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Aircraft, Engine & Parts Manufacturing in Ontario

Author.Name IBISWorld Canada Last Updated: August 2025 NAICS ON33641aCA

Aircraft, Engine & Parts Manufacturing in Ontario industry analysis

Revenue for the Aircraft, Engine & Parts Manufacturing industry in Ontario is expected to grow an annualized x.x% to $x.x billion over the five years to 2025, while revenue for the national industry will likely grow at x.x% during the same period. The number of industry establishments has increased an annualized x.x% to xxx locations over the past five years. Industry employment has increased an annualized x.x% to x,xxx workers during the period, while industry wages have increased an annualized x.x% to $x.x billion.

Over the five years to 2030, provincial industry revenue is expected to grow an annualized x.x% to $x.x billion, while revenue for the national industry will likely grow x.x%. The number of industry establishments is forecast to grow x.x% to xxx locations over the next five years. Industry employment is expected to increase an annualized x.x% to x,xxx workers during the outlook period, while industry wages likely increase x% to $x.x billion.

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About the Aircraft, Engine & Parts Manufacturing in Ontario Market Research Report

What’s Included in the Aircraft, Engine & Parts Manufacturing in Ontario Market Research Report

Definition of the Aircraft, Engine & Parts Manufacturing in Ontario?

Industry operators provide one or more of the following, including the manufacture of complete aircraft; the manufacture of aircraft engines, propulsion units and other related equipment or parts; the development and creation of aircraft prototypes; aircraft conversions (i.e. major modification to systems); and complete aircraft overhaul and rebuilding (i.e. periodic restoration of aircraft to original design specifications).

What’s included in the Aircraft, Engine & Parts Manufacturing in Ontario?

The Aircraft, Engine & Parts Manufacturing in Ontario includes manufacturing complete aircraft, manufacturing aircraft components, parts and subassemblies, manufacturing aircraft engines, manufacturing aircraft engine components, parts and subassemblies, modifying aircraft, aircraft parts or engines and restore and overhaul aircraft, aircraft parts or engines. Related terms covered in the Aircraft, Engine & Parts Manufacturing in Ontario industry report includes companies that do primary aircraft design and development work and are responsible for the final assembly of the aircraft, which is then sold under their brand, subsystem integrators, with only oems above them in the supply chain and aircraft electronic systems that include radar and communication, control and display systems.

Industry Performance of the Aircraft, Engine & Parts Manufacturing industry in Ontario

Benchmark the Aircraft, Engine & Parts Manufacturing in Ontario industry performance with all ON Census Metropolitan Area and national performance.

Aircraft, Engine & Parts Manufacturing in Ontario

#1 in Highest Revenue 48.2% of province's GDP
Revenue (2025)
Annual Growth (2020-25)
Annual Growth (2025-30)

Aircraft, Engine & Parts Manufacturing in Canada


Revenue (2025)
Annual Growth (2020-25)
Annual Growth (2025-30)

For the full list of industry drivers, see report purchase options.

Key Drivers of the Aircraft, Engine & Parts Manufacturing industry in Ontario

See how key industry drivers, such as gross domestic product, private investment in non-residential construction, bachelorsed, total value of world trade, government consumption and investment and canadian effective exchange rate index are impacting Aircraft, Engine & Parts Manufacturing in Ontario

Ontario Economic Indicators

Gross Domestic Product
Private Investment in Non-Residential Construction
BachelorsEd

View more economic information in ON State Economic profile

Canada Key External Drivers

Total value of world trade
Government consumption and investment
Canadian effective exchange rate index

For the full list of industry drivers, see report purchase options.

Census Metropolitan Area Data of the Aircraft, Engine & Parts Manufacturing industry in Ontario

Access proprietary data on Census Metropolitan Area in the Aircraft, Engine & Parts Manufacturing in Ontario, such as Toronto, Kitchener - Cambridge - Waterloo and Ottawa - Gatineau. Data includes figures on revenue, establishments, employees and wages by Census Metropolitan Areas.

Key Statistics of the Aircraft, Engine & Parts Manufacturing industry in Ontario

Download 18 years of historical data and 5 years of projected performance.

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Top Questions Answered in this Report

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What is the market size of the Aircraft, Engine & Parts Manufacturing industry in Ontario in 2025?

The market size of the Aircraft, Engine & Parts Manufacturing industry in Ontario is $13.3bn in 2025.

How many businesses are there in the Aircraft, Engine & Parts Manufacturing industry in Ontario in 2025?

There are 250 businesses in the Aircraft, Engine & Parts Manufacturing industry in Ontario, which has been growing at an average annual rate of 0.7% from 2020 to 2025.

Has the Aircraft, Engine & Parts Manufacturing industry in Ontario grown or declined over the past 5 years?

The market size of the Aircraft, Engine & Parts Manufacturing industry in Ontario has been growing at an average annual rate of 5.3% from 2020 to 2025.

How many employees in the Aircraft, Engine & Parts Manufacturing industry in Ontario in 2025?

There are 20,307 employees in the Aircraft, Engine & Parts Manufacturing industry in Ontario, which has been growing at an average annual rate of 3.4% from 2020 to 2025.