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The aerospace fluid conveyance systems, a sizeable market, could not escape from such trends and witnessed a colossal decline (-36% in 2020) amid the pandemic. However, as the buoyant aerospace industry gradually heads towards the path of healing, a similar impact is likely to be felt in the aerospace fluid conveyance systems market, which is likely to recoup from 2021 onwards, marking a healthy CAGR of 9.4 % during 2022-2027 to reach US$ 5.1 Billion by 2027.
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