
Aircraft Engine & Parts Manufacturing
Description
Aircraft Engine & Parts Manufacturing
Brief Excerpt from Industry Overview Chapter:
Companies in this industry manufacture aircraft engines and engine parts; as well as fuselage, propeller and rotor, landing gear, electric and hydraulic control, and avionic systems. Major companies include GE Aviation and Pratt & Whitney (both based in the US); as well as Kawasaki Heavy Industries (Japan), Rolls-Royce (UK), Safran (France), and Thales (France).
COMPETITIVE LANDSCAPE
Rapid changes in technology and geographic shifts in demand are affecting how and where aircraft engine and parts manufacturers compete. Amid passenger and cargo demand growth in emerging markets, companies are forging global partnerships to share risks, costs, and sales, and to increase their manufacturing and support services footprints. Technologies including additive manufacturing, the internet of things (IoT), and big data are increasingly important competitive differentiators. Engine and parts companies aim to leverage these and other technologies to reduce aircraft operating costs and improve their own cost structures.
PRODUCTS, OPERATIONS & TECHNOLOGY
Makers of engines and engine parts account for about 79% of US industry revenue; makers of nonengine parts account for the remainder. Manufacturers usually specialize in producing parts for one of several major systems, including engine, fuselage, propellers and rotors, landing gear, electric and hydraulic control systems, and electronic systems (avionics). Primary subcontractors ("primes") that deliver major systems like engines or wings to the original equipment manufacturer (OEM), in turn subcontract much of the component manufacturing activity to smaller contractors.
Brief Excerpt from Industry Overview Chapter:
Companies in this industry manufacture aircraft engines and engine parts; as well as fuselage, propeller and rotor, landing gear, electric and hydraulic control, and avionic systems. Major companies include GE Aviation and Pratt & Whitney (both based in the US); as well as Kawasaki Heavy Industries (Japan), Rolls-Royce (UK), Safran (France), and Thales (France).
COMPETITIVE LANDSCAPE
Rapid changes in technology and geographic shifts in demand are affecting how and where aircraft engine and parts manufacturers compete. Amid passenger and cargo demand growth in emerging markets, companies are forging global partnerships to share risks, costs, and sales, and to increase their manufacturing and support services footprints. Technologies including additive manufacturing, the internet of things (IoT), and big data are increasingly important competitive differentiators. Engine and parts companies aim to leverage these and other technologies to reduce aircraft operating costs and improve their own cost structures.
PRODUCTS, OPERATIONS & TECHNOLOGY
Makers of engines and engine parts account for about 79% of US industry revenue; makers of nonengine parts account for the remainder. Manufacturers usually specialize in producing parts for one of several major systems, including engine, fuselage, propellers and rotors, landing gear, electric and hydraulic control systems, and electronic systems (avionics). Primary subcontractors ("primes") that deliver major systems like engines or wings to the original equipment manufacturer (OEM), in turn subcontract much of the component manufacturing activity to smaller contractors.
Table of Contents
- Industry Overview
- Quarterly Industry Update
- Business Challenges
- Business Trends
- Industry Opportunities
- Call Preparation Questions
- Financial Information
- Industry Forecast
- Web Links and Acronyms
Pricing
Currency Rates
Questions or Comments?
Our team has the ability to search within reports to verify it suits your needs. We can also help maximize your budget by finding sections of reports you can purchase.