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Bookmark and Share Aerospace-Defense Electronics Market

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The aerospace and defense market is expected to reach US$248.2 billion by 2018 primarily supported by the application sectors engineering / aeronautics (body), inflight entertainment, avionics and engine. Globally, avionics and engine together account for approximately 39% of the market are expected to support the aerospace and defense electronics industry going forward. Geographical analysis shows that the highest Compounded Annual Growth Rate (CAGR) of 14.2% is anticipated from Asia-Pacific region during the analysis period, 2011-2018.

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