The UK Aircraft, Engine and Parts Manufacturing industry is the largest in the world after that of the United States. It is a major source of investment, research and development and is particularly strong at producing and assembling aircraft wings and designing and manufacturing aircraft engines. Industry revenue is expected to grow throughout the five-year period, since the development of parts made from composite materials encouraged demand and operators had a significant backlog of orders. Overall, industry revenue is projected to rise at a compound annual rate of 4.5% to £27.8 billion over the five years through 2015-16.
Businesses in this industry manufacture complete aircraft and spacecraft, engines, propulsion units and other related equipment and parts, including military and civil aircraft and guided missiles.
The report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecast, growth rates and an analysis of the industry key players and their market shares.