Aerospace and Defense Industry

Abstract

The global outlook series on Baked Goods provides a collection of statistical anecdotes, market briefs, and concise summaries of research findings. An easy guide to What, Why, When, How, Where, and Who of an industry, the report provides a bird' s eye view of the industry, its product market segments, and evolving trends shaping future growth. The report offers an understanding of the significance of changing lifestyles, and the ensuing importance of convenience as a crucible of success, the implications boded by growing consumer health awareness, and the simple math underlying product innovation strategies. The report also takes a peek into the changing retailing trends, pricing pressures, the regulatory environment, and outlines recent mergers, acquisitions, and strategic developments. A detailed discussion punctuated with 28 tables, and accompanying graphs/charts, summarizes the market' s structure in the US. Other regional markets synopsized to offer the reader a prelude include Canada, Japan, France, Germany, Romania, Russia, Spain, Switzerland, Ukraine, United Kingdom, Australia, China, India, Hong Kong, South Korea, Indonesia, Saudi Arabia, Chile, Colombia, Mexico and Venezuela, among others. Also included is an indexed, easy-to-refer, fact-finder directory listing the addresses, and contact details of 963 companies worldwide.

Table of Contents

1. Industry Overview 1

• Year 2006 Review 1
• Civil and Defense Relationships 1
• Cyclical Nature of the Industry 2
• A Capital-Intensive Industry 2
• Aircraft Industry Structure and Organization 2
• Middle East and Asia-Pacific Drives in the Airfreight Sector 2
• China to Emerge as a Formidable Player 2
• Futuristic Aircraft Market 3
• Aeronautical Systems: An Insight into the Future 3
  • Advanced Subsonic Transports and Military Aircraft 3
    • Table 1: Global Military Aircraft Market (2007): Percentage Breakdown of Unit Sales for Lockheed Martin, Eurofighter, Chengdu Aircraft, Boeing, Sukhoi, and Others 3
  • Supersonic Aircraft 3
  • Hypersonic/Transatmospheric Vehicles 3
• Research & Development in Aircraft Industry 4
• Helicopters - Braving Winds of Turbulence 4
  • Table 2: Global Helicopter Market (2006): Percentage Breakdown of Revenues for Eurocopter, Agusta Westland, Sikorsky, Boeing, and Bell Helicopter 5
• Military Sector Provides Opportunity to Commercial Aircraft MRO Market 5
  • Table 3: Global Military Aircraft (2007): Percentage Breakdown of MRO Spending by Segment - Field Maintenance, Airframe Heavy, Component Overhaul, Engine Overhaul, and Reconstitution/Reset 5
• Trends and Issues 5
  • Technology Binds Global Aviation and Defense Industry 5
  • Transatlantic Deals Resurface 6
  • Outsourcing Dictates Future 6
  • Low Cost Carriers on an Upsurge 6
  • Airbus Edges Out Boeing in Commercial Aircraft Segment 6
  • Regional Tensions Increase Military Aircraft Sales 7
    • Military Transport Aircraft Production Expected to Rise 7
    • Fractional Ownership - An Emerging Business Option 7
    • Environmental Issues - Increasing Focus 8
    • Regulatory Trends in the Aircraft Industry 8
    • Current Icing Potential - A Tool to Prevent In-Flight Icing 8
    • NASA Develops New Acoustic Control Technique 9

2. Product Overview 9

• Commercial Aircraft 9
  • Narrow Body Aircraft 9
  • Wide Body Aircraft 9
• General Aviation Aircraft 9
  • Turboprops 9
  • Ultra Light Aviation 9
  • Rotorcraft 10
• Military Aircraft 10
• Engines and Parts 10
  • Air-to-Air Missile Sector: Striking it Rich 10
  • Avionics Systems Hog Limelight After the ' 09/11' Events 10
  • Table 4: Global Aerospace Avionics Market (2007): Percentage Breakdown of Value Sales by Type - Communication Systems, Integrated Systems, Surveillance Systems, and Navigation Systems 10
  • Table 5: World Commercial Air Transport Avionics Market (2006-2010): Value in US$ Billion 11
  • UAV Sector Needs Regulatory Body 11
  • The Airbus A380: A Solution for Traffic Congestion-Related Problems? 11
• Outlook 11
  • Aircraft & Engine MRO Sector: Competition to Intensify 11
  • Commercial Aircraft Component MRO Market Undergoing Strategic Change 12
  • PMA Market to Reshape the MRO Sector 12
  • Engine MRO Market 13
    • Engines Lead the Growth of the MRO Market 13
  • Asia-Pacific - Offering High Growth Potential 14
  • The US and European Defense-Related Sectors 15
    • Table 10: Global Aerospace and Defense Industry (2005): Percentage Breakdown of Spending by Region/Country - USA, China, Russia, UK, Japan, France, Germany, and Others 15
  • Intelligence, Surveillance and Reconnaissance Market 15
  • Demand for Military Avionics to Increase 15
    • Table 11: Leading Players in the Global Military Aircraft Market (2005): Percentage Breakdown of Value Sales for Lockheed Martin, Eurofighter, Boeing, Irkut, and Others 16
    • Table 12: Global Military Aircraft Market (2005): Percentage Breakdown of Value Sales by End-Use Application - Fighter Attack, Special Mission, Strategic Airlift, Mobility, and Others 16
  • Market for Business Jets 16
  • Business Jet Market: End of Tougher Times? 16
    • Table 13: Global Commercial Aircraft Market (2005): Percentage Breakdown by Aircraft Type - Single-Aisle and Wide-body 17
    • Table 14: Global Aviation Market (2005): Number of Aircrafts by Type - Single-Aisle Jets, Twin-Aisle Jets, Regional Jets, and 747 & Larger Jets 17
    • Table 15: Global Large Commercial Aircraft Market (2005): Deliveries by Company - Boeing and Airbus 17
  • Regional Jet Market Growing 17
    • Table 16: Global Regional Jet Aircraft Market (2005): Deliveries by Company - Bombardier and Embraer 17
    • Table 17: Global Business Jet Market (2005): Percentage Breakdown of Deliveries for Bombardier/Learjet, Cessna Aircraft, Gulfstream Aerospace, Raytheon Aircraft, Dassault, and Others 18
    • Table 18: Leading Players in the Global Business Jet Market (2005): Percentage Breakdown of Volume Sales for Bombardier, Cessna (Textron), Raytheon, Dassault, Gulfstream (General Dynamics), and Others 18
    • Table 19: Leading Players in the Global Business Jet Market (2005): Percentage Breakdown of Value Sales for Bombardier, Gulfstream (General Dynamics), Cessna (Textron), Dassault, and Raytheon 18
    • Table 20: Leading Players in the Global Medium Business Jet Market (2005): Percentage Breakdown of Volume Sales for Raytheon, Bombardier, Gulfstream, and Others 18
    • Table 21: Leading Players in the Global Business Jets Fractional Ownership Market (2005): Percentage Breakdown of Sales for NetJets, Flight Options, Flexjet, and Others 19
    • Table 22: Leading Players in the Global Regional Small Jet Market (2005): Percentage Breakdown of Volume Sales for Boeing, Airbus, Embraer, Bombardier, and Others 19
  • Engine Market - Mirroring Growth 19
    • Opportunities for Engine Manufacturers 19
  • Aerospace R&D Expenditure Heading Towards All-time High 19
    • Table 23: Leading Players in the Global Missile Market (2007): Percentage Breakdown of Unit Sales for Raytheon, NORINCO, CNPMIEC, MBDA, Javelin JV, and Others 20
    • Table 24: Global Missile Market (2007): Percentage Breakdown of Value Sales by Segment - Air Defense, Air-to-Surface, Air-to-Air, Anti-Armor, Anti-Ship, and Surface-to-Surface 20
    • Table 25: Leading Defense Contractors in the Global Missiles Market (2005): Percentage Breakdown of Value Sales for Lockheed Martin, Raytheon, Northrop Grumman, General Dynamics, Motorola, and Others 20
  • Major Highlights 20
    • Defense Budgets - A Paradigm Shift 20
    • Rise of Conglomerates 20
    • Threat Perceptions - Governments Initiatives 21
• Revenue Growth, Orders and Backlog Issues 21
  • Table 26: Global Aerospace Market (2006): Backlogs in Units for Large Commercial Aircraft by Region - North America, Europe, Asia, Middle East, and Others 21
  • Table 27: Global Regional Aircraft Market (2005): Orders by Manufacturer (Aircraft Type) in Units for Turboprops - Bombardier (de Havilland Canada), and ATR (France-Italy) 21
  • Table 28: Global Regional Aircraft Market (2005): Orders by Manufacturer (Aircraft Type) in Units for Jet Airplanes - Bombardier Canadair (Canada), Embraer (Brazil), Avic 1 (China), and RRJ (Russia) 22
  • Table 29: Global Regional Aircraft Market (2005): Deliveries by Manufacturer (Aircraft Type) in Units for Turboprops - Bombardier (de Havilland Canada), and ATR (France-Italy) 22
  • Table 30: Global Regional Aircraft (2005): Deliveries by Manufacturer (Aircraft Type) in Units for Jet Airplanes - Bombardier Canadair (Canada), and Embraer (Brazil) 22
• Advanced Guidance/Seeker Technology 22
  • Active Radar 22
  • Imaging Infrared Focal Plane Array 23
  • Command-Inertial Guidance 23
  • Dual-Mode Seekers 23
  • Other Technologies 23
• High-Speed Data Link Communications Systems to Spell Doom for Radars 23
  • What the Future Holds? 24
• Air-to-Air Missiles: The Evolving Competitive Landscape 24
  • Raytheon - The Numero Uno 24
  • Russia - A Rough Ride 24
  • Emerging Markets 24
• Unmanned Aerial Vehicle - A High Potential Segment 25
• Naval Sensors: An Overview 25
• Space Market (Launch Vehicles and Satellites) 25

3. Mergers and Acquisitions 26

4. Strategic Corporate Developments 36

5. Product Launches 43

FOCUS ON SELECT REGIONAL MARKETS

1. North American Perspective 45

• Table 31: Leading Players in the North American Aircraft (Military) Coatings Market (2005): Percentage Breakdown of Sales for Deft, PPG, Dexter, and Others 45
• Table 32: Leading Players in the North American Aircraft (Commercial) Coatings Market: Percentage Breakdown of Sales for PPG, Dexter, Deft, and Others 45
• Table 33: Leading Players in the North American Small Business Jet Market (2005): Percentage Breakdown of Value Sales for Cessna, Raytheon, and Bombardier 45
• Table 34: Leading Players in the North American Large Business Jet Market (2005): Percentage Breakdown of Value Sales for Gulfstream, Bombardier, and Dassault 45
• Table 35: Leading Players in the North American Full Flight Simulators Market (2005): Percentage Breakdown of Value Sales for Flight Safety International, CAE, Thales Training & Simulation, and Others 46
• Market Outlook 46

1a. United States 46

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  • Table 36: US Aerospace Sector (2002-2006): Value of Aerospace Shipments and Value of Aircraft & Parts Shipments in US$ Billion 46
  • Table 37: US Aerospace Sector (2007): Sales in US$ Billion for Military Aircraft, Engines, Parts and Services; Civil Aircraft, Engines and Related Components; Space Sector; and Missiles Sector 47
  • Table 38: Leading Aviation & Aerospace Companies in the US (2005): Revenues in US$ Billion for Boeing, Honeywell, Lockheed Martin, Northrop Grumman, and United Technologies 47
  • Table 39: Aerospace Equipment Market in the US (2005): Percentage Breakdown of Sales for DOD, NASA/Other Government, and Others 47
• Losing Its Hold on Global A&D Industry? 47
• Trade Between the US and Other Countries 48
• Cut Capacity - Need of the Hour in the US Aerospace Sector 48
• Aircraft Market 48
  • Table 40: Aircraft Market in the US (2007): Sales of Civil and Military Aircraft in US$ Million 48
  • Table 41: Military Flight Simulation Market in the US (2005): Percentage Breakdown of Value Sales by Service - Air Force, Navy, and Army 49
  • Market Outlook 49
• Air Force Contractors 49
  • Table 42: Leading Air Force Contractors in the US (2005): Percentage Breakdown of Sales for Lockheed Martin, Boeing, Raytheon, Northrop Grumman, United Technologies, General Electric, General Dynamics, Honeywell, Aerospace, and Others 49
  • Table 43: Leading Government Technology Contractors in the US (2005): Defense Contract in US$ Million for Northrop Grumman, Lockheed Martin, General Dynamics, Raytheon, and Boeing 49

1b. Canada 50

• Table 44: Aerospace Market in Canada (2007): Percentage Breakdown of Revenues by Segment - Aircraft and Parts, Maintenance/ Repair/ Overhaul, Engine and Parts, Avionics & Electric Systems, Space, Simulation and Training, Sys, and Others 50

2. A European Perspective 51

• Industry in a Transition Phase 51
  • Table 45: Aerospace Market in Europe (2006): Revenues in Billion Pounds by Region - UK, France, Germany, Italy, and Spain 51
• Consolidation 51
• Weakening US Dollar - A Bane for Airbus 51
• The Dominance of European A&D Companies in the Global Market 51
  • Table 46: SMEs' Aerospace Sales to Airlines, Armed Forces and Equipment Suppliers in the European Union (2005): Percentage Breakdown of Sales by Category - Aircraft, Space, and Missiles 52
• Retention of Skilled Workforce: The Critical Issue 52
• Space Industry 52

2a. France 53

2b. Germany 53

• Industry in Distress 53
• Space Sector: Rebuilding Through Restructuring 53
• Germany Calls for Greater Cooperation 54
• Synergies Through Coordinated Research Programs 54

2c. Russia 54

• On a Come Back Trial 54
• Russia Revamps the Defense Industry 54
  • Table 47: Missiles Market in Russia (2007-2010): Production of Surface-to-Air Missiles in Units 55

2d. United Kingdom 55

• The Irish Market 55

3. Other Markets 55

3a. China 55

• Smooth Ride for Aerospace Giants Expected 56
• The EU' s Chinese Obsession 56

3b. India 57

• Big Time Spender 57

3c. Brazil 57

4. The Middle East 57

• The Haven of Defense Sectors 57
• Dubai Eyes Global Aerospace Market 57

GLOBAL DIRECTORY