|Jul 2011||124||Strategic Defense Intelligence||ASDR-19064|
This report analyzes how aerospace companies’ procurement expenditure, business strategies and practices are set to change in 2011–2012. This report gives you access to the category-level spending outlooks, budgets, supplier selection criteria, business challenges and investment opportunities of leading purchase decision makers. The report also identifies future growth of buyers and suppliers, M&A and e-procurement. This report not only grants access to the opinions and strategies of business decision makers and competitors, but also examines their actions surrounding business priorities. The report also provides access to information categorized by region, company type and sizes.
China, India and the Middle East are predicted to be the fastest growing emerging markets for the aerospace industry. The expansion of business activities in emerging markets combined with strong economic growth, changing consumer lifestyles and a rise in disposable income has increased the levels of domestic and international air travel. Consequently, aerospace manufacturing processes have grown across numerous emerging countries.
The majority of aerospace industry buyer respondents will be increasing procurement expenditure over the next 12 months. The average size of the annual procurement budgets of for aerospace industry buyer respondents is US$XX million.
Overall, XX% of respondents from the aerospace industry buyer segment agree that in order to maintain and win their business, suppliers will have to improve customer service.
Reasons to Buy