This industry profile provides a five-year forecast for Canada’s Aerospace Products Industry.
Canada’s Aerospace Products Industry: Industrial Profile Summer 2015
Canada’s Aerospace Products Industry: Industrial Profile Summer 2015
Industry Economic Analysis
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- Order Backlog—The industry maintains a backlog of unfilled orders equivalent to roughly 30 months of current production. This should help the industry sustain production in the near term.
- Global Environment—Weak economic growth outside of the U.S. is expected to dampen demand for the aerospace industry over the next two years.
- Demand for Air Transportation Services—Demand for air transportation services is supported by an increasing propensity to travel, particularly in emerging markets.
