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Space Vehicle & Missile Manufacturing in the US: Market Research Report

Market Research • Market Size • Industry Statistics • Industry Analysis • Industry Trends

Space Vehicle & Missile Manufacturing Market Research Report | NAICS 33641b | Mar 2015

Final frontier: Government funding is on the decline, but space tourism is set to launch

The Space Vehicle & Missile Manufacturing market research report provides key industry analysis and industry statistics, measures market size, analyzes current and future industry trends and shows market share for the industry’s largest companies. IBISWorld publishes the largest collection of industry reports so you can see an industry’s supply chain, economic drivers and key buyers and markets.

Report Snapshot
Industry Statistics & Market Size
Revenue
$26bn
Annual Growth 10-15
-0.1%
Annual Growth 15-20
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Profit
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Employment
70,274
Businesses
91
Industry Analysis & Industry Trends

The Space Vehicle and Missile Manufacturing industry had difficulty taking off over the past five years as government spending on industry programs came under pressure. After initially propping up industry revenue, declining federal funding for defense and scientific research caused by the winding down of military operations in the Middle East and high US budget deficits led to decreased industry revenue. However, surging exports of missiles helped industry players offset weaker demand at home. In the coming years,overall federal funding on industry products will remain constrained and may even further decline if sequestration continues. On the other hand, industry revenue growth will be boosted by increasing exports due to higher demand for US missile systems... purchase to read more

Industry Report - Industry Locations Chapter

Given that the Space Vehicle and Missile Manufacturing industry has so few establishments, estimated at only 119 in 2014, establishments at the state level fluctuate widely. For example, while 23 states are expected to be without an industry establishment in 2014, California is expected to contain 31.1% of the total. As a result, the West region dominates the industry in terms of establishments, holding an estimated 35.6% of the total in 2014. The Southeast and Southwest rank second and third in terms of industry establishments, as they are estimated to hold 20.9% and 14.1% of the industry's establishments, respectively, in 2014... purchase to read more

 


Industry ProductsRelated ReportsTable of Contents

What is the Space Vehicle & Missile Manufacturing Industry?

The Space Vehicle and Missile Manufacturing industry consists of businesses involved in the manufacture of guided missiles and space vehicles, including the development of prototypes and the manufacture and development of parts, propulsion units and support equipment used in guided missiles and space vehicles. This industry does not produce satellites.

Industry Products
Missile systemsSpace systemsPropulsion systemsOther missile and space vehicle parts
 
Industry Activities
Manufacturing complete guided missilesManufacturing complete space vehiclesResearching and developing complete missilesManufacturing missile and space vehicle propulsion unitsManufacturing missile and space vehicle components and partsResearching and developing missile and space vehicle propulsion unitsResearching and developing missile and space vehicle components and partsManufacturing and development of space ground equipment


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