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United States (US) Aerospace and Defense Market Summary, Competitive Analysis and Forecast to 2027

Publisher MarketLine
Published Aug 04, 2023
Length 62 Pages
SKU # MTLN18195736

Description

United States (US) Aerospace and Defense Market Summary, Competitive Analysis and Forecast to 2027


Summary

Aerospace & Defense in the United States 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 US aerospace & defense market had total revenues of $94.1 billion in 2022, representing a negative compound annual growth rate (CAGR) of 0.9% between 2017 and 2022.
  • The systems & ordnance segment accounted for market's the largest proportion in 2022, with total revenues of $39.9 billion, equivalent to 42.4% of the market's overall value.
  • According to the Stockholm International Peace Research Institute, military spending will rise by 0.7% to $877 billion in 2022. The market's growth is anticipated to be accelerated by the current political tensions with China and Russia and planned purchases of advanced military equipment to replace the outdated equipment already in use.
Scope
  • Save time carrying out entry-level research by identifying the size, growth, major segments, and leading players in the aerospace & defense market in the United States
  • Use the Five Forces analysis to determine the competitive intensity and therefore attractiveness of the aerospace & defense market in the United States
  • 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 United States aerospace & defense market with five year forecasts by both value and volume
Reasons to Buy
  • What was the size of the United States aerospace & defense market by value in 2022?
  • What will be the size of the United States aerospace & defense market in 2027?
  • What factors are affecting the strength of competition in the United States aerospace & defense market?
  • How has the market performed over the last five years?
  • Who are the top competitors in the United States's aerospace & defense market?

Table of Contents

62 Pages
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 are the strengths of the leading players?
7.3. What are the most notable recent deals in this market?
8 Company Profiles
8.1. The Boeing Company
8.2. Lockheed Martin Corp
8.3. General Dynamics Corporation
8.4. L3Harris Technologies, Inc.
8.5. Northrop Grumman Corporation
8.6. RTX Corporation
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: United States aerospace & defense sector value: $ billion, 2017-22
Table 2: United States aerospace & defense sector category segmentation: $ billion, 2022
Table 3: United States aerospace & defense sector geography segmentation: $ billion, 2022
Table 4: United States aerospace & defense sector value forecast: $ billion, 2022-27
Table 5: The Boeing Company: key facts
Table 6: The Boeing Company: Annual Financial Ratios
Table 7: The Boeing Company: Key Employees
Table 8: The Boeing Company: Key Employees Continued
Table 9: The Boeing Company: Key Employees Continued
Table 10: The Boeing Company: Key Employees Continued
Table 11: Lockheed Martin Corp: key facts
Table 12: Lockheed Martin Corp: Annual Financial Ratios
Table 13: Lockheed Martin Corp: Key Employees
Table 14: Lockheed Martin Corp: Key Employees Continued
Table 15: General Dynamics Corporation: key facts
Table 16: General Dynamics Corporation: Annual Financial Ratios
Table 17: General Dynamics Corporation: Key Employees
Table 18: General Dynamics Corporation: Key Employees Continued
Table 19: L3Harris Technologies, Inc.: key facts
Table 20: L3Harris Technologies, Inc.: Annual Financial Ratios
Table 21: L3Harris Technologies, Inc.: Key Employees
Table 22: L3Harris Technologies, Inc.: Key Employees Continued
Table 23: Northrop Grumman Corporation: key facts
Table 24: Northrop Grumman Corporation: Annual Financial Ratios
Table 25: Northrop Grumman Corporation: Key Employees
Table 26: Northrop Grumman Corporation: Key Employees Continued
Table 27: RTX Corporation: key facts
Table 28: RTX Corporation: Annual Financial Ratios
Table 29: RTX Corporation: Key Employees
Table 30: RTX Corporation: Key Employees Continued
Table 31: United States size of population (million), 2018-22
Table 32: United States gdp (constant 2005 prices, $ billion), 2018-22
Table 33: United States gdp (current prices, $ billion), 2018-22
Table 34: United States inflation, 2018-22
Table 35: United States consumer price index (absolute), 2018-22
Table 36: United States exchange rate, 2018-22
List of Figures
Figure 1: United States aerospace & defense sector value: $ billion, 2017-22
Figure 2: United States aerospace & defense sector category segmentation: % share, by value, 2022
Figure 3: United States aerospace & defense sector geography segmentation: % share, by value, 2022
Figure 4: United States aerospace & defense sector value forecast: $ billion, 2022-27
Figure 5: Forces driving competition in the aerospace & defense sector in the United States, 2022
Figure 6: Drivers of buyer power in the aerospace & defense sector in the United States, 2022
Figure 7: Drivers of supplier power in the aerospace & defense sector in the United States, 2022
Figure 8: Factors influencing the likelihood of new entrants in the aerospace & defense sector in the United States, 2022
Figure 9: Factors influencing the threat of substitutes in the aerospace & defense sector in the United States, 2022
Figure 10: Drivers of degree of rivalry in the aerospace & defense sector in the United States, 2022

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