Industrial machinery production - which represents $1.6tr of the $3.8tr global industrial capital expenditure spending in 2013 - is the area to be most dramatically affected by advancing 3D printing technology, says Alex Chausovksy, senior principal analyst, industrial automation, at IHS.
Even in the worst-case scenario, there will be a rising demand for freighter aircraft over the next 20 years, according to the most recent forecast by Seattle's Air Cargo Management Group (ACMG).
Boeing and Commercial Aircraft Corp. of China (COMAC) have opened a demonstration facility that will turn waste cooking oil, commonly referred to as "gutter oil" in China, into sustainable aviation biofuel. The two companies estimate that 500 million gallons (1.8 billion liters) of biofuel could be made annually in China from used cooking oil.
Amid all the fine financial news Boeing can tout - a record order backlog, robust profit margins, a higher profit outlook - one of the airplane maker’s dreariest performers continues to be its highest-tech, most fuel-efficient product: the 787 Dreamliner.
The latest supply-chain news, analysis, trends and tools for executives in the aerospace and defense industry. Learn how aerospace and defense companies and their suppliers around the world are managing the flow of products across all channels of the enterprise. Experts sound off on forecasting and demand planning, supply-chain visibility, logistics outsourcing, inventory optimization, transportation management, warehouse management, supply-chain security, corporate social responsibility and more.
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