In 2021, penetration rate of advanced materials in the aerospace and defense industry in India was at 55 percent. By 2028, the rate of penetration was predicted to increase to 65 percent. Advanced materials include composites, ceramics, advanced aluminumalloys, and performance alloys, which are lightweight substitutes of steel, and aluminium.
Penetration rate of advanced materials in the aerospace and defense industry in India in 2021, with an estimate for 2028
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EY-Parthenon. (March 9, 2023). Penetration rate of advanced materials in the aerospace and defense industry in India in 2021, with an estimate for 2028 [Graph]. In Statista. Retrieved October 31, 2024, from https://www.statista.com/statistics/1394261/india-advanced-materials-penetration-in-the-aerospace-and-defense-industry/
EY-Parthenon. "Penetration rate of advanced materials in the aerospace and defense industry in India in 2021, with an estimate for 2028." Chart. March 9, 2023. Statista. Accessed October 31, 2024. https://www.statista.com/statistics/1394261/india-advanced-materials-penetration-in-the-aerospace-and-defense-industry/
EY-Parthenon. (2023). Penetration rate of advanced materials in the aerospace and defense industry in India in 2021, with an estimate for 2028. Statista. Statista Inc.. Accessed: October 31, 2024. https://www.statista.com/statistics/1394261/india-advanced-materials-penetration-in-the-aerospace-and-defense-industry/
EY-Parthenon. "Penetration Rate of Advanced Materials in The Aerospace and Defense Industry in India in 2021, with An Estimate for 2028." Statista, Statista Inc., 9 Mar 2023, https://www.statista.com/statistics/1394261/india-advanced-materials-penetration-in-the-aerospace-and-defense-industry/
EY-Parthenon, Penetration rate of advanced materials in the aerospace and defense industry in India in 2021, with an estimate for 2028 Statista, https://www.statista.com/statistics/1394261/india-advanced-materials-penetration-in-the-aerospace-and-defense-industry/ (last visited October 31, 2024)
Penetration rate of advanced materials in the aerospace and defense industry in India in 2021, with an estimate for 2028 [Graph], EY-Parthenon, March 9, 2023. [Online]. Available: https://www.statista.com/statistics/1394261/india-advanced-materials-penetration-in-the-aerospace-and-defense-industry/