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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

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
$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 Investment Chapter

The Space Vehicle and Missile Manufacturing industry has a low level of capital intensity. IBISWorld estimates that for every $1.00 spent on wages, the industry will allocate $0.05 to capital investment. For the most part, this 2014 value mirrors the degree of industry capital intensity in 2009. Industry operators require an extensive supply of skilled labor to continue operations; as a result, wage costs account for the second largest share of industry revenue, estimated at 34.0% of the total in 2014. Industry operators, such as Lockheed Martin, reference in their annual reports that the demand for applicable skilled labor, especially technical and scientific workers such as engineers, exceeds the current supply... 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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