Aviation Software Market Size and Key Players and Analysis
The global aviation software market size was projected to surpass around USD 10.72 billion by 2033 from USD 21.55 billion in 2023, expanding at a solid CAGR of 7.23% between 2023 and 2033. The key players operating in the aviation software market are Airbus SE, Bigscal Technologies Pvt. Ltd, CHAMP Cargosystems, General Electric Company, Honeywell International Inc., IFS, Indra Avitech GmbH, Leonardo S.p.A., Ramco Systems Limited, RTX Corporation, SITA, Veryon, Thales Group, The Boeing Company, and Others.
Market Report Coverage
| Report Coverage |
Details |
| Market Size by 2033 |
USD 21.55 Billion |
| Market Size in 2023 |
USD 10.72 Billion |
| Market Growth Rate from 2023 to 2033 |
CAGR of 7.23% |
| Largest Market |
North America |
| Base Year |
2023 |
| Forecast Period |
2023 to 2033 |
| Segments Covered |
Software Type, Application, Application and Regions |
| Regions Covered |
North America, Europe, Asia-Pacific, Latin America and Middle East, & Africa |
Aviation Software Market Key Players
- Airbus SE
- Bigscal Technologies Pvt. Ltd.
- CHAMP Cargosystems
- General Electric Company
- Honeywell International Inc.
- IFS
- Indra Avitech GmbH
- Leonardo S.p.A.
- Ramco Systems Limited
- RTX Corporation
- SITA
- Veryon
- Thales Group
- The Boeing Company
Recent Developments
- In August 2024, Surf Air Mobility introduced Surf Air Technologies, a subsidiary that provides solutions for hybrid and electric aircraft. The company and Palantir Technologies will work together to create software tools for new aircraft manufacturers and operators.
- In June 2024, the University of Michigan unveiled the Future Aircraft Sizing Tool (FAST). It is MATLAB-based software suitable for the design and analysis of electrified and conventional aircraft.
Latest Announcements by Leaders
- In January 2024, Airbus Helicopters announced that it is collaborating with the Tata Group to establish a Final Assembly Line (FAL) for helicopters in the country. The FAL will create Airbus’ best-selling H125 helicopter from its civil range for India and export to some of the neighboring countries.
- In October 2024, Saudia Arabia's new airline just announced a major Airbus order in the latest blow for Boeing. The order from the airline, which is set to start flying next year, comes after months of speculation as to which planemaker the Saudis would choose for its narrowbody jets.
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