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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 2014

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
$24bn
Annual Growth 09-14
-0.2%
Annual Growth 14-19
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Profit
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Employment
71,196
Businesses
84
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

 


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 systemsSpace ground equipmentOther 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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