2005 market figures (estimated):
Total market: USD 1.955 billion
Total imports: USD 1.856 billion
U.S. import market share: 15 %
Estimated market growth rate for 2006: 3-5 %
- Swiss aircraft operators are strong end-users of parts, components and avionics from U.S. suppliers.
- Switzerland’s sole aircraft manufacturer, Pilatus Aircraft, Ltd., relies heavily on its U.S. supplier base.
- Business aviation is becoming more and more popular among Swiss executives and politicians; thus, demand for business jets is on the rise.
- Switzerland’s two dozen aerospace manufacturers, most of which have risen to prominence due to their highly specialized niche products, want to broaden their U.S. supplier list and are hence interested in new product offers.
Best prospects for U.S. suppliers include:
- structural components
- hardware
- avionics
- aircraft flight instruments
- communication instruments
- systems integration
- services for aircraft, helicopter, and systems that stem from defense and civilian aeronautics and space technology