Key drivers forecasting
the aviation manufacturing market

Fluctuations in factors such as macroeconomic drivers, fuel prices, regulatory environment, and technological advancements can affect passenger demand, airline profitability, and overall market dynamics.

Assessing and anticipating these factors is vital for understanding market volatility and its impact on the aviation industry.

< 3 mins

Time taken to
identify most
relevant indicators

36

No. of leading
indicators tested

94%

MAPE
forecast
accuracy

*Indicio captures the group effect of the leading indicators, the relevance ranking of each indicator changes over time.
View full forecast resultsGet access to the latest indicators

Aviation manufacturing

Accurately forecast demand months ahead with improved forecasting accuracy

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leading indicators in this session
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01


01
Get an accurate overview of where demand is headed

No more puzzling together different sources of intelligence.
Instead, use one tool to forecast demand for all your end markets.

Build demand forecasts in a few clicks, and easily update them.

02


02
Identify the leading indicators relevant to your market

With seamless access to multiple data sources in Indicio, easily identify which leading indicators have the most bearing on your main variable (demand or sales).

Get the full picture of the dynamics driving demand.

03


03
Detect market trend shifts
months ahead


By understanding the demand dynamics of each market,
you gain the ability to detect the market trend shifts related to your industry.

Here are the leading indicators identified using Indicio:

Main variable: Manufacturers' New Orders: Nondefense Aircraft and Parts
Indicator name Influence
Trend: Manufacturers' New Orders: Nondefense Aircraft and Parts ⭐⭐⭐
United States, Exports, Capital Goods, Civilian Aircraft, SA, USD ⭐⭐
Manufacturers' Unfilled Orders: Nondefense Aircraft and Parts ⭐⭐
Manufacturers' Unfilled Orders: Nondefense Capital Goods s
Outbound Price Index (International Services): Air Freight
Kerosene-Type Jet Fuel Prices: U.S. Gulf Coast
American Airlines Group
Manufacturers' Total Inventories: Nondefense Aircraft and Parts
Producer Price Index by Industry: Nonscheduled Air Freight Chartering: Primary Services
Google trends: Airplane, US

Top indicators identified

Trend: Manufacturers' New Orders: Nondefense Aircraft and Parts

Tracking the trend helps identify the direction and magnitude of fluctuations in new orders, allowing for a better understanding of market conditions and potential future demand.

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Manufacturers' Unfilled Orders: Nondefense Aircraft and Parts

Unfilled orders represent the backlog of orders that manufacturers have received but have not yet completed or delivered. These orders indicate the level of demand for nondefense aircraft & parts that manufacturers need to fulfil in the future.

How we can help you

United States, Exports, Capital Goods, Civilian Aircraft, SA, USD

This provides valuable information about the international market demand for civilian aircraft, which in turn influences manufacturers' new orders for nondefense aircraft and parts.

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How we can help you

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How we can help you

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How we can help you

Use cases

Get better insights into demand patterns with strategic forecasting

Reduce lead times

Indicio provides you with a clearer understanding of your future demand by identifying your relevant market drivers, to ensure you successfully optimize the allocation of resources, optimize your procurement strategies and benefit improve cost efficiency.

Improve contingency plans

Play out different scenarios in Indicio to stay prepared for potential disruptions so you can take proactive measures such as diversifying suppliers, maintaining safety stock, and implementing contingency plans.

Detect market trend shifts ahead of time

Anticipate market trends and technological shifts through and make informed decisions about research and development investments, product diversification, and resource allocation.

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What our customers say

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Indicio advances our digital strategy of becoming a data-driven organization, producing
accurate forecasts in a fraction of time.

Alexander Noren, a customer that used Indicio

Alexander Norén

Head of Analysis
Skanska

Indicio tells us how our market
will evolve 'without emotions' which aligns everyone from management to production.

Steven Van Poecke, Toyota, customer of Indicio.

Steven Van Poecke

Market Intelligence
Toyota Material Handling Europe

Instrumental in helping us achieve higher efficiency in a
short period of time.

Anders Nordberg, LF Bank, customer of Indicio.

Anders Nordberg

Head of Macro
LF Bank

Case Study

How an aviation manufacturing company improved their forecast accuracy by 40%

Challenge
Their primary concern was to ensure that they could quickly adapt and optimize production capacity to meet market trend shifts. To do so, they required accurate forecasts of their sales volumes. However, this was not the case.

Solution
Using Indicio, they've now been able to identify new and stronger market leading indicators, improving forecast accuracy and their ability to detect market trend shifts.

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