The global avionics market size is projected to reach USD 75.81 billion by the end of 2027. The increasing product applications will provide the platform for growth for the companies operating in the market. The increasing investments in the research and development of efficient products will have a direct impact on the growth of the market in recent years.

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Avionics Market Size, Share, Growth | Industry Trends [2020-2027]
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Avionics Market Size, Share, Growth | Industry Trends [2020-2027]

The global avionics market size was valued at $48.00 Bn in 2019 & is projected to reach $75.81 Bn by 2027, exhibiting a CAGR of 9.25% during forecast period