Over $120 Billion In Avionics Retrofits By 2024

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The total commercial avionics market will reach $29.3 billion by 2021 and $31.7 billion by 2024, up from $25.3 billion in 2016, according to Transparency Market Research.

One reason for strong growth is advancing technologies, such as glass cockpits, and intense demand for real-time data analytics, especially in North America and Europe.

Collected and summarized from the source below by Ta Ngoc Diep:

http://www.mro-network.com/maintenance-repair-overhaul/over-120-billion-avionics-retrofits-2024