World Aircraft Part Market to Grow 3.9% Annually from 2014 to 2018
According to recently published research conducted by a leading international market research company, Global Research & Data Services, the expansion of the global aircraft part industry is forecast to reach 3.9% p.a. in the coming years. Between 2007 and 2013 the market increased with an average annual growth of 6.9%. Currently, turbo-jet engines account for 22.4% of the global demand while the remaining market share is divided between turbo-propeller engines (2.1%), other aircraft engines (1.0%), parts for aircraft engines (35.7%),...
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