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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 provides the latest industry statistics and industry trends, allowing you to identify the products and customers driving revenue growth and profitability. The industry report identifies the leading companies and offers strategic industry analysis of the key factors influencing the market.

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 - 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.

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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