In the present business world, organizations in the aerospace industry are evaluating new technologies to resolve some of the recurring intricacies that have long affected its maintenance and operations. According to recent research, the global aerospace parts manufacturing market that was earlier estimated to be at around $850 billion in 2017 is likely to expand at a CAGR of 3.8 percent by the year 2025. The increasing demand for commercial air vehicles to replace the aging and out-of-date aircraft with advanced, new-generation, lightweight, and fuel-efficient aircraft have been the key drivers.
As the market is gradually moving toward incorporating light weight commercial air vehicles that consume less energy, manufacturers are prompted to come up with innovative ideas for making aircrafts efficient. Subsequently, the market is inclining toward using aluminum alloys for air vehicle parts manufacturing owing to their lightweight and solid strength. These alloys could even withstand high temperatures and are resistant to corrosion making them the perfect replacement as opposed to earlier used manufacturing materials.
Further, with the design of aircraft going through various modifications and becoming complex, air vehicle manufacturers and other service providers are leveraging the benefits dispensed by the designing software and tools. Today, the aerospace manufacturing landscape relies upon the support of AutoCAD, Autodesk Inventor, Autodesk 3ds Max, SOLIDWORKS, and more designing and computer-aided engineering programs. All these software not only simplify designers work to but also enables them to test and view the prototype before sending it for final production. Such an approach bolsters the results of the manufactured aerospace part and ensures that all the specifications are met as per the guidelines laid out by domestic and international aerospace agencies and corporations. Additive manufacturing is also gaining traction in the current aerospace manufacturing business environment, thereby easing up the development process of aircrafts vehicles.
On the same lines, when it comes to ensuring the quality of the manufactured products, air vehicle manufacturers and other service providers are expected to follow a certain set of rules and regulations. Consequently, the quality assurance and quality control experts are required to inspect, examine, and approve the aerospace manufacturing process at every step until the release of the final product. Manufacturers are also equipping their offerings with the ability to stay at par with the changing rules around quality control certifications and standards in the aerospace industry.
But that is not all. Customer satisfaction, on-time delivery of high-quality parts, and after service support are a few of the other imperative services aerospace manufacturers focus on.
In the last few years, aerospace parts manufacturing service providers have surfaced in the market. With that in mind, our editorial board has conducted a comprehensive study of leading aerospace manufacturing service providers globally. Our goal with this special edition is to highlight the best-of-breed aerospace manufacturing service providers like Mission Critical Composites and K&B Industries that have been making great strides in the Aerospace Manufacturing Services space.
Manufacturing Technology Insights presents the “Top 10 Aerospace Manufacturing Consulting/Services Companies 2019.”