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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 | Dec 2015

Experiencing some turbulence: Reduced military spending will offset private sector gains

IBISWorld’s Aircraft, Engine & Parts Manufacturing market research report offers insightful industry analysis and research into the market at the national level. IBISWorld’s in-depth industry market research is presented in a logical and consistent format. The industry report contains key industry statistics, market size, industry trends, and growth and profit forecasts for a 5-year outlook period.

Report Snapshot
Industry Statistics & Market Size
Revenue
$233bn
Annual Growth 10-15
7.1%
Annual Growth 15-20
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Profit
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Employment
336,604
Businesses
1,319
Industry Analysis & Industry Trends

The Aircraft, Engine and Parts Manufacturing industry has gone through significant change as the commercial segment has rapidly rebounded from the recession, lifting demand for global air travel and fleet replacement. However, the defense segment has been hit hard by declining US defense spending, offsetting strong industry demand... purchase to read more

Industry Report - Industry Products Chapter

The United States is the largest aircraft manufacturer in the world, with leading companies in large commercial aircraft, combat aircraft, helicopters, unmanned aerial vehicles and engines segments. Over the past five years, strong demand from emerging market airlines for new commercial aircraft, the replacement of older aircraft with newer models and the recent pick up in general aviation aircraft has led to a surge in civil aircraft production. On the other hand, the wind down of US combat operations in the Middle East and the overall decline in defense spending has led to decline military aircraft sales. As a result, the industry's civil products' share of revenue is estimated to climb from about 57.0% in 2010 to 75.0% in 2015... 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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