The Aircraft Electronics Association has released its second-quarter 2014 Avionics Market Report.

In the three-month period April-June 2014, total worldwide business and general aviation avionics sales amounted to more than $652m. This represents a 2.7 percent increase over the second-quarter 2013 when sales of just over $635m were reported by the participating companies.

The amount of sales also marked a slight uptick in total sales from the first three months of the year, as first-quarter sales amounted to just over $651m.

Combined with the first-quarter sales figures, total worldwide sales now exceed $1.3bn through the first six months of the year, a 6.8 percent increase when compared to the first six months of 2013.

The dollar amount reported (using net sales price, not manufacturer's suggested retail price) includes: all business and general aviation aircraft electronic sales - including all component and accessories in cockpit/cabin/software upgrades/portables/noncertified aircraft electronics; all hardware (tip to tail); batteries; and chargeable product upgrades from the participating manufacturers. The amount does not include repairs and overhauls, extended warranty or subscription services.

Of the more than $652m in total sales in the second quarter, more than $333m came from forward-fit (avionics equipment installed by airframe manufacturers during original production) sales and comprised 51.2 percent of total sales. Retrofit (avionics equipment installed after original production) sales amounted to over $318m, comprising 48.8 percent of total sales.

According to the companies that separated their total sales figures between North America (U.S. and Canada) and other international markets, 62.7 percent of the sales volume occurred in North America (U.S. and Canada), while 37.3 percent took place in other international markets.

"It will be interesting to observe total sales figures in the years ahead, particularly as we get closer to the 2020 ADS-B Out mandate in the U.S. and the fact that several avionics manufacturers recently introduced new ADS-B solutions for the business and general aviation marketplace," said Paula Derks, AEA president.