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07 Jul 2017  |  Global  |  Market Research

Global Commercial Avionics Market, Forecast to 2030

Increase in Production Rates Brings Opportunities for Suppliers

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The commercial avionics market will undergo a significant transformation from ground-based to satellite-based system of air traffic control changing end-user requirements in terms of speed and bandwidth among other equipment specifications. Worth $12.74 billion in 2016, revenues are expected to reach $16.65 billion by 2030 at a compound annual grow...