Aircraft, Engine & Parts Manufacturing in the US - Industry Market Research Report

IBISWorld
November 18, 2014
48 Pages - SKU: IBSS5411111
Countries covered: United States

Aircraft, Engine & Parts Manufacturing in the US

The Aircraft, Engine and Parts Manufacturing industry has had its ups and downs over the five years to 2014. During the recession, industry revenue fell as collapsing demand for air travel led to fewer purchases of industry products from airliners. However, persistent demand for military-related products helped reduce the depth of this decline. In addition, as the economy recovered, demand for air travel increased while emerging economies boosted exports. In the five years to 2019, the industry will continue to reach new altitudes alongside strong commercial demand, but declining military spending will temper growth. Rising domestic and international demand for air travel will create strong demand for more commercial aircraft and associated parts, however, federal funding for defense is forecast to continue declining, threatening revenue growth.

Companies in this industry manufacture and overhaul complete aircraft, develop prototypes and convert aircraft. The industry also includes the manufacture, conversion and overhaul of aircraft engines and propulsion systems. Additionally, the industry makes related parts and auxiliary equipment. For information on guided missiles, space vehicles and related equipment, which are excluded from this industry, see Space Vehicle and Missile Manufacturing industry (IBISWorld report 33641b).

This report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecasts, growth rates and an analysis of the industry key players and their market shares.




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