The global aerospace industry has witnessed an impressive growth during the past few years, with civil aviation segment emerging as the major contributor towards the growth of the industry. The US and European countries have been the dominant markets of this industry and are acting as catalyst for the overall industry growth. During tough economical conditions also, the aerospace industry has shown an upward trend in line with the strong market developments in the US, says our new research report “Aerospace Industry Forecast to 2013”. Further, the global aerospace and defense market is expected to reach US$ 889 Billion by 2013, growing at a CAGR of over 5% during 2011-2013.