-
Site License
-
Site License
-
Enterprisewide
-
Enterprisewide
Asia Pacific Aerospace Human Resource Market - Revenue Opportunities and Stakeholder Mapping
Frost & Sullivan, June 2010, Pages: 75
As the requirement for skilled personnel in aviation grows, so does the opportunity for investors to capture the growing market of human resource training. This report makes a deeper analysis into the various countries in the Asia Pacific region understanding the aviation human resource training requirement. The study also captures the various licenses & the licensing requirements, in the various training segments of Air Traffic Controllers, Pilots, Cabin Crew & Technicians. The report makes a forecast of the human resource requirement across the value chain & potential revenue for 2010-2020
Research Overview
This Frost & Sullivan research service titled Asia Pacific Aerospace Human Resource Market - Revenue Opportunities and Stakeholder Mapping provides an overview of the market and a country wise analysis of the same. In this research, Frost & Sullivan's expert analysts thoroughly examine the training mode for engineers, air traffic controllers, pilots, management aviation, and cabin crew.
This analysis is available through our Defense Growth Partnership Services program. With continuous access to intelligence and resources from all seven perspectives of the Complex Business Universe, the Growth Partnership Services program ensures that you and your Growth Team™ are able to maintain a 360 Degree Perspective of the market. This comprehensive, objective information allows your company to mitigate risk, identify new opportunities, and drive effective strategies for growth.
Market Overview
Huge Opportunities Unfold in Asia Pacific Aerospace Human Resource Market as Demand Far Exceeds Supply Capacity
The Asia Pacific is fast emerging as the hub of aerospace activities as deregulation and government incentives have buoyed the aerospace human resource market prospects. The success of the low-cost carriers and steady de-coupling of the Asia Pacific economies from their U.S. and European counterparts have indicated that the recessionary phase that has crippled aviation growth in those regions has spared the Asia Pacific region. Although the outlook for the market is bright, the shortage of skilled manpower has curtailed forward momentum. The requirement for pilots, air traffic controllers (ATCs), technicians, engineers, and cabin crew. has increased exponentially, and the current training infrastructure has proved inadequate to meet these demands. “New avenues are opening up for investors in the training arena and the chances of generating good returns within a ten to fifteen year time frame are high,” notes the analyst of this research service. “Government initiatives to create a sustainable roadmap would provide ample business opportunities in this segment.”
Obtaining local human capital is a major impediment confronting participants in this space. A career in the aviation sector is not the preferred career choice among the youngsters. Moreover, lack of harmony in the international standards of licensing and long gestation period before completing the career path makes it difficult to find talent appropriate for these jobs. Although human capital training is becoming more affordable in Asia Pacific due to the rise in urbanization, especially the middle-class societies, it is not within the reach of most aspiring locals. Overcapacity is another issue challenging market participants and many have to move overseas to complete their training. Secondary airports that were not being used have now become targets for expansion to accommodate the aerospace growth in Asia Pacific. However, considering the overall aerospace industry, the total infrastructure required to keep pace with the boom remains largely deficient. An alarming trend is that low cost and charter carriers are hiring poorly trained personnel. They are keen to cash in on the opportunities the market affords but slack off in terms of quality.
Trends indicate that air traffic control appears to be the most lucrative sector for investment, considering its profitability and the existing interest among students in opting for this career. Although all the sectors are good for investment, air traffic controller training is poised to generate maximum return on equity (ROE). As the number of ATC positions is not high, the net present value of this training would be low. Hence, a lot depends on investor sentiment for the choice of training module. If proper synergy can be created between the training schools, investment costs can be saved. “To ensure sustainable growth for the market, international licensing standards must be harmonized and policy makers of countries need to create active policies to train personnel for the aerospace industry,” says the analyst. ‘The escalation in the number of accidents and near misses underpins the need for serious intervention in aerospace human resource training.”
Market Sectors
Expert Frost & Sullivan analysts thoroughly examine the following market sectors in this research:
- Engineers
- Air traffic controllers
- Pilots
- Management aviation
- Cabin crew
By Geographic Region:
- Australia
- New Zealand
- Japan
- South Korea
- Singapore
- Malaysia
- Indonesia
- Thailand
- The Philippines
- 1. Executive Summary
- 2. Human Resource Requirement Macro Dynamics
- - 2.1 Dynamics of Aviation Industry
- - 2.2 Technology Trends
- - 2.3 Shortage Snapshots
- - 2.4 Market Overview and Definitions
- - 2.5 Value Chain Analysis
- - 2.6 PESTEL Analysis
- - 2.7 Market Coverage
- 3. Market Dynamics
- - 3.1 Industry Challenges
- - 3.2 Market Drivers and Restraints
- - 3.3 Market Drivers
- - 3.4 Market Restraints
- 4. Stakeholder Mapping
- - 4.1 Stakeholder Group
- - 4.2 End-user Group
- - 4.3 Market Participant Group
- - 4.4 Regulatory Authorities
- 5. Analysis of Aerospace Technicians Training Market
- - 5.1 Market Engineering Measurements
- - 5.2 License Types and Qualification Requirements
- - 5.3 Forecasting
- - 5.4 Training Opportunities
- 6. Analysis of Aerospace ATC Training Market
- - 6.1 Market Engineering Measurements
- - 6.2 License Types and Qualification Requirements
- - 6.3 Forecasting
- - 6.4 Training Opportunities
- 7. Analysis of Aerospace Pilots Training Market
- - 7.1 Market Engineering Measurements
- - 7.2 License Types and Qualification Requirements
- - 7.3 Forecasting
- 8. Analysis of Aerospace Cabin Crew Training Market
- - 8.1 Market Engineering Measurements
- - 8.2 Qualification Requirements
- - 8.3 Forecasting
- 9. Strategic Recommendations and Conclusions
- - 9.1 Investment Comparison
- - 9.2 Summary
Product Samples
A sample for this product is available. Please Login/Register to download this sample.
Customers who bought this item also bought
All rights reserved. © Copyright 2013 Research and Markets WWW4
Terms and Conditions Privacy Policy Publishers Employment Opportunities Site Map Link to us Webmaster Affiliate Network
