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Report DescriptionAvionics systems are electronics that are fitted in an aircraft for streamlining its operational functions. The growth in global air traffic owing to the increasing business and leisure in various countries across the globe is positively influencing the market for commercial avionics systems in the aviation industry. The global market for commercial avionics systems is chiefly driven by increasing need for real time data to improve aircrafts operational efficiency. Additionally, the increasing expectation of the air passengers for enhanced in-flight services and solutions has boosted the demand for in-flight entertainment (IFE), which in turn is pushing the market for commercial avionics systems forward. Owing to these factors, the market for commercial avionics systems is growing at a significant pace globally. Major avionics initiatives ongoing in the U.S. and European nations are expected to further boost the market during the forecast period and offer new opportunities for the avionics suppliers.
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