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Europe Flight Management Systems Market is Expected to Reach $560 Million in 2028 - New Report by MicroMarket Monitor
Date:8/5/2014

efficiency in simpler terms. FMS manufacturers keep improving the technology to cope with the increased need for proper fuel management. As a result, there is a huge increase in investments to improve their operations in order to meet the needs of growing traffic to make air transportation safer and economically viable.

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This report also includes the market share, supply chain and value chain analyses, and market metrics such as drivers and restraints. In addition, it presents a competitive landscape and company profiles of key players in this market.

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North America Flight Management Systems Market
A flight management system (FMS) is the core of every aircraft today. Flight management systems control a majority of tasks that were performed manually earlier, such as navigation and managing flight plans. A flight management system has a navigation database which helps pilots by directing flights to their respective destinations.The flight management systems market is expected to grow slowly within the study period (2013-2018). The market currently is pegged at $959.40 million and is expected to grow to $1,008.6 million by 2018. The market is expected to grow at a CAGR of 3.00% during this period. Though slow-growing, this market will expand greatly in the long run.

This report provides an in-depth analysis of the North American flight management systems market. It also provides an insight into the regional trends to analyze the market share.The North American commercial aviation flight management systems market is segmented on the basis of aircraft types and geography. Aircraft types are categor
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