|By PR Newswire||
|April 3, 2014 01:15 PM EDT||
LONDON, April 3, 2014 /PRNewswire/ -- Reportbuyer.com just published a new market research report:
China has emerged as the world's second largest country for the Aviation market. With a GDP growth rate of more than 7 percent, the country exhibits excellent opportunities, especially in the Aerospace market. Owing to this tremendous growth, there has been an increase in demand for commercial aircrafts by airline companies. The Chinese government is also increasingly encouraging Chinese companies to manufacture indigenous commercial aircrafts to meet the rising demand and also to boost the economic growth of the country. An increase in the Manufacturing sector would enhance the employment rates and GDP of the country.
The Commercial Aircraft market in China is growing steadily. The Commercial Aircraft Manufacturing market in China, the Commercial Aircraft Parts Manufacturing market in China, and the MRO market in China are growing at a CAGR of 3.78 percent, 9.37 percent, and 7.19 percent, respectively, during the period 2013-2018.
Source: TechNavio Analysis
There are several factors that drive the growth of the Commercial Aircraft market in China. One of the major drivers is the rapid economic growth in the country. This has resulted in the increase in demand among the burgeoning Middle Class Population segment. The growing middle class in China and surrounding countries increasingly prefers to travel by air for tourism, local business needs, and healthcare needs, owing to their increase in disposable income. This has urged the airline companies to purchase more commercial aircrafts to match the growing demand. Another major driver is the rapid growth of LCCs in the country, which offer low cost air fares.
Despite the presence of several drivers, the Commercial Aircraft market in China is curtailed by certain serious challenges. One of the main challenges in this market is the lack of compliance with safety standards. Chinese products are always accompanied with a skeptical view with regard to safety and reliability. This results in sluggish growth for the Commercial Aircraft market in China and other countries. Another major challenge is the lack of skilled workforce in Shanghai.
Despite the presence of these challenges, the Commercial Aircraft market in China is witnessing some impressive trends in the market. One of the key trends is the brewing competition among the aircraft manufacturers in China. China is planning to roll out its indigenous commercial 168-seater passenger aircraft, C919, by 2015. It is expected to set in tough competition for the other international aircraft manufacturers based in China. Another major trend in the market is the increasing strategic partnerships between international aircraft manufacturers and Chinese aircraft manufacturers and Chinese aircraft parts manufacturers. The Chinese market players aim to learn the technical know-how to enable themselves as future leaders in the market.
Research methodology is based on extensive primary and secondary research. Primary research includes in-depth interviews with industry experts, vendors, resellers and customers. Secondary research includes Technavio Platform, industry publications, company reports, news articles, analyst reports, trade associations and the data published by Government agencies.
01. Executive Summary
02. List of Abbreviations
03. Scope of the Report
03.1 Commercial Aircraft Manufacturing Market in China
03.2 Commercial Aircraft Parts Manufacturing Market in China
03.2.1 Gas Turbine Engines
03.2.2 Landing Gear
03.2.3 Windows and Windshields
03.2.6 Other Parts
03.3 MRO Market in China
03.3.1 Engine Services
03.3.2 Airframe Services
03.3.3 Components Services
04. Market Research Methodology
04.1 Market Research Process
04.2 Research Methodology
06. Market Landscape
06.1 Industry Overview
06.1.1 China: Market Snapshot
06.2 Macroeconomic Indicators in China
06.3 Five Forces Analysis
07. Commercial Aircraft Manufacturing Market in China
07.1 Market Overview
07.2 Supply Chain Analysis
07.3 Market Size and Forecast
07.4 Manufacturing Clusters of Commercial Aircraft Market in China
08. Commercial Aircraft Parts Manufacturing Market in China
08.1 Market Overview
08.2 Supply Chain Analysis
08.3 Market Size and Forecast
08.4 Manufacturing Clusters of Commercial Aircraft Parts Market in China
09. MRO Market in China
09.1 Market Overview
09.2 Supply Chain Analysis
09.3 Market Size and Forecast
09.4 Service Offering of MROs in China
09.5 MRO Services by Type
10. Key Market Activities
10.1 China Released an Aviation and Aerospace Development Plan
10.2 China's Aircraft Manufacturing Sets Tough Competition for Airbus and Boeing
10.3 COMAC Teams Up with Boeing to Set Up a Research Center
10.4 Expansion of MRO Facilities in China
10.5 Mergers and Acquisitions
10.6 Final Assembly Line China Proposed for Project Extension
10.7 Boeing Shanghai Enters Shanghai Pudong Airport Free Trade Zone
11. Trading Services in China
11.1.1 Major Airports in China
12. Training Institutes in China
13. Market Growth Drivers
14. Drivers and their Impact
15. Market Challenges
16. Impact of Drivers and Challenges
17. Market Trends
18. Trends and their Impact
19. Vendor Landscape
19.1 Competitive Scenario
19.1.1 Commercial Aircraft Manufacturing Market
19.1.2 Commercial Aircraft Parts Manufacturing Market
19.1.3 MRO Market
19.2 Major Players in Commercial Aircraft Market in China
19.3 Other Prominent Vendors
19.4 Industry Associations
20. Key Vendor Analysis
20.1 Airbus China Limited
20.1.1 Business Overview
20.1.2 Business Segmentation
20.1.3 Key Information
20.1.4 SWOT Analysis
20.2 Boeing Shanghai Aviation Services Co. Ltd.
20.2.1 Business Overview
20.2.2 Service Segmentation
20.2.3 Key Information
20.2.4 SWOT Analysis
20.3 Boeing Tianjin Composites Co. Ltd.
20.3.1 Business Overview
20.3.2 Key Information
20.3.3 SWOT Analysis
20.4 Hong Kong Aircraft Engineering Company Limited (HAECO)
20.4.1 Business Overview
20.4.2 Business Segmentation
20.4.3 Key Information
20.4.4 SWOT Analysis
21. Other Reports in this Series
List of Exhibits
Exhibit 1: Market Research Methodology
Exhibit 2: Aircraft Manufacturing Market in China
Exhibit 3: Commercial Aircraft Market in China 2013
Exhibit 4: Commercial Aircraft Manufacturing, Commercial Aircraft Parts Manufacturing, and MRO Markets in China
Exhibit 5: Supply Chain of Commercial Aircraft Manufacturing Market in China
Exhibit 6: Commercial Aircraft Manufacturing Market in China 2013-2018 (US$ billion)
Exhibit 7: Manufacturing Clusters of Commercial Aircraft Market in China
Exhibit 8: Supply Chain of Commercial Aircraft Parts Manufacturing Market in China
Exhibit 9: Commercial Aircraft Parts Manufacturing Market in China 2013-2018 (US$ billion)
Exhibit 10: Manufacturing Clusters of Commercial Aircraft Parts Market in China
Exhibit 11: Supply Chain of MRO Market in China
Exhibit 12: MRO Market in China 2013-2018 (US$ billion)
Exhibit 13: Service Offering of MROs in China
Exhibit 14: MRO Services by Type
Exhibit 15: Major Airports in China
Exhibit 16: Global Jet Oil Prices 2009-2012 (US$ per barrel)
Exhibit 17: Airbus China Limited: Business Segmentation
Exhibit 18: Boeing Shanghai Aviation Services Co. Ltd.: Service Segmentation
Exhibit 19: HAECO: Business Segmentation
Airbus, COMAC, Xi'an Aircraft Company, Shaanxi Hong Yuan Aviation Forging Company Ltd., Chengdu Aircraft Corporation, Shenyang Aircraft Corporation, Shanghai Aircraft Manufacturing Factory, Ameco Beijing, Boeing Shanghai Aviation Services Co., Guangzhou Aircraft Maintenance & Engineering Co. Ltd. (GAMECO), HAECO, and TAECO
Read the full report:
Commercial Aircraft Market in China 2014-2018
"We've just seen a huge influx of new partners coming into our ecosystem, and partners building unique offerings on top of our API set," explained Seth Bostock, Chief Executive Officer at IndependenceIT, in this SYS-CON.tv interview at 16th Cloud Expo, held June 9-11, 2015, at the Javits Center in New York City.
Aug. 2, 2015 10:00 PM EDT Reads: 676
Mobile, social, Big Data, and cloud have fundamentally changed the way we live. “Anytime, anywhere” access to data and information is no longer a luxury; it’s a requirement, in both our personal and professional lives. For IT organizations, this means pressure has never been greater to deliver meaningful services to the business and customers.
Aug. 2, 2015 07:15 PM EDT Reads: 216
Digital Transformation is the ultimate goal of cloud computing and related initiatives. The phrase is certainly not a precise one, and as subject to hand-waving and distortion as any high-falutin' terminology in the world of information technology. Yet it is an excellent choice of words to describe what enterprise IT—and by extension, organizations in general—should be working to achieve. Digital Transformation means: handling all the data types being found and created in the organizat...
Aug. 2, 2015 06:00 PM EDT Reads: 1,122
SYS-CON Events announced today that HPM Networks will exhibit at the 17th International Cloud Expo®, which will take place on November 3–5, 2015, at the Santa Clara Convention Center in Santa Clara, CA. For 20 years, HPM Networks has been integrating technology solutions that solve complex business challenges. HPM Networks has designed solutions for both SMB and enterprise customers throughout the San Francisco Bay Area.
Aug. 2, 2015 05:45 PM EDT Reads: 505
Chuck Piluso presented a study of cloud adoption trends and the power and flexibility of IBM Power and Pureflex cloud solutions. Prior to Secure Infrastructure and Services, Mr. Piluso founded North American Telecommunication Corporation, a facilities-based Competitive Local Exchange Carrier licensed by the Public Service Commission in 10 states, serving as the company's chairman and president from 1997 to 2000. Between 1990 and 1997, Mr. Piluso served as chairman & founder of International Te...
Aug. 2, 2015 04:00 PM EDT Reads: 416
The Software Defined Data Center (SDDC), which enables organizations to seamlessly run in a hybrid cloud model (public + private cloud), is here to stay. IDC estimates that the software-defined networking market will be valued at $3.7 billion by 2016. Security is a key component and benefit of the SDDC, and offers an opportunity to build security 'from the ground up' and weave it into the environment from day one. In his session at 16th Cloud Expo, Reuven Harrison, CTO and Co-Founder of Tufin,...
Aug. 2, 2015 03:00 PM EDT Reads: 544
Container technology is sending shock waves through the world of cloud computing. Heralded as the 'next big thing,' containers provide software owners a consistent way to package their software and dependencies while infrastructure operators benefit from a standard way to deploy and run them. Containers present new challenges for tracking usage due to their dynamic nature. They can also be deployed to bare metal, virtual machines and various cloud platforms. How do software owners track the usag...
Aug. 2, 2015 02:00 PM EDT Reads: 247
SYS-CON Events announced today that MobiDev, a software development company, will exhibit at the 17th International Cloud Expo®, which will take place November 3–5, 2015, at the Santa Clara Convention Center in Santa Clara, CA. MobiDev is a software development company with representative offices in Atlanta (US), Sheffield (UK) and Würzburg (Germany); and development centers in Ukraine. Since 2009 it has grown from a small group of passionate engineers and business managers to a full-scale mobi...
Aug. 2, 2015 12:00 PM EDT Reads: 342
With SaaS use rampant across organizations, how can IT departments track company data and maintain security? More and more departments are commissioning their own solutions and bypassing IT. A cloud environment is amorphous and powerful, allowing you to set up solutions for all of your user needs: document sharing and collaboration, mobile access, e-mail, even industry-specific applications. In his session at 16th Cloud Expo, Shawn Mills, President and a founder of Green House Data, discussed h...
Aug. 2, 2015 11:45 AM EDT Reads: 479
For IoT to grow as quickly as analyst firms’ project, a lot is going to fall on developers to quickly bring applications to market. But the lack of a standard development platform threatens to slow growth and make application development more time consuming and costly, much like we’ve seen in the mobile space. In his session at @ThingsExpo, Mike Weiner, Product Manager of the Omega DevCloud with KORE Telematics Inc., discussed the evolving requirements for developers as IoT matures and conducte...
Aug. 2, 2015 11:15 AM EDT Reads: 354
There are many considerations when moving applications from on-premise to cloud. It is critical to understand the benefits and also challenges of this migration. A successful migration will result in lower Total Cost of Ownership, yet offer the same or higher level of robustness. In his session at 15th Cloud Expo, Michael Meiner, an Engineering Director at Oracle, Corporation, analyzed a range of cloud offerings (IaaS, PaaS, SaaS) and discussed the benefits/challenges of migrating to each offe...
Aug. 2, 2015 11:00 AM EDT Reads: 172
One of the hottest areas in cloud right now is DRaaS and related offerings. In his session at 16th Cloud Expo, Dale Levesque, Disaster Recovery Product Manager with Windstream's Cloud and Data Center Marketing team, will discuss the benefits of the cloud model, which far outweigh the traditional approach, and how enterprises need to ensure that their needs are properly being met.
Aug. 2, 2015 09:00 AM EDT Reads: 1,698
In their session at 17th Cloud Expo, Hal Schwartz, CEO of Secure Infrastructure & Services (SIAS), and Chuck Paolillo, CTO of Secure Infrastructure & Services (SIAS), provide a study of cloud adoption trends and the power and flexibility of IBM Power and Pureflex cloud solutions. In his role as CEO of Secure Infrastructure & Services (SIAS), Hal Schwartz provides leadership and direction for the company.
Aug. 2, 2015 08:15 AM EDT Reads: 182
In a recent research, analyst firm IDC found that the average cost of a critical application failure is $500,000 to $1 million per hour and the average total cost of unplanned application downtime is $1.25 billion to $2.5 billion per year for Fortune 1000 companies. In addition to the findings on the cost of the downtime, the research also highlighted best practices for development, testing, application support, infrastructure, and operations teams.
Aug. 2, 2015 07:00 AM EDT Reads: 179
The Internet of Everything (IoE) brings together people, process, data and things to make networked connections more relevant and valuable than ever before – transforming information into knowledge and knowledge into wisdom. IoE creates new capabilities, richer experiences, and unprecedented opportunities to improve business and government operations, decision making and mission support capabilities.
Aug. 1, 2015 10:00 AM EDT Reads: 334