According to the industry’s leading publication of manufacturing news, ‘The Manufacturer’, 2013 was a record year for the aerospace industry in the UK.
The trade organisation ADS, who work to advance the UK Aerospace, Defence, Security and Space industries, have reported that UK orders of commercial aircraft have increased by 28% in the last year. According to the ADS, there is also now a backlog of orders for commercial aircraft, including 20,000 engines and 11,000 aircraft. This backlog of orders is set to keep the UK aerospace industry, and its employees, busy for about 9 years!
“Growth in the Aerospace Industry”
Business Secretary Vince Cable said: “These figures highlight the opportunity for growth in the aerospace industry and the potential rewards that British businesses could reap.” Mr Cable also suggested that by working together, the UK government and industry can ensure that the opportunities are optimised.
Mr Cable continued: “Together we have committed £2 billion over the next 7 years to create an Aerospace Technology Institute to help us win work on developing and building the planes and helicopters of the future, here in the UK. The Aerospace Industrial Strategy, which the Government has developed jointly with industry, is giving businesses the confidence to invest in the UK, creating more high-skilled, long-term jobs.
Paul Everett, CEO of ADS said, “Global demand for new aircraft and engines is generating new demand and opportunity for the UK aerospace industry. The Aerospace Growth Partnership and the government’s long-term commitment to the sector’s growth is making a difference and we must continue to maximise the value of this unique collaboration between industry and government.”
UK Specialise in Aircraft Manufacture
ADS has predicted that by 2032, there will be demand for 29,000 large civil airliners, 24,000 business jets, 5,800 regional aircraft and 40,000 helicopters.
It is fantastic news, as the UK specialise in the development and manufacture of some of the most complicated and high tech parts of modern aircraft. ADS predict that this means a potential market share of around $600bn for the UK.
Here at NiTEC electroless nickel plating specialists, we are thrilled that UK manufacturing is thriving. The aerospace industry is a growing sector and there is so much talent in the industry in this country. Our electroless nickel plating services can be used for a wide variety of industries including oil and gas, aviation and aerospace, so it’s fantastic news for us too.