Space Technology

By: automobilenews
According to our new research report, “Aerospace Industry Forecast to 2013”, growing air travel and wars around the world are driving the global aerospace industry. Civil aerospace segment is expected to grow at a faster pace than the defense segment. It is estimated that by the end of 2027, the world’s airlines will take delivery of 29,400 civil airplanes with total value of US$ 3.2 Trillion to keep pace with the growing demand for air travel.

The US represents the biggest aerospace market, with total sales estimated to have closed at US$ 204.4 Billion in 2008, followed by EU, Canada and Japan. But in future, developing economies such as China, India, Mexico and Brazil are expected to emerge as big marketplace for aerospace products.

The Chinese aerospace sector ranks among the world’s most dynamic sector due to the massive investment by the country. Moreover, Chinese aerospace companies are fast showing their presence in the global aerospace industry. It is anticipated that China will buy more than 3,700 airplanes before 2028 with the potential market value of US$ 390 Billion, becoming the most potential civil aerospace market.

Our report gives an extensive and objective analysis on the global aerospace market. It investigates both the past and current trends in the global aerospace market, and outlines the future trends shaping it. It comprehensively assesses the industry performance both in civil and defense segment. Based on various market indicators, the report evaluates future outlook of the industry. The report can thus give valuable information to manufacturers/

investors preparing to enter the aerospace market.

Our report also provides future perspective of the following countries

Developed Markets

- US

- Canada

- Japan

- UK

- France

- Germany

source: FPR

Emerging Markets

- Middle East

- UAE

- Saudi Arabia

- Qatar

- China

- India

- Mexico

- Brazil

Profiling on Key Players

This section gives overview on the key players, including The Boeing Company, EADS NV, United Technologies Corporation, Lockheed Martin Corporation, Northrop Grumman Corporation, Honeywell International Inc., Raytheon Company and BAE Systems plc, operating in the global aerospace market. It provides vital information, like business overview and financial information, of each company.

For more detail visit :- http://www.automobilenews.net/Report/IM176.htm