Worldwide leading aircraft manufacturers and suppliers - revenue 2016

The statistic depicts the revenue of the worldwide leading aircraft manufacturers and suppliers in 2016. In that year, Boeing's worldwide revenue amounted to about 94.6 billion U.S. dollars.

Leading aircraft manufacturers and suppliers

Aircraft manufacturing can be divided into a commercial and a defense segment. While military aircraft manufacturing is likely to see a decline in revenue in the near future, commercial aircraft production is forecast to further expand its market size. Growth is projected to be largely driven by orders from commercial airlines that are keen to meet increased passenger travel demand. The rising number of commercial airline passengers is closely intertwined with the growing affluence in emerging markets.

Although Japan's Mitsubishi Heavy Industries has entered the market, there are essentially four major jet manufacturers - including Canada-based Bombardier and Brazil-based Embraer (Empresa Brasileira de Aeronáutica) - albeit, for many years, the commercial jet aviation market has been a de facto duopoly between the European aircraft maker Airbus and the US aircraft builder Boeing. These two companies share between them about 65 percent of the world airliner fleet.

The defense segment is expected to face military budget reductions in mature markets that will only partially be offset by increased military spending in the Middle East, Russia and China. The global leading defense manufacturers include Boeing, Lockheed Martin, EADS/Airbus and Northrop Grumman.

In the area of engines and parts manufacturing, there is great competition between a number of companies, often conglomerates that are active in a variety of industries. CFM International and General Electric and the UK’s Rolls Royce Group, a company that should not be confused with the wholly BMW-owned automobile marque, are among the largest suppliers of engines for aircraft.

Revenue of the worldwide leading aircraft manufacturers and suppliers in 2016

Aircraft manufacturer/supplierRevenue in million U.S. dollars
Boeing Co.94,571
Airbus Group SE70,302
United Technologies Corp.57,244
Lockheed Martin Corp.47,248
Honeywell International Inc.39,302
Mitsubishi HI Ltd.33,465
General Dynamics Corp.31,353
Northrop Grumman Corp.24,508
Raytheon Co.24,069
BAE Systems PLC21,884
Safran SA18,771
Rolls Royce Holdings PLC18,397
Bombadier Inc.16,339
Textron Inc.13,788
Leonardo SpA12,673
Spirit AeroSystems Holdings Inc.6,793
Embraer SA6,218
Rheinmetall AG6,030
Zodiac Aerospace5,529
MTU Aero Engines AG4,997
Orbital ATK Inc.4,455
Dassault Aviation SA3,918
Triumph Group3,533
Transdigm Group Inc.3,171
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Source

Release date

2017

Region

Worldwide

Survey time period

2016

Supplementary notes

The list may not be complete.
* Safran SA was listed under the 'Communications and Equipment' category; Mitsubishi HI and Honeywell were listed under the 'Miscellaneous' category; Thales was listed under the 'Instruments' category; General Dynamics and Bombardier were listed under the 'Railcars, Ships, & Other Trans. Equipment' category; Rheinmetall was listed under the 'Machinery' category.

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Statistics on "Military aircraft manufacturing"

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