3D Printing To Create Faster, Superior And Cheaper Aircrafts!
North America was the largest region in the aerospace & defense market in 2017, accounting for nearly 40% share in the market. The USA was the largest country in the market in 2017, accounting for around 30% share in the market.
(EMAILWIRE.COM, October 03, 2018 ) Additive manufacturing is continuously evolving and manufacturers are now using 3D printing technology to produce parts for aircrafts and aircraft engines. 3D printing creates a three-dimensional physical object using a digital design. They are 25% lighter, simpler and offer more design features than conventional parts. This enables manufacturers to create high performance aircraft engines and components. GE Aviation has introduced 3D printed parts in its aircraft engines. In 2016, Airbus unveiled the first aircraft made using 3D printing technology. Boeing has also planned to use 3D printed titanium parts in the construction of its 787 Dreamliner jets that is expected to save about $3 million in construction costs.
THE BUSINESS RESEARCH COMPANY VALUED THE GLOBAL AEROSPACE & DEFENSE MARKET AT $2.17 TRILLION IN 2017
North America was the largest region in the aerospace & defense market in 2017. This is mainly due to technical advancement and high investment in the aerospace and defense market by the USA.
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https://www.thebusinessresearchcompany.com/report/aerospace-and-defense-global-market-report-2018
According to The Business Research Company’s Consultant, Nitin Gianchandani, aerospace and defense companies are unfolding their export and transactional based business model to a localized business model. Localized business model or localization approach involves employing native people or companies to carry out business operation of the investing company. For this, the companies are focusing on continuous communication and training of local companies so that the parts and components procured by them are in compliance with the company’s specifications and standards.
Download a sample of the report at
https://www.thebusinessresearchcompany.com/sample.aspx?id=255&type=smp
Boeing was the largest competitor in the global aerospace and defense with revenues of $93.4 billion for the financial year 2017. As part of its growth strategy, Boeing plans to increase its merger and acquisition activities. For instance, Boeing announced plans to acquire Aurora Flight Sciences to expand its capabilities to develop autonomous, electric-powered and long-flight-duration aircraft for its commercial and military businesses, pending regulatory approval. In January 2018, a joint venture was formed by auto seat maker Adient (50.01%) and Boeing (49.99%) to develop and manufacture airliner seats for new installations or retrofit, a $4.5 billion market in 2017 which will grow to $6 billion by 2026, to be based in Kaiserslautern near Frankfurt and distributed by Boeing subsidiary Aviall, with its customer service center in Seattle.
The aerospace & defense industry includes establishments manufacturing guided missile and space vehicle, radars and weapons, aircraft and components manufacturing, other transportation equipment manufacturing.
Aerospace And Defense Global Market Report 2018 is a detailed report giving a unique insight into this market. The report is priced at $8000 for an individual user. To use across your office, the price is $12000 and $16000 if you wish to use across a multinational company.
About The Business Research Company
Visit TheBusinessResearchCompany.com, mail info@tbrc.info or call +447443439350 or +918897263534 or +919160996838 for more information on this and many other titles.
The Business Research Company is a market research and intelligence company, which excels in company, market and consumer research.
It has research professionals at its offices in the UK, India and the US as well a network of trained researchers globally. It has specialist consultants in a wide range of industries including manufacturing, healthcare, chemicals and technology.
The Business Research Company's management has more than 20 years of varied business research experience. They have delivered hundreds of research projects to the senior management of some of the world's largest organizations.
Contact Information
The Business Research Company
Europe: +44 207 1930 708
Asia: +91 8897263534
Americas: +1 315 623 0293
Email: info@tbrc.info
Follow us on LinkedIn: https://in.linkedin.com/company/the-business-research-company
THE BUSINESS RESEARCH COMPANY VALUED THE GLOBAL AEROSPACE & DEFENSE MARKET AT $2.17 TRILLION IN 2017
North America was the largest region in the aerospace & defense market in 2017. This is mainly due to technical advancement and high investment in the aerospace and defense market by the USA.
Order the report at
https://www.thebusinessresearchcompany.com/report/aerospace-and-defense-global-market-report-2018
According to The Business Research Company’s Consultant, Nitin Gianchandani, aerospace and defense companies are unfolding their export and transactional based business model to a localized business model. Localized business model or localization approach involves employing native people or companies to carry out business operation of the investing company. For this, the companies are focusing on continuous communication and training of local companies so that the parts and components procured by them are in compliance with the company’s specifications and standards.
Download a sample of the report at
https://www.thebusinessresearchcompany.com/sample.aspx?id=255&type=smp
Boeing was the largest competitor in the global aerospace and defense with revenues of $93.4 billion for the financial year 2017. As part of its growth strategy, Boeing plans to increase its merger and acquisition activities. For instance, Boeing announced plans to acquire Aurora Flight Sciences to expand its capabilities to develop autonomous, electric-powered and long-flight-duration aircraft for its commercial and military businesses, pending regulatory approval. In January 2018, a joint venture was formed by auto seat maker Adient (50.01%) and Boeing (49.99%) to develop and manufacture airliner seats for new installations or retrofit, a $4.5 billion market in 2017 which will grow to $6 billion by 2026, to be based in Kaiserslautern near Frankfurt and distributed by Boeing subsidiary Aviall, with its customer service center in Seattle.
The aerospace & defense industry includes establishments manufacturing guided missile and space vehicle, radars and weapons, aircraft and components manufacturing, other transportation equipment manufacturing.
Aerospace And Defense Global Market Report 2018 is a detailed report giving a unique insight into this market. The report is priced at $8000 for an individual user. To use across your office, the price is $12000 and $16000 if you wish to use across a multinational company.
About The Business Research Company
Visit TheBusinessResearchCompany.com, mail info@tbrc.info or call +447443439350 or +918897263534 or +919160996838 for more information on this and many other titles.
The Business Research Company is a market research and intelligence company, which excels in company, market and consumer research.
It has research professionals at its offices in the UK, India and the US as well a network of trained researchers globally. It has specialist consultants in a wide range of industries including manufacturing, healthcare, chemicals and technology.
The Business Research Company's management has more than 20 years of varied business research experience. They have delivered hundreds of research projects to the senior management of some of the world's largest organizations.
Contact Information
The Business Research Company
Europe: +44 207 1930 708
Asia: +91 8897263534
Americas: +1 315 623 0293
Email: info@tbrc.info
Follow us on LinkedIn: https://in.linkedin.com/company/the-business-research-company
Contact Information:
The Business Research Company
Marketing TBRC
Tel: +91 8897263534
Email us
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The Business Research Company
Marketing TBRC
Tel: +91 8897263534
Email us
----
This press release is posted on EmailWire.com -- a global newswire that provides Press Release Distribution Services with Guaranteed Results