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Aircraft, Engine & Parts Manufacturing in the US: Market Research Report

Market Research • Market Size • Industry Statistics • Industry Analysis • Industry Trends

Aircraft, Engine & Parts Manufacturing Market Research Report | NAICS 33641a | Aug 2014

Clear skies: Airlines will continue to update fleets and more consumers will opt to fly

IBISWorld’s Aircraft, Engine & Parts Manufacturing market research report can be used to help you: understand market size and growth potential; major companies; draft business plans and pitch books; and conduct benchmarking and SWOT analysis. Our industry analysis highlights macro industry trends in the overall sector and micro trends faced by companies that do business in the industry. The industry report also provides key industry statistics and 5-year forecasts to anticipate future industry prospects so you can decide with confidence.

Report Snapshot
Industry Statistics & Market Size
Revenue
$181bn
Annual Growth 09-14
1.9%
Annual Growth 14-19
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Profit
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Employment
331,361
Businesses
1,311
Industry Analysis & Industry Trends

The Aircraft, Engine and Parts Manufacturing industry has had its ups and downs over the five years to 2014. During the recession, industry revenue fell as collapsing demand for air travel led to fewer purchases of industry products from airliners. However, persistent demand for military-related products helped reduce the depth of this decline. In addition, as the economy recovered, demand for air travel increased while emerging economies boosted exports. In the five years to 2019, the industry will continue to reach new altitudes alongside strong commercial demand, but declining military spending will temper growth... purchase to read more

Industry Report - Industry Products Chapter

Aircraft

Aircraft manufacturing dominates the industry, accounting for an estimated 58.9% of industry revenue. The segment broadly includes civilian and military aircraft as well as modifications to completed aircraft. Civilian aircraft include large commercial aircraft (LCA), medium or regional aircraft, business jets, helicopters and ultra-light aircraft. The LCA market (led by Boeing) includes freighters that are built for logistic air transport. LCA manufacturers supply to nearly all of the commercial passenger airlines and freight and logistics companies that provide air transportation.

In addition, aircraft manufacturers are contracted to undertake military aircraft manufacturing for governments. Military aircraft can include fixed or non-fixed wing aircraft... purchase to read more

 


Industry ProductsRelated ReportsTable of Contents

What is the Aircraft, Engine & Parts Manufacturing Industry?

Companies in this industry manufacture and overhaul complete aircraft, develop prototypes and convert aircraft. The industry also includes the manufacture, conversion and overhaul of aircraft engines and propulsion systems. Additionally, the industry makes related parts and auxiliary equipment. For information on guided missiles, space vehicles and related equipment, which are excluded from this industry, see Space Vehicle and Missile Manufacturing industry (IBISWorld report 33641b).

Industry Products
AircraftAircraft engines and engine partsOther aircraft parts and auxiliary equipment
 
Industry Activities
Manufacturing and rebuilding aircraftManufacturing aircraft engines and engine partsManufacturing aircraft auxiliary parts


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