The stainless steel aviation parts processing and aviation parts manufacturing industry emerged in the 1960s. With economic globalization, by the 1990s, the industry had become relatively mature. As its business scope continued to expand, its industry characteristics gradually emerged. Below, we summarize its industry characteristics:
1. Wide range of component types and high degree of customization
The degree of component customization is relatively high, and it can be customized separately for different parts of different models of aircraft. It should be noted that there are many components in an aircraft, and the requirements for design, material selection, and production technology are different for each component. Therefore, the production cycle and investment in this industry are relatively long.
2. High industry barriers
Because airplanes are not tools for mass production, there is a high demand for the quality of their components, requiring them to have high safety, reliability, and stability. Manufacturers must obtain corresponding qualifications and certifications before they can be put into production, resulting in a relatively high industry barrier.
3. Implementing a collaborative production cooperation model with supporting facilities
There is a high degree of linkage between general component manufacturers and aircraft manufacturers, and aircraft manufacturers often assess the production quality of component manufacturers through contract agreements and assessment methods. Production time and progress are managed, and even finished products produced by component manufacturers need to be handed over to the aircraft host factory for quality inspection.
4. The marketization level of military component manufacturing is relatively low
At present, there are relatively few domestic military component manufacturers due to the high threshold of idleness, and there are fewer private manufacturers participating in market competition. Therefore, the degree of marketization is relatively low and the market competitiveness is not strong.
To develop towards diversification in the aviation component manufacturing industry, it still requires policy support and the efforts of industry professionals.
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