Aircraft Manufacturing consists of companies involved in developing prototypes and manufacturing or assembling of complete aircraft and making aircraft. These include manufacturing of blimps, gliders, helicopters, target drones, ultra-light aircraft and unmanned and robotic aircrafts.
The top five companies covered are The Boeing Company, Airbus Group, Lockheed Martin Corp., BAE Systems PLC and Bombardier Inc. The Boeing Company was the largest company in the aircraft manufacturing market in 2017.
The countries covered are USA, China, Germany, Brazil, Japan, UK, Spain, Russia, France, Australia, Italy, India and rest of the world.
The global aircraft manufacturing market was valued at around $400 billion in 2017. North America was the largest region in the aircraft manufacturing market in 2017, accounting for more than 30% share in the market. The USA was the largest country in the market in 2017, accounting for more than 25% share in the market.
Aircraft manufacturers are using machine-learning techniques such as artificial intelligence (AI) to improve safety, productivity and quality of aircrafts. Machine learning algorithms collect data from machine-to-machine and machine-to-human interfaces and use data analytics to drive effective decision making. These technologies optimize manufacturing operations and costs.
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