Research Nester14 Mar, 2023News
Global aircraft control equipment market is expected to register a 7.1% CAGR over the forecast period. Moreover, the global aircraft control equipmentmarketwas valued at USD 11.9 Billion in 2016 and is expected to reach at notable revenue of USD 16.7 Billion by the end of 2024. The market is expected to expand on the back of a number of factors such as rising air traffic and increasing sales of aircrafts across the globe. Additionally, growing advancements in aircraft control equipment market to make aircraft flying more precise and reliable in air is predicted to augment the growth of global aircraft control equipment market.
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