A leading manufacturer of airline parts with business centers spread across the globe wanted to develop a new strategy to manage the risks affecting the growth of the airline industry and implement appropriate policies and organizational structures to achieve their strategic objectives. The client, with Infiniti’s risk assessment strategy, also wanted to analyze the risk factors in terms of financial risks, including foreign exchange rates, interest rates, stock prices, and the losses resulting from fluctuations in the interest rates.
Solutions Offered and Value Delivered
Infiniti’s risk assessment experts carried out extensive research comprising interviews and discussions with leading stakeholders in the airline industry to help the aircraft parts manufacturer to measure and monitor risks. The experts also compiled information from various secondary resources such as paid industry databases, company presentations, and industry forums to help the client assess the complexity of the risks.
With the help of Infiniti’s industry risk assessment solution, the aircraft parts manufacturer was able to profile the key competitors, their product offerings, and identified effective ways to reduce bottlenecks. Additionally, with risk assessment strategy, the client identified and analyzed the potential factors impeding the industry’s growth and also increased their focus on devising a robust risk management strategy to limit the associated risks involved in entering niche market segments.
Develop a risk assessment plan to deal with unexpected risks and stay ahead of your competitors.
Future of Global Aircrafts Industry
The global aircraft parts and components manufacturing industry includes establishments manufacturing aircraft, aircraft engine, engine parts, other aircraft parts, and auxiliary equipment. The aircraft parts manufacturing industry has changed significantly over the past five years. The industry’s commercial segment witnessed significant growth owing to the increasing instances of global air travel. On the flip side, the defence segment has been impacted by declining US defence spending, partially offsetting strong commercial demand. Nonetheless, due to surging commercial demand, the aircraft parts industry revenue is expected to increase.
However, our analysis of the airline industry trends shows that the aircraft parts manufacturers are facing challenges in terms of:
- Intense competition and air traffic: Firms within the airline industry constantly face the pressure to understand their actual revenue growth and potential profitability though they compete against low-cost and best-cost carriers.
- Customer Expectations: One of the most crucial aspects for firms operating across the airline industry space is the ability to manage customer expectations with respect to their experience. Identifying what customers are expecting out of the air transport services becomes decisive.
Many such factors are compelling firms in the aircraft parts manufacturing space to leverage the use of industry risk assessment solutions. Industry risk assessment solutions help firms assess the competition and determine potential sectors for expansion. Risk assessment solutions also help airline industry firms to segment their risks based on priorities effectively.
Why Leverage Infiniti’s Risk Assessment Strategies?
Established in 2003, Infiniti Research is a leading market intelligence company providing smart solutions to address your business challenges. Infiniti Research studies markets in more than 100 countries to help analyze competitive activity, see beyond market disruptions, and develop intelligent business strategies and risk assessment strategies.
With a team of highly skilled market research professionals, we offer customized solutions that will help companies to magnify competitive advantage by improving speed-to-market.