Commercial aviation has weathered many downturns in the past, yet the recovery has followed quickly and the industry has been reliably returned to its long-term growth rate of approximately 5 percent per year. Despite uncertainties, 2011 passenger traffic rose to about 6 percent above 2010 levels. It can be expected that this trend would continue over the next 20 years, with world passenger traffic growing by approximately 5 percent annually. Also expansion of emerging-market economies will foster a growing need for efficient transport of goods. It can be estimated that air cargo will grow approximately 5 percent annually through 2031. Boeing has projected a long-term demand for 34,000 new airplanes over the next 20 years, valued at around $4 trillion. These new airplanes will replace older, less efficient airplanes, benefiting airlines and passengers and stimulate growth in emerging markets and innovation in airline business models. Approximately 23,240 airplanes (68 percent of new deliveries) will be single-aisle airplanes, reflecting growth in emerging markets, such as China, and the continued expansion of low-cost carriers throughout the world. The twin-aisle segment will also increase, from a 19 percent share of today's fleet to a 23 percent share in 2031. The 7,950 new twin-aisle airplanes will allow airlines to continue expansion into more international markets. According to Airbus forecast, Latin American airline traffic will grow by more than 6% per year in the next 20 years, the second highest growth rate in the world after the Middle East and ahead of Asia Pacific. Overall, the region’s traffic is expected to triple in the next 20 years. In India 2012 marked a decade of full-fledged entry of the private sector in defence production with 100% equity and 26% foreign direct investment.
In the defence sector, the financial crisis that started in 2008 has led to austerity measures and defence budget cuts across the west. Whereas the rise of the rest, especially growing economies like China, India, Brazil, Turkey and others have created an tremendous shift in the global defence industrial sector. The changes induced by the financial crisis coupled with changes in defence technology and the changing nature of war, has affected the defence market as well as the defence industry in unexpected ways. The budget constraints mean lesser demand which invariably means less growth opportunity for conventional weapons manufacturers in the coming years. However, opportunity exists for companies who are willing to take risk and invest in upcoming sectors like cyber security, unmanned systems and C4ISR. The advent of embedded systems and computers and communication technology has led to the shift from OEMs being the lead contractor to system integrators leading the way. Moreover, for the first time in this sector defence research has lagged behind its civilian counterparts, thus paving the way for technology adaptation from commercial applications. Thus system integrators should be on the lookout for viable COTS technology by preventing duplication of R&D costs and reducing the product price. Defence industries have to concentrate on providing value for money and on providing innovative and competitive support services as support services for maintaining the capability of the existing inventory are expected to cover a major part of the defence expenditure in the coming years. The above changes in the defence industry landscape will lead to increased merger and acquisition activity, joint development and joint production through consortiums, Licensing and technology transfer agreements and other forms of cooperation on governmental, industrial, institutional and organizational levels in a national and international scale. Companies who desire to excel ought to be proactive in reading and understanding the market place, should be well informed in the industry developments and must have the capability and intelligence in place to overcome any technological challenges. They must also be willing to adapt to changing business environments and adapt effective strategies geared towards growth.
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Commercial aviation has weathered many downturns in the past, yet the recovery has followed quickly and the industry has been reliably returned to its long-term growth rate of approximately 5 percent per year. Despite uncertainties, 2011 passenger tr
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The Military Auxiliary Power Unit (APU) Market is projected to grow from USD xx.xx Billion in 2023 to USD xx.xx Billion by 2028, at a CAGR of 3.92% from 2023 to 2028. Major players in the Military Auxiliary Power Unit (APU) Market Honeywell International Inc. (US), Safran SA (France), Elbit Systems Ltd. (Israel), The Marvin Group (US), Pratt & Whitney (US), Milspec Manufacturing (Australia), The Dewey Electronics Corporation (US), Astronics Corporation (US), AAR (US) are some of the major players of military auxiliary power unit (APU) .
- Published: March 2014
- Price: $ 4950
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The global man-portable communication systems market is projected to grow from USD 30.15 Billion in 2014 to USD 39.52 Billion by 2019, at a CAGR of 5.56% from 2017 to 2022. There is an increasing trend towards software defined radios, VSATs (Very small aperture terminals), and smartphones. This has provided a growth momentum to mature markets such as the U.S. and have opened a number of avenues for emerging markets such as India, China, and the Middle East. Defense budget cuts can act as a restraint for the global man-portable communication systems market. Major companies profiled in the report include Harris Corporation (US), Rockwell Collins (US), BAE Systems (UK), SAAB (Sweden), and Thales (France).
- Published: March 2014
- Price: $ 4950
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Currently, the global infrared and thermal imaging systems market value is estimated at US$3,350 million and is expected to touch $5,219.21 million by 2019 at a CAGR of 9.27%. The sector demands cheaper hand-held products and a drive towards the commercial infrared and thermal imaging sector in the coming years.
- Published: March 2014
- Price: $ 4950
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The commercial aviation windows and windshields market is projected to grow from USD 541.6 Million in 2013 to USD 635.3 Million by 2018, at a CAGR of 3.25% from 2013 to 2018. The increasing aircraft deliveries across the globe, as well as the retrofit activities in the general aviation market, are expected to fuel the growth of the commercial aviation windows and windshields market. Stringent regulations in aerospace industries can act as a restraint for the commercial aviation windows and windshields market. Major companies profiled in the report include GKN Aerospace (UK), PPG Aerospace (US), Nordam Group Inc. (US), Gentex Corporation (US), Triumph Group Inc. (US) and Saint-Gobain Sully (France).
- Published: April 2013
- Price: $ 4950
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The global aircraft refurbishing market is projected to grow from USD 3.14 Billion in 2012 to USD 4.10 Billion by 2017, at a CAGR of 5.5% from 2012 to 2017. Reasons for this sudden spurt in growth are several; airlines and business jet owners have undertaken retrofit of their aircrafts in a shorter cycle than in the early days of civil aviation. The future for this market will primarily be the various types of work which cover the entire process of a chain of complete cabin refurbishing or conversions, these works are typically outsourced by the aircraft owners or manufacturers to centers known as center of completions. Passing flammability and certification tests can act as a restraint for the global aircraft refurbishing market. Major companies profiled in the report include BE Aerospace (US), Zodiac Aerospace (France), TIMCO Aviation Services (US), SIA Engineering Company (Singapore), Lufthansa Technik (Germany), Gulfstream (US), and Sabreliner Corporation (US).
- Published: December 2012
- Price: $ 4950
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