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Global $1600 Bn Aerospace & Defence Market Outlook to 2025: Boom in Commercial Aircrafts, Surge in Global Airline Traffic, Rise in Military Expenditure

The global aerospace and defence market is estimated to be valued at US$ 1600 billion in the year 2025, growing at a CAGR of 3.5% in the period 2019 to 2025.

Growth of the market is driven by factors such as the boom in commercial aircrafts segment, the surge in global airline traffic, and the rise in military expenditure.

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