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- Boeing – 66.61. Country: United States. Founded: 1916. Headquarters: Arlington, Virginia. Employees: More than 140,000. Industry: Boeing is an American aerospace company that has made a profound impact on commercial and military aviation worldwide.
- Lockheed Martin – 65.98. Country: United States. Founded: 1995. Headquarters: Bethesda, Maryland. Employees: Around 116,000. Industry: Lockheed Martin is a global aerospace, defense, security, and advanced technologies company known for its cutting-edge military aircraft.
- Airbus – 61.79. Country: Netherlands (corporate), France, Germany, Spain, the United Kingdom, and China (operational) Founded: 1970. Headquarters: Netherlands, Leiden.
- General Dynamics – 39.41. Country: United States. Founded: 1952. Headquarters: Reston, Virginia. Employees: Over 106,000. Industry: General Dynamics is a prominent American aerospace and defense corporation with a diverse portfolio, including military aircraft and combat systems.
Learn how Airbus produces and delivers more than 13,500 commercial aircraft with a focus on innovation, performance and efficiency. Discover the transformation of the industrial system with co-design, digitalisation, robotics and decarbonisation.
- Overview
- The Airplane Manufacturing Market
- Top Aircraft Manufacturers
- How Are New Aircraft Certified to Fly?
- How do market dynamics between Boeing and Airbus influence the airplane manufacturing industry?
- How Did the COVID-19 Pandemic Impact Aircraft Manufacturers?
- The Bottom Line
- GeneratedCaptionsTabForHeroSec
Although the airline industry is highly competitive, the competition among aircraft suppliers is relatively limited. Lesser-known makers of large passenger airplanes are attempting to build a more significant presence on the world's stage. Still, in the large commercial aircraft market, there are just two major players: the U.S.-based Boeing (
) and the Airbus Group (
), formerly known as the European Aeronautic Defense and Space Company (EADS).
The global airplane manufacturing market is valued at over $400 billion.
The world's only major large passenger aircraft manufacturers are Boeing and Airbus.
Boeing's and Airbus's established jet brands are the 7-series and A-series, respectively.
The airplane manufacturing market is part of the overall airline industry. The global market's estimated value was more than $400 billion in 2023, and is expected to grow to more than half-a-trillion dollars by 2029. Companies in this market are involved in the manufacturing of airplanes and their components, including engines and propulsion systems.
Boeing and Airbus are the world's only major large passenger aircraft manufacturers. The two companies share almost exclusive control of the worldwide airplane supply business for large commercial jets. Their established brands are Boeing's 7-series and Airbus's A-series of jets. These aircraft include narrow-body aircraft, wide-body aircraft, and jumbo jets.
Bombardier, based in Canada, and Embraer, a Brazilian aircraft manufacturer, are leaders in the regional and business airplanes market. They both focus on smaller-sized jets.
On a global scale, competition with Boeing and Airbus is brutal. However, newer airline suppliers Comac in China, Mitsubishi in Japan, and UAC in Russia are working on a series of new wide-body jets in a
Here are some of the largest aircraft manufacturers in the world. All data as of Q1 2024.
Known for manufacturing a wide range of commercial jetliners, Boeing's product line includes the 737, 747, 767, 777, and 787 families of airplanes. The company also offers military aircraft, satellites, and other aerospace products and services.
Aircraft certification is a rigorous and detailed process conducted by aviation authorities such as the FAA in the U.S. or the European Union Aviation Safety Agency (EASA) in Europe. This process involves extensive testing and evaluation of the aircraft's design, construction, and performance to ensure it meets strict safety standards. It includes ...
The duopoly of Boeing and Airbus significantly influences market dynamics in the airplane manufacturing industry. Their competition is legendary, driven by their high-stakes duopoly, the need to stay ahead in avionics and other changing technology, and the geopolitics around Boeing being a major American company and Airbus being a European consortium. As manufacturing for other goods had for decades been moving out of Europe and the U.S., these two companies were also emblems of what the U.S. and Europe could still produce.
Court battles, World Trade Organization complaints, and negotiations at the highest political levels for aircraft contracts mean more is at stake than simply any new plane put out by one requires an answer from the other. Together, this duopoly's decisions on production rates, aircraft models, and what technology they will use set trends for the entire industry, affecting everything from airline fleet choices to what kind of technology pilots and regular consumers will find once on board.
The COVID-19 pandemic significantly impacted the aircraft manufacturing industry. There was a drastic cut in demand for new aircraft because of the sudden decline in air travel. This led to production slowdowns, delays in aircraft deliveries, and financial challenges for manufacturers. However, the industry has been adapting by focusing on more fle...
The airplane manufacturing market, valued at over $400 billion, is a significant part of the global airline industry, which is expected to grow considerably over the next decade. Dominated by Boeing and Airbus, the only major manufacturers of large commercial jets, this market is characterized by their iconic 7x7-series and A3xx-series jets. Suppli...
Learn about the global airplane manufacturing market, the world's only major large passenger aircraft manufacturers (Boeing and Airbus), and the regional and military airplane manufacturers. Find out how Boeing and Airbus compete with other suppliers and suppliers, and what challenges they face.
- Brian Beers
With that in mind, let’s take a look at how planes and plane models are made. First we’ll go through the airplane manufacturing process. After that we will take the very well made video by WIRED UK and break down the process of manufacturing a Boeing 737 in 9 days. The Aeroplane Manufacturing Process 1. Design
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Major componentsand aerostructuresproduction. Airbus has more than 20 manufacturing sites, each producing and/or assembling different parts of the aircraft – which subsequently are shipped to final assembly lines where the complete aircraft takes shape. These plants rely on thousands of suppliers worldwide, who produce roughly 80% of the ...
An aerospace manufacturer is a company or individual involved in the various aspects of designing, building, testing, selling, and maintaining aircraft, aircraft parts, missiles, rockets, or spacecraft. Aerospace is a high technology industry. The aircraft industry is the industry supporting aviation by building aircraft and manufacturing ...
