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Joil

Aircraft parts manufacturer, Aircraft airframe, Aircraft engine, Aircraft parts and more
Name

Business

Series Products
Product Description
Products Development and production of over 4,000 items for 17 projects including military/civil aircraft engine and airframe parts.
Models A10, A321, AH64D, Boeing Series, C-130, T-50 Series, KUH...
Materials Steel Use Stainless(SUS), Aluminum(AL), Titanium(TI), Bronze(BZ), Tungsten, Inconel and Composite materials.
References Korea Aerospace Industries Ltd., Hanwha Techwin
Market outlook Decreased currency exchange rate and rapid development of China have led to increased demand for transportation and thus rapid increase in demand for large civil aircrafts, and the global aircraft market will grow to USD 824.6 billion by 2023 given that USA, China, and others are planning replacement of military aircrafts. Especially, Korea has experienced annual growth of 15% with the aerospace industry, which amounted to USD 4.34 billion and the market will be the leader of manufacturing industry in Korea.