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Avionics Market Growth Fueled by Digital Transformation and Next-Gen Technologies
Feb 11th, 2025 · Comments Off on Avionics Market Growth Fueled by Digital Transformation and Next-Gen Technologies
Overview of the Avionics Market
The global avionics market is experiencing remarkable growth, projected to expand from USD 43.4 billion in 2023 to USD 81.8 billion by 2030, with a CAGR of 9.5%. This surge is primarily driven by technological advancements, rising demand for modernized aircraft systems, and regulatory mandates for safety and efficiency.
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