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Global Military Aircraft & Aerospace Manufacturing: Market Research Report

Global Market Research • Global Market Size • Industry Statistics • Industry Analysis • Industry Trends

Global Military Aircraft & Aerospace Manufacturing Market Research Report | Nov 2011

The global economy presents its own set of opportunities and threats for businesses in a range of industries. IBISWorld’s Global Military Aircraft & Aerospace Manufacturing global market research report offers insightful industry analysis and research into the market at an international level. IBISWorld’s in-depth industry market research is presented in a logical and consistent format. The industry report contains key industry statistics, market size, industry trends, and growth and profit forecasts for a 5-year outlook period.

Report Snapshot
Market Share of Companies
Boeing Boeing market share
Honeywell International Honeywell International market share
Lockheed Martin Lockheed Martin market share
Northrop Grumman Northrop Grumman market share
United Technologies United Technologies market share
Industry Statistics & Forecast
Revenue
$154bn
 Annual Growth 06-11
2.2%
 Annual Growth 11-16
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Profit
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 Employment ('000)
379
 Businesses
1,727
Industry Analysis & Industry Trends

The Global Military Aerospace Products Manufacturing industry is expected to generate $154.2 billion in revenue during 2011. This is an increase of 3.5% compared with the year prior, and represents an annual increase of 2.2% over the past five years. The projected growth in revenue during the five-year period is primarily attributed to an increase in demand for military aircraft and missile systems, especially from the North America and Europe regions since 2002. Factors that contributed to the growth for military aerospace equipment include the Iraq War, the war on terrorism and homeland security. Over the five years through 2016, advancements in technology such as fifth-generation jet fighters and unmanned aerial vehicles (UAV) will be the new drivers for the industry... read more

Starting a New Business

The Global Military Aerospace Products Manufacturing industry is for a new player to enter. High start-up costs – from land acquisitions to investment in technology – make it difficult for new industry entrants. Entry is less difficult in the auxiliary and parts manufacturing segment, based on the lower cost (and quantity) of machinery required. The industry also demands skilled staff and is on the leading edge of technology – constantly striving to create new products and improve existing ones. Many more aerospace-related professionals work in the scientific research and development services industries and a bachelor's degree in a specialized field, such as engineering, is required for many of these jobs... read more

 


Industry ProductsRelated ReportsTable of Contents

What is the Global Military Aircraft & Aerospace Manufacturing Industry?

This industry includes businesses that perform one or more of the following: manufacturing complete aircraft, missiles or space vehicles; manufacturing aerospace engines, propulsion units, auxiliary equipment or parts; developing and making prototypes of aerospace products; aircraft conversion (i.e., major modifications to systems); and complete aircraft or propulsion systems overhaul and rebuilding (i.e. periodic restoration of aircraft to original design specifications).

Industry Products
Aircraft Aircraft engines and engine partsOther parts and auxiliary equipmentGuided missiles and space vehicles
 
Industry Activities
Manufacturing military aircraft, missiles and space vehiclesManufacturing military aerospace engines, propulsion units, auxiliary equipment or partsDeveloping and making military prototypesMilitary aircraft conversionMilitary complete aircraft or propulsion system overhaul and rebuildingManufacturing military space launch vehicles


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