Civil Aerospace Segment Poised with Unparalleled Growth

Legacy fleets forms one of the important segment of the global aerospace industry driving unparalleled growth, says RNCOS.

NOIDA, India (prHWY.com) August 8, 2012 - According to a latest research by RNCOS, "Global Aerospace Industry Outlook 2015", replacement of legacy fleets is driving the civil aerospace industry worldwide, thus forming one of the important segment of global aerospace industry. Moreover, North America and Europe are the major markets for global civil aerospace industry accounting for majority share. However, new orders from emerging markets, such as China and India are also fueling the industry, which is anticipated to grow at a CAGR of around 2% during the forecast period (2012-2015).

Besides, growing demand for new, fuel-efficient aircraft is also contributing to the rise in optimism for aerospace industry revenues. Many companies worldwide are investing huge amount of money in order to develop fuel-efficient and environment-friendly aircrafts, which will positively contribute to the growth of the industry. Moreover, continuous increase in the military budget spending worldwide will prosper the future market developments of the aerospace industry in the coming years.

The report, spread across in 95 pages provides an extensive research and objective analysis of the global aerospace market and its various segments, including civil and military aerospace. In addition, it also entails a detailed analysis of the market in terms of developed and emerging markets. A section on export and import of aerospace products by country, along with the ongoing developments in the aerospace market is also provided for a better understanding. Both past and current trends of the aerospace market are studied and future trends are outlined to provide cutting-edge market intelligence. The research also contains exhaustive information on the market players that will help clients in formulating market strategies and assess opportunity areas in the global aerospace market.

For FREE SAMPLE of this report visit: http://www.rncos.com/Report/IM416.htm

Some of our Related Reports are:

- Indian Airports Market Assessment (http://www.rncos.com/Report/IM413.htm)
- Indian Aerospace Industry Analysis (http://www.rncos.com/Report/IM289.htm)
- Canadian Aerospace Industry Future Outlook (http://www.rncos.com/Report/IM285.htm)
- Aerospace Industry Forecast to 2013 (http://www.rncos.com/Report/IM176.htm)

Check Related REPORTS on: http://www.rncos.com/Transportation.htm

About RNCOS

RNCOS specializes in Industry intelligence and creative solutions for contemporary business segments. Our professionals 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 intending consultants in meeting their objectives in a cost-effective and timely manner.

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Tag Words: civil aerospace industry

Categories: Aerospace

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