The Aircraft Manufacturing Global Market Report 2023, provides comprehensive information on the aircraft manufacturing market across 60+ geographies in the seven regions – Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa for the 27 major global industries. The report covers a ten year historic period – 2010-2021, and a ten year forecast period – 2023-2032.
Learn More On The Aircraft Manufacturing Market’s Growth:
https://www.thebusinessresearchcompany.com/report/aircraft-manufacturing-global-market-report
The global aircraft manufacturing market size is expected to grow from $409.17 billion in 2022 to $435.77 billion in 2023 at a compound annual growth rate (CAGR) of 6.5%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The global aircraft manufacturing market size is expected to reach $539.56 billion in 2027 at a CAGR of 5.5%.
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Technological advancements are a key trend gaining popularity in aircraft manufacturing market. Major companies operating in aircraft manufacturing the market is focused on developing new technological solutions to strengthen its position. Aircraft paint plays a major role in aircraft manufacturing. For Instance, in November 2020, Lenovo Group Limited, a China-based consumer electronics company, unveiled its first self-developed industrial robot, the Morningstar industrial robot work for the manufacture of domestically made large aircraft. It is a uniquely designed robot with Lenovo’s pioneering technologies hybrid lightweight virtualization engine and asymptotic model optimization which can accurately paint complex aircraft. It has 3D object recognition that guides the robot arm on the robot to perform tasks. With the autonomous mode, the robot can build maps intelligently, and move without human control.
The aircraft manufacturing market is segmented:
1) By Product: Gliders, Helicopters, Ultra-Light, Passenger, Unmanned Aerial Vehicles and Drones, Blimps (Airship)
2) By Aircraft Type: Freighter Aircraft, Passenger Aircraft
3) By Application: Military And Defense, Civil, Commercial (Freight), Other Applications
North America was the largest region in the aircraft manufacturing market in 2022.
The table of contents in TBRC’s aircraft manufacturing market report includes:
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