How to Forecast the Market with Forecast International?

About Forecast International

For over 50 years, Forecast International has been the premier provider of market intelligence services to the world aerospace, defense, military electronics and power systems industries. 

Learn how Forecast Internatioanl’s market intelligence can support you to identify market opportunities today and in the future. 

What is forecasting?

When developing an aerospace or defense contracting strategy, it’s important to look in all directions – especially forward. For 50 years, Forecast International has used proprietary forecasting methodology to enable our clients to anticipate what’s coming next, giving them the necessary leverage to outperform competitors and quickly pivot during market upheaval. 

Why Should You Use Forecast International?

• To make a difference in the market with 3rd Party data usage 
• To follow new market opportunities 
• To offer your products with the right pricing policy according to the market 
• To create your production plan according to the market capacity 

How to use forecasting to boost your contracting strategy:

Forecasting is an integral part of any aerospace or defense production strategy. Effective production forecasting can prevent previously unnoticed hurdles from becoming major roadblocks months, years, or even decades down the line.  

Forecasting can also help you get ahead of the game, positioning your company to provide what your ideal client needs before they even know they need it. Here are a few other ways you can use forecasting in your strategy: 

1. Compare. You can compare the production forecasts for competitors in distinct market segments to see how each is expected to perform. 
2. Estimate. If you make a component for a specific platform, you can use a production forecast to judge how much material or labor will be required to fulfill orders over a certain period.  
3. Evaluate. If you’re a financial analyst, you can examine the value of production for various contractors over a period of time for a market segment. 
4. Engage. Discover gaps that exist within your industry, and find ways you can fill them in the future. Or, find out how you can expand or pivot into an entirely new defense market.  
5. Optimize. Find ways to make your systems more efficient, or to streamline your production processes. 

Forecasting methods: 

• The forecasting process utilized by Forecast International is both qualitative and collaborative. 
• It is the judgment of the analysts themselves that is the final arbiter in the preparation of our forecasts.Our analysts conduct daily research using our extensive library and database resources, and augment this research through direct contacts with authoritative sources located throughout the world.  
• Ten-year and 15-year forecasts are developed for each platform, within the markets that we cover, that is in production or expected to enter production during the forecast timeframe. 
• All manufacturers worldwide are generally covered by our forecasts, not just the major Western manufacturers. 
• Our Platinum Forecast System product provides clients with customizable forecast data for a wide range of aerospace and defense markets, and includes real-time access to forecast updates made by our analysts. 

Forecast International’s methodology

Generally, FI analysts follow a specific methodology when developing production forecasts. We analyze enormous amounts of data and information from a variety of sources, including: 

All of this information is taken and used to develop long-range forecasts. Forecasts are developed for each system in production or in development and are based on projected share of the relevant market segment. 

Forecast International Civil Aerospace & Military Aerospace 

Civil Aerospace: THE SKY’S NOT THE LIMIT FOR CIVIL AEROSPACE 

Whether your industry functions within Earth’s atmosphere or not, Forecast International has the data you need to stay ahead of the competition. 

SUITE OF PRODUCTS 

This suite of products is made specifically to help civil aerospace specialists succeed. 

Military Aerospace: MILITARY AEROSPACE CONTINUES TO SOAR 

As supply chain issues spurred by the global COVID-19 crisis begin to slow and conflicts like the Russia-Ukraine War galvanize an increase in defense procurement, military aerospace production is flying high. Lean on Forecast International’s market forecasting and analysis to take you even higher. 

SUITE OF PRODUCTS 

This suite of products is made specifically to help military aerospace specialists succeed.