RFID Revolution: Technology Trends Propel Global Aviation Market to New Horizons
DUBLIN, Sept. 25, 2023 /PRNewswire/ -- The "Global Aviation Market 2023-2027" report has been added to ResearchAndMarkets.com's offering.
This report delivers essential insights for key stakeholders aiming to maintain competitiveness. This data-rich analysis provides an in-depth exploration of prevailing trends, dynamic growth drivers, and unique challenges within the industry. It is informed by insights from 25 leading vendors in the aviation sector.
Key Highlights of the Report:
The aviation market is forecasted to experience substantial growth, with a projected increase of USD 438.72 billion during the period from 2022 to 2027. This growth is expected to accelerate at a CAGR (Compound Annual Growth Rate) of 6.2% during the forecast period.
The report segments the aviation market into various categories, including:
Prime Market Drivers:
The study identifies the shift toward radio-frequency identification (RFID) as a primary driver influencing aviation market growth in the coming years. Additionally, increasing demand for air transportation and the growing need for business jets are expected to drive significant market demand.
The report covers key players in the aviation market, including Airbus SE, BAE Systems Plc, Bombardier Inc., DAHER, Dassault Aviation SA, Embraer SA, General Dynamics Corp., General Electric Co., Leonardo Spa, Lockheed Martin Corp., Northrop Grumman Systems Corp., Pilatus Aircraft Ltd., Raytheon Technologies Corp., Rolls Royce Holdings Plc, Saab AB, Safran SA, Textron Inc., Thales Group, The Boeing Co., and United Aircraft Corp.
The report on the aviation market includes the following areas:
The aviation industry is continually evolving, and this report provides the necessary insights and analysis to stay informed and competitive in this dynamic sector.
For more information about this report visit https://www.researchandmarkets.com/r/l4uixu
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