Released on: December 13, 2007, 1:42 am

Press Release Author: Shushmul Maheshwari

Industry: Aerospace

Press Release Summary: The global aerospace industry is flying high. As per the
RNCOS report, the industry will witness concrete growth in future led by increased
demand from the prospering Asia-Pacific economies (India and China).

Press Release Body: RNCOS, the leading research firm, has recently released its
market research report “Global Aerospace Market Analysis” to discuss the
growing global aerospace industry. The focus of this report is on the emerging
Asia-Pacific market and the global aerospace industry, which is defined as the
shipment of aircraft, engines, parts etc.

According to the report, the US continued to be the biggest market for aerospace
manufacturing during 2006, experiencing an impressive growth rate of 8%. The growth
momentum is likely to continue in 2007 with an anticipated growth of around 6%.The
upward movement is mainly led by augmented delivery of commercial aircraft, engines
and parts.

On the other hand, as the report predicts, a big proportion of the demand will stem
from the Asia- Pacific region. Don Birch, President and CEO of Abacus International,
said that shifting airline models including the advent of low cost carriers, the
thriving markets of China and India assisted by a stronger Vietnam have led to
record investment levels in the airports, aircrafts, in a statement published by
Express Travel World on October 14, 2007.

A Senior Research Analyst at RNCOS agrees that growth will be particularly led by
the burgeoning low cost economies of China and India that will propel the worldwide
aerospace industry. The economic influence of these rising countries will lead to
rapid increase in the demand for air traffic and low-priced products, with the
players of the aerospace industry moving towards customized products.

The RNCOS research further marks the areas that will result in substantive growth of
the aerospace industry; these include international trade, cost reduction,
technological advancement and cost-effective aerospace products. However, the
presence of impediments like escalating fuel prices, increased complexity, safety
issues and increasing production cost along with ecological apprehensions regarding
sustainability pose a major threat for the industry.

“Global Aerospace Market Analysis” also gives an updated overview on the
global aerospace market, including countries such as US, UK, China, India, South
Korea, Singapore, Germany, and Brazil. The research provides extensive research and
rational analysis on the current market trends, emerging technologies and the future
outlook of the global aerospace industry. It also discusses the competitive market
landscape, major opportunities and challenges, and driving forces of the global
aerospace industry.

About RNCOS:
RNCOS, incorporated in the year 2002, is an industry research firm. It has a team of
industry experts who analyze data collected from credible sources. They provide
industry insights and analysis that helps corporations to take timely and accurate
business decision in today\'s globally competitive environment.
For more information visit: http://www.rncos.com/Report/IM561.htm
Current Industry News: http://www.rncos.com/blog


Web Site: http://www.rncos.com

Contact Details: RNCOS E-Services Pvt. Ltd.
Shushmul Maheshwari
Head of Business Development
29, 1st Floor, Patparganj Industrial Area, Delhi 92
91-11-4214-1229
Fax No. 91-11-4214-1228
info@rncos.com