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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 | May 2016

Final frontier: Government funding is on the decline, but space tourism is set to launch

IBISWorld’s Space Vehicle & Missile Manufacturing market research report is a comprehensive guide to market size and growth prospects. Our industry reports offer strategic industry analysis of the factors influencing companies, including new product developments, economic, lifestyle and demographic influences, distribution and supply chain factors and pricing issues. Full analysis accompanies our data forecasts to illustrate how the market responds to emerging industry trends.

Report Snapshot
Industry Statistics & Market Size
Annual Growth 11-16
Annual Growth 16-21
Annual Growth
Industry Threats & Opportunities
  • Despite pressured government spending, the industry’s commercial space activity has increased
  • The industry was spared the brunt of recent defense cuts compared with other weapon systems
  • Federal funding for industry products will remain constrained, tempering revenue growth
  • ... purchase to read more

Industry Analysis & Industry Trends

The Space Vehicle and Missile Manufacturing industry had difficulty taking off over the past five years as government spending on industry programs came under pressure. After initially propping up industry revenue, declining federal funding for defense and scientific research caused by the winding down of military operations in the Middle East and high US budget deficits led to decreased industry revenue. However, surging exports of missiles helped industry players offset weaker demand at home. In the coming years, overall federal funding on industry products will remain constrained and may even further decline if sequestration continues. Conversely, industry revenue growth will be boosted by increasing exports due to higher demand for US missile systems... ... purchase to read more

Industry Report - Starting a New Business Chapter

For each industry segment, the barriers to entry are formidable. High start-up costs come in the form of land acquisitions, facilities construction and technological investments; these costs make it extremely difficult for new companies to enter the industry. Entry is more feasible in the parts and components manufacturing segments; however, participants in these areas are largely subject to the requirements of major industry players who outsource these activities, and are not likely to work with new partners.

Industry operators require a highly skilled workforce that is capable of exploiting leading-edge technologies. Ind.. ... purchase to read more

Additional Insights for the Space Vehicle & Missile Manufacturing Industry

IBISWorld identifies 250 Key Success Factors for a business.The most important for the Space Vehicle & Missile Manufacturing Industry are

  • Well-developed internal processes
  • Ability to take advantage of government subsidies and other grants
  • Ability to expand and curtail operations rapidly in line with market demand
  • IBISWorld analysts also discuss how external factors such as Federal funding for defense and NATO defense spending in the Space Vehicle & Missile Manufacturing industry impact industry performance... purchase to read more


    Industry ProductsRelated Reports

    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. This industry does not produce satellites.

    Industry Products
    Missile systemsSpace systemsPropulsion systemsOther missile and space vehicle parts
    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

    Table of Contents
    About this Industry
    Industry Definition
    Main Activities
    Similar Industries
    Additional Resources
    Industry at a Glance
    Industry Statistics Snapshot
    Industry Structure
    Executive Summary
    Industry Performance
    Executive Summary
    Key External Drivers
  • Federal funding for defense
  • NATO defense spending
  • Technological change for the Space Vehicle and Missile Manufacturing industry
  • Demand from satellite telecommunications providers
  • Trade-weighted index
  • Current Performance
  • Government funding
  • A more dynamic industry
  • Trade gains significance
  • Chart: Revenue Growth
  • Industry Outlook
  • Government funding stabilizes
  • Continued dynamism
  • Table: Space Vehicle & Missile Manufacturing Industry Revenue Outlook
  • Industry Life Cycle
  • Life cycle reasons
  • Chart: Benchmarking - Space Vehicle & Missile Manufacturing Industry Lifecycle vs The Economy
  • Products & Markets
    Supply Chains
  • Key Buying Industries
  • Space Vehicle & Missile Manufacturing
  • Public Administration
  • Key Selling Industries
  • Circuit Board & Electronic Component Manufacturing
  • Computer Manufacturing
  • Engine & Turbine Manufacturing
  • Molybdenum & Metal Ore Mining
  • Semiconductor & Circuit Manufacturing
  • Products & Services
  • Missile systems
  • Space systems
  • Propulsion systems
  • Other missile and space vehicle parts
  • Chart: Space Vehicle & Missile Manufacturing Industry Products and Services Segmentation
  • Demand Determinants
    Major Markets
  • US military
  • Domestic civilian market
  • Exports
  • Chart: Major Market Segmentation for the Space Vehicle & Missile Manufacturing Industry
  • International Trade
    Business Locations
  • Chart: Business Locations by State
  • Competitive Landscape
    Market Share Concentration
    Key Success Factors
    Cost Structure Benchmarks
  • Chart: Cost Structure Benchmarking – Sector vs Space Vehicle & Missile Manufacturing
  • Basis of Competition
  • Internal competition
  • External competition
  • Barriers to Entry
  • Table: Barrier to Entry Checklist for the Space Vehicle & Missile Manufacturing Industry
  • Industry Globalization
    Major Companies
    Lockheed Martin Corporation
    Raytheon Company
    The Boeing Company
    Orbital ATK Inc.
    Aerojet Rocketdyne Holdings
  • Table: Lockheed Martin Corporation - financial performance
  • Table: Raytheon Company - financial performance
  • Table: The Boeing Company - financial performance
  • Table: Orbital ATK Inc. - financial performance
  • Table: Aerojet Rocketdyne Holdings - financial performance
  • Operating Conditions
    Capital Intensity
  • Chart: Level of Capital Intensity for the Space Vehicle & Missile Manufacturing Industry
  • Chart: Tools of the Trade: Growth Strategies for Success
  • Technology & Systems
    Revenue Volatility
  • Chart: Volatility vs Industry Growth
  • Regulation & Policy
    Industry Assistance
    Key Statistics
  • Table: Industry Data for the Space Vehicle & Missile Manufacturing Industry
  • Includes:
  • Industry Revenue (2007-2021)
  • Industry Gross Product (2007-2021)
  • Establishments (2007-2021)
  • Businesses (2007-2021)
  • Employment (2007-2021)
  • Exports (2007-2021)
  • Imports (2007-2021)
  • Wages (2007-2021)
  • Federal Funding for Defense (2007-2021)
  • Table: Annual Percentage Change for Key Industry Data
  • Table: Key Ratios for Industry Key Data
  • Table: Industry Financial Ratios
  • Jargon & Glossary
    Missile Defense Agency (Mda)
  • The section of the US government's Department of Defense responsible for developing a layered defense against ballistic missiles.
  • National Missile Defense System (Nmds)
  • A system envisioned by the 1999 National Missile Defense Act to protect the country from ballistic missile attack by hostile sources.
  • United Launch Alliance (Ula)
  • A joint venture between major players Lockheed Martin and Boeing intended to offer greater protection and security to the space launch industry.

  • Why Buy this Report?
    IBISWorld industry market research reports enable you to:
    • Find out about key industry trends
    • Identify threats and opportunities
    • Inform your decisions for marketing, strategy and planning
    • Quickly build competitive intelligence
    This report on Space Vehicle & Missile Manufacturing:
    • Provides Market Size information to assist with planning and strategic decisions.
    • Includes the necessary information to perform SWOT, PEST and STEER analysis.
    • Helps you understand market dynamics to give you a deeper understanding industry competition and the supply chain.
    • Analyses key performance and operational metrics so that you can benchmark against your own business, that of your customers’ businesses, or your competitors’ businesses.
    The Space Vehicle & Missile Manufacturing market research report includes:
    • Historical data and analysis for the key drivers of this industry
    • A five-year forecast of the market and noted trends
    • Detailed research and segmentation for the main products and markets
    • An assessment of the competitive landscape and market shares for major companies
    • And of course, much more

    IBISWorld reports on thousands of industries around the world. Our clients rely on our information and data to stay up-to-date on industry trends across all industries. With this IBISWorld Industry Research Report on Space Vehicle & Missile Manufacturing, you can expect thoroughly researched, reliable and current information that will help you to make faster, better business decisions.

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