[Avionics Today 08-04-2015] The Aircraft Electronics Association (AEA) has released second-quarter 2015 Avionics Market Report, which finds that in the first six months of the year, total worldwide business and General Aviation (GA) avionics sales amounted to more than $1.1 billion as reported by the participating companies. Sales during the second-quarter months of April, May and June rose 3.1 percent compared to the first three months of the year; however, the report indicated an 8.5 percent decrease in year-over-year sales compared to the first six months of 2014.
According to the companies that separated their total sales figures between North America (U.S. and Canada) and other international markets, 64.5 percent of sales in the first six months occurred in North America, while 35.5 percent took place in other international markets.
"While there was a general improvement of 3.1 percent in the second quarter when compared to the first three months of the year, a decrease in year-over-year sales may indicate that the industry is facing some economic challenges," said AEA President Paula Derks. "The report also shows that a significant portion of the year-over-year decline in sales dollars is taking place in international markets outside the U.S. and Canada, and perhaps the strength of the U.S. dollar is having an impact on sales in those regions. This is certainly an area of the report to pay close attention to in the coming quarters."