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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 | May 2016

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

IBISWorld’s Aircraft, Engine & Parts Manufacturing market research report is a comprehensive guide to market size and growth prospects. Our industry reports offer strategic industry analysis of the factors influencing companies, including new product developments, economic, lifestyle and demographic influences, distribution and supply chain factors and pricing issues. Full analysis accompanies our data forecasts to illustrate how the market responds to emerging industry trends.

Report Snapshot
Industry Statistics & Market Size
Revenue
$241bn
Annual Growth 11-16
6.9%
Annual Growth 16-21
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Profit
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Employment
425,001
Businesses
1,363
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 Analysis Chapter

The Aircraft, Engine and Parts Manufacturing industry has performed strongly over the past five years. Participants in this industry produce aircraft, aircraft subsections, engines and parts for both military and commercial purposes. More than half of the products sold are for commercial customers, but the most expensive and sophisticated items are made for military services, with the US Department of Defense (DoD) buying the lion’s share of these goods. Within the five-year period, the industry rapidly grew due to growing global, and eventually domestic, demand for commercial aircraft. On the other hand, falling US defense spending caused the industry’s defense segment to contract, partially offsetting gains from the commercial segment... 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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