Industry Analysis & Industry Trends
The UK Aircraft, Engine and Parts Manufacturing industry is the second largest in the world, after that of the United States. It is a major source of investment, research and development and is particularly renowned for the production and assembly of aircraft wings and the design and manufacture of aircraft engines. Strong recent growth has been due to high demand for new, fuel-efficient aircraft that make use of composite materials. A significant backlog of orders has sustained production in an industry that has previously been volatile. Overall, industry revenue is projected to rise at a compound annual rate of 4.6% to £28.8 billion over the five years through 2016-17... purchase to read more
Industry Report - Industry Locations Chapter
The South East
The South East accounts for the highest proportion of industry establishments, accounting for an estimated 19.8%. The industry exports a majority of its products overseas, with many heading for Europe. The South East has excellent trade links with Europe, and Southampton is the second largest container port in the United Kingdom. Therefore, locating in the region can be beneficial for aircraft parts manufacturers that rely heavily on overseas markets.
The South West
The South West is also home to a large number of industry operators, which account for an estimated 15.4% of total industry establishments. A number of these establishments are situated in Filton on the outskirts of Bristol. Fil.. purchase to read more