Commercial Avionics Systems Market

Commercial Avionics Systems Market

  • Submitted By: hawer
  • Date Submitted: 12/16/2015 12:46 AM
  • Category: Technology
  • Words: 2918
  • Page: 12

Transparency Market
Research
Increasing Expectation for Enhanced In-Flight Services
and Solutions has Boosted Commercial Avionics
Systems Market

Published Date
2015-11-24

97 Page Report

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Press Release

Led by North America, Global Commercial Avionics Systems
Market to reach US$29.28 bn by 2021

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Commercial Avionics Systems
Market

REPORT DESCRIPTION

Commercial Avionics Systems Market to Reach US$29.3 bn by 2021, Driven by
Increasing Need for Real-time Data
The global commercial avionics systems market stood at US$23.4 bn in 2014 and is expected to
reach US$29.3 bn by 2021. The growth of advanced commercial avionics systems in North
America is expected to help the global commercial avionics systems market expand at a 3.10%
CAGR during the period from 2015 to 2021.
Browse the full Commercial Avionics Systems Market report at:
http://www.transparencymarketresearch.com/commercial-avionics-systemsmarket.html
Avionics systems primarily are fitted in aircraft to streamline their operational functions. The
growing need to have real-time data in place to improve the operational efficiency of aircraft is
the primary factor boosting the global commercial avionics systems market. Growing
expectations of the passengers to avail enhanced in-flight entertainment services are expected
to boost the development of the global commercial avionics systems market in the coming few
years. Additionally, increased investment in advanced research and development technologies
and launch of enhanced commercial avionics systems and products is predicted to further propel
the global commercial avionics systems market.
Asia Pacific to Register Maximum Demand for Commercial Avionics Systems
The global commercial avionics systems market is...

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