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Aircraft, Engine & Parts Manufacturing in the US Product Image

Aircraft, Engine & Parts Manufacturing in the US

  • ID: 452482
  • November 2014
  • Region: United States
  • 48 pages
  • IBISWorld
Experiencing some turbulence: Reduced military spending will offset gains from private sector

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.

Note: Product cover images may vary from those shown
Experiencing some turbulence: Reduced military spending will offset gains from private sector

TABLE OF CONTENTS

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

Note: Product cover images may vary from those shown
Experiencing some turbulence: Reduced military spending will offset gains from private sector

Northrop Grumman Corporation

The Boeing Company

Lockheed Martin Corporation

United Technologies Corporation

General Electric

Note: Product cover images may vary from those shown
Note: Product cover images may vary from those shown

RELATED PRODUCTS

Our Clients

Sikorsky Aircraft Corporation Federal Aviation Administration IATA Panalpina World Transport Ltd. Zodiac Aerospace Corporation Boeing Company