Aerospace & Defense in Norway
Summary
Aerospace & Defense in Norway industry profile provides top-line qualitative and quantitative summary information including: market size (value 2018-23, and forecast to 2028). The profile also contains descriptions of the leading players including key financial metrics and analysis of competitive pressures within the market.
Key Highlights
- Market size of the aerospace & defense market includes the sum of the revenues generated from military-signed deals that remain under contract and new contracts signed within a particular calendar year.
- The Norwegian aerospace & defense sector recorded revenues of $1,699.4 million in 2023, representing a compound annual growth rate (CAGR) of 6.3% between 2018 and 2023.
- The military aircraft segment accounted for the sector's largest proportion in 2023, with total revenues of $642.3 million, equivalent to 37.8% of the sector's overall value.
- According to GlobalData, in 2023, Norway accounted for a 1.6% share in the European aerospace & defense sector.
- Save time carrying out entry-level research by identifying the size, growth, major segments, and leading players in the aerospace & defense market in Norway
- Use the Five Forces analysis to determine the competitive intensity and therefore attractiveness of the aerospace & defense market in Norway
- 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 Norway aerospace & defense market with five year forecasts
- What was the size of the Norway aerospace & defense market by value in 2023?
- What will be the size of the Norway aerospace & defense market in 2028?
- What factors are affecting the strength of competition in the Norway aerospace & defense market?
- How has the market performed over the last five years?
- What are the main segments that make up Norway'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 are the strengths of the leading players?
- 7.3. What are the recent developments in the sector?
- 8 Company Profiles
- 8.1. Nammo AS
- 8.2. Kongsberg Gruppen ASA
- 8.3. Lockheed Martin 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: Norway aerospace & defense sector value: $ million, 2018-23
- Table 2: Norway aerospace & defense sector category segmentation: $ million, 2023
- Table 3: Norway aerospace & defense sector geography segmentation: $ million, 2023
- Table 4: Norway aerospace & defense sector value forecast: $ million, 2023-28
- Table 5: Nammo AS: Key Facts
- Table 6: Nammo AS: Key Employees
- Table 7: Kongsberg Gruppen ASA: Key Facts
- Table 8: Kongsberg Gruppen ASA: Annual Financial Ratios
- Table 9: Kongsberg Gruppen ASA: Key Employees
- Table 10: Lockheed Martin Corp: Key Facts
- Table 11: Lockheed Martin Corp: Annual Financial Ratios
- Table 12: Lockheed Martin Corp: Key Employees
- Table 13: Norway Size of Population (million), 2019-23
- Table 14: Norway Real GDP (Constant 2010 Prices, $ billion), 2019-23
- Table 15: Norway GDP (Current Prices, $ Billion), 2019-23
- Table 16: Norway Inflation, 2019-23
- Table 17: Norway Consumer Price Index (Absolute), 2019-23
- Table 18: Norway Exchange Rate, 2018-23
- List of Figures
- Figure 1: Norway aerospace & defense sector value: $ million, 2018-23
- Figure 2: Norway aerospace & defense sector category segmentation: % share, by value, 2023
- Figure 3: Norway aerospace & defense sector geography segmentation: % share, by value, 2023
- Figure 4: Norway aerospace & defense sector value forecast: $ million, 2023-28
- Figure 5: Forces driving competition in the aerospace & defense sector in Norway, 2023
- Figure 6: Drivers of buyer power in the aerospace & defense sector in Norway, 2023
- Figure 7: Drivers of supplier power in the aerospace & defense sector in Norway, 2023
- Figure 8: Factors influencing the likelihood of new entrants in the aerospace & defense sector in Norway, 2023
- Figure 9: Factors influencing the threat of substitutes in the aerospace & defense sector in Norway, 2023
- Figure 10: Drivers of degree of rivalry in the aerospace & defense sector in Norway, 2023
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