The market is dominated by domestic suppliers, as imports account for 32.4% of total market size in 2020. B2B drives market demand, with B2B spending representing 94.9% of total demand in 2020. China has the largest market size for aircraft and spacecraft in the region, with demand reaching USD90.7 billion in 2020. China Aerospace Science & Technology Corp is the largest company in China, generating 24.2% of the industry’s total production value in 2020. The industry is fragmented, with the top five companies generating 49.7% of total production value in 2020. The total number of companies decreases in 2020, to 5,185 units. The costs of the industry increase by 1.7% in 2020, largely driven by rising B2B costs. The industry’s profitability increases and stands at 9.0% of production value in 2020, the 16th highest in the region. With production value of USD55.0 billion, China accounts for 55.2% of the Asia Pacific total in 2020.
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This Euromonitor industrial report provides unique information on Aircraft and Spacecraft in China: ISIC 353. With this industrial report, you’ll be able to explore the industry from its sources of supply to its buyers. The Aircraft and Spacecraft in China: ISIC 353 report includes: Industry datagraphics including production data, exports, imports, cost structure, and profitability
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