March 7, 2014
Emerging Markets Mean Huge Opportunity
by Mark Holmes
As I write this editor’s note, the Singapore Airshow is in full swing and Boeing has predicted yet another gargantuan developing market for Asia, estimating a need for 12,820 new airplanes in the region, in a market valued at $1.9 trillion representing 36 percent of the world’s new airplane deliveries over the next 20 years. These are bewildering statistics and great news for avionics technology suppliers, as these emerging markets present enormous growth opportunities and promise to fuel...