Aircraft, Engine & Parts Manufacturing in the US - Industry Market Research Report
Aircraft, Engine & Parts Manufacturing in the US
Airplane, engine and parts manufacturers develop and produce planes, rotorcraft, engines and related components for the civil and defense markets. Despite COVID-19 collapsing demand for air travel and new airplanes, newfound growth followed and a surge of air transit led to strong revenue growth, with revenue increasing at a CAGR of 3.7% to $323.1 billion over the five years to 2023, including a 7.8% increase in 2023 alone.
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 the 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.
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