According to Lucintel’s report “Opportunities in Indian Aerospace and MRO Market: 2011-2016” the Indian aerospace industry has experienced significant growth during the last five years and is expected to reach US $23.52 billion with a CAGR of 15% over the next five years by 2016.
The Indian aerospace industry’s major drivers include high domestic demand, cost advantage and IT competitiveness. In India, the demand for commercial aircrafts is increasing due to growth in passenger traffic. Domestic cost advantages are providing opportunities to Indian aerospace manufacturers, resulting in the formation of JVs with aerospace giants such as Boeing and Airbus. Major challenges facing Indian aerospace include access to technology, raw material development capabilities and the certification process. Growth in fleet size, increasing penetration of composites in aero structures and increase in air traffic are key drivers for the MRO market.
This report takes an extensive looks at recent industry trends, as well as future opportunities and threats, and is an invaluable aid to professionals in or interested in the industry. The report provides the reader with a detailed market analysis, addressing sector sizes and trends, market structures, and market share for key companies
This unique report from Lucintel will provide you valuable information, insights and tools needed to identify new growth opportunities and operate your business successfully in this market. This report will save hundreds of hours of your own personal research time and will significantly benefit you in expanding your business in this market. In today’s stringent economy, you need every advantage that you can find to keep ahead in your business.
Features of This Report:
To make business, investment, or strategic decisions, you need timely and adequate information. This market report fulfills this core need and is an indispensable reference guide for multi-national material suppliers, product manufacturers, investors, executives, distributors and many more, who are dealing with this market.
Some of the features of “Opportunities in Indian Aerospace and MRO Market: 2011-2016” are-
– Indian aerospace market intelligence with special emphasis on civil and defense aerospace market
– Analysis of Indian MRO and Offset market
– Competitive analysis: Market shares of the industry leaders in various segments of the aerospace market.
– Offset market of India
– Growth trends for last five years and forecasts for next five years for the total aerospace market and also for various industry segments
Benefits of Report:
Lucintel’s core competency is in market research and management consulting. In last 12 years, Lucintel has worked on hundreds of market research studies. Lucintel’s market reports offer the following benefits:
– It saves your money, as compared to doing research in-house. ($50,000+)
– It saves your time. Lucintel delivers the report in hours vs. months of in-house data collection and report writing.
– It is an un-biased source of industry facts, intelligence and insights.
– It helps you make confident business decisions quickly.
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Report on Opportunities in Indian Aerospace and MRO Market
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