DUBLIN--(BUSINESS WIRE)--The "South America Aviation Market: Opportunities, trends and Challenges (2018 - 2023)" report has been added to Research and Markets' offering.
The South American aviation market was affected adversely by the financial crisis, which had originated in the United States and the sales were impacted adversely by the same, but the market has recovered, since. Furthermore, the good performance of regional jets sold by Embraer were termed profitable by users and could certainly turn the tide as aircraft orders from other airlines continue to increase. Rising income levels in the continent would ensure good growth of the aviation sector regarding passenger traffic, in the years to come.
There has been a global boom in demand for commercial jets, starting from 2011, which is due to the introduction of new technology that enables jets to record superior levels of efficiency. Three years' prior, the price of ATF was at its peak, so efficiency considerations played a huge part in buying decisions. The high demand has resulted in a huge level of backlog. Airbus and Boeing have an order book more than 10,000 aircraft, which represents ten years' worth of production. So for the next ten years, irrespective of the actual scenario, commercial jets are expected to see impressive levels of growth.
The penetration of rotary wing in civil aviation in South America is relatively better when compared to regions with similar economic development in the Asia-Pacific region. Sau Paulo is in fact called the helicopter capital of the world and has the highest number of helicopters per capita, globally. But in other countries, apart from Brazil, the penetration of rotary wing aircraft is quite low. Hence, it presents a good opportunity for global aircraft manufacturers and OEMS to set up the base to service this region.
- Lockheed Martin
- Textron Aviation
- Dassault Falcon Jet
- Air Tractor
- Robinson Aircraft Company
- Diamond Aircraft
Key Topics Covered:
2. Executive Summary
3. Market Overview and Trends
4. Market Dynamics
5. South America General Aviation Market, Segmentation By Type
6. South America General Aviation Market, Segmentation By Countries
7. Competitive Landscape
8. Company Profiles
For more information about this report visit https://www.researchandmarkets.com/research/ccxv3n/south_america