One small step: Increasing exports will support growth opportunities for the industry
Over the current period, space vehicle and missile manufacturers enjoyed growth but supply chain woes spurred by the outbreak of COVID-19 and Russia's invasion of Ukraine pushed up purchase costs and negatively impacted profit. Industry-wide revenue has been growing at a CAGR of 3.7% over the past five years and is expected to total $1.1 billion in 2023, when revenue will jump by an estimated 1.0%.
The Space Vehicle and Missile Manufacturing industry in Canada consists of operators 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 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.
Table of Contents
Companies Mentioned (Partial List)
A selection of companies mentioned in this report includes, but is not limited to:
- Magellan Aerospace Corporation
- Honeywell International Inc.
- Calian Technologies Ltd.
Methodology
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