Avionics Market Trends, Growth, Forecast 2032

The Business Research Company’s Avionics Global Market Report 2023 is the most detailed report available on the market, including broad forecast periods and multiple geographies. The report covers the historic period – 2010-2021, and the forecast period – 2023-2032. The Avionics Global Market Report 2023 evaluates avionics market size, growth rate, drivers, trends, and major companies.

 

The report provides a global perspective by covering 60 geographies and focusing on major economies in each region – Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.

 

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The global avionics market size grew from $72.51 billion in 2022 to $78.46 billion in 2023 at a compound annual growth rate (CAGR) of 8.2%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The market size of the avionics is expected to grow to $99.87 billion in 2027 at a CAGR of 6.2%.

 

 

The avionics market segments in the report are:

1) By Platform: Commercial Aviation, Military Aviation, Business Jets, General Aviation, Helicopters

2) By Sub System: Flight Management and Control, Health Monitoring, Electrical and Emergency, Communication Navigation and Surveillance

3) By End User: Original Equipment Manufacturer (OEM), Aftermarket

 

 

Get More Information On The Avionics Market Report:

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The table of contents in TBRC’s avionics market report in

1. Executive Summary
2. Avionics Market Characteristics
3. Avionics Market Trends And Strategies
4. Avionics Forwarding Market -Macro Economic Scenario
5. Avionics Market Size and Growth

 

 

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26. Africa Avionics Market
27. Avionics Market Competitve LandScape And Company Profiles
28. Key Mergers And Acquistions in the Avonic Market
29. Avionics Market future Outlook and Potential Analysis
30. Appendix

 

 

 

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