Monday, July 22, 2019
News
NEWS HOME
»
PRN INDIA
Commercial Aircraft Production to Hit Record High in 2019 with Renewed Competition between Airbus and Boeing
  SocialTwist Tell-a-Friend  
   

Digitalisation  of platforms helps OEMs find a wide range of application opportunities, finds Frost & Sullivan

LONDON, June 13, 2019 /PRNewswire/ --  The revival of competition between Boeing and Airbus is expected to result in record delivery of the highly popular narrow-body platforms and a 9.4% year-on-year growth in production. Boeing and Airbus will produce more than 1,750 aircraft in 2019, up from 1,606 units in 2018, and propel the market towards $258.95 billion. Boeing will receive a boost once it finalises its deal for Embraer's airliner business in 2019 to counter Airbus's acquisition of Bombardier's C Series program; it will continue to develop its new mid-market aircraft (NMA) platform and position itself for growth in next-generation markets.

"Aircraft OEMs and suppliers will continue to focus on  digitalisation  of platforms  for streamlining flight operations, planning and scheduling, sales and distribution, marketing, disruption management, and technical operations," said Timothy Kuder, Research Analyst, Aerospace & Defense. "Top aerospace companies as well as entrants are investing in R&D centered on electrical propulsion, generation, distribution, storage, and conversion."

Frost & Sullivan's recent analysis, 2019 Global Commercial Aerospace Outlook, analyses the current market landscape of the commercial aerospace industry at a global level. It covers the regions of Asia-Pacific, Europe, North America, Middle East and Africa, and Latin America.

For further information on this analysis, please visit: http://frost.ly/3j2

"Asia-Pacific will experience the highest growth in terms of aircraft deliveries and will sustain this position in the future. However, North America and Europe will continue to be the largest suppliers of aircraft," noted Kuder. "In terms of technologies, advanced composite materials, additive manufacturing, and electrification will disrupt the design and construction of platforms, while digitalisation of aviation has already evolved into a $1.5 billion business."

For additional growth opportunities, aircraft suppliers and MRO facilities will look to:

  • Adopt digital technologies like Blockchain, which can contribute to the mandated traceability requirements of many aerospace digital services.
  • Develop technologies such as fibre metal laminate (FML).
  • Seek opportunities to be vertically integrated with suppliers and OEMs.
  • Foster global partnerships covering new regions, especially in the narrow body markets.
  • Focus on collaboration, partnerships, and cross-industry relationships to achieve wider implementation.
  • Prepare for the servicing of next-generation airframes and engines.

2019 Global Commercial Aerospace Outlook is part of Frost & Sullivan's global Aerospace research and analysis available through the Frost & Sullivan Leadership Council, which helps organisations identify a continuous flow of growth opportunities to succeed in an unpredictable future.

About Frost & Sullivan

For over five decades, Frost & Sullivan has become world-renowned for its role in helping investors, corporate leaders and governments navigate economic changes and identify disruptive technologies, Mega Trends, new business models and companies to action, resulting in a continuous flow of growth opportunities to drive future success. Contact us: Start the discussion.

2019 Global Commercial Aerospace Outlook
K35B-22

Contact:
Jacqui Holmes
T: +64 (0) 3 548 4842
E: jacqui.holmes@frost.com

http://ww2.frost.com

More News by PR Newswire India

2019 World Brain Day Takes Aim at Migraine

Ganapati to Exclusively Produce Manny Pacquiao Slot Game

The Office of Solms Baruth: Grandson of Anti-Hitler Plotter Escalates Land Restitution Case

BrightCode, A Blockchain-based Commodity Confidence Index Initiated by VeChain and Bright Food, Introduces How VeChainThor Blockchain Empowered Their Business

National Car Rental's Emerald Club Earns the Brand Top Recognition by Travel + Leisure

Victor Restis Sues The American Interest, Inc. For Damages For Defamation And False Light

Cairn Oil & Gas Leads the Way in Digitalization of Indian E&P Sector; Signs MoU With 5 Digital Start-ups in DigiXplore 2019

Working to Lower Costs & Eliminate Barriers to Access for Students Worldwide, International Baccalaureate Eliminates its Student Exam Registration Fee

XCMG Global Operator Excellence Program Prepares All-around Talent for Construction Machinery Industry

Transforming Advantages into Quality Products: Yili to Enter Southeast Asian Market to Bolster Local Industry

Zinnov Awards 2019 Recognizes the Titans of Tech, Organizations Breaking New Ground, and the Leaders Who are the Harbingers of Change

Tyre Dealers Trust Tyremarket.com for Giving Them Digital Exposure and Increasing Sales

The Legend Returns! WCG 2019 XI'AN Grand Final Begins

Venture Global Secures Binding Commitments of over $10 billion for its $5.8 billion Calcasieu Pass LNG Construction Financing

LVC, COTS, and TaaS Models Transforming Military Training and Simulation Market

RENBDO Pre-ICO Creates Opportunities for Investors

Young Living Acquires Nature's Ultra

GEP Wins Top Honors in Procurement Consulting at CIPS Supply Management Asia Awards in Singapore

Adoption of Service-based Model Spurs Growth in the Global Medical Imaging Industry

STANLEY Healthcare Earns Acclaim from Frost & Sullivan for Its Portfolio of RTLS Solutions

Clarivate Analytics introduces Cortellis Content-as-a-Service (CaaS) to accelerate drug discovery and development

Ultra Sale on Tokinex Completed in 35 Seconds

International Recording Artist B.WinA - BRENT WINTER releases inaugural single 'THE WAY'

STL Delivers 63% Growth, Sets up FY20 for Large Data Network Innovations

Phunware Awarded Company of the Year by Frost & Sullivan for Multiscreen as a Service Platform

One of the world's leading certification bodies DNV GL speaks out about VeChainThor Blockchain after using the public blockchain for one year

Frost & Sullivan Honors Industry Leaders for Best Practices in Innovation and Leadership

Merck and Broad Institute Announce CRISPR License Framework to Encourage Innovation

Risk Perceptions and Debt Financing Terms Have Improved for Solar PV and Wind, Suggests the 2019 'Clean Energy Investment Trends' Report From CEEW and IEA

Bunge Loders Croklaan Opens New Oils Processing Facility in China

OPPO Offers a Bigger and Better Experience With A9

Dream11 Becomes the Official Fantasy Game Partner for the European Cricket League (ECL)

Yili Ranked as Third Most Valuable Food Brand in the World and Most Valuable in Asia

CapBridge Partners Hana Financial Investment to Extend Footprint in South Korea

Rostec to Produce Inflatable Buildings

DLF Promenade Launches FASHIONATION

Elbit Systems Participated in Lockheed Martin's Supplier Conference in India

Azure Power Appoints a Chief Executive Officer and a President

Thomson Reuters Launches 'TR IGNITE' the Asia Pacific Technology Investment Programme, offering startups the opportunity to pitch for up to US $250,000

YAO Network: A Revolutionary Model for an Unprecedented Success

Yotel Announces Ambitious Growth Plans for Australia and First Flagship Hotel in Melbourne

AAIC® 2019 Highlights New Research Showing Healthy Lifestyle May Offset Environmental and Genetic Risk of Alzheimer's Disease

Best Practices to Manage New Cyber Risks for Healthcare Professionals as Data Conquers the Healthcare Industry

MOBI Announces the First Vehicle Identity (VID) Standard on Blockchain in Collaboration with Groupe Renault, Ford, and BMW Among Others

Major Changes to EB-5 Program Approaching

Radiflow Commended by Frost & Sullivan for Elevating Customer Experience through its iSID Detection and Analysis Platform

Innoviti Gets an Ex-parte Injunction in a Case Against Pine Labs for Infringement on its Patent for Technology Enabling UPI Payments at POS terminals

Tapad and AdsWizz Partner to Enable Digital Identity Resolution Across Audio Ad Campaigns

Blockchain Start-up RENDBO Ready to Launch Pre-ICO

Gallop.ai merges with Japanese travel major Amnet

Aon names Darren Zeidel as General Counsel

CarLabs Earns Acclaim from Frost & Sullivan for its AI-based Customer Engagement and Marketing Platform

Management Change at TEMSA

Retail Outlets Make Life Sweeter at Rustomjee Urbania

Sugar Technologist's Association of India Honours Mr. B.B. Mehta, Whole Time Director, Dalmia Bharat Sugar and Industries Limited With Lifetime Achievement Award

Icertis Cements Undisputed CLM Market Leadership with $115 Million Round

CleverTap Names Miten Mehta as Chief Alliance Officer to Head its Global Partnership Ecosystem

New Frontier Group, industry leader in Cost Containment and Assistance Solutions, announces the arrival of its newest management team member to its rapidly expanding company

ELECRAMA 2020: Evolution of New Electricity Era

energyOrbit Announces Service to Manage Infrastructure for Energy Efficiency Programs for Utilities and Implementors

RummyCircle Signs Prosenjit Chatterjee as Brand Ambassador

Gartner's Software Advice Names Bright Pattern FrontRunner for Call Center Software

MCI's European Doctoral Program Successfully Confirmed

ThoughtWorks to Conduct the First Multi-city Edition of Vapasi in India

SOLV Invites Techies to Hack its Digital Billboards Across Bengaluru, Becomes 1st in India to Pioneer a New-age Hiring Practice

Evija: Lotus Unveils World's Most Powerful Production Car

Stenn Closes $200m Securitisation With Natixis, Further Extending Its International Trade Finance Programme Toward a Multi-billion Target

Ideagen Confirms Decade of Successive Growth in Strong End of Year Results

Excelity Global Announces Strategic Alliance With Trans Skills to Expand Into META Region

Linode Expands Global Data Center Network to India

Zeal Global Group to Lead Rossiya Airlines' Cargo Operations to Goa

Zinnov Says RPA Services Market set to Witness a Mammoth 47% Growth to Reach $ 4B by FY2024

StatusToday Surpasses 1000 Live Companies and Named Gartner Cool Vendor for AI

Russell Reynolds Associates Hires Pankaj Arora

YAO Network: The Blockchain Paradise Developers Have Been Waiting For

Menarini Silicon Biosystems Launches VRNxT Volume Reduction Instrument

Premia Partners introduces global first MSCI Vietnam ETF and first low-cost US Treasury Floating Rate ETF designed for Asia as investors position for market uncertainties amid trade discussions

Breville Group Acquires ChefSteps

Exact Imaging Commended by Frost & Sullivan for ExactVuâ„¢, its Micro-Ultrasound System for Targeted Prostate Biopsies

Bhuwan Chauhan, a Mon Ethos Pro athlete, wins first place at the Vancouver Pro/Am bodybuilding competition on Sunday

MicroPilot Nears DO-178C Certification

Havas Health & You Launches Havas ECS, First Major Network Strategic Communications Advisory And Training Company Focused On Increasing Scientific Understanding Of Cannabinoids

Birch Grove Capital Selects ClearStructure Financial Technologies' Sentry PM as its Portfolio Management Solution

TMP Worldwide Acquires Perengo- A Leader in Programmatic Recruitment

Deluxe Earns Acclaim from Frost & Sullivan for Its Cloud-Based Platform, Deluxe One

Medtalks Emerges as India's Leading Digital Platform for Integrated Healthcare Communications

Siklu Appoints Ronen Ben-Hamou as New CEO Leading the Wave of 5G mmWave Applications

OPPO Strengthens India Leadership; Appoints Sumit Walia as Vice President, Product & Marketing

Stringent Regulations and Environmental Concerns Drive Demand for Higher-end Protective and Antifouling Marine Coatings

The Killers to Headline Sunday Night Yasalam After-Race Concert at 2019 Abu Dhabi Grand Prix

Helo spreads 'Ever Green Love', 100 users get a tree in their name

Quectel Announces Listing on Shanghai Stock Exchange

Merck's Embracing Carersâ„¢ Launches 'Time Counts' to Raise 1 Million Minutes of Support for Carers

Bringing Transparent Peer Review to the Physical Sciences and Beyond

The Menarini Group Celebrates the Champions of Fair Play

Vakrangee to Set-up Electric Vechicle (EV) Charging Infrastructure Across India

1mg Introduces Diabetes Care Plan to Reduce Medical Expenditures by Half

Singapore Technology Company JEDTrade launches Jupiter Chain, one of Southeast Asia's first blockchain-enabled smart, consentable data exchange platform

SCIKEY Goes Global With Finland Funding Boost

Floating Solar: Philippines Switches On It's First Hybrid Floating Photovoltaic Hydro Power Project

SaaS Version of Premium Container Carrier Operations Solution ALLEGRO to be a Gamechanger

YAO Network: An Outlier Set to Disrupt the Blockchain Status Quo

Supermicro Brings Unprecedented Performance and Configurability to the Intelligent Edge for New Security, 5G, and AI Solutions

OKEx's Token Surged 163% and Will See Continued Growth, Blockchain Investment Firm Forecasts

JinkoSolar Commended for Its High-efficiency Solar Module Technology by Frost & Sullivan

Free EB-5 Visa Consultations In Dubai, India And South Africa

Space in Africa Closes Investment Round; Expands Staff to Eleven People Across Five African Nations

Advances In The Global Search For Blood Markers For Alzheimer's Disease And Other Dementias

Remote Patient Monitoring to Radically Transform Healthcare Services Using IoT and Big Data

Industrial IOT Gives Rise To New Growth Opportunities In The Global Automation Market

Spencer Stuart Launches New Unit Formed from the Talent-Related Businesses it Acquired from Aon

XM Cyber Applauded by Frost & Sullivan for Its Automated and Continuous APT Simulation and Remediation Platform, HaXM

The Global Fishery Forum Discussed the Present and Future of the Fishing Sector

Dusk Network Announces Listing of DUSK Token on Bitfinex, Bittrex International and Ethfinex

PeopleStrong Rebrands its Recruitment Business as Taggd

Rakhi.in Prepares for PAN India Services, Launches its Range of Region-based Rakhis

NCR Recorded Gross Absorption of 4.4 Million sq ft in H1 2019, 28% Lower Than H1 2018: Colliers International India

Bengaluru, Chennai, and Hyderabad Recorded Gross Absorption of 14 Million sq ft in H1 2019: Colliers International India

Mumbai and Pune Recorded Office Gross Absorption of 5.9 Million sq ft in H1 2019: Colliers International India

Industree Foundation Awarded the White House-led W-GDP Grant Through USAID

High Court of Bombay Drops Charges Against Gaurang Doshi in 'Wilful Breach of Court Order' Case

Sociowash Bags the 'Marketing Agency of the Year' Award, Rubeena Singh Wins the 'Marketing Influencer of the Year' at mCube 2019

China's Lvliang explores path for high-quality, clustering development of coking industry

ZorroSign - One of the Pioneers in Global Electronic & Digital Signature Launches in India

Artprice100(C): The Art Market's Blue-chip Artists Yield Nearly as Much as the Top Performing Companies in the American Economy

NTT DATA Presents the Future of Digital Acceleration

NeoNiche Organises Largest IT User Event in Indian History - AWS Summit Mumbai 2019

Family Nest Real Estates Pvt. Ltd. Bagged the High Flyers Award in London

YAO Network Makes BaaS 3.0 a Reality

Lifestyle Interventions Provide Maximum Memory Benefit When Combined; And May Offset Elevated Alzheimer's Risk Due To Genetics, Pollution

Bollywood Superstar Mr. Sanjay Dutt Becomes a Brand Partner for India's Largest Sales-as-a-Service Platform Avenue Growth

OPPO Continues Its K Series Journey With the Launch of OPPO K3

Nuvoco Wins the Golden Peacock Occupational Health & Safety Award 2019

OPPO Breaks Ground on New Chang'an R&D Center to Accelerate Global Innovation Strategy

World Bank Group's Agri Insuretech Challenge Awards Nine Entrepreneurs for Innovative Agriculture Solutions

 
 
TRENDING TOPICS
 
 
CITY NEWS
MORE CITIES
 
 
INDIA WORLD ASIA
Omar corners Governor Malik over his sta...
Karnataka rebel MLAs seek SC order for f...
Two women drown while swimming off Juhu ...
Two Karnataka MLAs move SC for immediate...
MP Assembly meets on Sunday, conducts pr...
Bengal BJP dubs Trinamool Martyrs' Day r...
More...    
 
 Top Stories
After criticism, Pak aviation autho... 
Pakistani actor's wife accuses him ... 
Two women drown while swimming off ... 
Two Karnataka MLAs move SC for imme... 
100 weeks of Dadar beach cleanup: E... 
Sameera’s son ‘fascinated’ by... 
MP Assembly meets on Sunday, conduc... 
Bengal BJP dubs Trinamool Martyrs' ...