ADS release Global Aerospace Outlook 2022

We are pleased to be able to share the Global Aerospace Outlook 2022 which has been co-authored by colleagues from across industry and ADS.

As you will see throughout the Outlook, a lot has changed in the Aerospace industry since the last edition back in 2019. Our UK aerospace sector has weathered Brexit and a global pandemic alongside the added pressures these have bought of supply chain disruption and skills vacancies. Despite these challenges, the sector continues to prosper and remains an engine of prosperity for the UK. In 2021, UK aerospace achieved £22.4 billion in turnover, with £15.2 billion worth of exports. The industry supported 111,000 direct jobs, of which 5,500 are apprentices. All the above activity has a combined contribution to the UK economy of eight billion in value added.

Aircraft manufacturers are facing important decisions as demand for green and efficient aircraft intensifies and industry works towards achieving net zero by 2050. As part of this alternative sources of power are being considered such as sustainable aviation fuels and hydrogen. There are also significant and important milestones being developed and reached in Advanced Air Mobility (AAM), which remains a developing market and one to watch closely.

Farnborough International Airshow 2022 is a historical and timely moment for industry to be gathering and provides us all with the opportunity to make real and lasting connections with individuals and businesses. It is the forum for global leaders to gather, do business, and demonstrate capabilities and technology.

We hope the Global Aerospace Outlook covering industry trends, opportunities and programme status updates, will assist and guide you so your organisation can make a significant and informed contribution to the success of the global aerospace sector which the UK plays a critical role in.

We would like to thank the contributors of Outlook, including Achieving the Difference and members of the ADS Aerospace Export Focus Group.

Download the Outlook

ADS members can view and download the Global Aerospace Outlook 2022 via the members area here

ADS-Global-Aerospace-Outlook-2022

 

Please note you must be an ADS member to access this document. If you are not a member and would like access please contact:

Group Facilitator
Louise Hector, ADS Group Ltd
louise.hector@adsgroup.org.uk | Tel: 0207 091 4508

If you would like more information on any of the topics in this document, please reach out to the ADS Membership team who will be able to put you in touch with relevant ADS colleagues.