Aerospace and Defense Market in Germany 2024-2028

Aerospace And Defense Market In Germany 2024-2028

The aerospace and defense market in Germany is forecasted to grow by USD 9.74 bn during 2023-2028, accelerating at a CAGR of 4.2% during the forecast period. The report on the aerospace and defense market in Germany provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.

The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by increasing demand for UAVs, presence of robust aerospace and defense industry base in Germany, and increase in investments in defense modernization.

Technavio's aerospace and defense market in Germany is segmented as below:

By Type

• Aerospace
• Defense

By Service

• Manufacturing
• Design
• Engineering
• Maintenance
• Repair and overhaul

By Aircraft Type

• Manual
• Autonomous

This study identifies the increase in technological innovation in aerospace and defense industry as one of the prime reasons driving the aerospace and defense market in Germany growth during the next few years. Also, increase in product innovation in aerospace and defense industry and rise in mergers and collaborations among vendors will lead to sizable demand in the market.

The report on the aerospace and defense market in Germany covers the following areas:

• Aerospace and defense market in Germany sizing
• Aerospace and defense market in Germany forecast
• Aerospace and defense market in Germany industry analysis

The robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading aerospace and defense market in Germany vendors that include Airbus SE, Altair Engineering Inc., BAE Systems Plc, Diehl Stiftung and Co. KG, Heckler and Koch, HENSOLDT AG, KNDS N.V., Leonardo S.p.A., Liebherr International Deutschland GmbH, Lockheed Martin Corp., MTU Aero Engines AG, OHB SE, RTX Corp., Safran SA, Thales Group, The Boeing Co., thyssenkrupp AG, TotalEnergies SE, General Dynamics Corp., and Rheinmetall AG. Also, the aerospace and defense market in Germany analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.

The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.

The publisher presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast the accurate market growth.