Americas to Drive the Growth of Global Aerospace Industry



After a tumultuous 2008, the next 2 years were relatively steady for the global aerospace industry. Even with the overall slow recovery of the U.S. and various other economies, the global aerospace industry continued to experience modest growth. The global aerospace industry has been dominated mainly by the Americas. Majorly, the U.S and Canada have been dominating the global aerospace industry. Americas was estimated to account for over half of the market at the end of 2009, i.e. approx 57% of the global aerospace and defense industry, says our new research report