|By PR Newswire||
|January 21, 2014 07:22 AM EST||
DALLAS, Jan. 21, 2014 /PRNewswire-iReach/ -- This report that globally analyzes industry opinions on how defense companies perceive the future industry trends, developments, and challenges for military aircraft and rotorcraft, and how demand for MRO is set to grow over the next five years. Furthermore, it analyzes how demand for military aircraft and rotorcraft is projected to change over the next three years and features that are expected to record increased investments over the same period. Additionally, it forecasts industry executives' optimism towards strategic alliances and technology-transfer agreements, change in budget expectations towards military aircraft and rotorcraft MRO, likely changes in MandA activity in military aviation MRO, the importance of implementing PBL contracting in military aviation MRO, and segments projected to have the highest proportion of MRO spending over the next three years.
Introduction and Landscape
Why was the report written?
This report is the result of an extensive survey drawn from exclusive panel of leading global defense industry executives. The report analyzes the key drivers instrumental in the advancement of military aviation and rotorcraft over the next three years, challenges that are likely to inhibit opportunities in advanced military aviation and rotorcraft, and the change in demand for military aviation and rotorcraft in different countries. Furthermore, it provides information about future investments on advanced communication techniques, the change in budget for military aircraft and rotorcraft MRO, key drivers of MRO services, and projected changes in MandA activity in military MRO over the next three years. In addition, it highlights the importance of implementing PBL contracting in military aviation MRO and MRO submarkets, which are forecast to drive demand until 2016.
Complete report is available at http://www.rnrmarketresearch.com/global-military-aviation-industry-trends-developments-and-challenges-2013-2018-market-report.html .
What is the current market landscape and what is changing?
Overall, industry executives project that demand for surveillance, multi-role, and maritime military aviation will increase in 2014-2016.
What are the key drivers behind recent market changes?
Developing countries such as India, China, and Brazil will offer significant growth prospects for military aviation and rotorcraft over the next three years
What makes this report unique and essential to read?
"Global Military Aviation Industry Trends, Developments and Challenges 2013-2018′ is a new report by Strategic Defence Intelligence that globally analyzes industry opinions on how defense companies perceive the future industry trends, developments, and challenges for military aircraft and rotorcraft and how demand for MRO is set to grow over the next five years. Furthermore, it analyzes how demand for military aviation and rotorcraft is projected to change over the next three years and features that are expected to record increased investments over the same period. Additionally, it forecasts industry executives' optimism towards strategic alliances and technology-transfer agreements, change in budget expectations towards military aircraft and rotorcraft MRO, likely changes in MandA activity in military aviation MRO, the importance of implementing PBL contracting in military aviation MRO, and segments projected to have the highest proportion of MRO spending over the next three years.
Key Features and Benefits
- The report highlights factors projected to play a key role in the advancement of military aircraft and rotorcraft over the next three years.
- The report provides the reader with the projected change in demand for military aircraft and rotorcraft over the next three years in developed and developing regions.
- Readers will be provided with a clear uncovering of the key challenges that could inhibit opportunities in advanced military aircraft and rotorcraft over the next three years and are likely to affect the industry's growth prospects.
- The report clearly provides the reader with information pertaining to key investment areas that are forecasted to witness rise in expenditure within the military aircraft and rotorcraft industry in 2014-2016.
- Identifies the major changes in MandA activity in military aviation MRO over the next three years.
Key Market Issues
- 'Integration of UAV technology', 'utilization of advanced radar systems and sensors', and 'introduction of advanced communications technology' will be instrumental in the advancement of military aircraft and rotorcraft over the next three years
- Defense budget cuts and high costs are the leading potential barriers for advanced military aviation and rotorcraft across North America and Europe.
- According to the majority of executives,'intelligence and surveillance systems', 'anti-missile protection systems', and 'satellite communications' will record an increase in investment over the next three years.]
- Overall, the budget for military aviation and rotorcraft MRO expenditure is projected to increase over the next three years.
- PBL contracting is crucial for improving efficiency in investment towards military aviation MRO.
- PBL contracting drives cost savings, enhances efficiency, augments support, and creates measurable performance.
- Asia-Pacific is expected to experience the highest increase in MandA activity in military aviation MRO over the next three years.
- Executives from medium-sized companies within the military aviation and rotorcraft industry forecast an increase in expenditure on MRO services over the next three years
- Expenditure on research and development, information technology, and avionics within the military aviation and rotorcraft industry is set to increase in 2014-2016.
- Industry executives from Europe and Asia-Pacific are bullish about the demand for military aviation and rotorcraft in China and India over the next three years.
Order a copy of this report at http://www.rnrmarketresearch.com/contacts/purchase?rname=142152 .
Browse more reports on Aerospace Industry at http://www.rnrmarketresearch.com/reports/public-sector/defense/armored-vehicles/aerospace .
Media Contact: Priyank Tiwari, RnR Market Research, + 1 888 391 5441, [email protected]
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SOURCE RnR Market Research
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