NAICS 336411 - Aircraft Manufacturing
This U.S. industry comprises establishments primarily engaged in one or more of the following: (1) manufacturing or assembling complete aircraft; (2) developing and making aircraft prototypes; (3) aircraft conversion (i.e., major modifications to systems); and (4) complete aircraft overhaul and rebuilding (i.e., periodic restoration of aircraft to original design specifications).
Industry trends:
The aircraft manufacturing industry (NAICS 336411) is experiencing several key qualitative trends. One significant trend is the emphasis on sustainability and environmental performance. Companies are increasingly investing in new technologies to reduce carbon emissions, such as electric and hybrid aircraft. This shift is driven by regulatory pressures and growing consumer demand for greener air travel.
Digital transformation is another critical trend. Manufacturers are integrating advanced manufacturing technologies such as automation, artificial intelligence, and the Internet of Things (IoT). These innovations aim to increase efficiency, reduce costs, and optimize supply chains.
Additionally, the industry is witnessing robust growth in the aftermarket services sector. With airlines extending the lifespan of their fleets, there is a heightened demand for maintenance, repair, and overhaul (MRO) services.
In terms of forecasts, the global aircraft manufacturing market is expected to see moderate growth in the near future. The recovery of air travel post-pandemic is anticipated to drive new orders, particularly for narrow-body aircraft, which are favored for short and medium-haul routes.
Lastly, geopolitical factors and supply chain disruptions remain challenges that could impact production timelines and costs. However, firms that adapt through strategic investments and innovation are likely to maintain a competitive edge.
This industry is comprised of:
Aircraft conversions (i.e., major modifications to system)
Aircraft manufacturing
Aircraft overhauling
Aircraft rebuilding (i.e., restoration to original design specifications)
Autogiros manufacturing
Blimps (i.e., aircraft) manufacturing
Developing and producing prototypes for aircraft
Gliders (i.e., aircraft) manufacturing
Hang gliders manufacturing
Helicopters manufacturing
Target drones, aircraft, manufacturing
Ultra light aircraft manufacturing
This report includes the ability to segment your Industry by:
- Region
- Employees
- Net Sales
- Company Age
- Total Assets
- Ownership Type
With iCFO You Get
What Is iCFO?
A review and comparison of financial performance of privately-help companies in specified SIC/NAICS industry segment, using industry standard benchmarks.
Sound Business Analysis
Answers come easily with iCFO. Review ROI, sales per employee, profit margins of the top 10%, top 25% and more, to identify areas of concern and opportunity. Examine what if scenarios and P&L impact of reducing costs or adding revenue.
Your Business’ Health In Minutes
It takes only five minutes to enter your data and produce a concise profile of your company’s fiscal state, including critical business ratios focusing on liquidity, profitability, asset efficiency, and growth.