Industry Analysis & Industry Trends
The Aircraft, Engine and Parts Manufacturing industry has gone through significant change as the commercial segment has rapidly rebounded from the recession, lifting demand for global air travel and fleet replacement. However, the defense segment has been hit hard by declining US defense spending, offsetting strong industry demand... 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