Aircraft Communication System Market to Hit $1.3 Billion by 2024: Industry Key Players Are Cobham, UTC Aerospace Systems, Lockheed Martin, L3 Technologies, Thales
Aircraft communication system market for Transponders segment is expected to cross USD 640 million over the forecast time span. This revenue generation can be credited to provision of accurate information of the air fleets including barometric altitude and identification. Additionally, benefits such as maintaining communication with on-ground ATC units has resulted in wide usage in commercial and military planes.
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