openPR Logo
Press release

China Aviation Market to be Worth USD 150 Billion by 2020

11-02-2017 09:31 AM CET | Logistics & Transport

Press release from: Renub Research

China-aerospace-market-volume-forecast-by-aircraft-helicopters

China-aerospace-market-volume-forecast-by-aircraft-helicopters

For More Information: http://www.renub.com/china-aviation-market-to-be-worth-usd-150-billion-by-2020-50-nd.php

The enthusiasm of China’s aviation is not just a matter of national pride for Chinese but, the country is eager to stir up its manufacturing value chain. China aviation market is forecasted to be more than USD 150 Billion by 2020. In the current scenario, China is becoming the largest single market of aviation because of demand for new aircraft by Chinese airlines eager to meet the rising middle classes’ expectation for air travel. In the past China, has been buying airplanes from Boeing and Airbus, but recently its state-owned Commercial Aircraft Corporation of China (COMAC) is also willing to supply planes. This thing has put the Airbus and Boeing in an awkward position as one of their main customer (China) now wants to become their major rivals.

In China’s growth plans, Aerospace has been identified as a high-priority sector. With the government support, China has the ability to develop a viable aircraft industry, and become a major player in the aviation sector which is currently being held by the United States and Europe.

Access Full Research: http://www.renub.com/china-aerospace-market-volume-and-forecast-by-aircraft-and-helicopters-type-passenger-cargo-corporate-jet-combat-special-mission-transport-training-satellite-launch-981-p.php

China is the Second Largest Domestic Aviation Market Globally

The Chinese government is eager to make more of the refined systems which were currently bought from Western countries for its aircraft i.e. engines and avionics. China has set up a state-owned engine maker to make engines for COMAC’s future programmes.

China’s passenger traffic growth rate is rising year by year. China is likely to take over the number one spot in the coming years and most probably it will drive civil aircraft sales for the next 20 years. In addition, in the past travel has been limited within the borders because of the visa policy. In the current scenario, visa policy has been relaxed; therefore, several Chinese populations are projected to travel around the world.

Request a free sample copy of the report: http://www.renub.com/contactus.php

China Aerospace Market deals with Other Nations & Market Overview
In the current scenario, the countries of Western suppliers perceive the growth of Chinese aviation as an advantage. If the state-owned Commercial Aircraft Corporation of China (COMAC) produces aircrafts, an American engineering group,” Honeywell” would make more money from supplying it with parts. A joint venture between General Electric and Safran of the France stands to earn the price of its sales of engines the group called “CFM International”. Moreover, either Airbus or Boeing sees COMAC as much of a threat to their sales outside China.

In the report, China aviation market is segmented into China Civil Aviation Market and China Defense Aviation Market and Satellites Launch. China Civil Aviation Market is further categorized into Cargo, Passenger, Corporate, Jets, and in China Defense Aviation Market- Combat Special Mission helicopters, Transport and Satellite Launch and Training. According to Renub Research, one could study the analysis of prominent growth in Civil Aviation, Defense Aviation as well as Satellites Launch.

Contact Us
Rajat Gupta
Sr. Marketing Manager
Email: info@renub.com
Phone: +1-678-302-0700
Web: www.renub.com

Renub Research is a leading Market Research and Information Analysis Company with centers at Noida India and Roswell USA. We have long-term experience especially in international Business-to-Business Researches, Surveys, Business and Consulting. Throughout the years we have acquired expertise in most market sectors, including Information Technology (IT), Telecoms, Life Sciences, Medical & Pharmaceuticals, Financial Services (Banking, Insurance, Reinsurance, M&A, etc.), Energy, Chemicals, Automotive, Retail, FMCG, Consumer Goods, Logistics, Governmental, Social, and Others.

Our core team is comprised of an experienced people holding graduate, post graduate and Ph.D. degrees in Finance, Marketing, Human Resource, Bio-Technology, Medicine, Information Technology, Environmental Science and many more. Our research help make the business decisions: on strategy, organization, operations, technology, mergers & acquisitions etc. We support many blue chip companies by providing them findings and perspectives across a wide range of markets. Our research reports offer a blend of information insight, analysis and forecasting that is essential in today’s ultra-competitive markets.

225 Kristie Ln, Roswell, GA 30076, United States

This release was published on openPR.

Permanent link to this press release:

Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.

You can edit or delete your press release China Aviation Market to be Worth USD 150 Billion by 2020 here

News-ID: 780622 • Views:

More Releases from Renub Research

Global TAVR Market to Hit $19.69 Billion by 2033, Driven by Aging Population and Minimally Invasive Innovations
Global TAVR Market to Hit $19.69 Billion by 2033, Driven by Aging Population and …
Transcatheter Heart Valve Replacement Market Overview The market for transcatheter heart valve replacement (THVR) is expanding significantly due to rising patient demand for minimally invasive treatments and advancements in technology. For patients with high surgical risk, transcatheter aortic valve replacement (TAVR) has emerged as the preferred option over open heart surgery. Globally, TAVR usage is growing, with North America and Europe leading the way in procedure numbers due to their sophisticated
Global Air Conditioner Market to Reach USD 257.20 Billion by 2032, Driven by Urbanization and Technological Advancements
Global Air Conditioner Market to Reach USD 257.20 Billion by 2032, Driven by Urb …
Air Conditioner Market Analysis Introduction From comfort to necessity, air conditioners have become a staple in both residential and commercial spaces around the world. As global temperatures rise and urbanization accelerates, the air conditioner market continues to expand-evolving in design, technology, and energy efficiency. This in-depth guide explores the global air conditioner market, including growth drivers, consumer trends, technological innovations, challenges, and future projections. Whether you're an investor, manufacturer, retailer, or informed buyer,
Global Chocolate Market Analysis, Size, Share, Growth ⅼ Forecast (2024 - 2032) ⅼ Renub Research
Global Chocolate Market Analysis, Size, Share, Growth ⅼ Forecast (2024 - 2032) …
Global Chocolate Market Size was US$132.65 billion in 2023 and is expected to reach to US$196.79 billion by 2032. It is predicted to expend at a CAGR of 4.48% from 2024 to 2032. Chocolate is a beloved treat worldwide and has been for hundreds of years. The worldwide chocolate industry is worth billions of dollars, and new trends are continuously emerging. Chocolate liquor and cocoa cream are used to make
Global Automotive Air Suspension Market, Size, Share, Growth ⅼ Forecast (2024 - 2032) ⅼ Renub Research
Global Automotive Air Suspension Market, Size, Share, Growth ⅼ Forecast (2024 …
Global Automotive Air Suspension Market value is expected to be about US$ 11.20 Billion by 2032. The CAGR for the automotive air suspension market from 2024 to 2032 is 6.05%. Renub Research stated that it was valued at US$ 6.60 Billion in 2023. During World War II, the US developed an air suspension system, especially for heavier aircraft. Air suspension was first developed as a lightweight, compact construction method. A vehicle

All 5 Releases


More Releases for China

China fund establishment, China fund management,china investment management
Pandacu China is a leading financial institution that specializes in providing fund establishment and management services for domestic and international investors looking to invest in China. The company was founded in 2015 by a team of experienced finance professionals with a deep understanding of the Chinese market and a strong network of contacts in the investment industry. https://boomingfaucet.com/ China Fund Establishment Consultation E-mail:nolan@pandacuads.com Investing in China can be a complex and challenging process, and
China Finance Advisor, China Debt Finance Corporation,China Investment Corporati …
Investment bank is a financial institution that helps companies and governments raise capital by underwriting and issuing securities, and also provides advice on mergers and acquisitions, strategic investments, and other financial matters. Investment banks typically have a team of professionals with expertise in various areas such as corporate finance, securities underwriting, sales and trading, and market research. http://pandacuads.com/ China Investment Corporation Email:nolan@pandacuads.com Some of the main services provided by investment banks include: Underwriting: Investment banks
China Investment Bank, China Investment Consultant, China Investment Corporation …
Pandacu is a company that specializes in cross-border investment in China. The company was founded in china and has since grown to become one of the leading cross-border investment firms in China. Pandacu offers a wide range of services to its clients, including investment advisory, market research, due diligence, and post-investment support. http://pandacuads.com/ Investment banking consultant Email:nolan@pandacuads.com Cross-border investment in China can be a complex and challenging process, as the country has a unique
china construction company,china engineering company,china major bridge engineer …
List of Top 500 Chinese Construction Enterprises ranking https://gzwatches.cn/ Free engineering construction consultation Email:nolan@wholsale9.com Company Name province 1 China State Construction Corporation Limited Beijing 2 China Railway Corporation Limited Beijing 3 China Railway Construction Corporation Limited Beijing 4 Shanghai Weimengsi Construction Engineering Co., Ltd. Shanghai 5 China Communications Construction Group Co., Ltd. Beijing 6 China Power Construction Corporation Limited Beijing 7 China Energy Construction Group Co., Ltd. Beijing 8 Shanghai Construction Engineering Group Co., Ltd. Shanghai 9 Jiangsu Zhongnan Construction Industry Group Co., Ltd. Jiangsu 10 China Gezhouba Group Co., Ltd. Hubei 11 China National Chemical Engineering Co., Ltd. Beijing 12 Sinoma Group Co., Ltd. Beijing 13 Guangxi Construction Engineering Group Co., Ltd. Guangxi 14 Shanghai Urban
Forehead Thermometer Market Analysis (2019- 2025)| Microlife (China), Radiant (C …
This research study is one of the most detailed and accurate ones that solely focus on the global Forehead Thermometer market. It sheds light on critical factors that impact the growth of the global Forehead Thermometer market on several fronts. Market participants can use the report to gain a sound understanding of the competitive landscape and strategies adopted by leading players of the global Forehead Thermometer market. The authors of
Global Color Steel Tile Market 2017 - South China, East China, Southwest China, …
Color Steel Tile Market Research Report A market study based on the " Color Steel Tile Market " across the globe, recently added to the repository of Market Research, is titled ‘Global Color Steel Tile Market 2017’. The research report analyses the historical as well as present performance of the worldwide Color Steel Tile industry, and makes predictions on the future status of Color Steel Tile market on the basis