China civil avionics market is expected to exceed one trillion yuan in the next 20 years. According to the prediction of COMAC, based on global economic growth of 2.8%, the global Revenue Passenger Kilometers (RPK) will increase at an average annual rate of 4.4% over the next 20 years. Delivery of each class passenger jets will reach 43,013, valued at about $5,787.7 billion. About 5,255 turbofan regional aircraft will be delivered, worth more than $242.3 billion; 28,718 single-aisle jet aircraft will be delivered, worth $2.83 trillion; 9,040 double-aisle jet aircraft will be delivered, worth about $2.72 trillion. Chinese airlines will receive 8,575 new planes, with a market value of about $1,210.4 billion. If avionics systems account for 15% of the total value of civil aircraft, the China civil avionics market will reach about us $181.6 billion (1.23 trillion yuan) in the next 20 years.
In recent years, China continues to promote large aircraft major projects and vigorously pushes the development of domestic civil aircraft avionics system industry. In the future, with vast civil aircraft avionics market, domestic avionics related enterprises are facing unprecedented development opportunities.
Under this background, the 9th Civil Avionics International Forum 2020 (held in conjunction with 3rd Annual Airborne Software And Electronic Hardware Sub-Forum) will be held in Shanghai on 7th-8th, July.
Deputy General Manager at AVIC TAIYUAN AERO-INSTRUMENTS CO., LTD.
CATIA System Engineer Business Experience Consultant at DASSAULT SYSTEMS
Deputy General Manager at AVICAS GENERIC TECHNOLOGY CO., LTD
Deputy Chief Engineer at CETC Avionics Co., Ltd.
Deputy Director, Airborne Network Laboratory Researcher Fellow of XI’AN AERONAUTICAL COMPUTING TECHNIQUE RESEARCH INSTITUTE, AVIC
Director, Avionics Design Office Senior Engineer of Aircraft Design and Research Institute, AVIC HARBIN AIRCRAFT INDUSTRY CROUP CO., LTD
Chief Engineer at AVIC SHANGHAI AVIATION ELECTRIC CO., LTD.
Avionics Technician at Aircraft Design and Research Institute, AVIC HARBIN AIRCRAFT INDUSTRY CROUP CO., LTD
Shanghai Marriott Hotel Hongqiao
For additional event or venue information, please send an email to firstname.lastname@example.org