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EU Aerospace Industry Stands Strong in Post-Recession Environment

Jan 25, 2010

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In order to evaluate and examine the resilience and strength of EU aerospace industry in the testing times of recession, global research pioneer RNCOS has conceptually analyzed the industry potentials in its latest market research offering "Aerospace Industry Forecast to 2013". Our team of experts has studied the historical and current trends steering the aerospace market towards some solid developments. Leaving behind the aftereffects of global recession, almost all the European countries analyzed in the report have shown remarkable growth prospects.

As discussed in the report, key European markets, such as the UK and France, have been continuously receiving the support of strong domestic civil aviation segment and aircraft exports. This has transformed into concrete market developments in respective countries, and we forecast a solid future growth in these markets on the grounds of various critical factors analyzed thoroughly in the report.

Apart from the European Union, the Asia-Pacific region is also fast emerging as a global aerospace and MRO hub due to rapid surge in air passenger traffic and government support.  For example, India is anticipated to see its air passenger traffic growing at a phenomenal CAGR of 7% between FY 2009 and FY 2017, which is expected to result in an all-time soaring aircraft demand. Similarly, Chinese aviation market is growing at a rate above the world average. Over the next two decades, the air transportation passenger volume in China is projected to grow annually by around 9%, which will make China the second-largest aviation market after the US.
 
"Aerospace Industry Forecast to 2013" provides unmatched analysis and evaluation of global aerospace industry with a deep focus on industry's current and futuristic development prospects. The vigilant and result-oriented study of both civil aviation and defense segments endows clients with complete market intelligence on global as well as regional industry success factors. It also facilitates information on various industry roadblocks which may hamper the growth of the industry in coming years. Additionally, the report briefly studies the competitive landscape and provides unbiased SWOT analysis of key players in the aerospace industry worldwide.  

For more information visit: http://www.rncos.com/Report/IM176.htm


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