Industry Analysis & Industry Trends
In the next five years, demand for industry products will likely slow due to the United States' withdrawal from Iraq, reduced government spending on defense and the aftereffects of the economic slowdown. However, ongoing conflicts in Afghanistan and other countries and increased spacecraft development by private companies will keep the industry in orbit... purchase to read more
Industry Report - Industry SWOT Analysis Chapter
The Space Vehicle and Missile Manufacturing industry is in the mature stage of its economic life cycle. Industry value added (IVA), which measures an industry's contribution to the overall economy, is expected to increase at an annualized rate of 1.4% during the 10 years to 2019. In contrast, US GDP is projected to grow at an annualized rate of 2.7% during the same period. Typically, an industry is considered to be in the mature phase of its life cycle when growth in IVA trends with GDP growth over a 10-year period.
There are a number of new variations to current products being developed, and the industry has been characterized by an extensive amount of technological change... purchase to read more