Shikun Electronics Co., Ltd.'s Perspective:
We see these advancements as opportunities to enhance our contributions to the aerospace sector. By supplying high-quality electronic components and leveraging new manufacturing techniques, we aim to support the development of innovative aerospace technologies. Our commitment to quality and innovation positions us to collaborate with leading aerospace companies, ensuring we meet the evolving demands of the industry and contribute to its growth and efficiency.
In 2018, the aerospace industry experienced several key developments. The global aerospace and defense (A&D) industry saw a revenue increase to $685.6 billion, reflecting a 2.7% growth from the previous year. This growth was driven primarily by increased defense spending and a steady demand for commercial aircraft, despite some supply chain constraints and labor shortages.
Significant advancements included the increasing integration of digital technologies and additive manufacturing. Digital solutions such as advanced data analytics and predictive maintenance became more prevalent, helping to improve operational efficiency and reduce costs. Additive manufacturing, particularly 3D printing, gained traction, allowing for the production of complex components with reduced material waste and shorter production times.
For more information about our products and services, visit our website or contact our sales team.
