To date, the market has expanded dramatically for several decades. Although two major builders dominate most of the branch activity, new contenders such as Brazil and China are likely to spearhead the industry in the near future, thus triggering substantial long-term impact over the sector, such as: shortened product life- cycles, technological constraints (carbon and electro-mechanics), a radical shift from a prototype-based culture to a “series” line production rationale, and rampant globalization of production venues.
Moreover, exponential rise of production costs generated by latest aircraft technology and engineering breakthroughs have caused equipment suppliers to become stakeholders and invest in the industry, generating thereby a noticeable trend towards market concentration.