Industry Statistics and Trends
Market size and recent performance (2014-2029)
Industry revenue has declined at a CAGR of 4.9 % over the past five years, to reach an estimated $3.3bn in 2024.
Trends and Insights
Local manufacturers supply essential parts to top aerospace companies for export
- Domestic manufacturers carve out a niche in the global market by producing and supplying components for large commercial aircraft from Boeing and Airbus. This is the predominant reason behind the industry's large volume of exports.
- Additional trends and insights available with purchase
Source: IBISWorld
Industry outlook (2024-2029)
Market size is projected to grow over the next five years.
Trends and Insights
Rising defence spending is driving demand for military aircraft
- Following a strategic reevaluation under the Federal Government's 2016 Defence White Paper, 2020 Force Structure Plan, and Defence Strategic Update, Australia is comprehensively revamping its defence capabilities.
Biggest companies in the Aircraft Manufacturing and Repair Services in Australia
| Company | Market Share (%)
2024 | Revenue ($m)
2024 |
|---|---|---|
Boeing Australia | 1,513.7 | |
BAE Systems Australia | 893.8 | |
Airbus Australia | 496.6 |
To view the market share and analysis for all 6 top companies in this industry, view purchase options.
Products & Services Segmentation
Source: IBISWorld
Industry revenue is measured across several distinct product and services lines, including Aircraft and aircraft parts manufacturing, Other products and services and Military aircraft maintenance, repair and overhaul services. Aircraft and aircraft parts manufacturing is the largest segment of the Aircraft Manufacturing and Repair Services in Australia.
Trends and Insights
Manufacturing of aircraft and its parts provides essential components for international assembly
- Despite the lack of domestic production of large commercial aircraft, companies within the industry produce the necessary components for assembling such aircraft abroad. Additionally, these businesses support the general aviation sector by producing small and lightweight aircraft.
- More insights available in the full report
Table of Contents
About this industry
Industry definition
The industry includes businesses that manufacture aircraft, and aircraft engines and frames used for civilian and military purposes. Industry services also include guided missile manufacturing, and aircraft maintenance, repairs and overhauls.
What's included in this industry?
Aircraft and aircraft parts manufacturing Military aircraft maintenance, repair and overhaul servicesCommercial aircraft maintenance, repair and overhaul servicesCompanies
Boeing AustraliaBAE Systems AustraliaAirbus AustraliaPurchase this report to view all 6 major companies in this industry.
Related Terms
GUIDED MISSILEAVIONICSGLIDERHEAVY MAINTENANCEIndustry Code
ANZSIC 2394 - Aircraft Manufacturing and Repair Services in Australia
Performance
Get an indication of the industry's health through historical, current and forward-looking trends in the performance indicators that make or break businesses.
Analyst insights
Local manufacturers form a vital link in the aircraft supply chain. Domestic manufacturers construct complex components for major aircraft manufacturers to assemble overseas.
In this chapter (4)
- Current Performance
- Outlook
- Volatility
- Life Cycle
Key metrics
- Annual Revenue, Recent Growth, Forecast, Revenue Volatility
- Number of Employees, Recent Growth, Forecast, Employees per Business, Revenue per Employee
- Number of Businesses, Recent Growth, Forecast, Employees per Business, Revenue per Business
- Total Profit, Profit Margin, Profit per Business
Charts
- Revenue, including historical (2014-2023) and forecast (2024-2029)
- Employees, including historical (2014-2023) and forecast (2024-2029)
- Businesses, including historical (2014-2023) and forecast (2024-2029)
- Profit, including historical (2014-2024)
- Industry Volatility vs. Revenue Growth
- Industry Life Cycle
Detailed analysis
- Trends in supply, demand and current events that are driving current industry performance
- Expected trends, economic factors and ongoing events that drive the industry's outlook
- Key success factors for businesses to overcome volatility
- How contribution to GDP, industry saturation, innovation, consolidation, and technology and systems influence the industry's life cycle phase.
Products and Markets
Learn about an industry's products and services, markets and trends in international trade.
Analyst insight
Manufacturers are adjusting to volatile conditions in commercial aviation markets. Airlines put off big purchase orders during periods of strict travel restrictions, with exp...
In this chapter
- Products & Services
- Major Markets
- International Trade
Key metrics
- Largest market segment and value in 2024
- Product innovation level
- Total imports, level and trend
- Total exports, level and trend
- Trade Balance
Charts
- Products & services segmentation in 2024
- Major market segmentation in 2024
- International trade, including imports by country and exports by country
Detailed analysis
- Trends impacting the recent performance of the industry's various segments
- Innovations in the industry's product or service offering, specialization or delivery method
- Key factors that successful businesses consider in their offerings
- Buying segments and key trends influencing demand for industry products and services
- Recent trends in import and export volumes, country of origin or destination, and expected future trends
Geographic Breakdown
Discover where business activity is most concentrated in an industry and the factors driving these trends to find opportunities and conduct regional benchmarking.
Analyst insights
Queensland is a popular destination for aircraft manufacturers and repairers. Maintenance and repair services are needed to support Queensland’s heavy air traffic, with air t...
In this chapter (1)
- Business Locations
Charts
- Share of revenue, establishment, wages and employment in each region
- Share of population compared to establishments in each region in 2024
Tables
- Number and share of establishments in each region in 2024
- Number and share of revenue each region accounts for in 2024
- Number and share of wages each region accounts for in 2024
- Number and share of employees in each region in 2024
Detailed analysis
- Geographic spread of the industry across Asia Pacific, and trends associated with changes in the business landscape
- Key success factors for businesses to use location to their advantage
Competitive Forces
Get data and insights on what's driving competition in an industry and the challenges industry operators and new entrants may face, with analysis built around Porter's Five Forces framework.
Analyst insights
A handful of manufacturers dominate the aerospace sector. Only a few firms have the scale, expertise and reputation to meet strict safety regulations and performance targets ...
In this chapter (4)
- Concentration
- Barriers to Entry
- Substitutes
- Buyer & Supplier Analysis
Key metrics
- Industry concentration level
- Industry competition level and trend
- Barriers to entry level and trend
- Substitutes level and trend
- Buyer power level and trend
- Supplier power level and trend
Charts
- Market share concentration among the top 4 suppliers from 2019-2024
- Supply chain including upstream supplying industries and downstream buying industries, flow chart
Detailed analysis
- Factors impacting the industry’s level of concentration, such as business distribution, new entrants, or merger and acquisition activity.
- Key success factors for businesses to manage the competitive environment of the industry.
- Challenges that potential industry entrants face such as legal, start-up costs, differentiation, labor/capital intensity and capital expenses.
- Key success factors for potential entrants to overcome barriers to entry.
- Competitive threats from potential substitutes for the industry’s own products and services.
- Key success factors for how successful businesses can compete with substitutes.
- Advantages that buyers have to keep favorable purchasing conditions.
- Advantages that suppliers have to maintain favorable selling conditions.
- Key success factors for how businesses can navigate buyer and supplier power.
Companies
Learn about the performance of the top companies in the industry.
Analyst insights
Military contractors are fighting for key government contracts as the Australian Defence Force (ADF) overhauls its air capabilities. Maintenance contracts provide ongoing rev...
In this chapter
- Market Share Concentration
- Companies
- Company Spotlights
Charts
- Industry market share by company in 2020 through 2024
- Major companies in the industry, including market share, revenue, profit and profit margin in 2024
- Overview of Boeing Australia's performance by revenue, market share and profit margin from 2018 through 2024
- Overview of BAE Systems Australia's performance by revenue, market share and profit margin from 2018 through 2024
- Overview of Airbus Australia's performance by revenue, market share and profit margin from 2018 through 2024
- Overview of revenue, market share and profit margin trend for 3 additional companies
Detailed analysis
- Description and key data for Boeing Australia, and factors influencing its performance in the industry
- Description and key data for BAE Systems Australia, and factors influencing its performance in the industry
- Description and key data for Airbus Australia, and factors influencing its performance in the industry
- Description, key data and performance trends for 3 additional companies
External Environment
Understand the demographic, economic and regulatory factors that shape how businesses in an industry perform.
Analyst insights
Manufacturers must meet strict safety regulations. Aircraft manufacturers must implement strong quality controls to ensure end products are safe and reliable.
In this chapter
- External Drivers
- Regulation & Policy
- Assistance
Key metrics
- Regulation & policy level and trend
- Assistance level and trend
Charts
- Regulation & Policy historical data and forecast (2014-2029)
- Assistance historical data and forecast (2014-2029)
Detailed analysis
- Demographic and macroeconomic factors influencing the industry, including Regulation & Policy and Assistance
- Major types of regulations, regulatory bodies, industry standards or specific regulations impacting requirements for industry operators
- Key governmental and non-governmental groups or policies that may provide some relief for industry operators.
Financial Benchmarks
View average costs for industry operators and compare financial data against an industry's financial benchmarks over time.
Analyst insights
Manufacturers and repairers need skilled labour to satisfy safety and performance requirements. Maintenance and repair services are labour-intensive, with highly-skilled empl...
In this chapter
- Cost Structure
- Financial Ratios
- Key Ratios
Key metrics
- Profit margin, and how it compares to the sector-wide margin
- Average wages, and how it compares to the sector-wide average wage
- Largest cost component as a percentage of revenue
- Industry average ratios for days' receivables, industry coverage and debt-to-net-worth ratio
Charts
- Average industry operating costs as a share of revenue, including purchases, wages, depreciation, utilities, rent, other costs and profit in 2024
- Average sector operating costs as a share of revenue, including purchases, wages, depreciation, utilities, rent, other costs and profit in 2024
- Investment vs. share of economy
Data tables
- Cash Flow & Debt Service Ratios (2014-2029)
- Revenue per Employee (2014-2029)
- Revenue per Enterprise (2014-2029)
- Employees per Establishment (2014-2029)
- Employees per Enterprise (2014-2029)
- Average Wage (2014-2029)
- Wages/Revenue (2014-2029)
- Establishments per Enterprise (2014-2029)
- IVA/Revenue (2014-2029)
- Imports/Demand (2014-2029)
- Exports/Revenue (2014-2029)
Detailed analysis
- Trends in the cost component for industry operators and their impact on industry costs and profitability
Key Statistics
Industry Data
Data Tables
Including values and annual change:
- Revenue (2014-2029)
- IVA (2014-2029)
- Establishments (2014-2029)
- Enterprises (2014-2029)
- Employment (2014-2029)
- Exports (2014-2029)
- Imports (2014-2029)
- Wages (2014-2029)
Top Questions Answered
Unlock comprehensive answers and precise data upon purchase. View purchase options.
What is the market size of the Aircraft Manufacturing and Repair Services industry in Australia in 2024?
The market size of the Aircraft Manufacturing and Repair Services industry in Australia is $3.3bn in 2024.
How many businesses are there in the Aircraft Manufacturing and Repair Services in Australia industry in 2024?
There are 1,129 businesses in the Aircraft Manufacturing and Repair Services industry in Australia, which has grown at a CAGR of 4.3 % between 2019 and 2024.
Has the Aircraft Manufacturing and Repair Services industry in Australia grown or declined over the past 5 years?
The market size of the Aircraft Manufacturing and Repair Services industry in Australia has been declining at a CAGR of 4.9 % between 2019 and 2024.
What is the forecast growth of the Aircraft Manufacturing and Repair Services industry in Australia over the next 5 years?
Over the next five years, the Aircraft Manufacturing and Repair Services industry in Australia is expected to grow.
What are the biggest companies in the Aircraft Manufacturing and Repair Services market in Australia?
The biggest companies operating in the Aircraft Manufacturing and Repair Services market in Australia are Boeing Australia, BAE Systems Australia and Airbus Australia
What does the Aircraft Manufacturing and Repair Services in Australia include?
Aircraft and aircraft parts manufacturing and Military aircraft maintenance, repair and overhaul services are part of the Aircraft Manufacturing and Repair Services industry.
Which companies have the highest market share in the Aircraft Manufacturing and Repair Services in Australia?
The company holding the most market share in Australia is Boeing Australia.
How competitive is the Aircraft Manufacturing and Repair Services industry in Australia?
The level of competition is moderate and steady in the Aircraft Manufacturing and Repair Services industry in Australia.
Related Industries
Widen your competitive advantage with related industries
Competitors
- Toy and Sporting Goods Manufacturing in Australia
Complementors
- Shipbuilding and Repair Services in Australia
- Railway Equipment Manufacturing and Repair in Australia
- Power Automation Products and Other Electrical Equipment Manufacturing in Australia
International industries
- Global Commercial Aircraft Manufacturing
- Global Military Aircraft & Aerospace Manufacturing
- Aircraft, Engine & Parts Manufacturing in the US
- Aircraft Maintenance, Repair & Overhaul in the US
- Unmanned Aerial Vehicle (UAV) Manufacturing in the US
View all industries in Australia
Methodology
How are IBISWorld reports created?
IBISWorld has been a leading provider of trusted industry research for over 50 years to the most successful companies worldwide. With offices in Australia, the United States, the United Kingdom, Germany and China, we are proud to have local teams of analysts that conduct research, data analysis and forecasting to produce data-driven industry reports.
Our analysts start with official, verified and publicly available sources of data to build the most accurate picture of each industry. Analysts then leverage their expertise and knowledge of the local markets to synthesize trends into digestible content for IBISWorld readers. Finally, each report is reviewed by one of IBISWorld’s editors, who provide quality assurance to ensure accuracy and readability.
IBISWorld relies on human-verified data and human-written analysis to compile each standard industry report. We do not use generative AI tools to write insights, although members can choose to leverage AI-based tools within the platform to generate additional analysis formats.
What data sources do IBISWorld analysts use?
Each industry report incorporates data and research from government databases, industry-specific sources, industry contacts, and our own proprietary database of statistics and analysis to provide balanced, independent and accurate insights.
Key data sources in Australia include:
- Australian Bureau of Statistics
- Australian Taxation Office
- Australian Securities & Investments Commission
Analysts also use industry specific sources to complement catch-all sources, although their perspective may focus on a particular organization or representative body, rather than a clear overview of all industry operations. However, when balanced against other perspectives, industry-specific sources provide insights into industry trends.
These sources include:
- Industry and trade associations
- Industry federations or regulators
- Major industry players annual or quarterly filings
Finally, IBISWorld’s global data scientists maintain a proprietary database of macroeconomic and demand drivers, which our analysts use to help inform industry data and trends. They also maintain a database of statistics and analysis on thousands of industries, which has been built over our more than 50-year history and offers comprehensive insights into long-term trends.
How does IBISWorld forecast its data?
IBISWorld’s analysts and data scientists use the sources above to create forecasts for our proprietary datasets and industry statistics. Depending on the dataset, they may use regression analysis, multivariate analysis, time-series analysis or exponential smoothing techniques to project future data for the industry or driver. Additionally, analysts will leverage their local knowledge of industry operating and regulatory conditions to impart their best judgment on the forecast model.
IBISWorld prides itself on being a trusted, independent source of data, with over 50 years of experience building and maintaining rich datasets and forecasting tools. We are proud to be the keystone source of industry information for thousands of companies across the world.
Learn more about our methodology and data sourcing on the Help Center.
