#24 Manufacturing Matters - Medical, aerospace, & EV market outlook

The global medical devices market is expected to reach $850 billion by 2030. Global automakers are projected to spend more than $515 billion by 2030 to develop and build electric vehicles (EVs). While supply disruptions could complicate areas of the aerospace market, AeroDynamic Advisory forecasts 19% deliveries growth in 2023 and 10% in 2024.

The global medical devices market was valued at $550 billion in 2021 and is expected to reach $850 billion by 2030, showing 5.5% compound annual growth rate during the forecast period. Learn what sectors will shine and which will hold steady. Read the cover story in the January/February 2023 issue of Today's Medical Developments to learn more about the market and the outlook for the industry.

Aerospace manufacturing has rebounded, driven by passenger demand for air travel reaching pre-pandemic levels and airlines betting that demand will continue. Aircraft production has lagged, however, as OEMs scramble to overcome supply chain challenges and the ever-present skilled worker shortage. Should we expect a bumpy ride ahead or clear skies? Read the cover story in the January/February 2023 issue of Aerospace Manufacturing & Design to learn more about the market and the outlook for the industry.

Global automakers are projected to spend more than $515 billion by 2030 to develop and build electric vehicles (EVs). In the US alone, 13 carmakers have announced plans to spend more than $75 billion to open EV manufacturing plants in 6 states. By 2025, more than 100 EV models are expected to be on the market and available to U.S. customers. But there’s more to EV than cars and trucks – think drones, planes, bikes, and boats. Visit htps://www.evdesignandmanufacturing.com to learn more about the market and what to expect in the years ahead.

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