Posted: February 28th, 2022

The “Aircraft Manufacturing: Global Markets to 2022” report has been added to ResearchAndMarkets.com’s offering.

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review the article Global Aircraft Manufacturing Markets to 2022: Key Players Are Airbus, the Boeing Company, Lockheed Martin, BAE Systems, and Textron. Based on the article, include in your post the pros and cons of global aircraft manufacturing in the emerging markets of China and Russia. Below is the article.
Global Aircraft Manufacturing Markets to 2022: Key Players are Airbus, The Boeing Company, Lockheed Martin, BAE Systems, and Textron
Plus Company Updates
Dublin: Research and Markets has issued the following press release:
The “Aircraft Manufacturing: Global Markets to 2022” report has been added to ResearchAndMarkets.com’s offering.
Global aircrafts market growth outlook is positive with significant growth potential for passenger aircrafts drones. There is mounting pressure on aircraft manufacturing to reduce costs, enhance aircraft capabilities and safety features. At the same time, emerging market growth, low interest rate environment, urbanization, rising population, rising disposable income and increasing military tensions globally is driving the demand for aircrafts market.
The market for aircraft is somewhat concentrated with a few large players dominating the market. Major players in the market include Airbus SE, The Boeing Company, Lockheed Martin Corp., BAE Systems, Inc. and Textron, Inc.
The highest growth is also projected to come from helicopters. Major factors included economic growth, increase in defense expenditures in developing countries and increasing incidences of terrorism and violence in the Middle East and Africa.
North America is the largest market for the aircraft manufacturing market. It was followed by Asia-Pacific and Western Europe. Going forward, Eastern Europe is expected to witness the fastest growth in the aircraft manufacturing market, followed by Asia-Pacific. The USA is the largest market in terms of value and in the aircraft manufacturing market. China and Russia are forecasted to have the fastest growth.
The market is challenged by restraints such as decline in high investment costs, investments in cyber wars and cyber regulations.
Full Text: COPYRIGHT 2018 Right Vision Media.
Source Citation:
“Global Aircraft Manufacturing Markets to 2022: Key Players are Airbus, The Boeing Company, Lockheed Martin, BAE Systems, and Textron.” Plus Company Updates 10 May 2018. Business Insights: Global. Web. 27 July 2021.
URL
http://bi.gale.com.ezproxy.snhu.edu/global/article/GALE%7CA538005100?u=nhc_main
Document Number:
GALE|A538005100

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