IASC | Home Page

The Trillion Dollar Aviation Market

China is one of the world’s major aviation markets with over 1 billion air travelers by 2025. The growing China’s demand for planes and MRO services will generate almost $3 trillion worth of revenue for the entire supply chain over the next two decades. Both Airbus and Boeing are boosting jetliner production in China, while COMAC is scheduled to deliver the first C919 in 2021. Other major OEMs and Tier-1 suppliers have also been expanding their footprints in China.

Download

IASC China Aviation Cluster Report

The Supply-Demand Gap

Local aviation supply chain is still undergoing development and facing serious challenges to fulfil the increasing demands from the top down. China’s aviation suppliers, especially small and medium-sized enterprises (SMEs), must look to a deeper cooperation with global peers.

Global aviation supply chain companies have to be prepared and ready to adjust quickly to the new trillion-dollar demands. However, global SMEs are less resourceful than large firms to address the costs and risks of entering the Chinese market, due mainly to a lack of information, local connections, proper channels and services.

find out Your Future Local Partners

CLICK the Map to Find out China's Aerospace Clusters

* Source of Information: IASC, Boeing and other top 10 aerospace companies, regional cluster reports