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As Aircraft Orders Continue to Climb, Manufacturers are Exploring New Technologies to Keep Production on Track
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Over the past decades, aircraft manufacturers have moved from controlling a big part of the building process to outsourcing the manufacturing of structural parts, engines, avionics, and other components and systems to other companies with operations all over the world. As commercial aircraft orders continue to increase, the supply chain is being pushed to capacity limits. Now, after having faced significant delays from their providers, integrators are not able to meet client deadlines. Companies in the supply chain are now implementing a variety of strategies to increase efficiency and resiliency, and ramp up the industrial capabilities of the chain as a whole.The commercial aerospace supply chain is no stranger to the transformations that are occurring worldwide; some, in fact, already are affecting the aerospace and defense industry. 2019 put many of these changes in perspective, with the ongoing process of consolidation by major players (especially after the great difficulties faced by emerging Russian, Japanese, and Chinese players and the exit of medium-sized integrators such as Bombardier and—at least as an independent—Embraer) and the effects of the 737 Max grounding on Boeing and the entire industry related to new and tougher regulations to come and disruptions to the supply chain workflow.The commercial aerospace supply chain is a complex, global ecosystem of material suppliers, component suppliers, system integrators, and aircraft integrators. This analysis will examine the global supply chain, the efforts behind its restructuring, and the opportunities it presents. Market segmentation is based on multiple criteria including original equipment manufacturers (OEMs), suppliers, investors, and corporate groups.This study will serve as a starting point for understanding the transformation that is taking place in the supply chain by identifying the factors behind it and the long-term impact of the current scenario, highlighting commercial aerospace market trends and other global trends. The report also identifies which technologies are accelerating the transformation. It looks at the rise of concerns about reputational risks and cybersecurity because of how smaller supply chain participants operate.The general study period is from 2018 to 2022, although some historical data goes back further.
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