How competitive is the European aerospace supplier industry?

New aero­space stu­dy on the inter­na­tio­na­li­za­ti­on and com­pe­ti­tiveness of Ger­man and French aero­space sup­plier indus­try by h&z and Kea & Part­ners.

Munich, April 25, 2018 – “The sup­plier indus­try has play­ed a major role in the growth rate and increa­sed deli­very per­for­mance of Air­bus from 2012 until today“. That was one of the fin­dings of the new aero­space stu­dy by h&z Unter­neh­mens­be­ra­tung in coope­ra­ti­on with its French sis­ter firm Kea & Part­ners. “Espe­ci­al­ly in Ger­ma­ny, the depen­dence on Air­bus pro­grams is enor­mous, almost con­sistent­ly grea­ter than 80%”, says Micha­el San­to, Mana­ging Part­ner at h&z.

The stu­dy

In recent mon­ths, the trans­na­tio­nal aero­space team of the Trans­for­ma­ti­on Alli­an­ce, led by Micha­el San­to and Sébas­ti­en Mai­re, pre­pa­red a com­pre­hen­si­ve stu­dy on the com­pe­ti­tiveness of the Ger­man and French aero­space sup­plier indus­try in the run-up to the ILA 2018 in Ber­lin, over the cour­se of which more than 140 com­pa­nies were ana­ly­zed and eva­lua­ted. Sin­ce h&z alre­ady con­duc­ted a stu­dy accord­ing to this logic in 2012, it was pos­si­ble to quan­ti­fy the deve­lop­ments of the past five years and to deri­ve future trends.

The key state­ments

The rate reduc­tion of the A380 to 0.8 units per month and the low demand for the A400M have led to over­ca­pa­ci­ties in Ger­ma­ny and Fran­ce, par­ti­cu­lar­ly in the aero­st­ruc­tures sec­tor (inclu­ding fusela­ge, wings, and tail units), which can­not com­pen­sa­te for the increa­sed rates in the A320 pro­gram.

As a result, com­pe­ti­ti­ve pres­su­re is increa­sing steadi­ly and signi­fi­cant­ly. In addi­ti­on, com­pe­ti­ti­on in 2012 was still pre­do­mi­nant­ly regio­nal or Euro­pean; today, the­re is real glo­bal com­pe­ti­ti­on with play­ers from the US and Asia, who are also win­ning signi­fi­cant orders that pre­vious­ly were car­ri­ed out by Ger­man and French com­pa­nies.

The com­pe­ti­tiveness of Ger­man and French com­pa­nies has decrea­sed mea­sur­a­b­ly over the last 5 years, and now more than 50% of com­pa­nies no lon­ger meet the slight­ly increa­sed requi­re­ments of OEMs and lar­ge Tier 1 com­pa­nies

Only tho­se com­pa­nies that accept glo­bal com­pe­ti­ti­on and esta­blish them­sel­ves inter­na­tio­nal­ly (e.g., with loca­ti­ons in Asia and/or North Ame­ri­ca) will be able to sur­vi­ve in the medi­um term.

If you are inte­rested in the stu­dy, plea­se con­tact us: aerospace@huz.de