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Aircraft, Engine & Parts Manufacturing in the US

IBISWorld, January 2013, Pages: 42

Clear skies: Airlines will continue to update fleets and consumers will return to flying

Aircraft, Engine & Parts Manufacturing in the US

Revenue will rise steadily in the next five years as consumers resume air travel and airlines renew their fleets again. Further, as new aircraft come to market, they will be able to command higher margins, leading to improved profit. Technology will be a key component of industry growth as airlines invest in newer and better aircraft. Defense spending will likely contract as the United States winds down military involvement overseas, but commercial demand and a rise in very light jet production will keep revenue strong.

Businesses in this industry manufacture and overhaul complete aircraft, develop prototypes and convert aircraft. The industry also includes aircraft engine and propulsion system manufacture, conversion and overhaul. Additionally, the industry makes related parts and auxiliary equipment. For information on guided missiles, space vehicles and related equipment, see IBISWorld report 33641b Space Vehicle and Missile Manufacturing.

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.

ABOUT THIS INDUSTRY
Industry Definition
Main Activities
Similar Industries
Additional Resources

INDUSTRY AT A GLANCE

INDUSTRY PERFORMANCE
Executive Summary
Key External Drivers
Current Performance
Industry Outlook
Industry Life Cycle

PRODUCTS & MARKETS
Supply Chain
Products & Services
Demand Determinants
Major Markets
International Trade
Business Locations

COMPETITIVE LANDSCAPE
Market Share Concentration
Key Success Factors
Cost Structure Benchmarks
Basis of Competition
Barriers to Entry
Industry Globalization

MAJOR COMPANIES

OPERATING CONDITIONS
Capital Intensity
Technology & Systems
Revenue Volatility
Regulation & Policy
Industry Assistance

KEY STATISTICS
Industry Data
Annual Change
Key Ratios

JARGON & GLOSSARY

MAJOR COMPANIES.

Northrop Grumman Corporation

General Electric Company

The Boeing Company

Lockheed Martin Corporation

United Technologies Corporation

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