Sorry for interrupting, this website uses cookies to improve your experience. We'll assume you're ok with this, but you can opt-out if you wish. Learn more
Accept & Close

Aerospace Industry (Industrial Report) - UK - November 2014

“With the growing involvement of the government, both in terms of policy direction and financial contribution, the UK aerospace industry is preparing itself for the long battle ahead to retain its position as the leading industry in Europe and the second largest globally, behind only the US. The main competition globally will come from emerging markets, like those in the Asia-Pacific, where investment in aerospace infrastructure and the development of aircraft is ever-rising alongside vast increases in air traffic demand.”
– Lewis Cone, Research Analyst

Some questions answered in this report include:

  • What are the key determinants driving the aerospace industry?
  • Was the market affected by the financial crisis and how has it recovered since? Has there been any structural changes as a consequence?
  • How has the government influenced and shaped the development of the sector?
  • What are the key issues the UK industry needs to address to maintain its global position in an ever-competitive market?
  • How have companies adapted to cost and environmental pressures?
  • What does the future hold for the UK’s aerospace industry?

For the purposes of this report, the aerospace equipment industry includes both civil and military equipment.

The market is segmented into the following sectors:

  • Complete aircraft 
  • Helicopters 
  • Aircraft parts, including undercarriages, propellers, fuselages, hulls, wings, control levers and fuel tanks 
  • Aircraft engines 
  • Aircraft engine parts 
  • Spacecraft, including satellites and launch vehicles 
  • Other aerospace equipment, including ground flying trainers, aircraft launching gear, gliders, hang gliders, balloons and other non-powered aircraft 
  • Repair and reconditioning of aircraft

 

Sample report

Take a look inside a sample report

Mintel’s consumer reports deliver insight and expert analysis into key consumer trends and behaviour in your marketplace, in addition to an overview of the market data and key brands. Mintel’s consumer reports provide you with easily digestible information to guide your future innovation and move your business forward.

Download now

 

What you get

What's included

Why buy from us?

Succeed

Our reports will provide you with market data, consumer research and competitive intelligence to succeed in your market.

Instant Access

Buy now and you'll have instant access to the information you need to make the right decisions.

Opportunities

Find out what's next in the markets that matter to you: where opportunities lie and what challenges you will face.

Trusted

A business Superbrand, Mintel is a source you can trust. We have been defining and refining the Market Intelligence mix since 1972.

Table of contents

  1. Executive Summary

      • Market Size
        • Figure 1: UK Turnover of Aerospace Equipment, 2009-2013, (£ Billion at MSP)
        • Figure 2: UK Turnover of Aerospace Equipment, by sector, 2009-2013, (£ Billion at MSP)
      • Market trends
        • Figure 3: Regional Analysis of Global Air Passenger Traffic Development, Five-Year Average, (% Change in RPK)
        • Figure 4: Forecast Development of the Global Airline Fleet, by Aircraft Type, 2013 and 2033, (% of Total)
        • Figure 5: UK Defence Departmental Expenditure Limits and Defence Spending, 2009/10-2013/14, (£ Million)
      • International trade
        • Figure 6: UK Imports of Aerospace Equipment, 2009-2013, (£ Million at CIF)
        • Figure 7: UK Exports of Aerospace Equipment, 2009-2013, (£ Million at FOB)
      • Market factors
        • Emerging economies will provide the biggest supply of additional international passengers, increasing demand for aerospace equipment
          • The development of new aircraft to increase fleet size or to replace older models is under strain
            • Low-cost carriers are becoming more dominant in the industry due to the ongoing economic fragility in many regions
              • Companies
                • Forecast
                  • The number of mainline jet deliveries is forecast to exceed 30,000 over the next two decades
                    • Figure 8: Forecast World Mainline Jet Deliveries, by Type, 2014-2033, (Number)
                  • Asia Pacific expected to consolidate its position as the region with the largest airplane fleet between 2013 and 2033
                    • Figure 9: Forecast World Airplane Fleet, by Region, 2013 and 2033, (% of Total)
                  • Defence expenditure limits predicted to marginally decline until 2016 at the earliest
                    • Figure 10: Forecast UK DEL on Defence, 2013/14-2015/16, (£ Million)
                  • What we think
                  • Introduction

                      • Definitions
                        • Methodology
                          • Abbreviations
                            • Market positioning
                            • UK Economy

                              • Key points
                                • Overview
                                  • Inflation
                                    • Manufacturing
                                      • Business investment
                                        • Imports
                                          • Exports
                                          • Market Factors

                                            • Key points
                                            • UK Turnover and Market Trends

                                              • Key points
                                                  • Figure 11: UK turnover of aerospace equipment, 2009-13, (£ Billion at MSP)
                                                  • Figure 12: UK Turnover of Aerospace Equipment, 2009-2013, (£ Billion at MSP)
                                                  • Figure 13: UK turnover of aerospace equipment, by sector, 2009-13, (£ Billion at MSP)
                                                  • Figure 14: UK Turnover of Aerospace Equipment, by sector, 2009-13, (£ Billion at MSP)
                                              • Market Trends

                                                • Key points
                                                  • Civil aerospace
                                                    • Figure 15: Regional Analysis of Global Air Passenger Traffic Development, 2010 - 2014, (% Change)
                                                    • Figure 16: Regional Analysis of Global Air Passenger Traffic Development, 2010-2014*, FiveYear Average, (% Change in RPK)
                                                    • Figure 17: Forecast Development of the Global Airline Fleet, by Aircraft Type, 2013 and 2033, (Number of Aircraft)
                                                    • Figure 18: Forecast Development of the Global Airline Fleet, by Aircraft Type, 2013 and 2033, (% of Total)
                                                    • Figure 19: World Mainline Jet Deliveries, by Model and Manufacturer, 2000, 2010-2013 and partial-Year 2014, (Number)
                                                    • Figure 20: World Mainline Jet Deliveries, by Manufacturer, 2000, 2010-2013, (Number)
                                                    • Figure 21: Large Commercial Aircraft Net Orders, 2013 and Partial-year 2014, (Number)
                                                    • Figure 22: Regional Aircraft Deliveries, by Model, 2011-2013, (Number)
                                                    • Figure 23: Deliveries of Business Aircraft, by Manufacturer, 2009-2013, (Number of Aircraft)
                                                    • Figure 24: Deliveries of Business Aircraft, 2009-2013, (Number)
                                                  • Defence
                                                      • Figure 25: The UK Defence Departmental Expenditure Limits and Defence Spending, 2009/10-2013/14, (£ Million)
                                                      • Figure 26: UK Defence Departmental Expenditure Limits and Defence Spending, 2009/10-2013/14, (£ million)
                                                      • Figure 27: The UK Defence Departmental Capital Expenditure Limits, 2006/2007-2010/11, (£ Million)
                                                      • Figure 28: The UK Defence Departmental Capital Expenditure Limits, 2011/12-2013/14, (£ Million)
                                                      • Figure 29: The UK Defence Departmental Cash Resource Expenditure Limits, 2011/12-2013/14, (£ Million)
                                                      • Figure 30: UK Defence Departmental Cash Resource Expenditure Limits, 2011/12-2013/14, (£ Million)
                                                      • Figure 31: The UK Defence Annually Managed Expenditure Limits, 2009/2010-2013/14, (£ Million)
                                                      • Figure 32: MoD Equipment Expenditure, 2009/2010-2013/14, (£ Million)
                                                      • Figure 33: MoD Equipment Expenditure, 2009/10-2013/14, (£ Million)
                                                      • Figure 34: MoD Research & Development Expenditure Outturn, 2007/2008-2011/12, (£ Million)
                                                      • Figure 35: UK Defence Expenditure by Industry, 2008/092012/13, (£ Million)
                                                      • Figure 36: MoD Major Equipment Projects, as at 31 March 2013, (£ Million)
                                                      • Figure 37: Defence Aircraft and Spacecraft Expenditure Outturn in the UK, 2008/092012/13, (£ Million)
                                                      • Figure 38: Defence Aircraft and Spacecraft Expenditure Outturn in the UK, 2008/09-2012/13, (£ Million)
                                                      • Figure 39: Forward Available Fleet by Aircraft Type for the UK Armed Forces, 2009-2013, (Number)
                                                    • PFI
                                                        • Figure 40: MoD PFI Projects, 2013, (Year and £ Million)
                                                    • International Trade

                                                      • Key points
                                                        • Overview
                                                          • Imports
                                                            • Figure 41: UK Imports of Aerospace Equipment, 2009-2013, (£ Million at CIF)
                                                            • Figure 42: UK Imports of Aerospace Equipment, 2009-2013, (£ Million at CIF)
                                                          • Segmentation
                                                            • Figure 43: Segmentation of UK Imports of Aerospace Equipment, by Type, 2009-2013, (£ Million at CIF)
                                                          • Exports
                                                              • Figure 44: UK Exports of Aerospace Equipment, 2009-2013, (£ Million at FOB)
                                                              • Figure 45: UK Exports of Aerospace Equipment, 2009-2013, (£ Million at FOB)
                                                            • Segmentation
                                                              • Figure 46: Segmentation of UK Exports of Aerospace Equipment, by Type, 2009-2013, (£ Million at CIF)
                                                              • Figure 47: Identified Orders of UK Exports of Defence Aircraft and Equipment, 2009-2013, (£ Million)
                                                              • Figure 48: Identified Orders of UK Exports of Defence Aircraft and Equipment, 2009-2013, (£ Million)
                                                              • Figure 49: UK Aerospace Equipment Trade Balance, 2009-2013, (£ Million)
                                                              • Figure 50: UK Aerospace Equipment Trade Balance, 2009-2013, (£ Million)
                                                          • Industry Structure

                                                            • Key points
                                                              • Industry development
                                                                • Figure 51: Analysis of the Changes in the Structure of the Aircraft and Spacecraft Manufacturing industry, 2010-2014, (Number of Factories and Businesses)
                                                              • Structure by Employment
                                                                • Figure 52: Analysis of the Employment Structure of the Aircraft and Spacecraft Industry, 2013 and 2014, (Number of Employees)
                                                              • Structure by Turnover
                                                                • Figure 53: Analysis of the Financial Structure of the Aircraft and Spacecraft Manufacturing Industry, 2013 and 2014, (£000 and Number of Companies)
                                                            • Company Profiles

                                                              • Airbus Operations

                                                                    • Figure 54: Financial Analysis of Airbus Operations, 2009-2013, (£ Million)
                                                                • BAE Systems

                                                                      • Figure 55: Financial Analysis of BAE Systems, 2009-2013, (£ Million)
                                                                  • Cobham

                                                                        • Figure 56: Financial Analysis of Cobham, 2009-2013, (£ Million)
                                                                    • GE Aircraft Engine Services

                                                                          • Figure 57: Financial Analysis of GE Aircraft Engine Services, 2009-2013, (£ Million)
                                                                      • Gkn

                                                                          • Figure 58: Financial Analysis of GKN, 2009-2013, (£ Million)
                                                                      • GKN Aerospace Services

                                                                        • AgustaWestland

                                                                              • Figure 59: Financial Analysis of AgustaWestland, 2009-2013, (£ Million)
                                                                          • Rolls-Royce

                                                                                • Figure 60: Financial Analysis of Rolls-Royce, 2009-2013, (£ Million)
                                                                            • Short Brothers

                                                                                • Figure 61: Financial Analysis of Short Brothers, 2009-2013, (£000)
                                                                            • Turbo-Union

                                                                                • Figure 62: Financial Analysis of Turbo-Union, 2009-2013, (£000)
                                                                                • Figure 63: Profiled Companies’ Turnover, 2009-2013, (£ Million)
                                                                            • Forecast

                                                                              • Key points
                                                                                • Industry outlook
                                                                                    • Figure 64: Forecast World Mainline Jet Deliveries, by Type, 2014-2033, (Number)
                                                                                    • Figure 65: Forecast World Mainline Jet Deliveries, by Type, 2014-2033, (Number)
                                                                                    • Figure 66: Forecast World Airplane Fleet, by Region, 2013 and 2033, (Number)
                                                                                    • Figure 67: Forecast World Airplane Fleet, by Region, 2013 and 2033, (% of Total)
                                                                                    • Figure 68: Forecast UK DEL on Defence, 2013/14-2015/16, (£ Million)
                                                                                    • Figure 69: Forecast UK DEL on Defence, 2013/14-2015/16, (£ Million)
                                                                                • Further Sources and Contacts

                                                                                  • Trade associations
                                                                                    • Trade magazines
                                                                                      • Trade exhibitions

                                                                                      Companies Covered

                                                                                      To learn more about the companies covered in this report please contact us.

                                                                                      Aerospace Industry (Industrial Report) - UK - November 2014

                                                                                      £995.00 (Excl.Tax)