This 2016 issue of ADS/UKTI’s report identifies major overseas opportunities and includes refreshed new-build programme data from major companies’ own forecasts, opportunity timescales, announced suppliers and MRO&L market data, in part, thanks to data from ICF.
Achieving the Difference is a key contributor of the data and analysis in the report. Do get in touch if you would like help interpreting the information.
Aerospace is a sector with real growth potential. For example, over 38,000 fixed-wing new passenger aircraft, worth US$5.4 trillion, are predicted to be needed over the next 20 years; and in a similar timescale the global requirement for new helicopters is expected to be in excess of 40,000 units, worth circa $165 billion. Additionally, in the next ten years, demand is expected for 9,000 business jets worth $267bn.
This annual report also addresses the needs of the UK maintenance, repair, and overhaul (MRO) organisations wishing to benefit from a market expected to grow at 2.7% CAGR to $173bn in 2024.
To download the report and discover your overseas opportunities, you’ll need a login for the ADS website. Go to www.adsgroup.org.uk, login and you should see a link to download the report.