Global Industry Forecasts > Quarterly Industry Forecasts > Aerospace

Globally, the aerospace sector this year is seen struggling to exceed last years value-added output growth of 1.6%. This greater pessimism about near-term prospects is led by a US downgrade but European and emerging market growth is also now expected to be lower. Value-added lagging behind deliveries; supply-chain constraints on deliveries growth; and fears about emerging economies growth prospects together all drive weaker near-term prospects.