The US aerospace industry, which was hit by recession in 2009, began showing signs
of recovery in 2010 and is expected to reach $100 billion by 2016 with a CAGR of
6.9% over the next five years.
Lucintel, a leading global Management Consulting and market research firm, has analyzed
the US Aerospace and MRO Market and offers its findings in a comprehensive research
report, “Opportunities in US Aerospace and MRO Market 2011–2016.”
As detailed in the study, aerospace is a prominent driving factor in the US economy.
Aerospace is not only a source of employment but revenues generated by exports support
research and development activities. The aerospace industry has the largest trade
surplus of all the US manufacturing sectors, and is expected to maintain its robust
Lucintel’s research indicates that major aerospace industry markets such as the
US and UK will likely reach saturation, whereas demand should increase from APAC
nations such as China and India. Rising fuel prices are expected to generate demand
for fuel-efficient aircraft, and the commercial and general aviation segment will
propel the industry. Government purchases will drive the defense segment.
The MRO market of the US captures approximately 45% of the world aerospace MRO market.
The efficient air transportation system in the US provides a solid market for MRO
activities. US aerospace MRO market is expected to reach $20 billion by 2016.
This Lucintel research report provides insights regarding recent industry trends,
and future opportunities and threats. In addition, the report addresses the market
by segment, addressing civil and military aviation and MRO activities in the US.
For a detailed table of contents and pricing information on this timely and insightful
report, please contact Lucintel at 972-636-5056 or via email at email@example.com. Lucintel provides cutting-edge decision
support services that help you make critical decisions with greater speed, insight,
and cost efficiency. To find out more, please visit http://www.lucintel.com.