Analysts forecast the Global Flight Management Systems market will grow at a CAGR of 4.04 percent over the period 2013-2018. One of the key factors contributing to this market growth is the increasing demand for aircraft in the APAC region. The Global Flight Management Systems market has also been witnessing an increase in the demand for low-maintenance avionics systems. However, the increase in raw material prices could pose a challenge to the growth of this market.
