Industry Analysis & Industry Trends
Revenue for the Aircraft, Engine and Parts Manufacturing industry will rise slightly in the five years to 2018 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 - 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 and may be susceptible to lower margins and profit.
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