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North America Aviation Actuation System Market is Expected to Reach $1781.02 million in 2019 - New Report by MicroMarket Monitor
Date:7/30/2014

(PRWEB) July 30, 2014

The North America aviation actuator market is expected to reach $ 1781.02 million by 2019. North America is expected to be the fastest growing region in the commercial aviation actuation market at a CAGR of 5.60%.

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 been 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 North America 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/north-america-aviation-actuation-system-8642486152.html

North America is developing its airlines in respect to modern standards, and is more focused on the renewal of its fleet. North-American Airlines has announced that they will invest in the redesigning and refreshing of the company’s international wide-body aircraft. The actuator market has huge potential in North America because of several new programs from this region. The delivery schedule of Boeing aircraft is expected to increase in the forecast period. The passenger traffic is also expected to grow at a rate of 5% annually for another 20 years.


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