You are here:
Homepage > Industries > Aerospace
Aerospace Industry
Technology to Attain Higher Aims
Aerospace is one of Germany’s most innovative and best performing industries. And the industry keeps on growing: Experts predict that over the next twenty years about 25,000 new aircrafts will have to go into service in order to meet worldwide demand.
The presence of manufacturers of both civil and military aircraft in Germany offers numerous opportunities for investors, especially in areas like aircraft interiors, engines, lightweight construction, or general aviation. German aircraft manufacturers are seeking new technologies and solutions to comply with “Vision 2020,” a program established by the European aeronautics industry to cut emissions and noise while increasing capacity.
Our Industry in Numbers
- 9% average annual growth rate since the mid-1990s
- EUR 20.2 billion in turnover in 2007
- 15-20% of annual revenues dedicated to R&D
- 88,000+ highly skilled industry employees
- 155+ companies and related institutions
Our Advantages
MARKET – Aerospace is an industry in demand. Over the next 20 years, estimates foresee the demand for roughly 25,000 new civil aircraft worldwide. Moreover, when it comes to the space sector, demand for environment- and security-related global monitoring is estimated at EUR 29 billion by 2009 for the European market alone.
PERSONNEL – As a result of our dual education system, which combines the benefits of classroom and practical training, potential employees are well-prepared for the workplace. Our universities educate 4,500 aerospace students each year, and 25 of these universities are directly involved in industry-related research.
R&D – Our universities and research institutions foster industry-specific innovation and house more than 700 aerospace scientists. The German Aerospace Center (DLR) employs more than 5,000 people at 28 highly specialized institutes.
INCENTIVES – Germany offers investment incentives covering up to 50 percent of capital expenditure. In addition, there is extensive support for employment and R&D.
PHYSICAL INFRASTRUCTURE – We offer an extensive and comprehensive logistics infrastructure that integrates state-of-the-art transportation networks with the most modern telematics, IT, and telecommunications systems.
STABLE INVESTMENT ENVIRONMENT – Social, economic, and political stability provide a solid base for your corporate projects. Our judiciary and civil services are highly professional. Contractual agreements are secure, and intellectual property is strictly protected in Germany.
References
- Lufthansa Technik - Rolls Royce (N3 Engine Overhaul Services)
Take Advantage of Our Free Help - Whether you need to make connections, meet partners, choose locations, or maximize incentives, we’re here to help you!
To learn more, have a look at our downloads – like our informative publications – or contact us!
