The aeronautic market keeps on increasing despite difficult economic times and offering many jobs in design offices or directly for a constructor. If American constructors are leaders on the jet aeroplanes market in the world, leaders are European concerning the small commercial aircraft market. And European constructors have the three quarters of planes. For instance, France has 30% of the aeronautic European market.
Today, the needs in planes have never been so important and it is a very good news for the duopoly which dominates the market, that is to say Airbus and Boeing. In september 2013, Airbus has published its forecasts of planes demands for the next 20 years. It considers that 29 220 new planes will be necessary to answer to a growing demand. The aeronautic market would represent 4 400 billion of dollars.
It is not really a surprise because this growth is due to developing countries which think to keep an economic development thanks to aeronautics. Indeed, we estimate that 2/3 of people living in developing countries will take a plane at least once a year. Today, only one person per five take a plane once a year.
Finally, what constructors will take advantage of this rising demand ? Airbus and Boeing, of course. But many other constructors hope to have a greater importance on the market for the following years. If Airbus and Boeing will represent 87% of the global market in 2032, other constructors will not want make up the numbers forever like the Canadian Bombardier, the Chinese Comac, the Brazilian Embraer, the Russian Ikrut or the Japanese Mitsubishi.
Sources : http://www.emploi-et-industrie.fr/emploi-aeronautique/laeronautique-un-secteur-en-perpetuelle-evolution
http://www.usinenouvelle.com/article/le-marche-des-avions-grossit-le-duopole-airbus-boeing-s-effrite.N205726
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