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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 | Nov 2014

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

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 - Starting a New Business Chapter

In all industry segments, the barriers to entry are formidable. High start-up costs, from land acquisitions to investment in technology, make it difficult for new entrants in this industry. Entry is more possible in the auxiliary and parts manufacturing segment; however, participants would be subject to the requirements of major players that outsource these activities.

The industry demands skilled labor and is on the leading edge of technology, constantly striving to create new products and improve existing ones. The industry invests a great deal of time and money in research and development (R&D) on aerospace products, and much of that work is performed by professionals and related workers... 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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