Report highlights aerospace issues for SouthWest

March 30, 2011 by
Filed under: News 

Over the next 10 years, the large emerging markets of China and India will drive global civil aerospace growth says a new report from UK Trade and Investment (report here). This is increasingly important for the SouthWest with many of the key players – Airbus, Rolls Royce, GKN and AgustaWestland – on the Science Park and Airbus building  £70m Technology Park in Filton in North Bristol.

The opportunities in these markets for UK aerospace companies will principally focus around the formation of partnerships and technology collaboration and it is key that the UK positions itself as a long-term strategy partner with these markets, asys teh report.  The principal opportunities in the next 10-year period are likely to be on new Boeing, Airbus, Bombardier, COMAC and Embraer programmes due to their sheer volume and the fact that there will be options for new supplier entries.

There are also significant opportunities for UK suppliers to win international business on new rotorcraft,business aircraft and Unmanned Aircraft Systems (UAS) programmes, which will also drive the need for innovation in microelectronics and electronic system integration

The globalisation of the supply chain and current market conditions require that UK aerospace companies and UK Government co-operate even more closely than before to maintain and expand their share of this important part of the advanced engineering sector.

Successive UK Governments have recognised the importance of aerospace as a strategic sector and have been supportive in helping it to develop and grow its international civil and defence aerospace business. Advanced manufacturing sectors such as aerospace and defence also continue to be seen as important to maintaining a balanced economy in the UK.

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