Aviation avionics sales totaled $1.7 billion during first nine months of 2017

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During the first nine months of 2017, general aviation avionics sales reached more than $1.73 billion, according to the Aircraft Electronics Association’s third-quarter 2017 Avionics Market Report.

This is 4.1 percent higher than the same period last year.

Sales during the third quarter were $587.9 million, a 7.1 percent rise from 2016. This also is an increase from $566.1 million during the first quarter and $578.7 million during the second quarter.

During the first nine months, retrofit products accounted for $999.9 million in sales, a 28.3 percent increase from 2016, while forward-fit products accounted for $733 million in sales, a 17.1 decrease.

“I am hopeful that the retrofit market will remain healthy as we get closer and closer to the Jan. 1, 2020, deadline for aircraft to be equipped with ADS-B Out avionics in the U.S.,” Aircraft Electronics Association President Paula Derks said.

The majority of sales, 73.5 percent, were from the United States and Canada while the remainder was international sales.

Avionics products include component and accessories for the cockpit and cabin, software upgrades, portables, certified and noncertified aircraft electronics, hardware, batteries, and chargeable product upgrades.

Sales of subscription services, extended warranties and repairs and overhauls were not included in the sales figures.