Asia Drives Demand For U.S. Aerospace Manufacturing Says New Report

The authors say growth will particularly be led by the burgeoning low cost economies of China and India that will propel the worldwide aerospace industry. They argue that the economic influence of these rising countries will lead to rapid increase in the demand for air traffic and low-priced products, with the players of the aerospace industry moving towards customised products. End Quote

(1888PressRelease) December 21, 2007 - Report Buyer, the online destination for business intelligence for major industry sectors, has now added a new report showing that U.S. continued to be the biggest market for aerospace manufacturing during 2006, experiencing an impressive growth rate of 8%. A large proportion of the demand stem from the Asia- Pacific region.

“Global Aerospace Market Analysis”
(http://www.reportbuyer.com/industry_manufacturing/aerospace/global_aerospace_market_analysis.html) reports that shifting airline models including the advent of low cost carriers, the thriving markets of China and India assisted by a stronger Vietnam have led to record investment levels in the airports and aircrafts. The authors predict that the growth momentum is likely to continue in 2007 with an anticipated growth of around 6%.The upward movement is mainly led by augmented delivery of commercial aircraft, engines and parts.

The authors say growth will particularly be led by the burgeoning low cost economies of China and India that will propel the worldwide aerospace industry. They argue that the economic influence of these rising countries will lead to rapid increase in the demand for air traffic and low-priced products, with the players of the aerospace industry moving towards customised products.

The research further marks the areas that will result in substantive growth of the aerospace industry; these include international trade, cost reduction, technological advancement and cost-effective aerospace products. However, the presence of impediments like escalating fuel prices, increased complexity, safety issues and increasing production cost along with ecological apprehensions regarding sustainability pose a major threat for the industry.

“Global Aerospace Market Analysis” also gives an updated overview on the global aerospace market, including countries such as U.S., U.K., China, India, South Korea, Singapore, Germany, and Brazil. The study provides extensive research and rational analysis on the current market trends, emerging technologies and the future outlook of the global aerospace industry. It also discusses the competitive market landscape, major opportunities and challenges, and driving forces of the global aerospace industry.

“Global Aerospace Market Analysis” is available from Report Buyer. For more information go to: http://www.reportbuyer.com/industry_manufacturing/aerospace/global_aerospace_market_analysis.html

Report Buyer product ID: RCS00226

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