Aircraft Engine and Engine Parts Manufacturing - Market Size, Financial Statistics, Industry Trends

Industry Overview

This U.S. industry comprises establishments primarily engaged in one or more of the following: (1) manufacturing aircraft engines and engine parts; (2) developing and making prototypes of aircraft engines and engine parts; (3) aircraft propulsion system conversion (i.e., major modifications to systems); and (4) aircraft propulsion systems overhaul and rebuilding (i.e., periodic restoration of aircraft propulsion system to original design specifications). Cross-References.
Source: U.S. Census Bureau

Aircraft Engine and Engine Parts Manufacturing Market Size

This report includes historical and forecasted market sizes and industry trends for Aircraft Engine and Engine Parts Manufacturing. It reveals overall market dynamics from 2020 through the present, and predicts industry growth or shrinkage through 2030. Revenue data include both public and private companies in the Aircraft Engine and Engine Parts Manufacturing industry.

	Historical					Forecasted
	2020	2021	2022	2023	2024	2025	2026	2027	2028	2029	2030
Market Size (Total Revenue)	Included in Report
% Growth Rate
Number of Companies
Total Employees
Average Revenue per Company
Average Employees per Company

Source: U.S. government financial data



Pell Research's advanced econometric models forecast five years of industry growth based on short- and long-term trend analysis. Market size statistics include revenue generated from all products and services sold within the Aircraft Engine and Engine Parts Manufacturing industry.

Geographic Breakdown by U.S. State

Aircraft Engine and Engine Parts Manufacturing market share by state pinpoints local opportunities based on regional revenue statistics. Growth rate for each state is affected by regional economic conditions. Data by state can be used to locate profitable and nonprofitable locations for Aircraft Engine and Engine Parts Manufacturing companies in the United States.

Distribution by Company Size

Company Size	All Industries	Aircraft Engine and Engine Parts Manufacturing
Small Business (< 5 Employees)	Included
Small Business (5 - 20)
Midsized Business (20 - 100)
Large Business (100 - 500)
Enterprise (> 500)

Industry Income Statement (Average Financial Metrics)

Financial statement analysis determines averages for the following industry forces:

• Cost of goods sold
• Compensation of officers
• Salaries and wages
• Employee benefit programs
• Rent paid
• Advertising and marketing budgets

The report includes a traditional income statement from an "average" Aircraft Engine and Engine Parts Manufacturing company (both public and private companies are included).

	Industry Average	Percent of Sales
Total Revenue	Included
Operating Revenue
Cost of Goods Sold (COGS)
Gross Profit
Operating Expenses
Operating Income
Non-Operating Income
Earnings Before Interest and Taxes (EBIT)
Interest Expense
Earnings Before Taxes
Income Tax
Net Profit

Financial Ratio Analysis

Financial ratios allow a company's performance to be compared against that of its peers.

Financial Ratio	Industry Average
Profitability Ratios	Included
Profit Margin
ROE
ROA
Liquidity Ratios
Current Ratio
Quick Ratio
Activity Ratios
Average Collection Period
Asset Turnover Ratio
Receivables Turnover Ratio
Inventory Conversion Ratio

Products and Services Mix

Product lines and services in the Aircraft Engine and Engine Parts Manufacturing industry accounting for the largest revenue sources.

Product Description	Description	Revenue ($ Millions)
Aircraft engine and engine parts mfg.	Included
Aircraft engines, military (incl. engines built to mil. specs)
Aircraft engines, civilian
Aeronautical services on aircraft engines
All other aeronautical services on aircraft engines, military
All other aeronautical services on aircraft engines, civilian
Aeronautical services on aircraft engines, nsk
Aircraft engine parts and accessories
Parts and accessories for military aircraft engines
Parts and accessories for civilian aircraft engines

Compensation and Salary Surveys

Salary information for employees working in the Aircraft Engine and Engine Parts Manufacturing industry.

Title	Percent of Workforce	Bottom Quartile	Average (Median) Salary	Upper Quartile
Management Occupations	7%	Included
Chief Executives	0%
General and Operations Managers	1%
Business and Financial Operations Occupations	11%
Business Operations Specialists	9%
Computer and Mathematical Occupations	9%
Computer Occupations	8%
Software Developers and Programmers	5%
Architecture and Engineering Occupations	21%
Engineers	18%
Aerospace Engineers	5%
Aerospace Engineers	5%
Office and Administrative Support Occupations	6%
Installation, Maintenance, and Repair Occupations	8%
Production Occupations	32%
Assemblers and Fabricators	12%
Aircraft Structure, Surfaces, Rigging, and Systems Assemblers	8%
Aircraft Structure, Surfaces, Rigging, and Systems Assemblers	8%
Metal Workers and Plastic Workers	11%
Other Production Occupations	7%

Government Contracts

The federal government spent an annual total of $5,879,346,421 on the Aircraft Engine and Engine Parts Manufacturing industry. It has awarded 3,558 contracts to 393 companies, with an average value of $14,960,169 per company.

Top Companies in Aircraft Engine and Engine Parts Manufacturing and Adjacent Industries

Company	Address	Revenue ($ Millions)
Included