- FMA
- The Fabricator
- FABTECH
- Canadian Metalworking
Categories
- Additive Manufacturing
- Aluminum Welding
- Arc Welding
- Assembly and Joining
- Automation and Robotics
- Bending and Forming
- Consumables
- Cutting and Weld Prep
- Electric Vehicles
- En Español
- Finishing
- Hydroforming
- Laser Cutting
- Laser Welding
- Machining
- Manufacturing Software
- Materials Handling
- Metals/Materials
- Oxyfuel Cutting
- Plasma Cutting
- Power Tools
- Punching and Other Holemaking
- Roll Forming
- Safety
- Sawing
- Shearing
- Shop Management
- Testing and Measuring
- Tube and Pipe Fabrication
- Tube and Pipe Production
- Waterjet Cutting
Industry Directory
Webcasts
Podcasts
FAB 40
Advertise
Subscribe
Account Login
Search
IBISWorld updates global commercial aircraft manufacturing industry market research report
- August 15, 2013
- News Release
- Shop Management
Industry research firm IBISWorld, Los Angeles, has updated a report on the global commercial aircraft manufacturing industry.
According to the report, the global commercial aircraft manufacturing industry remained profitable during the recent recession thanks to strong demand from emerging economies and a backlog of orders for major players. Rising fuel prices are expected to boost demand for new, fuel-efficient aircraft over the next five years, giving the industry a positive outlook for the future.
Revenue declined 4.1 percent in 2009, but new aircraft deliveries and renewed global economic growth have since allowed revenue to recover. After several delays, Boeing delivered the 787 aircraft in 2011; rival company European Aeronautic Defence and Space Co. (EADS) also has experienced strong demand for its A380 and A320neo aircraft. As a result of these trends, IBISWorld expects industry revenue to grow at an annualized rate of 1.7 percent over the five years to 2013 to total $270.6 billion, including a 2.5 percent increase in 2013 alone.
Commercial aircraft trade is estimated to increase an annualized 2.8 percent from 2008 to 2013. Industry profitability also moderately increased over the past five years, though this growth was partly due to the recovery from the recession. Furthermore, falling steel and aluminum prices over the period contributed to lower input costs for industry operators. Aircraft manufacturers also benefited from rising oil prices, which bolstered downstream demand for new, fuel-efficient aircraft.
subscribe now
The Fabricator is North America's leading magazine for the metal forming and fabricating industry. The magazine delivers the news, technical articles, and case histories that enable fabricators to do their jobs more efficiently. The Fabricator has served the industry since 1970.
start your free subscription- Stay connected from anywhere
Easily access valuable industry resources now with full access to the digital edition of The Fabricator.
Easily access valuable industry resources now with full access to the digital edition of The Welder.
Easily access valuable industry resources now with full access to the digital edition of The Tube and Pipe Journal.
Easily access valuable industry resources now with full access to the digital edition of The Fabricator en Español.
- Podcasting
- Podcast:
- The Fabricator Podcast
- Published:
- 04/16/2024
- Running Time:
- 63:29
In this episode of The Fabricator Podcast, Caleb Chamberlain, co-founder and CEO of OSH Cut, discusses his company’s...
- Industry Events
16th Annual Safety Conference
- April 30 - May 1, 2024
- Elgin,
Pipe and Tube Conference
- May 21 - 22, 2024
- Omaha, NE
World-Class Roll Forming Workshop
- June 5 - 6, 2024
- Louisville, KY
Advanced Laser Application Workshop
- June 25 - 27, 2024
- Novi, MI