Asia-Pacific to Propel Global Aerospace Industry

Released on: July 2, 2008, 11:59 pm

Press Release Author: Shushmul Maheshwari

Industry: Aerospace

Press Release Summary: The global aerospace industry will be boosted by low cost
economies in Asia-Pacific, such as India and China, as they provide affordability in
initial and operating costs.

Press Release Body: According to a new research report, “Global Aerospace
Market Analysis”, by RNCOS, Asia-Pacific is likely to emerge as the new force
that will drive the global aerospace industry, mainly because of the fast emerging
economies such as India and China.

The current trends indicate that manufacturers will focus on the needs of low cost
carriers recognizing that the low cost economies such as India and China will be the
biggest booster to the industry as they provide affordability in initial and
operating costs, which is considered a major success factor for aerospace players,
says the report. At macro-level, the next generation of the global aerospace
industry is likely to be driven by low cost economies. Hence, as these economies
will drive the global aerospace industry, the business environment is anticipated to
remain competitive; as a result, the manufacturers in the developed economies need
to chart out new business strategies, like cost reductions.

The RNCOS report further says that to achieve the low cost standards, the aerospace
manufacturers are working hard to upgrade operations by taking initiatives such as
outsourcing the services, cutting alliances and pouring investments into improvement
programs. Consequently, leading players of the industry have also joined the league
directing huge investment in emerging countries to benefits from the low production

Apart from this, “Global Aerospace Market Analysis” focuses on the
global aerospace industry that is defined as the shipment of aircrafts, engines,
parts etc. It gives in-depth and comprehensive information on the marketplace for
global aerospace industry. It takes into account the current market trends, evolving
technologies and growth prospects of the aerospace industry worldwide, and helps
clients to identify the leading-edge opportunities critical for the success of the
aerospace industry at the global level. Detailed data, coupled with critical
analysis, given in the report helps potential investors to easily navigate through
the evolving aerospace market. It also provides forecast based on the study of
market trends, drivers, barriers and business development issues.

About RNCOS:

RNCOS, incorporated in the year 2002, is an industry research firm. It has a team of
industry experts who analyze data collected from credible sources. They provide
industry insights and analysis that helps corporations to take timely and accurate
business decision in today\'s globally competitive environment.

For more information visit:
Current Industry News:

Web Site:

Contact Details: 29, 1st Floor, Patparganj Industrial Area, Delhi 92

  • Printer Friendly Format
  • Back to previous page...
  • Back to home page...
  • Submit your press releases...