South Korea, India, Australia and Indonesia are potential markets for the manufactures of commercial aircraft parts and MRO services during the next 5 years.
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Dallas, TX (PRWEB) November 28, 2013
The commercial aircraft market in India is expected to grow at a steady rate during the period 2013-2018. The manufacturing of aircraft parts has gained momentum in recent years, and the demand for aircraft parts is expected to increase in the coming years. The commercial aircraft parts manufacturing market in India is expected to grow at a CAGR of 7.32%, and the MRO market in India is expected to grow at a CAGR of 12.62% during the forecast period. Read more at http://www.reportsnreports.com/reports/271016-commercial-aircraft-market-in-india-2014-2018.html .
The commercial aircraft parts manufacturing market and the MRO market in Indonesia are growing at a CAGR of 14.21% and 6.21%, respectively, for the period 2013-2018. The growth of this industry in Indonesia is driven by several factors. One of the major drivers in this market is the increase in demand among the burgeoning middle class population segment. The growing middle class in the developing nations increasingly prefer to travel by air, owing to their increase in disposable income. This has urged the airline companies to purchase more commercial aircrafts to match up with the growing demand. Another major driver is the increasing government commitment to aviation infrastructure. Read more at http://www.reportsnreports.com/reports/271015-commercial-aircraft-market-in-indonesia-2014-2018.html .
The commercial aircraft manufacturing market in Australia is expected to witness high growth during the coming years. Growth in tourism is expected to boost the growth of the industry in the country. Rising domestic air passenger traffic is also expected to fuel the domestic aircraft parts manufacturing activities in the country. In addition, the increase in airport infrastructure development initiatives undertaken by the government would lead to higher demand for commercial aircraft in Australia. The manufacturing market in Australia is expected to grow at a CAGR of 7.65% during the forecast period, while the MRO market is expected to grow at a CAGR of 5.08% during the forecast period. Read more at http://www.reportsnreports.com/reports/271019-commercial-aircraft-manufacturing-market-in-australia-2014-2018.html .
The commercial aircraft parts manufacturing market and MRO market in South Korea are expected to grow at a CAGR of 16.53% and 4.63% respectively for the period 2013-2018. The leading companies in South Korea that manufacture commercial aircraft parts and offer MRO are Korea Aerospace Industries Ltd. (KAI) and Korean Air Lines Co. Ltd. One of the key trends in South Korean market is the growing focus on aviation safety measures to improve safety performance of aircraft. Another major trend in the market is the increasing focus on commercial aircraft manufacturing activities in South Korea. Read more at http://www.reportsnreports.com/reports/271018-commercial-aircraft-manufacturing-market-in-south-korea-2014-2018.html .
The report titled Commercial Aircraft Market in India 2014-2018 provides key vendor analysis information for companies and vendors like Air Works (India) Engineering Pvt. Ltd., Cochin International Aviation Services Ltd., Hindustan Aeronautics Ltd. and Tata Advance Systems Ltd. This research provides 18 exhibits and covers key market activities information like increasing focus on developing public-private partnerships, GOI plans to develop commercial aircraft market in India, increasing interest of foreign investors and domestic Indian airlines are going international. Order a copy of this report at http://www.reportsnreports.com/Purchase.aspx?name=271016 .
The report titled Commercial Aircraft Market in Indonesia 2014-2018 profiles Garuda Maintenance Facility AeroAsia, PT. Dirgantara Indonesia, PT. Indopelita Aircraft Services and PT. Nusantara Turbin dan Propulsi. Key market activities discussed in this report include Indonesia emerging as one of the most lucrative markets for commercial aircrafts, GMF AeroAsia plans for expansion of MRO facilities, GOI seeks foreign investment for enhancing capacities, GMF AeroAsia and airbus agree on a maintenance training collaboration, defense aircraft constitutes a major portion of the domestic demand in Indonesia and lion air group invests in spare engines and an MRO facility. Order a copy of this report at http://www.reportsnreports.com/Purchase.aspx?name=271015 . This report offers 17 data and analysis exhibits for this sector.
The report titled Commercial Aircraft Manufacturing Market in Australia 2014-2018 says commercial aircraft parts segment dominates the aerospace market in Australia. Companies and vendors like Ferra Engineering Pvt. Ltd., Sigma Aerospace Pvt. Ltd., Quickstep Holdings Ltd. and John Holland Aviation Services Pvt. Ltd. are profiled and analyzed in this report available for purchase at http://www.reportsnreports.com/Purchase.aspx?name=271019 . This report offers 19 exhibits of data and analysis on this industry.
Commercial Aircraft Manufacturing Market in Australia 2014-2018 report shares that US and UK are key export destinations for aircraft and aircraft parts manufacturers in South Korea, Bombardier plans to setup joint development facility for 90-seat turboprop in South Korea and KAI is looking for expansion in commercial aircraft sector in South Korea. Key vendor analysis is covered in this report for Hyune Aero-Specialty Inc., Korea Aerospace Industries Ltd., S&K Aerospace Co. Ltd. and Soosung Airframe Ind. Ltd. Order a copy of this report at http://www.reportsnreports.com/Purchase.aspx?name=271018 . This report provides 21 exhibits covering data and analysis for the industry.
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