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 Key Buyers Chapter
The Space Vehicle and Missile Manufacturing industry operates with a high level of market share concentration, with the top four producers accounting for an estimated 88.4% of total industry revenue in 2014. The industry is composed of an estimated 84 companies that operate 119 establishments in 2014. Larger players that primarily manufacture complete space vehicles and missiles, rather than propulsion units or components, dominate the market due to the very expensive nature of their products. As such, companies like Lockheed Martin, Raytheon, Northrop Grumman and Boeing account for most of the industry's revenue.
High barriers to entry play a key role in determining the industry's concentration level... purchase to read more