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.
Aircraft Manufacturing Market Size
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 Manufacturing Market Trend
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.
The major players in the global aircraft manufacturing market are The Boeing Company, Airbus Group, Lockheed Martin Corp., BAE Systems PLC and Bombardier Inc.
The countries covered in the global aircraft manufacturing market are USA, China, Germany, Brazil, Japan, UK, Spain, Russia, France, Australia, Italy, India and rest of the world.
Aircraft Manufacturing Market Segmentation
The aircraft manufacturing market is segmented into Civil And Military Helicopters, Civil And Military Aircrafts, Civil And Military Gliders and Civil And Military Drones.
Civil And Military Helicopters comprise of companies manufacturing helicopters for civil and military purposes, used for emergency medical services, search and rescue missions, passenger and cargo transportation, seed and water dispersal and military operations.
Civil And Military Aircrafts include companies involved in the development and manufacturing of aircraft for commercial passenger and cargo transportation, military and governments, surveillance and observation, and aerial refueling purposes.
Civil And Military Gliders comprise of those companies that manufacture gliders for civil and military purposes such as travel and tourism, transportation to maintenance facilities and carrying troops and heavy equipment to a combat zone.
Civil And Military Drones include those companies involved in the manufacturing of drones for civil and military purposes.