Avionics work accounts for a small but significant part of sales for MRO providers, which are tasked with testing and repairing equipment as well as installing upgrades. Demand for avionics upgrades is expected to grow at a slightly faster pace than the overall aircraft modifications market over the next 10 years, according to ICF International. The market intelligence company estimates that the avionics upgrade market will be worth $1.1 billion by 2025, up from around $600 million ...
