Market›Aerospace manufacturer
Company Profile

Aerospace manufacturer

An aerospace manufacturer is a company or individual involved in the various aspects of designing, building, testing, selling, and maintaining aircraft, aircraft parts, missiles, rockets, or spacecraft. Aerospace is a high technology industry.

Market
In 2015 the aircraft production was worth US$180.3 billion: 61% airliners, 14% business and general aviation, 12% military aircraft, 10% military rotary wing and 3% civil rotary wing; while their MRO was worth $135.1 Bn or $ Bn combined. The global aerospace industry was worth $838.5 billion in 2017: aircraft & engine OEMs represented 28% ($ Bn), civil & military MRO & upgrades 27% ($ Bn), aircraft systems & component manufacturing 26% ($ Bn), satellites & space 7% ($ Bn), missiles & UAVs 5% ($ Bn) and other activity, including flight simulators, defense electronics, public research accounted for 7% ($ Bn). In 2018, the new commercial aircraft value is projected for $270.4 billion while business aircraft will amount for $18 billion and civil helicopters for $4 billion. == Largest aerospace companies ==
Geography
Corporation in Texas, October 1942 In September 2018, PwC ranked aerospace manufacturing attractiveness: the most attractive country was the United States, with $240 billion in sales in 2017, due to the size of its industry (#1), an educated workforce (#1), low geopolitical risk (#4, #1 is Japan), strong transportation infrastructure (#5, #1 is Hong Kong), a healthy economy (#10, #1 is China), but high costs (#7, #1 is Denmark) and average tax policy (#36, #1 is Qatar).