International air traffic is growing rapidly. While worldwide growth fluctuates around 3%, aviation industry experiences a long-term growth rate of 5% and doubles its market size every 15 years. Aviation industry is therefore growing faster than any other industry.
New strategies introduced by the OEMs have increased the complexity of the supply chain. High demand of aircrafts and incremental outsourcing to tier-1 and tier-2 suppliers confronts the entire supply chain with shorter production times and higher standards.
Getting delivery delays and scarcety of materials and components under control is one oft he main challenges in a globalized future for aircraft production.
The innovative capacity of the suppliers is an important factor for the success of the aviation industry regarding it’s relatively stable growth rates dominating all other industries. Increasing demand for fuel and resource efficient aircrafts and flights leads to a growing dependency on new strategies for even more efficient production designs. New materials and processes allow suppliers to produce components for safe and economic aircrafts on an even higher level of precision. 3D printing and other new technologies evolve and open up new possibilities for future production.
Meanwhile producers are facing challenges including increasing demand for even higher precision on miniaturized manufacturing leading to an enourmus level of complexity in developing new production processes.
As one of the main drivers of change, digitalization brings a new way of thinking to the whole process of making aircrafts.
A gigantic amount of data from each production process need efficient ways of analyzing and optimizing.