Industry Analysis & Industry Trends
The Aircraft, Engine and Parts Manufacturing industry has had its ups and downs over the five years to 2014. During the recession, industry revenue fell as collapsing demand for air travel led to fewer purchases of industry products from airliners. However, persistent demand for military-related products helped reduce the depth of this decline. In addition, as the economy recovered, demand for air travel increased while emerging economies boosted exports. In the five years to 2019, the industry will continue to reach new altitudes alongside strong commercial demand, but declining military spending will temper growth... purchase to read more
Industry Report - Starting a New Business Chapter
In all industry segments, the barriers to entry are formidable. High start-up costs, from land acquisitions to investment in technology, make it difficult for new entrants in this industry. Entry is more possible in the auxiliary and parts manufacturing segment; however, participants would be subject to the requirements of major players that outsource these activities.
The industry demands skilled labor and is on the leading edge of technology, constantly striving to create new products and improve existing ones. The industry invests a great deal of time and money in research and development (R&D) on aerospace products, and much of that work is performed by professionals and related workers... purchase to read more