Avionics Market Overview and Industry Scope 2025–2032
The global avionics market was valued at USD 91.32 billion in 2023 and is expected to grow from USD 99.33 billion in 2024 to USD 179.44 billion by 2032, registering a compound annual growth rate (CAGR) of 7.67% during the forecast period. In 2023, North America held the largest share of the market, accounting for 37.25%.
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