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Space Vehicle & Missile Manufacturing in the US - Industry Market Research Report

  • ID: 481041
  • Report
  • Region: United States
  • 44 pages
  • IBISWorld
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Final frontier: Government funding is on the decline, but space tourism is set to launch

FEATURED COMPANIES

  • Raytheon Company
  • The Boeing Company
  • MORE

Space Vehicle & Missile Manufacturing in the US

The Space Vehicle and Missile Manufacturing industry has been volatile in recent years. Industry players develop and manufacture missiles, rockets, spacecraft and related equipment and components. Since the US government, particularly the Department of Defense (DoD), accounts for the majority of spending on missile and space products and programs, industry performance is highly correlated with government spending levels. Consequently, when Congress attempted to rein in spending via methods such as sequestration and reduced DoD spending, funding for industry products dropped. However, an elevated level of missile exports compared with performance during the previous five-year period helped industry players offset weaker demand at home, resulting in overall growth in industry revenue over the five years to 2018. Over the five years to 2023, industry revenue is forecast to increase, as the overall defense budget is expected to rise, with funding for certain industry products likely to climb.

This industry comrpises businesses 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 industry does not produce satellites.

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
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FEATURED COMPANIES

  • Raytheon Company
  • The Boeing Company
  • MORE
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
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  • Northrop Grumman Corporation
  • The Boeing Company
  • Lockheed Martin Corporation
  • Raytheon Company
  • Aerojet Rocketdyne Holdings Inc.
Note: Product cover images may vary from those shown
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Note: Product cover images may vary from those shown
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