China Aerospace and Defense Market Summary, Competitive Analysis and Forecast to 2027
Summary
Aerospace & Defense in China industry profile provides top-line qualitative and quantitative summary information including: market share, market size (value and volume 2017-22, 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 Chinese aerospace & defense market had total revenues of $26.2 billion in 2022, representing a negative compound annual growth rate (CAGR) of 2.5% between 2017 and 2022.
- The systems & ordnance segment accounted for the market's largest proportion in 2022, with total revenues of $13.9 billion, equivalent to 53.2% of the market's overall value.
- China’s tense relationship with India necessitates higher defense spending. China is the second largest military spender worldwide, next to the US. According to GlobalData, in 2022, the defense expenditure of China stood at $226.5 billion, witnessing a growth of 29.1% over 2019.
- Save time carrying out entry-level research by identifying the size, growth, and leading players in the aerospace & defense market in China
- Use the Five Forces analysis to determine the competitive intensity and therefore attractiveness of the aerospace & defense market in China
- 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 China aerospace & defense market with five year forecasts by both value and volume
- What was the size of the China aerospace & defense market by value in 2022?
- What will be the size of the China aerospace & defense market in 2027?
- What factors are affecting the strength of competition in the China aerospace & defense market?
- How has the market performed over the last five years?
- Who are the top competitors in China's aerospace & defense market?
- 1 Executive Summary
- 1.1. Market value
- 1.2. Market value forecast
- 1.3. Category segmentation
- 1.4. Geography segmentation
- 1.5. Market rivalry
- 1.6. Competitive landscape
- 2 Market Overview
- 2.1. Market definition
- 2.2. Market analysis
- 3 Market Data
- 3.1. Market value
- 4 Market Segmentation
- 4.1. Category segmentation
- 4.2. Geography segmentation
- 5 Market Outlook
- 5.1. Market value forecast
- 6 Five Forces Analysis
- 6.1. Summary
- 6.2. Buyer power
- 6.3. Supplier power
- 6.4. New entrants
- 6.5. Threat of substitutes
- 6.6. Degree of rivalry
- 7 Competitive Landscape
- 7.1. Who are the leading players?
- 7.2. What strategies do the leading players follow?
- 7.3. What are the most notable recent deals in this market?
- 8 Company Profiles
- 8.1. China Shipbuilding Industry Co Ltd
- 8.2. China Aerospace Science and Industry Corp
- 8.3. AviChina Industry & Technology Co Ltd
- 8.4. China North Industries Corp
- 9 Macroeconomic Indicators
- 9.1. Country data
- 10 Appendix
- 10.1. Methodology
- 10.2. Industry associations
- 10.3. Related MarketLine research
- 10.4. About MarketLine
- List of Tables
- Table 1: China aerospace & defense sector value: $ billion, 2017-22
- Table 2: China aerospace & defense sector category segmentation: $ billion, 2022
- Table 3: China aerospace & defense sector geography segmentation: $ billion, 2022
- Table 4: China aerospace & defense sector value forecast: $ billion, 2022-27
- Table 5: China Shipbuilding Industry Co Ltd: key facts
- Table 6: China Shipbuilding Industry Co Ltd: Annual Financial Ratios
- Table 7: China Shipbuilding Industry Co Ltd: Key Employees
- Table 8: China Aerospace Science and Industry Corp: key facts
- Table 9: China Aerospace Science and Industry Corp: Key Employees
- Table 10: AviChina Industry & Technology Co Ltd: key facts
- Table 11: AviChina Industry & Technology Co Ltd: Annual Financial Ratios
- Table 12: AviChina Industry & Technology Co Ltd: Key Employees
- Table 13: China North Industries Corp: key facts
- Table 14: China North Industries Corp: Key Employees
- Table 15: China size of population (million), 2018-22
- Table 16: China gdp (constant 2005 prices, $ billion), 2018-22
- Table 17: China gdp (current prices, $ billion), 2018-22
- Table 18: China inflation, 2018-22
- Table 19: China consumer price index (absolute), 2018-22
- Table 20: China exchange rate, 2018-22
- List of Figures
- Figure 1: China aerospace & defense sector value: $ billion, 2017-22
- Figure 2: China aerospace & defense sector category segmentation: % share, by value, 2022
- Figure 3: China aerospace & defense sector geography segmentation: % share, by value, 2022
- Figure 4: China aerospace & defense sector value forecast: $ billion, 2022-27
- Figure 5: Forces driving competition in the aerospace & defense sector in China, 2022
- Figure 6: Drivers of buyer power in the aerospace & defense sector in China, 2022
- Figure 7: Drivers of supplier power in the aerospace & defense sector in China, 2022
- Figure 8: Factors influencing the likelihood of new entrants in the aerospace & defense sector in China, 2022
- Figure 9: Factors influencing the threat of substitutes in the aerospace & defense sector in China, 2022
- Figure 10: Drivers of degree of rivalry in the aerospace & defense sector in China, 2022
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