A business or individual engaged in developing, producing, testing, marketing, and maintaining airplanes, aircraft parts, missiles, rockets, or spacecraft is known as an aerospace manufacturer. Below is some helpful information about aerospace manufacturing.
Background Of The Industry
There are thousands of manufacturers in the United States today, and the number is constantly growing. However, entry barriers remain high. These industries require huge financial resources to start and remain profitable, which makes it difficult for many companies to enter.
In the United States alone, nearly a third of all airplanes are manufactured in this sector. However, the industry provides more than just commercial aviation services to the public. Currently, the retail space subsector includes designing and manufacturing advanced rockets and spacecraft. Revenue and spending growth are projected for this segment over the next few years. New technologies developed in this industry include commercial space flight, space tourism, improved satellite communications, and even space laboratories.
Trends In The Industry
The aerospace industry is experiencing a rapid transformation, ranging from new aircraft structures to environmentally friendly aero-engines. Engineers are finding new ways to optimize performance at low costs. The industry is also transforming from large companies to global supply chains led by large system integrators. This evolution has forced manufacturers to innovate to meet ever-increasing demands. Trends in aerospace manufacturing include the development of innovative materials and 3D printing.
Skills Needed In The Industry
If you’re considering a career in aviation, you should know the wide range of skills you’ll need. These jobs require high levels of competency in highly technical and detailed areas. Therefore, it is imperative to research the skills required and prepare examples of these traits. In addition, those with experience in manufacturing or a related field should also have excellent numeracy skills. Numeracy skills are essential in aviation, as pilots and air traffic controllers rely on computers to manage data and feed information into the systems.
Good interpersonal skills will help you communicate effectively with colleagues and clients, two crucial skills in the aerospace industry. Interpersonal skills are also essential to maintaining good working relationships, cultivating team spirit, and gaining knowledge about new developments.
Trade Considerations
There are several trade considerations for aerospace manufacturers. Since the aerospace industry involves highly complex equipment and technical data, it must be protected from non-U.S. export controls. Moreover, the aerospace industry depends on foreign sources for its components, which must be protected from non-U.S. access. Trade restrictions may affect ongoing sales of parts and demand for new aircraft. Therefore, it is critical to understand how trade restrictions affect the aerospace industry.
