Avionics Market Regional Forecast and Analysis 2032
The global avionics market was valued at USD 91.32 billion in 2023 and is expected to expand from USD 99.33 billion in 2024 to USD 179.44 billion by 2032, reflecting a compound annual growth rate (CAGR) of 7.67% over the forecast period. In 2023, North America led the market, accounting for a 37.25% share.
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