Aerospace and Defence
Geographic growth forecasts are of key importance for Swiss suppliers to the global Aerospace & Defence sector.
Fuelled by dynamic economic growth in Asia, Russia, and the Middle East, there is a growing demand for countries in these regions to enter and expand the commercial aerospace market. In the next 20 years, 80 percent of new aircraft build are expected to be used for trans-Pacific or inter-Asia travel, along with significant travel increases in the Middle East.
This shift in travel creates significant opportunities for the global commercial aerospace market and will further fuel growth for Swiss suppliers to the sector. In light of this outlook, Swiss suppliers will especially need to define the right growth strategies for these new markets (innovation, M&A, joint ventures, local production, new sales strategies, etc.).