Aerospace Global Report
Aerospace markets across the world should progressively open up to competition. From access to space and UAVs in the US to the Chinese private aviation market, the tendency is for the regulatory frameworks throughout the world to allow more commercial use of aerospace markets that will provide numerous business opportunities.
View the Aerospace Global Report 2014 below:
Aerospace is the healthiest industrial segment of the world economy. Despite a temporary slow-down in 2010, aircraft deliveries have resumed their long-term growth trend. While the forecast for the military market is relatively flat, the civil market seems ready for significant growth, especially in emerging markets. According to the Teal Group, the market for turbine powered aircraft between 2014 and 2023 is $1.9 trillion, including a $500-Billion military component. This corresponds to a healthy 50% growth with respect to the previous decade.
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Gautier Brunet – Aerospace Consultant
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