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Aerospace Parts Manufacturing in North America

Best Price Guarantee Publisher Published Date SKU
from $500 GlobalData January, 2024 GBDT19139349
Best Price Guarantee
Price from $500
Publisher GlobalData
Published Date January, 2024
SKU GBDT19139349

Aerospace Parts Manufacturing in North America

Summary

Aerospace Parts Manufacturing in North America industry profile provides top-line qualitative and quantitative summary information including: market share, market size (value and volume 2018-23, and forecast to 2028). The profile also contains descriptions of the leading players including key financial metrics and analysis of competitive pressures within the market.

Key Highlights

  • The aerospace parts manufacturing industry deals with producing parts and components for aircraft. The market scope includes civil aerospace parts manufacturing, military aerospace parts manufacturing, and general aerospace parts manufacturing. By type, the aerospace parts manufacturing market is segmented into aircraft parts, avionics and electronics systems, and engine parts.
  • The North American aerospace parts manufacturing market had total revenues of $245.8 billion in 2023, representing a negative compound annual growth rate (CAGR) of 1.7% between 2018 and 2023.
  • The aircraft parts segment accounted for the market's largest proportion in 2023, with total revenues of $182.2 billion, equivalent to 74.1% of the market's overall value.
  • Factors such as expanding air travel by passengers are boosting the demand for new aircraft and therefore a rise in aircraft parts production. According to in-house research, in 2023, the number of civil aerospace aircraft delivered in North America reached 395 units, up 11.6% over 2022.
Scope
  • Save time carrying out entry-level research by identifying the size, growth, major segments, and leading players in the aerospace parts manufacturing market in North America
  • Use the Five Forces analysis to determine the competitive intensity and therefore attractiveness of the aerospace parts manufacturing market in North America
  • Leading company profiles reveal details of key aerospace parts manufacturing market players’ global operations and financial performance
  • Add weight to presentations and pitches by understanding the future growth prospects of the North America aerospace parts manufacturing market with five year forecasts by both value and volume
Reasons to Buy
  • What was the size of the North America aerospace parts manufacturing market by value in 2023?
  • What will be the size of the North America aerospace parts manufacturing market in 2028?
  • What factors are affecting the strength of competition in the North America aerospace parts manufacturing market?
  • How has the market performed over the last five years?
  • Who are the top competitors in North America's aerospace parts manufacturing market?


1 Executive Summary
1.1. Market value
1.2. Market value forecast
1.3. Category segmentation
1.4. Geography segmentation
1.5. Market rivalry
1.6. Competitive landscape
2 Market Overview
2.1. Market definition
2.2. Market analysis
3 Market Data
3.1. Market value
4 Market Segmentation
4.1. Category segmentation
4.2. Geography segmentation
5 Market Outlook
5.1. Market value forecast
6 Five Forces Analysis
6.1. Summary
6.2. Buyer power
6.3. Supplier power
6.4. New entrants
6.5. Threat of substitutes
6.6. Degree of rivalry
7 Competitive Landscape
7.1. Who are the leading players in the market?
7.2. What are the strategies of the leading players?
7.3. What are the strengths of the leading players?
8 Company Profiles
8.1. Honeywell International Inc.
8.2. Lockheed Martin Corp
8.3. RTX Corporation
8.4. Safran SA
9 Macroeconomic Indicators
9.1. Country data
10 Appendix
10.1. Methodology
10.2. Industry associations
10.3. Related GlobalData research
About GlobalData
List of Tables
Table 1: North America aerospace parts manufacturing market value: $ billion, 2018-23
Table 2: North America aerospace parts manufacturing market category segmentation: % share, by value, 2018-2023
Table 3: North America aerospace parts manufacturing market category segmentation: $ billion, 2018-2023
Table 4: North America aerospace parts manufacturing market geography segmentation: $ billion, 2023
Table 5: North America aerospace parts manufacturing market value forecast: $ billion, 2023-28
Table 6: Honeywell International Inc.: key facts
Table 7: Honeywell International Inc.: annual financial ratios
Table 8: Honeywell International Inc.: key employees
Table 9: Honeywell International Inc.: key employees Continued
Table 10: Lockheed Martin Corp: key facts
Table 11: Lockheed Martin Corp: annual financial ratios
Table 12: Lockheed Martin Corp: key employees
Table 13: Lockheed Martin Corp: key employees Continued
Table 14: RTX Corporation: key facts
Table 15: RTX Corporation: annual financial ratios
Table 16: RTX Corporation: key employees
Table 17: RTX Corporation: key employees Continued
Table 18: Safran SA: key facts
Table 19: Safran SA: annual financial ratios
Table 20: Safran SA: key employees
Table 21: Safran SA: key employees Continued
Table 22: North America exchange rate, 2019-23
List of Figures
Figure 1: North America aerospace parts manufacturing market value: $ billion, 2018-23
Figure 2: North America aerospace parts manufacturing market category segmentation: $ billion, 2018-2023
Figure 3: North America aerospace parts manufacturing market geography segmentation: % share, by value, 2023
Figure 4: North America aerospace parts manufacturing market value forecast: $ billion, 2023-28
Figure 5: Forces driving competition in the aerospace parts manufacturing market in North America, 2023
Figure 6: Drivers of buyer power in the aerospace parts manufacturing market in North America, 2023
Figure 7: Drivers of supplier power in the aerospace parts manufacturing market in North America, 2023
Figure 8: Factors influencing the likelihood of new entrants in the aerospace parts manufacturing market in North America, 2023
Figure 9: Factors influencing the threat of substitutes in the aerospace parts manufacturing market in North America, 2023
Figure 10: Drivers of degree of rivalry in the aerospace parts manufacturing market in North America, 2023

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