Market Segmentation
Aerospace-Avionics
In Aerospace-avionics, we note indications of good prospect in terms of acquisition of additional aircraft of various sizes, replacement over the medium to long-term of aircraft which are less fuel-efficient and upgrading/replacement of cockpit instrumentation system/sub-systems.
We believe that we are particularly well-positioned in the general aviation sector which mainly includes private and business jet. Additionally, we consider the air transport sector which mainly includes commercial aircraft as another prospective growth driver having commenced EMS contracts in the sector.
Medical / Life & Analytical Sciences
In medical/life and analytical sciences, we view positive prospects driven by new product innovation and increased need for specialized medical instrumentation.