell Collins (U.S.) among others.
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Thales Group (France) has held the largest market share in the commercial flight management system market in Europe. The company operates in various sectors such as defense & security, aerospace, DCNS, and transport segments. The company has significant shareholders that include the French government and Dassault Aviation. The company’s main business strategy includes expanding its business units by offering highly innovative FMS systems to address the diversified demands of potential customers.
Honeywell International Inc. (U.S.) occupied the second-largest market share in the commercial flight management system market in Europe. The company operates through varied segments, such as aerospace, automation and control solutions, performance materials and technologies, and transportation systems. Among them, the automation and control solution business segment is considered as a major revenue generator for the company. Honeywell has mainly focused on new product launch strategy to enrich its product offerings and enhance market share.
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General Electric, a manufacturer of commercial flight management system in Europe operates under varied business segments. The company’s aviation segment offers jet engines, turboprop and turbo shaft engines, aerospace systems, equipment for military and commercial aircraft, along with maintenance, component repair, and overhaul services. The company is mainly focused on partnerships and acquisitions, to strengthen its position in the Europe commercial flight management system market.
