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Avionics market for military to grow by nearly 5% to 2030, analysis predicts

October 03, 2022

AMSTERDAM. The military avionics industry is projected to register a combined annual growth rate (CAGR) of 4.99% between 2022 and 2030, with mission systems anticipated to account for one of the largest shares of expenditure globally, according to a new market study from Market Forecast, "Military Avionics -- Market and Technology Forecast to 2030."