The Aircraft Electronics Association (AEA) closed the books on 2020’s numbers and, while they’re not good, they’re actually a little better than feared. With total sales of more than $2.2 billion through 2020, the avionics sector, including new installations and retrofits, was down some 26 percent from 2019, which was a record year, posting more than $3 billion in sales. In the last quarter of 2020 alone, avionics sales were off by 28 percent compared to the previous year. Don’t forget that the avionics industry was buoyed in the latter part of 2019 by the push for ADS-B compliance.
This is a companion discussion topic for the original entry at https://www.avweb.com/aviation-news/avionics-down-for-2020-but-showing-signs-of-recovery