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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 | Sep 2014

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

IBISWorld’s Space Vehicle & Missile 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
$22bn
Annual Growth 09-14
-1.8%
Annual Growth 14-19
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Profit
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Employment
70,675
Businesses
84
Industry Analysis & Industry Trends

The Space Vehicle and Missile Manufacturing industry fizzled out over the past five years, as funding for industry programs declined. However, despite less government spending, the industry's commercial space activity has increased, resulting in a rise in the number of industry operators. In the five years to 2019, industry revenue is forecasted to increase, due to climbing demand for communications satellites, exports, new missile and space development programs. In addition, the hardly established space tourism sector is anticipated to play a larger role during the next five years. Nonetheless, decreased federal funding is will continue to threaten industry growth... purchase to read more

Industry Report - Starting a New Business Chapter

For each industry segment, the barriers to entry are formidable. High start-up costs come in the form of land acquisitions, facilities construction and technological investments; these costs make it extremely difficult for new companies to enter the industry. Entry is more feasible in the parts and components manufacturing segments; however, participants in these areas are largely subject to the requirements of major industry players who outsource these activities, and are not likely to work with new partners.

Industry operators require a highly skilled workforce that is capable of exploiting leading-edge technologies... 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.

Industry Products
Missile systemsSatellitesLaunch systemsOther space systems
 
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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