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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 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 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
$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 Analysis Chapter

Operators in the Aircraft, Engine and Parts Manufacturing industry have experienced some turbulence over the past five years. Participants in this industry produce aircraft, aircraft subsections, engines, parts and avionics systems 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 Department of Defense (DoD) buying the lion's share of these goods. During the recession, declining discretionary spending led to a drop in the demand for air travel and, consequently, both domestic and international airlines delayed or canceled orders of commercial aircraft and associated parts... 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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