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The global research pioneer, RNCOS has conceptually analyzed global aerospace industry potentials and its future prospects in its latest research offering "Aerospace Industry Forecast to 2013". A careful analysis performed for all prominent countries exhibited a fast growing industry with substantial future growth potentials. Although the industry was slightly affected by the negative impacts of economic slowdown, an inevitable recovery is expected in 2010.

In our analysis, we have acknowledged several critical trends prevailing in the aerospace industry, influencing its current as well as future direction. The report reveals that being the world's third largest, the Canadian aerospace industry has competitive advantage over other regional aerospace industries - for example, production cost in Canada is 7.1% lower than the US. This is prompting various global aerospace majors to increasingly establish their production facilities in the country, thereby presenting better growth outlook for the industry.
 
The report further acknowledged that apart from Canada, several Asian countries are also exhibiting encouraging industry developments. Countries like China, India, Japan, etc. are experiencing tremendous growth in passenger traffic and consequently, the demand of civil aircrafts is amplifying. For example, China organized an "Aerospace Trade Show" in November 2008 to promote its growing aviation and aerospace industry. Roughly US$ 4 Billion deals involving 102 aircrafts were signed during the six-day event which was attended by representatives of 600 aviation companies from 35 countries.

However, there still exist some roadblocks which can hinder the smooth growth trajectory of global aerospace industry. Factors such as inefficiency in managing complexity, high production costs, obsolescence management, etc. must be addressed as soon as possible so that the industry can achieve uninterrupted dynamic growth records as projected.

Our report "Aerospace Industry Forecast to 2013" is an outcome of extensive research and profound analysis of aerospace industry at global as well as regional levels. It facilitates both the past and current trends in the aerospace market and outlines future trends to give cutting edge market intelligence. The report has briefly studied the competitive landscape and provides unbiased SWOT analysis of key players.
 
For more information visit: http://www.rncos.com/Report/IM176.htm