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The global aerospace industry is on an upward trajectory, currently valued at approximately USD 401 billion and expected to reach USD 726 billion by 2033, driven by a compound annual growth rate (CAGR) of 7.3%. Key growth sectors include commercial aircraft manufacturing, aerospace support, and narrow-body aircraft production.

The U.S., Europe, and Asia are major talent hubs, with countries like India, South Korea, Japan, and Singapore making significant strides in the sector. This expansion underscores the industry's vital role in the global economy and its increasing demand for skilled professionals.