Fast Growing Air Passenger Traffic Boosting Indian Aerospace Industry

With the fast growing air passenger traffic and dominating defense segment, the Indian aerospace industry will show strong growth in future, RNCOS acknowledged.

NOIDA, India (prHWY.com) April 25, 2011 - According to our new report "Indian Aerospace Industry Analysis", the fast growing air passenger traffic with strong middle class and upper class customer base has positioned the aerospace market as the most attractive one in the country. It is expected that the passenger air traffic will grow at the CAGR of around 16% during 2010 - 2013. Vast impact of low cost carriers market in India also boosts the industry potential to provide a suitable platform for the industry to prosper. Moreover, the defense segment has proven as a catalyst for the industrial growth.

As per our research, the Indian aviation industry falls under top ten rank in the world. The participation of government sector as well as of private sector supports the industry to grow further. Moreover, sub segments are expanding rapidly and attracting global majors. The defense segment has been dominating due to the security concerns.

Further, the ongoing study provides the extensive research and rational analysis along with major issues in the Indian aerospace industry. The report provides reliable statistics along with the rational analysis of major segments, such as civil aerospace, defense aerospace, MRO industry, etc. Moreover, the emerging trends and drivers like vast support of SME, government support, large aircraft orders etc. are thoroughly studied in the report.

Our report "Indian Aerospace Industry Analysis" also provide the information about the key players in the aerospace industry and their recent developments will provide the deep insight of the market to the clients. It also provides the analysis and position of Indian aerospace industry in the global context.

The report also features the future outlook of the industry considering both negative and positive aspect of the industry's reasonable and accountable factors. The complete and coherent analysis of the industry will prove decisive for the clients.

For FREE SAMPLE of this report visit: http://www.rncos.com/Report/IM289.htm

Check DISCOUNTED REPORTS on: http://www.rncos.com/promotion.htm

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 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: mro industry

Categories: Aerospace

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