Global Trends in Aerospace Manufacturing and Software

Global Trends in Aerospace Manufacturing and Software

Research for Cambashi’s ‘Insights’, combined with data from our software and employment ‘Observatories’, shows that the aerospace manufacturing industry has stood up well through the COVID-19 pandemic and is already returning to pre-pandemic levels or better.

This is partly due to the defence sector, which has been relatively unaffected, and partly because of the space industry which is a thriving sub-set. Both areas have advanced products with complex supply chains that require sophisticated design/engineering/manufacturing software.

China is of interest since, while it has one of the largest aerospace manufacturing industries, it is one of the smaller software consumers. Combined with the fact that China is second only to the US in employment numbers in this sector, this suggests opportunities for software and services – though caution is required. Software vendors will need in-country presence, established reference customers, and sound software control to leverage this opportunity and succeed in these markets.

An article based on this research has just been published in Aerospace Manufacturing online; please see: “https://www.aero-mag.com/prospects-for-aerospace-manufacturing-recovery-post-pandemic” or contact Cambashi for detailed research findings.

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