Aircraft and Components Manufacturing Market Global
Report Highlights
Including: Aircraft Manufacturing; Aircraft Parts Manufacturing, Repair & Maintenance.
Covering: Boeing, Airbus, United Technologies, GE Aviation, Lockheed Martin, Safran, Rolls-Royce Holdings, Bombardier Aerospace, General Dynamics Corporation, and Textron Aviation.
Research Methodology
The report is built on information collected through secondary sources and analysis done by The Business Research Company (TBRC). The secondary sources include the data published by statistical bodies, government agencies, market intelligence databases and annual reports. Insights on the current market scenario, historic and forecast market drivers were gathered from industry reports and news articles.
Note on Market Numbers
Market value is defined as the revenues earned by organizations for products and services within the specified market. The break down by geography is revenue generated within the specific industry by organizations in the specified geography, irrespective of where they are produced.
The aircraft and components manufacturing industry includes establishments manufacturing aircraft, aircraft engine and engine parts and other aircraft parts and auxiliary equipment.
This industry is further classified as follows – i) Aircraft Manufacturing; ii) Aircraft Engine And Engine Parts Manufacturing and iii) General Aircraft Parts Manufacturing
The global aircraft and components manufacturing market was estimated to be around $761 billion as of 2016. The global aircraft and components manufacturing made up around 10% of the overall transportation manufacturing market in 2016. The aircraft and components manufacturing market was the third largest market in the global transportation manufacturing market in 2016.
3D Printing For Aircraft Parts
Additive manufacturing is continuously evolving and manufacturers are now using 3D printing technology to produce parts for aircrafts and aircraft engines. 3D printing creates a three-dimensional physical object using a digital design. They are 25% lighter, simpler and offer more design features than conventional parts. This enables manufacturers to create high performance aircraft engines and components. GE Aviation has introduced 3D printed parts in its aircraft engines. In 2016, Airbus unveiled the first aircraft made using 3D printing technology. Boeing has also planned to use 3D printed titanium parts in the construction of its 787 Dreamliner jets that is expected to save about $3 million in construction costs.
- Table 1 : Global Aircraft and Components Manufacturing Market, Historic Market Size, 2012-2016
- Table 2 : Global Aircraft and Components Manufacturing Market, Forecast Market Size, 2016 – 2020
- Table 3 : Global Aircraft and Components Manufacturing Market, Split By Region, 2016
- Table 4 : Global Aircraft and Components Manufacturing Market, Historic And Forecast Growth Rate, Split By Region, 2012-2020
- Table 5 : Global Aircraft and Components Manufacturing Market, Historic And Forecast Growth Rate, Split By Country, 2012-2020
- Table 6 : Global Aircraft and Components Manufacturing Market, Key Competitor Market Shares, 2016
- Figure 1 : Global Aircraft and Components Manufacturing Market, Historic Market Size, 2012-2016
- Figure 2 : Global Aircraft and Components Manufacturing Market, Forecast Market Size, 2016 – 2020
- Figure 3 : Global Aircraft and Components Manufacturing Market, Split By Region, 2016
- Figure 4 : Global Aircraft and Components Manufacturing Market, Historic And Forecast Growth Rate, Split By Region, 2012-2020
- Figure 5 : Global Aircraft and Components Manufacturing Market, Historic And Forecast Growth Rate, Split By Country, 2012-2020
- Figure 6 : Global Aircraft and Components Manufacturing Market, Key Competitor Market Shares, 2016
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