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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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