As of 2018, the global aircraft manufacturing industry was worth $840 billion dollars, growing 4% over the previous five years, while the global aircraft MRO market is estimated to reach $96
billion dollars by 2025. Significant growth in the aircraft manufacturing industry is spurred by increased A&D spend, key mergers, and more demand for air transport.
The below infographic outlines some of the most interesting trends in aircraft manufacturing.
Click here to view the full infographic PDF.
Addressing Industry Challenges
The safe and successful manufacturing and maintenance of aircraft – of all shapes and sizes – is a complex process. It requires navigating a rapidly changing industry. Successful companies will be rigorous and standardized in their processes but also flexible enough to respond to innovation…all while ensuring the ongoing safety of both workers and end users. Our new aircraft manufacturing and maintenance handbook addresses these topics to provide you with insights and best practices to adapt to a constantly-evolving industry.