The report analyzes the Chinese aerospace and defense in the broader framework of the changing economic and political scenario of the country. Using the PEST model and Michael Porter’s Five Forces analysis, a critical perspective has been developed for the industry.
The report further studies the emerging trends in this industry. It also discusses various strategies and business models followed by global, as well as domestic manufacturers. It further highlights the competition in this sector and gives an outlook for the industry in the country.
On account of a rapidly growing economy and an increasing number of people traveling by air, the Chinese airlines are expanding their fleet size at a fast rate. The growing production of aircraft components, as well as high demand for state-of-the-art equipment are the key growth drivers. However, difficulties in building a large domestic aircraft fleet is a major issue confronting the industry. Increase in commercial passengers and growing African markets are some of the important growth opportunities.
