Invest Black Country has released the second Black Country Perspectives report, Aerospace Precision, focusing on the Aerospace Components Sector and its impact on the local economy.
• Black Country provides equivalent of £1.5 billion to UK output for aerospace manufacturing
• 28,000 Black Country jobs supported by aerospace demand
• Midlands Aerospace Cluster is equivalent to 7% of European and 3% global aerospace output
The report, which can be downloaded below, has been produced by the West Midlands Economic Forum. It highlights the Black Country’s competitive edge due to component manufacturers’ long-established reputation for precision, quality and reliability and highlights that Black Country producers provide components that are utilised in every stage of aircraft construction.
Black Country aerospace suppliers are an intrinsic part of the wider Midlands aerospace cluster, manufacturing laminated plastics, carbon, graphite and composite materials including phenolic, epoxy, silicone and polyimide resins with glass, cotton and paper reinforcements.
The Black Country also has companies that are market leaders in design, manufacture and through-life support of actuation systems for the aerospace sector as well as developing and supplying primary and secondary flight control systems.
Global demand is anticipated to be robust over the next two to three decades, with the total civilian air fleet expected to double in size from the current 20,000 aircraft to over 41,000 large commercial aircraft. Accordingly, overall growth can be realistically forecast to be in the range of four to five per cent per annum over the near term.