Noida, UP -- (SBWire) -- 04/07/2011 -- According to our new research report “Aerospace Industry Forecast to 2013”, the aerospace industry has globally emerged as a highly potential market, even after the economic recession. Increase in air traffic together with considerable increase in military budget has provided the much required growth impetus to the industry during recession. As per our study, aerospace is one of the key industries in Germany, characterized by its sustainable growth. Despite economic crisis, German aerospace industry managed to enjoy growth in 2009, but at a lower rate than in the previous years. However, we expect that in future, it will grow at a CAGR of approximately 7% during 2011-2013.
As per our analysis, single-aisle and twin-aisle airplanes having a capacity of 100 passengers or more are expected to capture most of the future market demand in terms of volume (units) as well as value. New applications and technologies are further expected to boost Germany’s space segment. Our research also reveals that due to its technological know-how and strong innovative capacity, German aerospace industry has an effect on other industrial sectors also.
“Aerospace Industry Forecast to 2013” identifies the US as the biggest market for aerospace. Other countries following the US include regions in the EU, Canada, and Japan. However, our report has revealed that developing nations including China, India, Mexico, and Brazil will emerge as potential marketplaces for aerospace products in near future. In this regard, our research report provides an analysis on all these countries including the US, Canada, Japan, the UK, France, Germany, China, India, Mexico, Brazil, and the Middle-East region.
Our report provides an extensive research and objective analysis of the global aerospace market and its various segments, including civil aviation and defense. It investigates both past and current trends of the aerospace market and outlines future trends to provide cutting edge market intelligence. The research study has identified key players of the industry and briefly studied the competitive landscape. It also provides unbiased SWOT analysis of key players.
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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.
German Aerospace Industry Running on Fast Growth Track
The German aerospace industry is anticipated to grow at a CAGR of approximately 7% during 2011–2013, says RNCOS in its research report.