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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 | Feb 2014

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

IBISWorld’s Aircraft, Engine & Parts Manufacturing market research report provides the latest industry statistics and industry trends, allowing you to identify the products and customers driving revenue growth and profitability. The industry report identifies the leading companies and offers strategic industry analysis of the key factors influencing the market.

Report Snapshot
Industry Statistics & Market Size
Revenue
$182bn
Annual Growth 09-14
2.0%
Annual Growth 14-19
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Profit
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Employment
312,759
Businesses
1,264
Industry Analysis & Industry Trends

Revenue for the Aircraft, Engine and Parts Manufacturing industry will rise slightly in the five years to 2019 as consumers resume air travel and airlines renew their fleets. Further, as new aircraft come to market, companies will command higher prices, leading to improved profit. Defense spending will likely contract as the United States winds down military involvement overseas, but commercial demand and a rise in very light jet production will keep revenue strong... purchase to read more

Industry Report - Industry SWOT Analysis Chapter

IBISWorld analysis reveals that the Aircraft, Engine and Parts Manufacturing industry is in the mature phase of its life cycle. In the ten years to 2019, industry value added (IVA), which measures an industry's contribution to the economy, is forecast to rise at an annualized 4.1%, which is higher than GDP's growth of 2.7%. Because demand for air travel typically moves in line with economic growth, demand for aircraft and associated parts also moves along with GDP. In addition, military spending, which is a major industry revenue source, is usually associated with the amount of taxes the government can collect... 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 IBISWorld report, 33641b Space Vehicle and Missile Manufacturing.

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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