In 2023, the United States contributed some 124.9 billion U.S. dollars in aerospace exports. Thus, making it the leading country in terms of aerospace exports. The country is home to some of the leading manufacturers in the aerospace sector, including Boeing and Lockheed Martin. United States defense and aerospace exports During the recent two decades, global military spending increased exponentially, reaching over 2.2 trillion U.S. dollars in 2022. The U.S. aerospace and defense industry supplies the majority of the domestic and international demand for arms and military technologies. In terms of international comparison, many of the global leading aerospace and defense manufacturers are located in the U.S. As of 2021, six of the 12 leading aerospace and defense companies are based in the U.S. Thus, arms and military defense production makes up a remarkable proportion of the U.S. economy. Boeing Company, Raytheon Technologies, and Lockheed Martin are the top three leading U.S. defense technology supplier companies based on revenue in 2021. Lockheed Martin Lockheed Martin is a leading aerospace, security, military support producing company and largest defense contractor globally. The company is also the leading arms dealer and military equipment producer in the world. To keep its leading position, the defense technology supplier invested consistently on research and development, roughly 1.5 billion U.S. dollars in 2021. During recent years, the company experienced a huge growth path since international conflicts evolved and countries continue increasing their military expenditures. For instance, between 2000 and 2021, the revenue of the Lockheed Martin almost tripled, up from 25 billion U.S. dollars in 2000 to roughly 67 billion U.S. dollars in 2021. On the other hand, the operating profit of the company grew almost nine times during the same period, reaching 9.1 billion U.S. dollars in 2021. These indicate a strong growth pattern for the aerospace and defense supplier, Lockheed Martin.

From 2024 to 2043, the global aerospace services market size is expected to reach approximately 4.4 trillion U.S. dollars, of which around 24 percent will be generated in Eurasia. During the given period, North America was expected to be the second-largest market for commercial services, accounting for 23 percent.

The US Aerospace and Defense Market is Segmented by Sector (Aviation (Commercial Aviation and General Aviation), Defense (Army, Navy, and Air Force), Space, and Unmanned Systems) and Platform (Land, Air, Sea, and Space). The Report Offers Market Size and Forecast for all the Above Segments in Value (USD).

As of March 2021, the number of people employed by the aerospace industry in Mexico amounted to nearly 19,700 employees. This represented a decrease of around 31.6 percent in comparison to the workforce registered a year earlier.

Explore the Aerospace Data Recorder Global Market Report 2025 Market trends! Covers key players, growth rate 5.8% CAGR, market size $2.4 Billion, and forecasts to 2033. Get insights now!

Ireland IE: Aerospace Industry: Total Exports data was reported at 5.465 USD bn in 2021. This records an increase from the previous number of 4.983 USD bn for 2020. Ireland IE: Aerospace Industry: Total Exports data is updated yearly, averaging 548.953 USD mn from Dec 1988 (Median) to 2021, with 34 observations. The data reached an all-time high of 7.833 USD bn in 2017 and a record low of 130.946 USD mn in 1988. Ireland IE: Aerospace Industry: Total Exports data remains active status in CEIC and is reported by Organisation for Economic Co-operation and Development. The data is categorized under Global Database’s Ireland – Table IE.OECD.MSTI: Trade Statistics: OECD Member: Annual.

In Ireland, The methodology used by the higher education institutions to report their R&D figures was harmonized starting from reference year 2018, which resulted in a downward break in the HERD series. R&D personnel data in the Higher Education sector increased markedly in 2018 due to methodological improvements for reporting research-active permanent academic staff in technological universities and institutes of technology, and for assigning research time coefficients in third-level institutions. From 2012, data on researchers in the higher education sector include PhD students. As of 2000, personnel data in the government sector were surveyed in FTE. Prior to 2000, data were collected for human resources devoted to S&T in FTE, and the R&D expenditure to total S&T expenditure ratio was applied.

The government data were revised back to 1992, as some government expenditures are no longer classified as R&D.

Prior to 2004, EU funds were included in GBARD data.

This statistic shows the revenue share of sectors in the aviation and aerospace industries in Germany from 2017 to 2023. In 2023, aerospace accounted for around 6.5 percent of turnover in the industry in Germany, while military aviation made up around 22 percent of turnover.

Austria AT: Aerospace Industry: Total Exports data was reported at 1.287 USD bn in 2021. This records an increase from the previous number of 1.170 USD bn for 2020. Austria AT: Aerospace Industry: Total Exports data is updated yearly, averaging 1.128 USD bn from Dec 1994 (Median) to 2021, with 28 observations. The data reached an all-time high of 3.433 USD bn in 2004 and a record low of 104.904 USD mn in 1994. Austria AT: Aerospace Industry: Total Exports data remains active status in CEIC and is reported by Organisation for Economic Co-operation and Development. The data is categorized under Global Database’s Austria – Table AT.OECD.MSTI: Trade Statistics: OECD Member: Annual.

In Austria, three large units were reclassified in the Government sector in 2016 (previously included in the business and the Higher education sectors). From 2017, government R&D support through tax incentives is reported as funds from the business sector. Beforehand, it was included in the government funding.

Since 2009, a large unit previously omitted has been included as an R&D performer in the PNP sector.

From 2007 onwards, the former 'post-secondary colleges for teacher training' ('Paedagogische Akademien') have become 'Universities of Education' and are, consequently surveyed as units of the Higher education sector (up to 2006 these units were covered in the Government sector).

In the BE sector, the 'research premium' is included in 'funds from government' beginning 2006. This measure was introduced for the first time for the calendar year 2002, and for the 2002 and 2004 data, government funding for R&D via the 'research premium' was subsumed under 'funds from enterprises'.

In 2004, Statistics Austria’s regular annual updating procedure of the R&D expenditure data resulted in revisions showing a significant increase compared to previous estimates, mainly due to the inclusion of results from the 2002 survey of the business enterprise sector.

United States US: Aerospace Industry: Total Exports data was reported at 91.663 USD bn in 2021. This records an increase from the previous number of 83.065 USD bn for 2020. United States US: Aerospace Industry: Total Exports data is updated yearly, averaging 64.500 USD bn from Dec 1989 (Median) to 2021, with 33 observations. The data reached an all-time high of 141.854 USD bn in 2018 and a record low of 29.090 USD bn in 1989. United States US: Aerospace Industry: Total Exports data remains active status in CEIC and is reported by Organisation for Economic Co-operation and Development. The data is categorized under Global Database’s United States – Table US.OECD.MSTI: Trade Statistics: OECD Member: Annual.

For the United States, from 2021 onwards, changes to the US BERD survey questionnaire allowed for more exhaustive identification of acquisition costs for ‘identifiable intangible assets’ used for R&D. This has resulted in a substantial increase in reported R&D capital expenditure within BERD. In the business sector, the funds from the rest of the world previously included in the business-financed BERD, are available separately from 2008. From 2006 onwards, GOVERD includes state government intramural performance (most of which being financed by the federal government and state government own funds). From 2016 onwards, PNPERD data are based on a new R&D performer survey. In the higher education sector all fields of SSH are included from 2003 onwards.

Following a survey of federally-funded research and development centers (FFRDCs) in 2005, it was concluded that FFRDC R&D belongs in the government sector - rather than the sector of the FFRDC administrator, as had been reported in the past. R&D expenditures by FFRDCs were reclassified from the other three R&D performing sectors to the Government sector; previously published data were revised accordingly. Between 2003 and 2004, the method used to classify data by industry has been revised. This particularly affects the ISIC category “wholesale trade” and consequently the BERD for total services.

U.S. R&D data are generally comparable, but there are some areas of underestimation:

1. i) Up to 2008, Government sector R&D performance covers only federal government activities. That by State and local government establishments is excluded;
2. ii) Except for the Government and the Business Enterprise sectors, the R&D data exclude most capital expenditures. For the Business Enterprise sector, depreciation is reported in place of gross capital expenditures up to 2014. Higher education (and national total) data were revised back to 1998 due to an improved methodology that corrects for double-counting of R&D funds passed between institutions.

Breakdown by type of R&D (basic research, applied research, etc.) was also revised back to 1998 in the business enterprise and higher education sectors due to improved estimation procedures.

The methodology for estimating researchers was changed as of 1985. In the Government, Higher Education and PNP sectors the data since then refer to employed doctoral scientists and engineers who report their primary work activity as research, development or the management of R&D, plus, for the Higher Education sector, the number of full-time equivalent graduate students with research assistantships averaging an estimated 50 % of their time engaged in R&D activities. As of 1985 researchers in the Government sector exclude military personnel. As of 1987, Higher education R&D personnel also include those who report their primary work activity as design.

Due to lack of official data for the different employment sectors, the total researchers figure is an OECD estimate up to 2019. Comprehensive reporting of R&D personnel statistics by the United States has resumed with records available since 2020, reflecting the addition of official figures for the number of researchers and total R&D personnel for the higher education sector and the Private non-profit sector; as well as the number of researchers for the government sector. The new data revise downwards previous OECD estimates as the OECD extrapolation methods drawing on historical US data, required to produce a consistent OECD aggregate, appear to have previously overestimated the growth in the number of researchers in the higher education sector.

Pre-production development is excluded from Defence GBARD (in accordance with the Frascati Manual) as of 2000. 2009 GBARD data also includes the one time incremental R&D funding legislated in the American Recovery and Reinvestment Act of 2009. Beginning with the 2000 GBARD data, budgets for capital expenditure – “R&D plant” in national terminology - are included. GBARD data for earlier years relate to budgets for current costs only.

Graph and download economic data for Hours Worked for Manufacturing: Aerospace Product and Parts Manufacturing (NAICS 3364) in the United States (IPUEN3364L010000000) from 1987 to 2023 about aerospace, parts, NAICS, IP, hours, production, manufacturing, and USA.

Russia RU: Aerospace Industry: Trade Balance data was reported at 1.856 USD bn in 2021. This records an increase from the previous number of 1.756 USD bn for 2020. Russia RU: Aerospace Industry: Trade Balance data is updated yearly, averaging 610.598 USD mn from Dec 1996 (Median) to 2021, with 26 observations. The data reached an all-time high of 3.003 USD bn in 2003 and a record low of -5.005 USD bn in 2014. Russia RU: Aerospace Industry: Trade Balance data remains active status in CEIC and is reported by Organisation for Economic Co-operation and Development. The data is categorized under Global Database’s Russian Federation – Table RU.OECD.MSTI: Trade Statistics: Non OECD Member: Annual.

In response to Russia's large-scale aggression against Ukraine, the OECD Council decided on 8 March 2022 to immediately suspend the participation of Russia and Belarus in OECD bodies. In view of this decision, the OECD suspended its solicitation of official statistics on R&D from Russian authorities, leading to the absence of more recent R&D statistics for this country in the OECD database. Previously collected and compiled indicators are still available.

The business enterprise sector includes all organisations and enterprises whose main activity is connected with the production of goods and services for sale, including those owned by the state, and private non-profit institutions serving the above-mentioned organisations. In practice however, R&D performed in this sector is carried out mostly by industrial research institutes other than enterprises. This particularity reflects the traditional organisation of Russian R&D.

Headcount data include full-time personnel only, and hence are underestimated, while data in full-time equivalents (FTE) are calculated on the basis of both full-time and part-time personnel. This explains why the FTE data are greater than the headcount data.

New budgetary procedures introduced in 2005 have resulted in items previously classified as GBARD being attributed to other headings and have affected the coverage and breakdown by socio-economic objective.

In the fiscal year 2022, the production value in the aerospace manufacturing industry was estimated to amount to approximately 1.81 trillion Japanese yen, up from around 1.5 trillion Japanese yen in the previous fiscal year. As of March 31, 2022, the industry employed around 34.7 thousand people in total.

Graph and download economic data for Employed full time: Median usual weekly nominal earnings (second quartile): Wage and salary workers: Aerospace engineers occupations: 16 years and over: Women (LEU0254745500A) from 2000 to 2011 about aerospace, engineering, second quartile, occupation, females, full-time, salaries, workers, earnings, 16 years +, wages, median, employment, and USA.

South Korea Aerospace Industry: Trade Balance data was reported at -1.602 USD bn in 2021. This records a decrease from the previous number of -756.538 USD mn for 2020. South Korea Aerospace Industry: Trade Balance data is updated yearly, averaging -1.500 USD bn from Dec 1988 (Median) to 2021, with 34 observations. The data reached an all-time high of -2.473 USD mn in 1998 and a record low of -3.169 USD bn in 2011. South Korea Aerospace Industry: Trade Balance data remains active status in CEIC and is reported by Organisation for Economic Co-operation and Development. The data is categorized under Global Database’s South Korea – Table KR.OECD.MSTI: Trade Statistics: OECD Member: Annual.

In Korea, SSH are excluded from the R&D data prior to 2007.

From 2013, GBARD data on the education objective are available separately, having previously been included in non-oriented research. Since 2008, GBARD has been broken down to fit NABS 2007 using estimation techniques.

Graph and download economic data for Capacity Utilization: Manufacturing: Durable Goods: Aerospace and Miscellaneous Transportation Equipment (NAICS = 3364-9) (CAPUTLG3364T9S) from Jan 1948 to Feb 2025 about aerospace, capacity utilization, miscellaneous, capacity, transportation, equipment, durable goods, goods, manufacturing, indexes, and USA.

The global Aerospace Coatings Market is projected to reach USD 6,872.63 million by 2034 With at a CAGR of 6.2% during the forecast period.

914 Global import shipment records of Aerospace with prices, volume & current Buyer's suppliers relationships based on actual Global export trade database.

The graph shows the revenue development of China's aircraft and spacecraft industry from 2006 to 2016. In 2016, the industry created revenues of about 380.2 billion yuan.

Financial overview and grant giving statistics of Aerospace Futures Alliance Of Washington

Global aerospace forging market size was valued at USD 18.47 Bn in 2023 & is predicted to surpass USD 25.50 Bn by 2032 at 3.65% CAGR from 2024 - 2032