Advances Will Be Driven By Rising Demand For Air Travel In Developing Regions
US civil aircraft shipments are forecast to reach $98.3 billion in 2021, according to Civil Aircraft: United States, a report recently released by Freedonia Focus Reports. Continued gains in world GDP, particularly in developing regions, are projected to boost US civil aircraft production. The US civil aircraft industry is highly reliant on export markets, and hence a growing world economy represents a major driver of US production.