Aerospace and Defense Market Summary, Competitive Analysis and Forecast to 2027

Aerospace and Defense Market Summary, Competitive Analysis and Forecast to 2027

Summary

Global Aerospace & Defense industry profile provides top-line qualitative and quantitative summary information including: market size (value 2018-22, and forecast to 2027). The profile also contains descriptions of the leading players including key financial metrics and analysis of competitive pressures within the market.

Key Highlights

• The market size of military aerospace and defense market includes the sum of the revenues generated from signed deals that remain under contract and new contracts signed within a particular calendar year.
• The market is segmented into military aircraft, military vehicles, naval vessels, and systems & ordnance.
• The scope of military aircraft covers aircraft engines, aviation MRO, defense helicopters, military avionics, rotorcraft, satellites, UAVs and others.
• The military vehicles segment includes armored vehicles and related MRO operations, unmanned ground vehicles, vehicle armor, and others.
• The scope of naval vessels covers maritime and border security, naval engines, naval vessels and related MRO operations, submarines and related MRO operations and any other undersea warfare.
• The systems & ordnance segment is comprised of ammunition, artillery, biometric systems, body armor, communications equipment, cybersecurity, electronic warfare, navigational systems, radars, IT and computing systems, simulation systems, missiles and missile defense systems, all ordnance and guns, soldier modernization, communications, vetronics, and others.
• All market data and forecasts are represented in nominal terms (i.e., without adjustment for inflation) and all currency conversions used in the creation of this report have been calculated using constant 2022 annual average exchange rates.
• The global aerospace & defense market had total revenues of $310.8 billion in 2022, representing a negative compound annual growth rate (CAGR) of 5.3% between 2017 and 2022.
• The systems & ordnance segment accounted for the market's largest proportion in 2022, with total revenues of $131.3 billion, equivalent to 42.3% of the market's overall value.
• The Russian invasion of Ukraine resulted in growth in defense spending and budgets, leading to an increase in demand for military hardware globally.

Scope

• Save time carrying out entry-level research by identifying the size, growth, major segments, and leading players in the global aerospace & defense market
• Use the Five Forces analysis to determine the competitive intensity and therefore attractiveness of the global aerospace & defense market
• Leading company profiles reveal details of key aerospace & defense market players’ global operations and financial performance
• Add weight to presentations and pitches by understanding the future growth prospects of the global aerospace & defense market with five year forecasts

Reasons to Buy

• What was the size of the global aerospace & defense market by value in 2022?
• What will be the size of the global aerospace & defense market in 2027?
• What factors are affecting the strength of competition in the global aerospace & defense market?
• How has the market performed over the last five years?
• What are the main segments that make up the global aerospace & defense market?