Philippines Aerospace and Defense Market Summary, Competitive Analysis and Forecast to 2027
Summary
Aerospace & Defense in Philippines industry profile provides top-line qualitative and quantitative summary information including: market size (value 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 Filipino aerospace & defense market had total revenues of $2.2 billion in 2022, representing a negative compound annual growth rate (CAGR) of 27.7% between 2017 and 2022.
- The naval vessels segment accounted for the market's largest proportion in 2022, with total revenues of $0.9 billion, equivalent to 40.1% of the market's overall value.
- Threats from terrorist groups, disputes in the South China Sea, and efforts to modernize the army have prompted the Philippine government to improve its military capabilities. According to GlobalData, in 2022, the defense expenditure of the Philippines stood at $4.3 billion, witnessing a growth of 22.9% over 2019.
- Save time carrying out entry-level research by identifying the size, growth, major segments, and leading players in the aerospace & defense market in Philippines
- Use the Five Forces analysis to determine the competitive intensity and therefore attractiveness of the aerospace & defense market in Philippines
- 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 Philippines aerospace & defense market with five year forecasts
- What was the size of the Philippines aerospace & defense market by value in 2022?
- What will be the size of the Philippines aerospace & defense market in 2027?
- What factors are affecting the strength of competition in the Philippines aerospace & defense market?
- How has the market performed over the last five years?
- What are the main segments that make up Philippines'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. Airbus Defence and Space SAS
- 8.2. Elbit Systems Ltd
- 8.3. Korea Aerospace Industries Ltd
- 8.4. Textron Inc.
- 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: Philippines aerospace & defense sector value: $ million, 2017-22
- Table 2: Philippines aerospace & defense sector category segmentation: $ million, 2022
- Table 3: Philippines aerospace & defense sector geography segmentation: $ million, 2022
- Table 4: Philippines aerospace & defense sector value forecast: $ million, 2022-27
- Table 5: Airbus Defence and Space SAS: key facts
- Table 6: Airbus Defence and Space SAS: Key Employees
- Table 7: Elbit Systems Ltd: key facts
- Table 8: Elbit Systems Ltd: Annual Financial Ratios
- Table 9: Elbit Systems Ltd: Key Employees
- Table 10: Elbit Systems Ltd: Key Employees Continued
- Table 11: Korea Aerospace Industries Ltd: key facts
- Table 12: Korea Aerospace Industries Ltd: Annual Financial Ratios
- Table 13: Korea Aerospace Industries Ltd: Key Employees
- Table 14: Textron Inc.: key facts
- Table 15: Textron Inc.: Annual Financial Ratios
- Table 16: Textron Inc.: Key Employees
- Table 17: Textron Inc.: Key Employees Continued
- Table 18: Philippines size of population (million), 2018-22
- Table 19: Philippines gdp (constant 2005 prices, $ billion), 2018-22
- Table 20: Philippines gdp (current prices, $ billion), 2018-22
- Table 21: Philippines inflation, 2018-22
- Table 22: Philippines consumer price index (absolute), 2018-22
- Table 23: Philippines exchange rate, 2018-22
- List of Figures
- Figure 1: Philippines aerospace & defense sector value: $ million, 2017-22
- Figure 2: Philippines aerospace & defense sector category segmentation: % share, by value, 2022
- Figure 3: Philippines aerospace & defense sector geography segmentation: % share, by value, 2022
- Figure 4: Philippines aerospace & defense sector value forecast: $ million, 2022-27
- Figure 5: Forces driving competition in the aerospace & defense sector in Philippines, 2022
- Figure 6: Drivers of buyer power in the aerospace & defense sector in Philippines, 2022
- Figure 7: Drivers of supplier power in the aerospace & defense sector in Philippines, 2022
- Figure 8: Factors influencing the likelihood of new entrants in the aerospace & defense sector in Philippines, 2022
- Figure 9: Factors influencing the threat of substitutes in the aerospace & defense sector in Philippines, 2022
- Figure 10: Drivers of degree of rivalry in the aerospace & defense sector in Philippines, 2022
Research Assistance
Download our eBook: How to Succeed Using Market Research
Learn how to effectively navigate the market research process to help guide your organization on the journey to success.
Download eBook