Number of Other Aircraft Parts and Auxiliary Equipment Manufacturing Businesses in the US (2000–2023)
As of 2023
1,236
other aircraft parts and auxiliary equipment manufacturing businesses in the United States
Number of Firms Over Time
Total Employment Over Time
Key Insights
- •The other aircraft parts and auxiliary equipment manufacturing industry has declined 9.9% since 2000 (from 1,372 to 1,236 firms).
- •The peak year was 2000 with 1,372 firms.
- •Recent trend (last 5 years): the industry is shrinking (-0.6%).
- •Employment: 405,439 workers in 2023 (-2.8% change since 2000).
- •Estimated 5-year survival rate: 72%.
Year-by-Year Data
| Year | Firms | Establishments | Employment | Entry Rate | Exit Rate | Net Growth |
|---|---|---|---|---|---|---|
| 2023 | 1,236 | 1,784 | 405,439 | 7.5% | 6.3% | +4.1% |
| 2022 | 1,250 | 1,737 | 386,167 | 7.2% | 7.5% | +0.1% |
| 2021 | 1,257 | 1,731 | 367,268 | 5.9% | 7.0% | -7.6% |
| 2020 | 1,260 | 1,741 | 394,882 | 5.8% | 8.8% | +1.8% |
| 2019 | 1,244 | 1,794 | 386,393 | 6.7% | 9.1% | +2.4% |
| 2018 | 1,226 | 1,828 | 373,992 | 15.0% | 6.4% | +1.7% |
| 2017 | 1,250 | 1,676 | 366,270 | 5.1% | 7.0% | -0.2% |
| 2016 | 1,301 | 1,745 | 367,190 | 5.9% | 5.2% | +0.0% |
| 2015 | 1,283 | 1,720 | 367,014 | 6.9% | 5.6% | -1.8% |
| 2014 | 1,272 | 1,681 | 369,740 | 5.5% | 5.0% | +2.0% |
Source: U.S. Census Bureau, Business Dynamics Statistics (BDS). Entry/exit rates refer to establishment openings and closings.