Rising Air Trade to Support the Growth of the Global Aerospace Industry

The global aerospace and defense market is projected to grow at a CAGR of over 5% during 2011-2013, says RNCOS in its latest research report.

Noida, India (prHWY.com) July 12, 2011 - According to our new report "Aerospace Industry Forecast to 2013", the global aerospace industry has been witnessing strong growth for the past few years, with civil aviation segment emerging as the major contributor towards the growth of the industry. The US and European countries have been the dominant markets of this industry and are acting as catalyst for the overall industry growth. However, developing nations, such as China, India, Mexico, and Brazil are expected to emerge as potential market places for aerospace products in near future.

As per our findings, the aerospace industry has globally emerged as a highly potential market, even after the economic recession. Moreover, the global aerospace and defense market is anticipated to grow at a CAGR of over 5% during 2011-2013. The fast growing air passenger traffic with strong middle class and upper class customer base has supported the growth of the global aerospace market. Additionally, it is expected that, the growing international trade activities will become the major contributor towards the growth of the aerospace industry. Currently, only a small portion of the manufactured goods are traded internationally using air cargo transport, which is expected to grow by over 70% in the coming years.

Besides, the report covers major aerospace markets including both developed and emerging markets. Besides, overall growth in the global aerospace market is mainly driven by aircraft and aircraft part segments. These segments have witnessed double digit growth during the last decade. Further, the report contains information about the various M&A activities in the global aerospace industry.

Our report "Aerospace Industry Forecast to 2013", provides information of the key competitors in the market along with their business information and areas of expertise. The report shows a highly concentrated structure of the market, with the top players dominating the market. It provides segment level analysis of the industry along with emerging trends that may shape up with the betterment of economic conditions. The research will help consultants, industry analysts, and vendors to get an in-depth knowledge of the current, past, and future performance of the industry. The report provides an extensive research on the recent trends of the aerospace industry trends to provide cutting edge market intelligence.

For FREE SAMPLE of this report visit: http://rncos.com/Report/IM176.htm

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About RNCOS:

RNCOS specializes in Industry intelligence and creative solutions for contemporary business segments. Our professionals study and analyze the industry and its various components, with a comprehensive study of the changing market behavior. Our accuracy and data precision proves beneficial in terms of pricing and time management that assist the consultants in meeting their objectives in a cost-effective and timely manner.

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Tag Words: global aerospace market

Categories: Aerospace

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