FMI Projection Affirms Global Avionics Market Size to Surge Past USD 117.0 Billion Mark by 2034, Growing with a CAGR of 7.9%

The avionics market is expected to witness significant growth in the coming years. It is projected to reach USD 54.9 Billion by 2024 and USD 117.0 Billion by 2034. The experts at Future Market Insights anticipate a steady growth trajectory during this period at a CAGR of 7.9%. This growth is attributed to increased demand for commercial aircraft, particularly in emerging economies, …

Global Avionics Market Projected to Exceed USD 117.0 Billion Valuation by 2034 with CAGR of 7.9%, Driven by Increasing demand for commercial aircraft | FMI Analysis

The avionics market is expected to witness significant growth in the coming years. It is projected to reach USD 54.9 Billion by 2024 and USD 117.0 Billion by 2034. The experts at Future Market Insights anticipate a steady growth trajectory during this period at a CAGR of 7.9%. This growth is attributed to increased demand for commercial aircraft, particularly in emerging economies, …