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You are here: Home / News / Aerospace Outlook reveals $6tr 20 year demand

Aerospace Outlook reveals $6tr 20 year demand

May 19, 2017

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The latest Aerospace Outlook suggests that:Aircraft flying over earth at night

  • more than 40,000 civil aircraft will be required to 2035 worth over $6tr
  • demand for composite materials in large commercial aircraft is growing at 10% compound annual growth rate
  • aircraft development spend by airframers is likely to fall from 2019
  • growth has returned to defence spending
  • modifications is the highest growth segment with maintenance, repair and overhaul
  • the penetration of servitization will lead to a very different business model

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