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Research and Markets: 2011 Report on the $700 Billion US Aerospace Products & Parts Manufacturing Industry Featuring Giants like Lockheed Martin and Boeing
Dépèche transmise le 31 août 2011 par Business Wire
Research and Markets: 2011 Report on the $700 Billion US Aerospace Products & Parts Manufacturing Industry Featuring Giants like Lockheed Martin and Boeing
DUBLIN--(BUSINESS WIRE)--Research and Markets (http://www.researchandmarkets.com/research/2ea93a/aerospace_products) has announced the addition of the "Aerospace Products & Parts Manufacturing" report to their offering.
The US aerospace products and parts manufacturing industry includes about 1,300 companies with combined annual revenue of about $170 billion. Major companies include Boeing, Northrop Grumman, Lockheed Martin, Raytheon, and General Dynamics. The US industry is highly concentrated: the 20 largest companies account for about 90 percent of industry revenue. Many companies work primarily as subcontractors to the five largest manufacturers.
The global aerospace manufacturing industry generates more than $700 billion in annual revenue. Major international companies include the Netherlands-based EADS (and its French subsidiary Airbus), BAE Systems (UK), Finmeccanica (Italy), and Bombardier (Canada).
COMPETITIVE LANDSCAPE
Demand is driven by the US military budget and the overall economic climate, which affects airline traffic and demand for new commercial aircraft. The profitability of individual companies depends on technical expertise and the ability to accurately price long-term contracts. Large companies enjoy economies of scale in design, manufacturing, and purchasing. Small companies can compete effectively by concentrating on selected components and parts manufacturing for particular prime contractors. Increasingly, small companies are developing system integration capabilities as large firms outsource more aspects of contracts. The industry is capital-intensive: average revenue per employee is about $350,000.
The US aerospace industry exports more than half of its output. The countries receiving the largest amount of US exports include France, the UK, China, Germany, and Canada.
Key Topics Covered:
Industry Overview
Quarterly Industry Update
Business Challenges
Business Trends
Industry Opportunities
Call Preparation Questions
Financial Information
Industry Forecast
Web Links and Acronyms
For more information visit http://www.researchandmarkets.com/research/2ea93a/aerospace_products.
Source: First Research
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