The civil aerospace sector is poised for growth, with many programs transitioning from years of sometimes troubled development into production, and the commercial installed base expected to double over the next two decades. As economies around the world become more global and the standard of living improves in developing regions, the demand for air travel will continue to grow. Wide- and narrow-body aircraft deliveries will drive most of the growth, with regional jet demand lagging.
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The civil aerospace sector is poised for growth, with many programs transitioning from years of sometimes troubled development into production, and the commercial installed base expected to double over the next two decades. As economies around the world become more global and the standard of living improves in developing regions, the demand for air travel will continue to grow. Wide- and narrow-body aircraft deliveries will drive most of the growth, with regional jet demand lagging.