China's Position in Future Global Aerospace Industry

2011-02-14 (China Military News cited from sbwire.com) -- After a tumultuous 2008, the next 2 years were relatively steady for the global aerospace industry. Even with the overall slow recovery of the U.S. and various other economies, the global aerospace industry continued to experience modest growth. The global aerospace industry has been dominated mainly by the Americas. Majorly, the U.S and Canada have been dominating the global aerospace industry. Americas was estimated to account for over half of the market at the end of 2009, i.e. approx 57% of the global aerospace and defense industry, says our new research report “Aerospace Industry Forecast to 2013”.
Our team of experts has found out that one of the important factors that have driven the growth of the Americas aerospace industry is the increased defense expenditure of the US during the last few years on account of wars in Afghanistan and Iraq and the overall war on terror. The commercial aerospace market, which plummeted during the economic recession, is expected to revive in the coming years, fueled by the gradual recovery of the global economy.
Our report has segmented the global aerospace industry into developed and emerging markets. The countries covered in the developed markets include, the US, Canada, and the UK. Moreover, the countries included in the emerging markets are Middle East, China, India and various others. For each country included in the report, detail statistical analysis has been provided. Most importantly, considerable focus on the MRO industry has also been provided.
“Aerospace Industry Forecast to 2013” provides thorough research and rational analysis along with reliable statistics of the global aerospace industry. Besides, an insight of trends prevailing in the regional aerospace industry segments across the globe has been covered in the report. Analysis and statistics regarding market size, growth, share, segmentation, and geographic distribution have been thoroughly studied in the report to present a comprehensive view of the global aerospace industry. The report has thoroughly examined current market trends; industrial developments and competitive landscape to enable clients understand the market structure and its progress in coming years.
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