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Supported by the application sector, global Aerospace and Defense Electronics market is projected to reach a value of US$248.2 billion by 2018, with a CAGR of 12.0%, during 2011-2018, according to Axis Research Mind

December 05, 2013 Bookmark and Share

Primarily supported by application sectors:- semiconductor capital equipment, test and measuring (T&M) instruments, automation systems and process control instrumentation -- the Industrial Electronics market to witness a value of US$321 billion by 2018. Geographical analysis shows the highest Compounded Annual Growth Rate (CAGR) of 17.0% is foreseen from Asia-Pacific region during the analysis period 2011-2018. In terms of CAGR, Europe closely tracks North America, with a rate of 15%. Among the sectors, semiconductor capital equipment accounts for nearly 32.2% of the overall market share followed by process control instrumentation at 22.8% holding the second position.

For more information please follow link:
Aerospace and Defense Electronics - Global Trends, Estimates and Forecasts, 2011-2018

Estimates are based on online surveys using customized questionnaires by our research team. Besides information from government databases, company websites, press releases & published research reports are also used for estimates.

The report covers the market analysis by application. please follow the link in detail - Aerospace and Defense Electronics - Global Trends, Estimates and Forecasts, 2011-2018

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