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Europe Aviation Test Equipment Market is Expected to Reach $1.78 Billion in 2020 - New Report by MicroMarket Monitor
Date:8/4/2014

(PRWEB) August 04, 2014

The Europe aviation test equipment market is expected to reach a value of $1.78 billion by 2020 from $1.44 billion in 2014, at a CAGR of 3.6% from the year 2014 to 2020. Test dealers in the test equipment market are continually confronted by the growing demand for advanced avionics systems. The attempt to align legacy systems with upcoming technology in the line-replaceable units (LRU) space is driving the market.

Browse through the TOC of the Europe aviation test equipment market report to get an idea of the in-depth analysis provided. It also provides a glimpse of the segmentation in the market, and is supported by various tables and figures.
http://www.micromarketmonitor.com/market/europe-aviation-test-equipment-2334250906.html

With increased budget cuts and program delays, the military is increasingly focusing on upgrading and extending the life of its existing aircraft, which is driving the test equipment market with better precision and accuracy.

New regulation standards are incipient, such as Future Airborne Capability Environment (FACE) Consortium, incorporating around 40 avionics manufacturers and military organizations, among others, to enrich the quality of products used in commercial and military avionics. This is paving the way for next-generation avionics test equipment.

Early buyers will receive 10% customization on this report.
http://www.micromarketmonitor.com/contact/2334250906-request_for_customization.html

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