In-Flight Innovation: Electronic Flight Displays and Traffic Management Systems Driving a 9.5% CAGR in Avionics

The Avionics Market is estimated to grow to USD 81.8 billion by 2030, from USD 43.4 billion in 2023, at a CAGR of 9.5% from 2023 to 2030. North America is estimated to account for the largest share of the avionics market in 2023. The avionics market, a pivotal segment within the aerospace industry, refers to the integration of electronic systems in aircraft, encompassing navigation, communication,...