In 2019 we have witnessed turbulent events such as Boeing 737MAX groundings, yet the civil aviation industry has shown its resilience by the increasing demand for air traffic, giving confidence for the future.
The long-term demand for the commercial jet aircrafts continues to remain robust, where the fleet size (excluding regional aircrafts) is expected to double in the next two decades
Asia-Pacific region continues being the largest aviation region and will require around 16.000 aircrafts in next two decades, half of them will be used by China.
Airbus has surpassed Boeing for the first time by the order numbers of A320 family compared to 737 family, an important milestone for the duopoly and for the narrow body aircraft segment.
Cabin & IFE becomes more important than ever in the fierce competition of the airlines, especially digitalization in the cabins will be the new battleground in the upcoming years.
INDUSTRY 4.0, THE NEW CHALLENGE OF THE AEROSPACE SUPPLY CHAIN
A&D executives face many challenges while pursuing digital transformation initiatives.
Designing new products and business models remains the top challenge.
The pace of technological change and a lack of technology know-how are the key technological and strategic barriers.
Adoption of broad digital transformation initiatives that span the entire enterprise has been slow in many A&D organizations.
As a result, only a small section of A&D companies seems to be truly benefiting from the opportunities provided by Industry 4.0 technologies.
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