PRTODAY / NewswireToday Free press release distribution service network

Written by / Agency / Source: RNCOS E-Services (P) Ltd

Check Ads Availability|e-mail Article


Are you the owner of this article?, Turn it PREMIUM with your LOGO instead - and make it 3rd party Ads-Free! within the next hour!

US Aerospace Industry - Moved But Still Going Strong - US aerospace industry continues to enjoy its dominant market position but due to certain challenges it is confronting, it has slipped from its position in recent times
US Aerospace Industry - Moved But Still Going Strong

 

NewswireToday - /newswire/ - Delhi, New Delhi, India, 2007/05/19 - US aerospace industry continues to enjoy its dominant market position but due to certain challenges it is confronting, it has slipped from its position in recent times.

   
 
Your Banner Ad Here instead - Showing along with ALL Articles covering Aviation/Aerospace Announcements

Replace these Affiliate Programs at ANYTIME! Your banner here within the next hour. Learn How!


 

According to “US Aerospace Industry Analysis”, a recent report by RNCOS, it has been found that US continues to lead the global aerospace industry. The US aerospace industry grew by around 8.15% in 2006 to exceed US$ 183.5 Billion as against around US$ 169.8 Billion in 2005.

The aerospace industry of US, a leader at both national and global level, is an integral part of the US economy. More importantly, aerospace industry is the primary exporter of the country and produces the largest trade glut of any industry in US. The industry, with over 25% share in the total R&D expenditures of the country, is a technology pioneer in the nation.

The aerospace industry of US has been one of the most flourishing industries. But now, some challenges have cropped up for the industry. The three main issues that the aerospace industry is facing are – rising competition at international level, continuing reductions in defense budget, and a poor worldwide economy. Historically, around half of the revenues of the aerospace industry were generated from the military sector. Reductions in defense budgets for aerospace industry, both in US and other nations of the developed world, have decreased the needs for missiles, military aircrafts, and other related machinery from US suppliers.

Although US has been successful in retaining its both technology and market leadership in the worldwide aerospace industry, its dominant position has shaken. Several foreign governments have emulations for developing competitive aerospace sectors and have given their full support with subsidies for product innovation and production. Also, they have needed technology transfers and setoffs, in which buying of aerospace products from US is reliant on their own companies supplying some of the parts.

According to the RNCOS report “US Aerospace Industry Analysis”, since the onset of twentieth century, US has been the largest manufacturer and market for aviation and aerospace in the world. Also, the country allots the highest amount as budget to its military. US aerospace industry reported a phenomenal success in 2006. As per estimates, the sales will rise by around 5.8% in 2007 to surpass US$ 194.8 Billion as the purchases by Defense Department and space sector will record a slight increment while commercial aircrafts, engines, and components deliveries will post rapid growth.

The market research report prudently analyzes the position of US aerospace industry in global context alongwith industry performance, industry analysis, and key market players.

About RNCOS E-Services Pvt Ltd.

RNCOS, incorporated in the year 2002, is an industry research firm. It has a team of industry experts who analyze data collected from credible sources. They provide industry insights and analysis that helps corporations to take timely and accurate business decision in today's globally competitive environment.

 
 
Your Banner Ad Here instead - Showing along with ALL Articles covering Aviation/Aerospace Announcements

Replace these Affiliate Programs at ANYTIME! Your banner here within the next hour. Learn How!


 

Written by / Agency / Source: RNCOS E-Services (P) Ltd

 
 

Availability: All Regions (Including Int'l)

 

Traffic Booster: [/] Quick Newswire Today Visibility Checker

 

Distribution / Indexing: [+]

 
 
# # #
 
 
  Your Banner Ad showing on ALL
Aviation/Aerospace articles,
CATCH Visitors via Your Competitors Announcements!


US Aerospace Industry - Moved But Still Going Strong

Company website links NOT available to basic submissions
It is OK to republish and/or LINK any newswire for any legitimate media purpose as long as you name Newswire Today and LINK as the source.
 
  Is this your article?
Activate ALL web links and social stream by Upgrading to Press Release PREMIUM Plan Now!

|
Publisher Contact: Shushmul Maheshwari 
+91 12 04224700 press[.]rncos.com
 
Newswire Today - PRZOOM / PRTODAY disclaims any content contained in this article. If you need/wish to contact the company who published the current release, you will need to contact them - NOT us. Issuers of articles are solely responsible for the accuracy of their content. Our complete disclaimer appears here.
IMPORTANT INFORMATION: Issuance, publication or distribution of this press release in certain jurisdictions could be subject to restrictions. The recipient of this press release is responsible for using this press release and the information herein in accordance with the applicable rules and regulations in the particular jurisdiction. This press release does not constitute an offer or an offering to acquire or subscribe for any RNCOS E-Services (P) Ltd securities in any jurisdiction including any other companies listed or named in this release.

Aviation/Aerospace via RSSAdd NewswireToday - PRZOOM Headline News to FeedBurner
Find who RetweetFollow @NewswireTODAY



Are you the owner of this article?, Turn it PREMIUM with your LOGO instead - and make it 3rd party Ads-Free! within the next hour!


Read Latest Articles From RNCOS E-Services (P) Ltd / Company Profile


Read Aviation/Aerospace Most Recent Related Newswires:

Airlink Becomes First South African Airline to Acquire Embraer E-Jets
Safran and Zodiac Aerospace - A New Global Leader in Aerospace
Iridium Announces Successful First Launch of Iridium NEXT Satellites
Embraer Reaches Targets with Delivery of 108 Commercial Jets and 117 Executive Jets in 2016
Leonardo Strengthens its Position in the UK as it Begins Operating as Leonardo MW Ltd - A New Single Entity for its UK-based Operations
Airlines Expect Huge Growth Opportunities in Adopting Digital Technologies and Offering Ancillary Products Finds Frost & Sullivan
Leonardo-Finmeccanica Announces Successful First Flight for the New Aermacchi M-345
Embraer Delivers First Legacy 450 to Canada’s AirSprint
Leonardo and CNSAS Lay the Foundations of Future Helicopter Rescue through Cooperation Agreement for Joint Development of New Capabilities
CFM LEAP-1C Integrated Propulsion System Achieves Joint EASA / FAA Certification
China’s AC352 Completes First Flight with WZ16 Engine
Leonardo-Finmeccanica Announces Two Additional AW119Kx EMS Helicopters Sold to Life Link III
Leonardo-Finmeccanica Signs Contract for Additional 30 EMS Helicopters Sets Largest EMS Programme in China
Thales Alenia Space ELiTeBUS™1000 Platform Awarded in the NASA Rapid III
Mécafi Inaugurates New Plant to Make Guide Vanes for Safran Aircraft Engines

Boost Your Social Network
& Crowdfunding Campaigns


LIFETIME SOCIAL MEDIA WALL
NewswireToday Celebrates 10 Years in Business


PREMIUM Members


Visit  BizJobs.com

Visit  NAKIVO, Inc.





 
  ©2017 Newswire Today — Limelon Advertising, Co.
Home | About | Advertise/Pricing | Contact | Investors | Privacy/TOS | Sitemap | FRANCAIS
newswire, PR free press releases distribution service magazines engine news alert newsroom press room breaking news public relations articles company news alerts newswiredistribution ezine bizentrepreneur biznewstoday digital business report market search pr firms agencies reports distri-bution today investor relation successful internet entrepreneurs newswire distribution prtoday.com freenewswiredistribution asianewstoday bizwiretoday USA pr UK today - NOT affiliated with PRNewswire as we declined their partnership offer in 2013
 
PRTODAY & NewswireTODAY are NOT affiliated with USA TODAY (usatoday.com)