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Category
Aerospace manufacturing
Summary
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.
The aircraft industry is the industry supporting aviation by building aircraft and manufacturing aircraft parts for their maintenance. This includes aircraft and parts used for civil aviation and military aviation. Most production is done pursuant to type certificates and Defense Standards issued by a government body. This term has been largely subsumed by the more encompassing term: "aerospace industry".
In 2015 the aircraft production was worth US135.1 Bn or 838 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).
The countries with the largest industry were led by the United States with 69 Bn (%) then China with 48.8 Bn (%), Germany with 27.1 Bn (%), Canada with 21 Bn (%), Spain with 11Bn (%). The top 10 countries represent 270.4 billion while business aircraft will amount for 4 billion.
Official source
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