The total size of the global aerospace industry including commercial aerospace, regional jet, defense, space, and general aviation is several hundred billion dollars. Next generation aircraft such as Boeing 787, Airbus 380, and Airbus 350 will drive the future growth for the aerospace market as sales will be bolstered by continued economic growth across Asia. For example, China will spend $340 billion over the next two decades and become the largest market outside the United States for new commercial planes, according to Boeing's forecast. Given the size of the market and its prospects for further expansion, the aerospace industry represents a highly attractive opportunity for OEMs, material suppliers, engine suppliers and parts suppliers. Broadly, the aerospace market can be segmented into the following categories as shown in the following diagram. 1.
Critical to success in the aerospace market is knowledge of market trends, product mix shifts, customer needs and effective market strategies. Our continuous networking with customers, suppliers and competitors creates complete visibility across the whole value chain of the aerospace industry and helps our clients make confident business decisions.
We offer a suite of aerospace consulting, defense market consulting and market research services that empower our customers to increase market share and profitability. Some of the consulting services offered by Lucintel for the aerospace industry are:
No matter what your product, Lucintel will help you find new markets for your products with greater profitability, better alignment with market opportunities, and the peace of mind that comes from un-biased third-party validation. We offer cutting-edge decision support services that help you make critical decisions with greater accuracy, speed and insight. Please contact us today to discuss your project opportunities.