The global aerospace market grows at an annual rate of about 10%. Most of demand comes from Asia, the Middle East and Latin America, while some from the United States and Europe for the purpose of updating and upgrading. From 2010 to 2029, the global civil aviation market will need about 150,000 aeroengines valued USD 801.4 billion. These engines will also create after-sales services valued about USD 650 billion in their service time.

GE, P & W and RR monopoly the R & D of large civil aircraft engines. China has not installed a trunk liner or feeder liner with the engines made in China.

Chinas annual output of civil aeroengines is very small. The engine delivery amount was only RMB 9.1 million in 2009, and is expected to be nearly RMB 12 million in 2011.

In 2010, AVIC Commercial Aircraft Engine Co., Ltd started to construct its R & D base. The launch of the large aircraft engine development project marked the formal start of China's civil engines. Following the United States, Britain, Russia and France, China has become the world's fifth country committed to the independent R & D of aeroengines. With the increasingly powerful economic strength, China has paid more attention to the aeroengine industry and provided support policies.

Xi'an Aero-Engine has huge potential. It can integrate the engine assets of Shenyang Liming Aero-engine, Harbin Dongan Engine and Chengdu Engine. By product, Shenyang Liming is the most promising one.

After integrating related assets in 2009, AVIC Aero-Engine Controls became the only domestic enterprise engaged in the R & D and sale of aeroengine control systems.

Compared with engines, aeroengine parts have higher output value in China. In 2010, the output value was estimated to be RMB 2.6 billion, up 37.5% year on year. Meanwhile, aeroengine component subcontracts brought RMB 609 million to Sichuan Chengfa Aero-Science & Technology, up 115% year on year, accounting for 53.19% of the total revenue. Beijing Cisri-Gaona Materials and Technology grasped the majority of market shares in the field of aeroengine superalloy.

With the development of China aviation industry, the output value of aeroengine maintenance and service has increased. Sichuan Haite High-Tech is the only listed aircraft maintenance company of China, and its aeroengine maintenance business maintains a gross margin of 45-55%. Global aeroengine giants have set up maintenance joint ventures in China, which will threaten the current status of Sichuan Haite High-Tech.

1 Chinese Aero-engine Market Environment
1.1 Policy
1.2 Technology
1.3 Industrial Pattern

2 Global and China Civil Aero-engine Industry
2.1 Global Civil Aero-engine Market
2.2 Chinese Civil Aero-engine Market
2.2.1 Status Quo
2.2.2 Trends
2.3 Investment Opportunities in China Aero-engine Industry
2.4 Operation of China Civil Aero-engine Industry
2.4.1 Engines
2.4.2 Components
2.4.3 Subcontracted Production of Engines
2.4.4 Maintenance

3 Key Aero-engine Enterprises in the World
3.1 GE Aviation Group
3.1.1 Profile
3.1.2 Operation
3.1.3 Advantage & Strategy
3.2 Pratt & Whitney Group
3.2.1 Profile
3.2.2 Operation
3.2.3 Advantage & Strategy
3.3 Rolls-Royce
3.3.1 Profile
3.3.2 Operation
3.3.3 Advantage & Strategy
3.4 Snecma
3.5 CFM International
3.5.1 Profile
3.5.2 Advantage & Strategy
3.6 International Aero Engines AG
3.7 Engine Alliance

4 Key Enterprises in China Aero-engine Industry
4.1 Xian Aero-Engine (600893)
4.1.1 Profile
4.1.2 Operation
4.1.3 Advantage & Strategy
4.2 AVIC Aero-Engine Controls (000738)
4.2.1 Profile
4.2.2 Operation
4.2.3 Advantage & Strategy
4.3 Sichuan Chengfa Aero Science & Technology (600391)
4.3.1 Profile
4.3.2 Operation
4.3.3 Advantage & Strategy
4.4 Beijing Cisri-Gaona Materials and Technology (300034)
4.4.1 Profile
4.4.2 Operation
4.4.3 Advantage & Strategy
4.5 Sichuan Haite High-Tech (002023)
4.5.1 Profile
4.5.2 Operation
4.5.3 Advantage & Strategy

List of Tables

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List of Figures

tainer Shipping Traffic of Asia-Europe Route, 2003-2010
Container Shipping Traffic of Atlantic Route, 2003-2010
Classification of Mainstream Containers, 2010
Top 20 Global Ocean-going Fleets by Capacity, 2011
Top 20 Global Container Ports, 2009-2010
Container Throughput of Singapore Port, 2004-2010
Container Throughput of Hamburg Port, 2004-2010
Container Throughput of Busan Port, 2004-2010
Container Throughput of Rotterdam Port, 2004-2010
Top 10 Container Ports in the United States, 2008-2010
Chinas Top 10 Trade Partners, 2010
Cargo Throughput of Ports in China, 2005-2010
Container Throughput of Ports in China, 2005-2010
18 Chinese Ports with Container Throughput over Million TEUs, 2010
Top 10 Chinese Ports by TEU Throughput, 2009-2010
Chinas Import and Export Statistics by Country, 2010
Chinas Waterway Construction Investment, 2003-2010
Major Foreign-funded (including Hong Kong-funded) Container Terminal Operators Involved in the Construction, Investment and Operation of Chinese Ports
Participation of Foreign Capital (including Capital from Taiwan, Hong Kong and Macao) in Major Chinese Ports
Port Privatization Methods
Port Cluster Classification in National Coastal Port Layout Planning
Major Container Terminals of Shanghai Port
Container Throughput of Shanghai Port, 2005-2011
Container Terminals of Ningbo Port
Container Throughput of Ningbo-Zhoushan Port, 2006-2011
Container Throughput in Lianyungang Port, 2005-2011
Container Traffic of Major Ports in Yangtze River Delta, 2009-2010
GDP Growth Rate of Yangtze River Delta, 2004-2010
Comparison of Shanghai, Ningbo and Suzhou Ports
Rational Strategic Layout of Three Major Container Ports in Yangtze River Delta
Container Throughput and Growth Rate of Shenzhen Port, 2005-2011
Container Throughput of Major Container Terminals of Shenzhen Port, 2010
Container Throughout and Growth Rate of Guangzhou Port, 2005-2011
Container Handling Capacity of Guangzhou Port, 2010
Market Occupancy of Shenzhen, Hong Kong and Guangzhou Ports by Container Throughput, 2003-2010
Comparison of Shenzhen, Guangzhou and Hong Kong Ports by Container Throughput, 2007-2010
Comparison of Shenzhen, Guangzhou and Hong Kong Ports by Competitiveness
Focus of Port Cluster Layout in Pearl River Delta
Container Throughput of Qingdao Port, 2005-2011
Qianwan Container Terminal of Qingdao Port
Container Throughput of Tianjin Port, 2005-2011
Major Container Terminals of Dalian Port
Container Throughput of Dalian Port, 2005-2011
Comparison of Three Major Ports in Pan-Bohai Sea Economic Rim by Container Throughput
Port Cluster in pan-Bohai Sea Economic Rim
Comparison of Three Major Container Ports by Hinterland
Major Container Terminals of Xiamen Port
Container Throughout of Xiamen Port, 2005-2011
Container Throughout of Fuzhou Port, 2004-2010
Container Throughput of Chinas Major Inland Ports, 2004-2011
Container Throughput of Chongqing Port, 2004-2010
Container Throughput of Wuhan Port, 2004-2010
Container Throughput of Nanjing Port, 2004-2010
Container Throughput of Suzhou Port, 2004-2010
Part of the Investment of Hutchison Whampoa in Container Terminals of Chinese Mainland, 2010
Container Throughput of Hutchison Whampoa, 2005-2010
Port and Port-related Business Income of Hutchison Whampoa, 2005-2010
PSAs Major Investment in Chinese Container Terminals
PSAs Container Throughput, 2005-2010
PSAs Operating Income, 2005-2010
Major Container Terminals Invested by China Merchants Holdings (International)
Container Throughput of China Merchants Holdings (International), 2004-2010
Container Throughput of China Merchants Holdings (International) by Region, 2004-2010
Operating Income of China Merchants Holdings (International), 2005-2010
Major Domestic Container Terminals Invested by COSCO Pacific
Container Throughput of COSCO Pacific, 2005-2010
Turnover and Net Income of COSCO Pacific, 2007-2011Q1
Operating Income Structure of COSCO Pacific by Business, 2009 & 2010
DPWs Terminal Investment in China (except Hong Kong)
Container Throughput of DPW, 2007-2010
Business Performance of DPW, 2007-2010