Research and Markets (http://www.researchandmarkets.com/research/crwhnk/commercial) has announced the addition of the "Commercial Aircraft Market in China 2014-2018" report to their offering.

China has emerged as the world's second largest country for the Aviation market. With a GDP growth rate of more than 7 percent, the country exhibits excellent opportunities, especially in the Aerospace market. Owing to this tremendous growth, there has been an increase in demand for commercial aircrafts by airline companies. The Chinese government is also increasingly encouraging Chinese companies to manufacture indigenous commercial aircrafts to meet the rising demand and also to boost the economic growth of the country. An increase in the Manufacturing sector would enhance the employment rates and GDP of the country.

The Commercial Aircraft Manufacturing market in China, the Commercial Aircraft Parts Manufacturing market in China, and the MRO market in China are growing at a CAGR of 3.78 percent, 9.37 percent, and 7.19 percent, respectively, during the period 2013-2018.

Commenting on the report, an analyst from theresearchers' team said: Cheap labor leading to lower costs for aircraft manufacturing companies, aircraft parts manufacturing companies, and MROs and leverage of the strategic geographic location of the country are some of the key advantages that make the market a lucrative investment destination. China has recognized and appreciates the potential of its resources and is, hence, encouraging its indigenous aircraft manufacturers to manufacture aircraft that can compete against the other competing international manufacturers. With the rapid growth of LCCs in the country, the demand for LCCs is set to increase in the future, which will be another potential market for competition in China.

According to the report, one of the major drivers is the rapid economic growth in the country. This has resulted in the increase in demand among the burgeoning Middle Class Population segment. The growing middle class in China and surrounding countries increasingly prefers to travel by air for tourism, local business needs, and healthcare needs, owing to their increase in disposable income. This has urged the airline companies to purchase more commercial aircraft to match the growing demand.

One of the main challenges in this market is the lack of compliance with safety standards. Chinese products are always accompanied with a skeptical view with regard to safety and reliability. This results in sluggish growth for the Commercial Aircraft market in China and other countries.

Key Topics Covered

1. Executive Summary

2. List of Abbreviations

3. Scope of the Report

4. Market Research Methodology

5. Introduction

6. Market Landscape

7. Commercial Aircraft Manufacturing Market in China

8. Commercial Aircraft Parts Manufacturing Market in China

9. MRO Market in China

10. Key Market Activities

11. Trading Services in China

12. Training Institutes in China

13. Market Growth Drivers

14. Drivers and their Impact

15. Market Challenges

16. Impact of Drivers and Challenges

17. Market Trends

18. Trends and their Impact

19. Vendor Landscape

20. Key Vendor Analysis

Companies Mentioned

- Airbus

- Ameco Beijing

- Boeing Shanghai Aviation Services

- COMAC

- Chengdu Aircraft Corporation

- Guangzhou Aircraft Maintenance & Engineering (GAMECO)

- HAECO

- Shaanxi Hong Yuan Aviation Forging

- Shanghai Aircraft Manufacturing Factory

- Shenyang Aircraft Corporation

- TAECO

- Xi'an Aircraft

For more information visit http://www.researchandmarkets.com/research/crwhnk/commercial

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Sector: Aviation