Indian aerospace industry has witnessed an impressive growth during the past
few years, with major contribution from the civil aviation segment. The market
has been strongly supported by the government and private sector
participation, which fueled domestic and international passenger arrivals and
acted as catalyst for the overall industry growth. Availability of skilled
manpower along with favorable business environment will position India as one
of the most attractive investment destinations in the coming years.
According to our latest research report “Indian Aerospace Industry
Analysis”, India is the 9th largest aviation market in the world.
Although the passenger traffic went into negative growth territory in FY 2009,
it posted a remarkable recovery in FY 2010 and grew around 13.6% Y-O-Y, which
was amongst the highest globally. Further, the government' s open sky policy
has attracted many overseas players to enter the market and the industry is
growing in terms of both players and the number of aircrafts. On the basis of
strong market fundamentals, it is anticipated that the civil aviation market
will register more than 16% CAGR during 2010-2013.
Additionally, aircraft maintenance, repair and overhaul sector is tremendously
developing in the country. Driven by an increasing fleet of newly acquired
aircrafts, shortage of trained and experienced professionals, and a need to
cut aircraft maintenance and operational costs, the MRO market holds plethora
of opportunities for players in the technical services outsourcing business.
Further, globalization of MRO services, availability of talent, manpower cost
competitiveness etc. will make India a potential global as well as regional
MRO hub.
Our report “Indian Aerospace Industry Analysis”, is an outcome of
extensive research and thorough analysis of the Indian aerospace and defense
industry. The report provides statistics/analysis on all prominent industry
segments including civil aerospace market, airports infrastructure, low cost
carriers market, passenger traffic outlook defense expenditure, equipment
overview etc. Most importantly, the report has also provided industry
forecasts based on correlation of past drivers, challenges, and opportunities
for expansion. In this way, the report presents a complete and coherent
analysis of the Indian aerospace industry, which will prove decisive for
clients.
Table of Contents
1. Analyst View
2. Emerging Market Trends & Drivers
2.1 Inexpensive Manufacturing Base
2.2 Regulatory Support
2.3 Vast Opportunities for SME' s
2.4 Large Aircraft Orders
3. India in Global Context
4. Industry Overview and Outlook by 2013
4.1 Airports Infrastructure
4.2 Civil Aerospace Market
4.2.1 By Companies
4.3 Low Cost Carriers Market
4.4 Passenger & Freight Traffic
4.5 Defense Sector
4.5.1 Expenditure & Equipment Revenues
4.5.2 Equipment Profile
4.5.3 Potential Deals by Sectors
4.6 Trade
5. MRO Industry
6. Space Industry Performance
7. Airport & Ground Support Market
8. Competitive Landscape
8.1 Hindustan Aeronautics Limited (HAL)
8.1.1 Recent Developments
8.2 Bharat Electronics Limited (BEL)
8.2.1 Recent Developments
8.3 Bharat Dynamics Ltd (BDL)
8.3.1 Recent Developments
8.4 Honeywell International India
8.4.1 Recent Developments
8.5 Taneja Aerospace and Aviation Ltd
List of Figures:
Figure 2-1: Defense Market Opportunity for SME' s in Private Sector
(Billion US$), FY 2010 to FY 2013
Figure 2-2: Number of New Aircraft Orders by Airlines (2009)
Figure 3-1: Business Jet Orders as a Proportion of Current Fleet by
Countries