Aircrafts,
aircraft components manufacturing and repair services industry consists of
companies involved in developing prototypes and manufacturing or assembling of
complete aircrafts, and aircraft parts. This industry also includes companies
that provide modifications or conversions, repairing, parts replacing, and
complete overhauling and rebuilding of aircraft. The types of aircraft
manufactured by companies in this industry include blimps, gliders,
helicopters, target drones, ultra-light aircraft and unmanned and robotic
aircrafts.
In
2017, the aircrafts, aircraft components manufacturing and repair services
market was valued at $700 billion. Its large market size can be attributed to
high demand for commercial aircrafts from air travels across the world
especially developing countries. Additionally, demand for repair and
maintenance for ageing aircraft carriers is further supporting the market.
The
aircraft and components manufacturing market in the report is segmented into
aircraft manufacturing market and aircraft parts manufacturing, repair and
maintenance market.
North
America was the largest region, in the aircrafts, aircraft components
manufacturing and repair services market in 2017, accounting for more than 30%
share in the market. The USA was the largest country in 2017, accounting for
more than 20% of the market share.
The
top five competitors in the market in 2017 were The Boeing Company, Airbus
Group, United Technologies Corp., General Electric Company and Lockheed Martin
Corp. The Boeing Company was the largest competitor. It was founded in 1916 and
is headquartered in Chicago, USA. The company is involved in designing,
developing, manufacturing, selling, and servicing of commercial jetliners,
military aircraft, satellites, missile defense, human space flight, and launch
systems and services. Boeing operates in over 65 countries worldwide, and also
offers performance-based logistics and training services.
About The Business Research Company.
The
Business Research Company is a Business Intelligence Company which excels in
company, market and consumer research. It has offices in the UK, the US and
India and a network of trained researchers in 15 countries globally.
Contact Information.
The Business Research Company
Europe: +44 207 1930 708
Asia: +91 8897263534
Americas: +1 315 623 0293
No comments:
Post a Comment