DUBLIN, April 15, 2015 /PRNewswire/ --
Research and Markets (http://www.researchandmarkets.com/research/k6lpqv/2025_vision_for) has announced the addition of the "2025 Vision for the Aerospace Industry" report to their offering.
The recent reductions in oil price appear to be long-term trends, which will reduce the drive for flight efficiency. However, fuel cost is still the single most significant operating cost for airlines and will effect all modernization decisions. Despite an improving economic environment, the heady days of the mid-2000s for business aircraft will not return. Defense budgets globally are under pressure, and the military aircraft market reflects that pressure. Market entry barriers will remain high due to the costs involved, but the market for small satellite launches will be the most competitive. There are purchases by countries all over the world but the market in 2025 will be dominated by new sensor packages, not new platforms.
Wealth was being artificially created and prompted a climate of entitlement that resulted in an aircraft market that appealed to the newly rich. That climate will not return.
The global military aircraft market reflects that pressure. Recent production programs have been costly, delayed, and have not recovered its development costs. Newer programs may be in even worse shape.
The overall space market is poised to grow steadily, but growth will be subdued because the transition to a more competitive commercialized market, which will drive prices down.
While they were not included in the sizing on the previous page, unmanned aerial vehicles have been a hot topic for the past several years. There are purchases by countries all over the world, but the market in 2025 will be dominated by new sensor packages and not by new platforms.
Key Topics Covered:
1. Executive Summary
2. Research Scope and Segmentation
3. Industry Convergence Implications
4. Global Aerospace Forecast for 2025
5. New Business Opportunities
6. Market Segments
7. Aerospace Industry Vision for 2025 by Region
8. Top Technology Opportunities by 2025
9. Key Conclusions and Future Outlook
For more information visit http://www.researchandmarkets.com/research/k6lpqv/2025_vision_for
Media Contact: Laura Wood , +353-1-481-1716, firstname.lastname@example.org
SOURCE Research and Markets