United States of America (USA) Civil Aerospace Market Summary, Competitive Analysis and Forecast to 2027
Summary
Civil Aerospace in the United States industry profile provides top-line qualitative and quantitative summary information including: market size (value 2017-22, and forecast to 2027). The profile also contains descriptions of the leading players including key financial metrics and analysis of competitive pressures within the market.
Key Highlights
- Civil aerospace manufacturing refers to all non-military and non-state aviation, and it includes revenue of top 100 aerospace producers. Value represents the revenue obtained by manufacturers. All market data and forecasts are represented in nominal terms (i.e., without adjustment for inflation) and all currency conversions used in the creation of this report have been calculated using constant 2021 annual average exchange rates.
- The US civil aerospace market is expected to generate total revenues of $340.0 billion in 2022, representing a compound annual growth rate (CAGR) of -1.7% between 2017 and 2022.
- The US civil aerospace market was subject to woes even before the pandemic. US-based Boeing’s revenues were significantly hit following the two fatal crashes of its new Boeing 737 MAX in 2019 and 2020 due to technical faults in flight control.
- Slower growth in 2022 came from another slump in business and consumer confidence following the energy crisis and rising inflation, which induced economic uncertainty.
- Save time carrying out entry-level research by identifying the size, growth, major segments, and leading players in the civil aerospace market in the United States
- Use the Five Forces analysis to determine the competitive intensity and therefore attractiveness of the civil aerospace market in the United States
- Leading company profiles reveal details of key civil aerospace market players’ global operations and financial performance
- Add weight to presentations and pitches by understanding the future growth prospects of the United States civil aerospace market with five year forecasts
- What was the size of the United States civil aerospace market by value in 2022?
- What will be the size of the United States civil aerospace market in 2027?
- What factors are affecting the strength of competition in the United States civil aerospace market?
- How has the market performed over the last five years?
- What are the main segments that make up the United State's civil aerospace market?
- 1 Executive Summary
- 1.1. Market value
- 1.2. Market value forecast
- 1.3. Geography segmentation
- 1.4. Market share
- 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. 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. Market share
- 7.2. Who are the leading players?
- 7.3. What are the strategies of leading players?
- 7.4. What are the most notable development in the market over the past three years?
- 8 Company Profiles
- 8.1. Raytheon Technologies Corporation
- 8.2. Lockheed Martin Aeronautics Co
- 8.3. Northrop Grumman Corporation
- 8.4. The Boeing Company
- 9 Macroeconomic Indicators
- 9.1. Country data
- 10 Appendix
- 10.1. Methodology
- 10.2. Industry associations
- 10.3. Related MarketLine research
- 10.4. About MarketLine
- List of Tables
- Table 1: United States civil aerospace market value: $ billion, 2017–22(e)
- Table 2: United States civil aerospace market geography segmentation: $ billion, 2022(e)
- Table 3: United States civil aerospace market value forecast: $ billion, 2022–27
- Table 4: United States civil aerospace market share: % share, by value, 2022(e)
- Table 5: Raytheon Technologies Corporation: key facts
- Table 6: Raytheon Technologies Corporation: Annual Financial Ratios
- Table 7: Raytheon Technologies Corporation: Key Employees
- Table 8: Raytheon Technologies Corporation: Key Employees Continued
- Table 9: Lockheed Martin Aeronautics Co: key facts
- Table 10: Lockheed Martin Aeronautics Co: Key Employees
- Table 11: Northrop Grumman Corporation: key facts
- Table 12: Northrop Grumman Corporation: Annual Financial Ratios
- Table 13: Northrop Grumman Corporation: Key Employees
- Table 14: Northrop Grumman Corporation: Key Employees Continued
- Table 15: The Boeing Company: key facts
- Table 16: The Boeing Company: Annual Financial Ratios
- Table 17: The Boeing Company: Key Employees
- Table 18: The Boeing Company: Key Employees Continued
- Table 19: The Boeing Company: Key Employees Continued
- Table 20: The Boeing Company: Key Employees Continued
- Table 21: United States size of population (million), 2018–22
- Table 22: United States gdp (constant 2005 prices, $ billion), 2018–22
- Table 23: United States gdp (current prices, $ billion), 2018–22
- Table 24: United States inflation, 2018–22
- Table 25: United States consumer price index (absolute), 2018–22
- Table 26: United States exchange rate, 2018–22
- List of Figures
- Figure 1: United States civil aerospace market value: $ billion, 2017–22(e)
- Figure 2: United States civil aerospace market geography segmentation: % share, by value, 2022(e)
- Figure 3: United States civil aerospace market value forecast: $ billion, 2022–27
- Figure 4: Forces driving competition in the civil aerospace market in the United States, 2022
- Figure 5: Drivers of buyer power in the civil aerospace market in the United States, 2022
- Figure 6: Drivers of supplier power in the civil aerospace market in the United States, 2022
- Figure 7: Factors influencing the likelihood of new entrants in the civil aerospace market in the United States, 2022
- Figure 8: Factors influencing the threat of substitutes in the civil aerospace market in the United States, 2022
- Figure 9: Drivers of degree of rivalry in the civil aerospace market in the United States, 2022
- Figure 10: United States civil aerospace market share: % share, by value, 2022(e)
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