Aerospace Market Analysis and Reports | Spain Conference Series

Market Analysis - Aerospace 2018

The key data show that Aerospace Engineering is one of the major branches of industry in the EU-27 with a share of around 9.1% of all manufacturing industries, as measured by production. The U.S. aerospace industry contributed $118.5 billion in export sales to the U.S. economy. The global commercial aerospace seating market is expected to grow at a CAGR of 5.2% over 2015-2020.

In 2012, the U.S. aerospace industry contributed $118.5 billion in export sales to the U.S. economy.  The industry’s positive trade balance of $70.5 billion is the largest trade surplus of any manufacturing industry and came from exporting 64.3 per cent of all aerospace production. Industry estimates indicate that the annual increase in the number of large commercial airplanes during the next 20 years will be 3.5 per cent per year for a total of 34,000 valued at $4.5 trillion (list prices). 

Stable global gross domestic product (GDP) growth, relatively lower commodity prices including crude oil, strong passenger travel demand, especially in the Middle East and Asia Pacific region, will likely drive the commercial aerospace sub-sector growth. On the defence side, resurgence of global security threats, expected increases in US defence budgets, as well as higher defence spending from other major regional powers such as Japan and India will likely promote global defence subsector revenue growth in the near future.

Why to attend???

With members from around the globe focused on wisdom about aerospace technology, this is the most outstanding opportunity to reach the largest collection of participants from aerospace community. They can organize workshop, exhibit, and is given a  platform for networking and  to  enhance their brand at the conference.