Chocks away for Farnborough 2016

ADS Industry Facts & Figures 2016 (low-res)-1

Jason Ford

News editor

Today marks the start of the Farnborough International Air Show (FIA16), the biennial aviation showcase that will see an increase in international exhibitors and China exhibiting in its first dedicated pavilion.

The USA’s 360 exhibitors represent the largest international contingent and its 4,000m2 US International Pavilion is described as “a well-established destination for buyers looking for an efficient way to meet a critical mass of leading suppliers, an on-site business centre for US exhibitors looking to maximize their exposure…and a networking forum for all to share ideas and insights.”

The USA is joined in 2016 by Austria, Brazil, Republic of Ireland and South Korea, all of whom have dedicated country pavilions, bringing the international pavilions to 22.

Like automotive, the aerospace sector represents one the UK’s more successful engineering and manufacturing endeavours. In its Facts and Figures 2016, trade body ADS highlight that the UK’s aerospace sector alone turned over £31bn, made £27bn worth of exports and has grown 39% since 2010. FIA16 is, of course, the arena in which all aero-platforms are given a chance to shine by their creators, including space bound technology that is worth £4bn in exports and has grown by 27% since 2010. Looking forward, the UK’s space sector has the potential to be worth of £400bn by 2030 and FIA16’s dedicated Space Zone is expected to grow by 25% to satisfy demand.