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The aircraft components market is a crucial segment of the aviation industry, encompassing the production, maintenance, repair, and overhaul (MRO) of various aircraft parts. As of 2024, the global aircraft components market reached US$ 20.2 Billion, with projections to hit US$ 29.8 Billion by 2032, exhibiting a CAGR of 4.3% from 2024 to 2032. This growth is driven by increasing air travel, aging aircraft fleets, and stringent regulatory compliance aimed at extending aircraft lifespan.<br>
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