According to "Aerospace Industry Forecast to 2013”, our latest research on the global aerospace market, growing air travel and wars around the world are driving the global aerospace industry. Civil aerospace segment is expected to grow at a faster pace than the defense segment. It is estimated that by the year 2027, the world’s airlines will take delivery of 29,400 civil airplanes with a total value of US$ 3.2 Trillion to keep pace with the growing demand for air travel.
The US represents the biggest aerospace market, with total sales estimated to have closed at US$ 204.4 Billion in 2008. The US is followed by EU, Canada and Japan. But in future, developing economies such as China, India, Mexico and Brazil are expected to emerge as huge marketplace for aerospace products.
The Chinese aerospace sector ranks among the world’s most dynamic sector due to the massive investment injected by the country. Chinese aerospace companies are fast showing their presence in global aerospace industry. It is anticipated that China will buy more than 3,700 airplanes by 2028 with a potential market value of US$ 390 Billion, thus becoming the most potential civil aerospace market.
Our report gives an extensive and objective analysis on the global aerospace market. It investigates both the past and current trends in the global aerospace market, and outlines the future trends shaping it. It comprehensively assesses the industry performance, both in civil and defense segment. Based on various market indicators, the report evaluates future outlook of the industry. The report can thus give valuable information to manufacturers/investors preparing to enter the aerospace market.
Our report also provides future perspective of the following countries
Developed Markets
§ US
§ Canada
§ Japan
§ UK
§ France
§ Germany
Emerging Markets
§ China
§ India
§ Mexico
§ Brazil
Profiling on Key Players
This section gives overview on the key players, including The Boeing Company, United Technologies Corporation, Lockheed Martin Corporation, Raytheon Company and BAE Systems plc, operating in the global aerospace market. It provides vital information, like business overview and financial information, of each company.
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