TechNavio recognizes the following companies as the key players in the Commercial Aircraft Market in India: Air Works (India) Engineering Pvt. Ltd., Cochin International Aviation Services Ltd., Hindustan Aeronautics Ltd., and Tata Advanced Systems Ltd.
Commenting on the report, an analyst from TechNavio’s team said: “The Commercial Aircraft market in India is witnessing an increase in strategic alliances among international commercial aircraft manufacturers, Indian commercial aircraft parts manufacturers, and MRO organizations. Many top leading aircraft manufacturers such as Airbus and Boeing are increasingly focusing on making strategic alliances with Indian companies to gain market opportunities in the Commercial Aircraft market in India. For instance, Airbus has made several strategic partnerships with Indian companies such as Hindustan Aeronautics Ltd., QuEST Global Manufacturing Pvt. Ltd., Dynamatic Technologies Ltd., Sonovision Aetos Technical Services Pvt. Ltd., Infosys, Cades Digitech Pvt. Ltd., Satyam, and Infotech enterprises Ltd. ”
According to the report, the increasing demand for MRO activities is one of the major drivers in the Commercial Aircraft market in India. The MRO market in India is expected to grow at a rapid rate as the market witnesses several growth opportunities, as there are several MRO projects under development in the country.
Further, the report states that Prices of jet fuels are showing high levels of fluctuation globally, which would impact adversely on the Commercial Aviation industry. The Commercial Aviation industry in India is expanding because of rising air traffic. However, with jet fuel cost fluctuating, airlines in India might face challenges regarding profitability in the coming years.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors. For further information on this report, please visit https://www.technavio.com/report/commercial-aircraft-market-in-india-2014…
TechNavio, the market research platform of Infiniti Research Ltd., publishes periodic market research reports on niche and emerging technologies. For more information on our market research, please visit https://www.technavio.com/automotive-and-aerospace
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TechNavio Announces the Publication of its Research Report -Commercial Aircraft Market in India 2014-2018
