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== Market ==
In 2015 the aircraft production was worth US$180.3
The global aerospace industry was worth $838.5 billion in 2017: aircraft & engine [[OEM]]s represented 28% (${{#expr:838*.28round0}} Bn), civil & military MRO & upgrades 27% (${{#expr:838*.27round0}} Bn), aircraft systems & component manufacturing 26% (${{#expr:838*.26round0}} Bn), [[satellite]]s & space 7% (${{#expr:838*.07round0}} Bn), [[missile]]s & [[UAV]]s 5% (${{#expr:838*.05round0}} Bn) and other activity, including [[flight simulator]]s, defense electronics, public research accounted for 7% (${{#expr:838*.07round0}} Bn).<ref name=Industry-2017/>
The countries with the largest industry were led by the [[United States]] with $408.4 Bn ({{#expr:408.4/8.38round0}}%), followed by [[France]] with $69 Bn ({{#expr:69/8.38round1}}%), then [[China]] with $61.2 Bn ({{#expr:61.2/8.38round1}}%), the [[United Kingdom]] with $48.8 Bn ({{#expr:48.4/8.38round1}}%), [[Germany]] with $46.2 Bn ({{#expr:46.2/8.38round1}}%), [[Russia]] with $27.1 Bn ({{#expr:27.1/8.38round1}}%), [[Canada]] with $24 Bn ({{#expr:24/8.38round1}}%), [[Japan]] with $21 Bn ({{#expr:21/8.38round1}}%), [[Spain]] with $14 Bn ({{#expr:14/8.38round1}}%) and [[India]] with $11Bn ({{#expr:11/8.38round1}}%). The top 10 countries represent $731 Bn or {{#expr:731/8.38round1}}% of the whole industry.<ref name=Industry-2017>{{cite web |url= https://aerodynamicadvisory.com/wp-content/uploads/2018/07/AeroDynamic-Teal_Global-Aerospace-Industry_16July2018.pdf |title= The Global Aerospace Industry Size & Country Rankings |date= 16 July 2018 |publisher= The Teal Group / AeroDynamic Advisory |author1= Richard Aboulafia |author-link= Richard Aboulafia |author2=Kevin Michaels}}</ref>
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| [[Airbus]]{{refn|group=lower-alpha|name=MAXmud|In 2019, Airbus displaced Boeing as the largest aerospace company by revenue due to the [[Boeing 737 MAX groundings]], with $2 billion operating losses down from $12 billion profits the previous year.<ref name=Flight15sep2020/>}}
| 61.8 || 78.9 || 75.1 || 72.3 || 70.8 || 68.8 || 80.6 || {{flag|France}}{{flag|Germany}}{{flagcountry|UK}}{{flag|Spain}}
|-
| [[Northrop Grumman]]
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| [[Rostec]]
| 30.0 || || || || || || || {{flag|Russia}}
|-▼
| [[BAE Systems]]▼
| 27.0 || 22.8 || 12.8 || 13.4 || 13.4 || 13.9 || 13.7 || {{flagcountry|UK}}▼
|-
| [[GE Aerospace]]
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| [[Safran]]
| 20.0 || || 25.2 || 17.9 || 16.8 || 16.6 || 18.3 || {{flagcountry|France}}
|-▼
| [[Rolls-Royce Holdings]]▼
| 17.2 || || 15.0 || 12.7 || 12.0 || 13.2 || 14.7 || {{flagcountry|UK}}▼
|-
| [[L3Harris]]
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| [[Leonardo S.p.A.|Leonardo]] (Finmeccanica)
| 15.5 || || 14.4 || 12.5 || 12.8 || 13.9 || 17.2 || {{flagcountry|Italy}}
▲|-
▲| [[BAE Systems]]
▲| || || 12.8 || 13.4 || 13.4 || 13.9 || 13.7 || {{flagcountry|UK}}
▲|-
▲| [[Rolls-Royce Holdings]]
▲| || || 15.0 || 12.7 || 12.0 || 13.2 || 14.7 || {{flagcountry|UK}}
|-
| ''[[United Technologies]]''{{refn|group=lower-alpha|name=RTmerge|United Technologies merged with the [[Raytheon Company]] in April 2020 to form [[RTX Corporation|Raytheon Technologies (RTX Corporation)]].<ref name=mergercomplete>{{cite press release
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|-
| [[Airbus]]<ref group=lower-alpha name=MAXmud/>
| 5.60 || 1.5 || 5.95 || 3.70 || 2.40 || 4.34 || 4.50 || {{flag|France}}{{flag|Germany}}{{flagcountry|UK}}{{flag|Spain}}
|-
| [[RTX Corporation]]
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=== Cities ===
Important locations of the civil aerospace industry worldwide include [[Seattle]], [[Wichita, Kansas]], [[Dayton, Ohio]] and [[St. Louis]] in the United States ([[Boeing]]), [[Montreal]] and [[Toronto]] in Canada ([[Bombardier Aerospace|Bombardier]], [[Pratt & Whitney Canada]]), [[Toulouse]] and [[Bordeaux]] in France ([[Airbus]], [[Dassault Aviation|Dassault]], [[ATR (aircraft manufacturer)|ATR]]), [[Seville]] in Spain and [[Hamburg]] in Germany ([[Airbus]], [[EADS]]), the North-West of England and [[Bristol]] in Britain ([[BAE Systems]], [[Airbus]] and [[AgustaWestland]]), [[Komsomolsk-on-Amur]] and [[Irkutsk]] in Russia ([[Sukhoi]], [[Beriev]]), [[Kyiv]] and [[Kharkiv]] in Ukraine ([[Antonov]]), [[Nagoya]] in Japan ([[Mitsubishi Heavy Industries Aerospace]] and [[Kawasaki Heavy Industries Aerospace]]), as well as [[São José dos Campos]] in Brazil where [[Embraer]] is based.{{citation needed|date=January 2023}}
== Consolidation ==
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== Suppliers ==
The largest aerospace suppliers are [[United Technologies]] with $28.2
On 26 November 2018, United Technologies announced the completion of its Rockwell Collins acquisition, renaming systems supplier UTC Aerospace Systems as [[Collins Aerospace]], for $23 billion of sales in 2017 and 70,000 employees, and $39.0 billion of sales in 2017 combined with engine manufacturer [[Pratt & Whitney]].<ref>{{cite press release |url= http://www.utc.com/News/News-Center/Pages/United-Technologies-Announces-Intention-to-Separate-Into-Three-Independent-Compan.aspx |title= United Technologies Announces Intention to Separate Into Three Independent Companies; Completes Acquisition of Rockwell Collins |date= November 26, 2018 |publisher= United Technologies}}</ref>
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