Concept

Aerospace manufacturer

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 US180.3Billion:61180.3 Billion: 61% airliners, 14% business and general aviation, 12% Military aircraft, 10% military rotary wing and 3% civil rotary wing; while their MRO was worth 135.1 Bn or Bncombined.TheglobalaerospaceindustrywasworthBn combined. The global aerospace industry was worth838 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)andotheractivity,includingflightsimulators,defenseelectronics,publicresearchaccountedfor7 Bn) and other activity, including flight simulators, defense electronics, public research accounted for 7% ( Bn). The countries with the largest industry were led by the United States with 408.4Bn(408.4 Bn (%) followed by France with 69 Bn (%) then China with 61.2Bn(61.2 Bn (%), United Kingdom with 48.8 Bn (%), Germany with 46.2Bn(46.2 Bn (%), Russia with 27.1 Bn (%), Canada with 24Bn(24 Bn (%), Japan with 21 Bn (%), Spain with 14Bn(14 Bn (%) and India with 11Bn (%). The top 10 countries represent 731BnorIn2018,thenewcommercialaircraftvalueisprojectedfor731 Bn or % of the whole industry. In 2018, the new commercial aircraft value is projected for 270.4 billion while business aircraft will amount for 18billionandcivilhelicoptersfor18 billion and civil helicopters for 4 billion.
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