Avionics Market 2030: Challenges and Opportunities Ahead

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2025-09-16 05:47:31 -

The global avionics market was valued at USD 44.68 billion in 2023 and is anticipated to reach USD 85.29 billion by 2030, expanding at a compound annual growth rate (CAGR) of 9.7% between 2024 and 2030. The market growth is primarily driven by increasing demand for connected, cost-effective aircraft systems. The surge in both domestic and international air travel, especially in...

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