Aerospace Market Overview -

A record-setting year for aircraft orders has created a huge production backlog, which is good news for commercial aircraft manufacturers and tier suppliers. Elsewhere, machine vision, robotics, and manufacturing intelligence are enabling the aerospace industry to automate more tasks while improving safety and quality; companies in the aerospace industry show a rapidly growing interest in 3D printing; the gap between the market values of commercial aerospace and defense and government services companies narrowed during 2015’s second quarter; and Europe’s defence industry is struggling as most governments are keeping a lid on military spending.