TechNavio’s analysts forecast the Global Commercial Aircrafts Avionics market to grow at a CAGR of 4.12 percent over the period 2012-2016. One of the key factors contributing to this market growth is the increasing demand for aircraft in the APAC region. The Global Commercial Aircrafts Avionics market has also been witnessing the increase in demand for low-maintenance avionics systems. However, the increase in raw material prices could pose a challenge to the growth of this market. TechNavio’s report, the Global Commercial Aircrafts Avionics Market 2012-2016, has been prepared based on an in-depth market analysis with inputs from industry experts. The …
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