AEROSPACE AND DEFENSE MARKET RESEARCH REPORT AND CONSULTING
The aerospace and defense industry landscape is changing rapidly. The expectation from companies in aerospace and defense industry space have increased due to a new focus on R&D, rapid improvements in technology and production methods. The aerospace and defense industry has shown low revenues and sharply low profits this year. In spite of these downturns, aerospace and defense industry has recovered as the industry returned to its long-term growth rate of approximately 5% per year as well as passenger traffic rose 6 percent. This trend is expected to continue over the next 2 decades and hence, commercial aviation is on the rebound again. Boeing has forecasted a long-term demand for 34,000 new airplanes valued at $4.5 trillion. Approximately, 23,240 new airplanes i.e. 68% of new deliveries will be single-aisle planes. These new airplanes will replace older and less efficient airplanes for the benefits of airlines and passengers; stimulating as well as reflecting growth in emerging markets.
Earlier, in 2008, financial crisis that started and led to defense budget cuts and austerity measures across the west. Whereas the growing economies like India, China, Turkey, Brazil, and others created a remarkable shift in global defense industrial sector. The defense market, as well as the defense industry, has affected in many unexpected ways due to the changes induced by the financial crisis, the changing nature of war and changes in defense technology. For convectional weapon manufacturers, there is less growth opportunity as lesser demand due to budget constraint. However, opportunities exist for the companies who are taking risks and investing in upcoming sectors such as C4ISR, unmanned systems, and cyber security. A major part of defense expenditure is expected to be covered by support services such as maintaining the capability of the existing inventory. Hence, it is necessary to for the Defence industry to concentrate on providing competitive and innovation support as well as providing value for money. The changes in defense industry landscape will lead to joint development, merger and acquisition activities, Licensing and technology transfer agreements as well as joint production through the consortium. These changes in defense industry will also lead to other forms of cooperation on industrial, institutional as well as Governmental and Organizational levels in a global scale.
Aerospace market research reports offers information to assist our customers in identifying opportunities including major manufacturers, and component providers. Our reports help local governments align their vision with Aerospace industry trends. Insights and Intelligence provided by our reports under defense has helped our customers develop better solutions to expand defense industry opportunities and serve military end user through better and improved access to analysis.
digitGaps’ premier syndicated Aerospace and Defense market research report databases provides detailed data and analysis on industries, economies, countries and consumers across 200 countries and 23 industries. With our reports our clients gain an intimate look at consumer attitudes, behaviors and trends and their impact on the global and local marketplace now and in the future. Our dedicated research team examines products and trends, authenticates data with trade sources and discusses future opportunities with Key Industry Experts (KIEs), Key Opinion Leaders (KOLs) and Advisory Board building upon our international research network of unbiased analysis.
digitGaps comprehensive market research reports include analyzing market sizing, market opportunities, evaluating the key drivers, challenges, and opportunities. We also bring expertise in analyzing the costs, pricing, and forecasting. There is a dedicated team for competitive analysis in Aerospace and Defense sector on a regular basis. Our reports are the result of the elaborate study of the sector and its major players sourced from exclusive primary research (qualitative and quantitative research), proprietary databases which help us to deliver precise and authentic information about key industry trends and competitive intelligence which helps our clients to be well informed and enable them with informed decision-making.
Whatever your sector is, you can tap into the latest market data such as market size, supply and demand, and growth areas, forecasts, industry news, national and regional market analysis, key players, and much more. Build your company’s success with the latest Aerospace and Defense market intelligence. digitGaps’ is an expert in market sizing, market forecasting and evaluating the impact of technology and trends in your industry. Our reports offer instant access to industry-leading market data and this expertise.
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