$3.3bn
$XXX.Xm
9,745
1,129
$X.Xbn
The broader aviation industry, including aircraft manufacturers and repair services, is grappling with the substantial impact of the COVID-19 pandemic. As key players in the supply chain, domestic manufacturers contribute by exporting parts to major airlines, which are then assembled overseas and reimported back to Australia. However, in the wake of travel restrictions imposed due to COVID-19, the demand for maintenance, repair, and overhaul (MRO) services has dropped, with commercial airlines placing far fewer orders. Revenue is expected to fall at an annualised 4.9% over the five years through 2023-24, including an anticipated 9.6% rebound in the current year, to hit $3.3 billion.
Industry revenue has declined at a CAGR of 4.9 % over the past five years, to reach an estimated $3.3bn in 2024.
Market size is projected to grow over the next five years.
Company | Market Share (%)
2024 | Revenue ($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.
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.
Manufacturing of aircraft and its parts provides essential components for international assembly
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.
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ANZSIC 2394 - Aircraft Manufacturing and Repair Services in Australia
Get an indication of the industry's health through historical, current and forward-looking trends in the performance indicators that make or break businesses.
Local manufacturers form a vital link in the aircraft supply chain. Domestic manufacturers construct complex components for major aircraft manufacturers to assemble overseas.
Learn about an industry's products and services, markets and trends in international trade.
Manufacturers are adjusting to volatile conditions in commercial aviation markets. Airlines put off big purchase orders during periods of strict travel restrictions, with exp...
Discover where business activity is most concentrated in an industry and the factors driving these trends to find opportunities and conduct regional benchmarking.
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...
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.
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 ...
Learn about the performance of the top companies in the industry.
Military contractors are fighting for key government contracts as the Australian Defence Force (ADF) overhauls its air capabilities. Maintenance contracts provide ongoing rev...
Understand the demographic, economic and regulatory factors that shape how businesses in an industry perform.
Manufacturers must meet strict safety regulations. Aircraft manufacturers must implement strong quality controls to ensure end products are safe and reliable.
View average costs for industry operators and compare financial data against an industry's financial benchmarks over time.
Manufacturers and repairers need skilled labour to satisfy safety and performance requirements. Maintenance and repair services are labour-intensive, with highly-skilled empl...
Including values and annual change:
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Key data sources in Australia include:
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:
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.
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.
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The market size of the Aircraft Manufacturing and Repair Services industry in Australia is $3.3bn 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.
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.
Over the next five years, the Aircraft Manufacturing and Repair Services industry in Australia is expected to grow.
The biggest companies operating in the Aircraft Manufacturing and Repair Services market in Australia are Boeing Australia, BAE Systems Australia and Airbus Australia
Aircraft and aircraft parts manufacturing and Military aircraft maintenance, repair and overhaul services are part of the Aircraft Manufacturing and Repair Services industry.
The company holding the most market share in Australia is Boeing Australia.
The level of competition is moderate and steady in the Aircraft Manufacturing and Repair Services industry in Australia.