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Europe Aviation Actuation System Market is Expected to Reach $1,686.72 Million in 2019 - New Report by MicroMarket Monitor
Date:7/30/2014

(PRWEB) July 30, 2014

The Europe commercial aviation actuation system market is estimated at $1,451.79 million in 2014, and it is expected to reach $1,686.72 million by 2019 at a CAGR of 3.05%. The commercial aircraft market offers an exclusive range of opportunities and challenges which will assume prominence in the years to come. Commercial aviation has seen slumps in the past, yet the sector has regained quickly, and the industry has reliably returned to its long-term growth rate of approximately 5 % per year. Despite uncertainties, 2013 passenger traffic rose to about 7 to 8 % above 2012 levels.

Browse through the TOC of the Europe Aviation actuator market report, to get an idea of the in-depth analysis provided. This also provides a glimpse of the segmentation in the North America security and surveillance radar market, and is supported by various tables and figures.
http://www.micromarketmonitor.com/market/europe-aviation-actuation-system-6591735859.html

The air traffic in this region is expected to increase; hence, aircraft programs will require significant up gradations. New aircraft programs are in the R&D phase in several companies in the Europe for the delivery of fuel-efficient, emission-free air crafts. Fuel is the largest component of aircraft’s cost structure. Lots of players are facing challenges on profit margin due to changes in fuel cost, which in turn faces airliners to have cost effective solutions. More efficient actuator systems will help in improving the efficiency and reliability.

Early buyers will receive 10% customization on this report.

Source: PRWeb
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