The global outlook series on the aerospace and defense industry provides a collection of statistical anecdotes, market briefs, and concise summaries of research findings. Roundup of aerospace forecasts and predictions, 2016 overall, the aerospace manufacturing industry is beginning to ramp up in 2016. Kpmg internationals 2016 global aerospace and defense outlook is based on a survey of 76 senior aerospace and defense executives as part of kpmg internationals global manufacturing outlook survey. Approximately half of respondents are based in europe, while 21 percent are based in the americas. Aerospacedefense sector outlook improving despite global.
Sharing in growth experts deloitte say that after a strong year in 2018, the global aerospace and defense industry has experienced a descent in 2019. Our aerospace and defense team brings innovative thinking and executable strategies to the complex challenges you face. That sector has been a rocksolid end market for industrial firms such as boeing. With record growth in 2017, the 2018 aerospace industry outlook is strong. Annual analysis related to the eu air transport market 2016. Despite some global trade uncertainties created as a result of the u. This section contains only official communiques issued by industry, government agencies, international organizations or other agencies which defense aerospace. Moreover, after several years of contraction, the defense sector was returning to growth in 2016 fueled by increases in u. Moodys report is upbeat on the aerospace industry outlook. While the defense sector has continued to soar, growth in the commercial aerospace sector has slowed. Roundup of aerospace forecasts and predictions, 2016 ibaset. Industry wide revenue passenger kilometers rpks were up 6.
Reuters, the news and media division of thomson reuters, is the worlds largest international multimedia news provider reaching more than. Hanley, 2017 global aerospace and defense sector outlook. Despite that the aerospace and defence industry reported lower revenues in. Longterm demand for commercial aircraft and innovative technologies may hold the answer. Travel demand, new technologies, and security threats are fueling increases in aircraft production, defense budgets, and the global supply chain. Aerospace is one of the 16 broad zacks sectors within the zacks industry classification. Commercial aerospace industry aircraft order backlog analysis, 2016. Complemented by interviews with industry executives and kpmg professionals, the report offers insights and context for todays aerospace and defense.
His highestranked defense ideas are science applications. The 2011 2016 outlook for aerospace and defense in india. Global aerospace and defense outlook 1 2016 kpmg nternational cooperative kpmg nternational kpmg nternational provides no client services and is a swiss entity with which the independent member rms of the kpmg network are afliated 2016 kpmg nternational cooperative kpmg nternational kpmg nternational provides no client services and is a swiss. Europe is home to some of the largest companies in the global aerospace and defense industry, including bae. Growth in airplane deliveries will reaccelerate next year amid strong commercial demand, following a brief period of slower growth in 2016 as programs transition, which has modestly cooled profit. The competitive advantage of nations, with a new introduction new ed, macmilllan 1998.
We help find opportunities within the key trends shaping your industry. Aerospace and defense sector may keep flying high for. Full coverage of the aerospace and defense industries. Deloitte 2020 global aerospace and defence industry outlook siguk. There are signs that low oil prices may impact demand for new aircraft. Complemented by interviews with industry executives and kpmg professionals, the report offers insights and context for todays aerospace and defense manufacturers. The global aerospace and defense sector will likely rebound this year, with strong demand for consumer air travel, continued aircraft orders from growing economies, and escalating demand for innovative defense technologies leading the way, says tom captain, global. Assessment of an emerging aerospace manufacturing cluster and its.
Services committee, representative mac thornberry r tx, is. Insights about the consumer market industry in 2020 based on pwcs 23rd annual global ceo survey. In january 2016, the aerospace industries association aia partnered with business information group ihs markit to produce an economic impact study of the u. Approximately half of respondents are based in europe, while 21 percent. Increase in deliveries bodes well for aerospace outlook despite supplier risks, says moodys. The 20112016 outlook for aerospace and defense in india. Aerospace industries association the way to whats next. Aerospace is further subdivided into three industries at the expanded level. Faas the economic impact of civil aviation on the u. Kpmgs 2016 aerospace and defense outlook kpmg global. New york, june 01, 2016 the outlook for the global aerospace and defense industry remains positive, moodys investors service says in a new report.
Today, the industry is significantly smaller than it was in its heydayand that translates to more competition for fewer jobs. Aerospace reports georgia department of economic development. Illustrated with 63 factrich market data tables, the report offers a rudimentary overview of the industry, and highlights latest trends and demand drivers. Aerospace industry sales overall fell 5% in 2016, with an 11% decline in new orders. But this falls short, as more corporations cut their earnings estimates. His career includes 30 years as a consultant to the aerospace and defense sector, having advised and served companies glo. But productionrelated issues, cancelations, and fewer orders slowed growth in the commercial aerospace sector and the global aerospace and defense industry overall. European aerospace and defense industry statistics. But learning what factors are affecting the industry moving forward will help you to target your priorities to align with the most important drivers of growth in 2018 and beyond.
In commercial aerospace, industry sales rose slightly and production. Donald trumps ascension to the seat of the president seems to have created a winwin situation for the aerospace and defense industry. Record revenues, profits for the aerospace and defense industry in 2018. Some say its a game for power, while others say its. Services committee, representative mac thornberry rtx, is. The outlook for stocks in this space has improved manifold in. Bae systems, for example, acquired cloudsecurity company silversky and software company perimeter networking in.