
Aerospace and Defense Market Summary, Competitive Analysis and Forecast to 2027
Description
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.
- 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
- 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?
Table of Contents
342 Pages
- 1 EXECUTIVE SUMMARY
- 1.1. Market value
- 1.2. Market value forecast
- 1.3. Category segmentation
- 1.4. Geography segmentation
- 1.5. Competitive landscape
- 2 Introduction
- 2.1. What is this report about?
- 2.2. Who is the target reader?
- 2.3. How to use this report
- 2.4. Definitions
- 3 Global Aerospace & Defense
- 3.1. Market Overview
- 3.2. Market Data
- 3.3. Market Segmentation
- 3.4. Market outlook
- 3.5. Five forces analysis
- 4 Macroeconomic Indicators
- 4.1. Country data
- 5 Aerospace & Defense in Asia-Pacific
- 5.1. Market Overview
- 5.2. Market Data
- 5.3. Market Segmentation
- 5.4. Market outlook
- 5.5. Five forces analysis
- 6 Aerospace & Defense in Europe
- 6.1. Market Overview
- 6.2. Market Data
- 6.3. Market Segmentation
- 6.4. Market outlook
- 6.5. Five forces analysis
- 7 Macroeconomic Indicators
- 7.1. Country data
- 8 Aerospace & Defense in France
- 8.1. Market Overview
- 8.2. Market Data
- 8.3. Market Segmentation
- 8.4. Market outlook
- 8.5. Five forces analysis
- 9 Macroeconomic Indicators
- 9.1. Country data
- 10 Aerospace & Defense in Germany
- 10.1. Market Overview
- 10.2. Market Data
- 10.3. Market Segmentation
- 10.4. Market outlook
- 10.5. Five forces analysis
- 11 Macroeconomic Indicators
- 11.1. Country data
- 12 Aerospace & Defense in Italy
- 12.1. Market Overview
- 12.2. Market Data
- 12.3. Market Segmentation
- 12.4. Market outlook
- 12.5. Five forces analysis
- 13 Macroeconomic Indicators
- 13.1. Country data
- 14 Aerospace & Defense in Japan
- 14.1. Market Overview
- 14.2. Market Data
- 14.3. Market Segmentation
- 14.4. Market outlook
- 14.5. Five forces analysis
- 15 Macroeconomic Indicators
- 15.1. Country data
- 16 Aerospace & Defense in Australia
- 16.1. Market Overview
- 16.2. Market Data
- 16.3. Market Segmentation
- 16.4. Market outlook
- 16.5. Five forces analysis
- 17 Macroeconomic Indicators
- 17.1. Country data
- 18 Aerospace & Defense in Canada
- 18.1. Market Overview
- 18.2. Market Data
- 18.3. Market Segmentation
- 18.4. Market outlook
- 18.5. Five forces analysis
- 19 Macroeconomic Indicators
- 19.1. Country data
- 20 Aerospace & Defense in China
- 20.1. Market Overview
- 20.2. Market Data
- 20.3. Market Segmentation
- 20.4. Market outlook
- 20.5. Five forces analysis
- 21 Macroeconomic Indicators
- 21.1. Country data
- 22 Aerospace & Defense in The Netherlands
- 22.1. Market Overview
- 22.2. Market Data
- 22.3. Market Segmentation
- 22.4. Market outlook
- 22.5. Five forces analysis
- 23 Macroeconomic Indicators
- 23.1. Country data
- 24 Aerospace & Defense in Spain
- 24.1. Market Overview
- 24.2. Market Data
- 24.3. Market Segmentation
- 24.4. Market outlook
- 24.5. Five forces analysis
- 25 Macroeconomic Indicators
- 25.1. Country data
- 26 Aerospace & Defense in The United Kingdom
- 26.1. Market Overview
- 26.2. Market Data
- 26.3. Market Segmentation
- 26.4. Market outlook
- 26.5. Five forces analysis
- 27 Macroeconomic Indicators
- 27.1. Country data
- 28 Aerospace & Defense in The United States
- 28.1. Market Overview
- 28.2. Market Data
- 28.3. Market Segmentation
- 28.4. Market outlook
- 28.5. Five forces analysis
- 29 Macroeconomic Indicators
- 29.1. Country data
- 30 Company Profiles
- 30.1. Airbus Defence and Space SAS
- 30.2. The Boeing Company
- 30.3. China North Industries Corp
- 30.4. General Dynamics Corporation
- 30.5. BAE Systems plc
- 30.6. Lockheed Martin Corp
- 30.7. Korea Aerospace Industries Ltd
- 30.8. Indian Ordnance Factories (Inactive)
- 30.9. Kawasaki Heavy Industries, Ltd.
- 30.10. United Aircraft Corp
- 30.11. Leonardo DRS Inc
- 30.12. Naval Group
- 30.13. Dassault Aviation SA
- 30.14. Safran SA
- 30.15. Rheinmetall AG
- 30.16. ThyssenKrupp Marine Systems GmbH
- 30.17. Krauss-Maffei Wegmann GmbH & Co KG
- 30.18. Fincantieri SpA
- 30.19. Mitsubishi Heavy Industries, Ltd.
- 30.20. Austal Ltd
- 30.22. Thales Australia Ltd
- 30.23. BAE Systems Australia Ltd
- 30.24. Lockheed Martin Australia Pty Ltd
- 30.25. CAE Inc.
- 30.26. China Shipbuilding Industry Co Ltd
- 30.27. China Aerospace Science and Industry Corp
- 30.28. AviChina Industry & Technology Co Ltd
- 30.29. Thales SA
- 30.30. Navantia SA
- 30.31. L3Harris Technologies, Inc.
- 30.32. Northrop Grumman Corporation
- 30.33. RTX Corporation
- 31 Appendix
- 31.1. Methodology
- 31.2. About MarketLine
- List of Tables
- Table 1: Global aerospace & defense sector value: $ billion, 2017-22
- Table 2: Global aerospace & defense sector category segmentation: $ billion, 2022
- Table 3: Global aerospace & defense sector geography segmentation: $ billion, 2022
- Table 4: Global aerospace & defense sector value forecast: $ billion, 2022-27
- Table 5: Global size of population (million), 2018-22
- Table 6: Global gdp (constant 2005 prices, $ billion), 2018-22
- Table 7: Global gdp (current prices, $ billion), 2018-22
- Table 8: Global inflation, 2018-22
- Table 9: Global consumer price index (absolute), 2018-22
- Table 10: Global exchange rate, 2018-22
- Table 11: Asia-Pacific aerospace & defense sector value: $ billion, 2017-22
- Table 12: Asia-Pacific aerospace & defense sector category segmentation: $ billion, 2022
- Table 13: Asia-Pacific aerospace & defense sector geography segmentation: $ billion, 2022
- Table 14: Asia-Pacific aerospace & defense sector value forecast: $ billion, 2022-27
- Table 15: Europe aerospace & defense sector value: $ billion, 2017-22
- Table 16: Europe aerospace & defense sector category segmentation: $ billion, 2022
- Table 17: Europe aerospace & defense sector geography segmentation: $ billion, 2022
- Table 18: Europe aerospace & defense sector value forecast: $ billion, 2022-27
- Table 19: Europe size of population (million), 2018-22
- Table 20: Europe gdp (constant 2005 prices, $ billion), 2018-22
- Table 21: Europe gdp (current prices, $ billion), 2018-22
- Table 22: Europe inflation, 2018-22
- Table 23: Europe consumer price index (absolute), 2018-22
- Table 24: Europe exchange rate, 2018-22
- Table 25: France aerospace & defense sector value: $ billion, 2017-22
- Table 26: France aerospace & defense sector category segmentation: $ billion, 2022
- Table 27: France aerospace & defense sector geography segmentation: $ billion, 2022
- Table 28: France aerospace & defense sector value forecast: $ billion, 2022-27
- Table 29: France size of population (million), 2018-22
- Table 30: France gdp (constant 2005 prices, $ billion), 2018-22
- Table 31: France gdp (current prices, $ billion), 2018-22
- Table 32: France inflation, 2018-22
- Table 33: France consumer price index (absolute), 2018-22
- Table 34: France exchange rate, 2018-22
- Table 35: Germany aerospace & defense sector value: $ billion, 2017-22
- Table 36: Germany aerospace & defense sector category segmentation: $ billion, 2022
- Table 37: Germany aerospace & defense sector geography segmentation: $ billion, 2022
- Table 38: Germany aerospace & defense sector value forecast: $ billion, 2022-27
- Table 39: Germany size of population (million), 2018-22
- Table 40: Germany gdp (constant 2005 prices, $ billion), 2018-22
- Table 41: Germany gdp (current prices, $ billion), 2018-22
- Table 42: Germany inflation, 2018-22
- Table 43: Germany consumer price index (absolute), 2018-22
- Table 44: Germany exchange rate, 2018-22
- Table 45: Italy aerospace & defense sector value: $ million, 2017-22
- Table 46: Italy aerospace & defense sector category segmentation: $ million, 2022
- Table 47: Italy aerospace & defense sector geography segmentation: $ million, 2022
- Table 48: Italy aerospace & defense sector value forecast: $ million, 2022-27
- Table 49: Italy size of population (million), 2018-22
- Table 50: Italy gdp (constant 2005 prices, $ billion), 2018-22
- Table 51: Italy gdp (current prices, $ billion), 2018-22
- Table 52: Italy inflation, 2018-22
- Table 53: Italy consumer price index (absolute), 2018-22
- Table 54: Italy exchange rate, 2018-22
- Table 55: Japan aerospace & defense sector value: $ million, 2017-22
- Table 56: Japan aerospace & defense sector category segmentation: $ million, 2022
- Table 57: Japan aerospace & defense sector geography segmentation: $ million, 2022
- Table 58: Japan aerospace & defense sector value forecast: $ million, 2022-27
- Table 59: Japan size of population (million), 2018-22
- Table 60: Japan gdp (constant 2005 prices, $ billion), 2018-22
- Table 61: Japan gdp (current prices, $ billion), 2018-22
- Table 62: Japan inflation, 2018-22
- Table 63: Japan consumer price index (absolute), 2018-22
- Table 64: Japan exchange rate, 2018-22
- Table 65: Australia aerospace & defense sector value: $ million, 2017-22
- Table 66: Australia aerospace & defense sector category segmentation: $ million, 2022
- Table 67: Australia aerospace & defense sector geography segmentation: $ million, 2022
- Table 68: Australia aerospace & defense sector value forecast: $ million, 2022-27
- Table 69: Australia size of population (million), 2018-22
- Table 70: Australia gdp (constant 2005 prices, $ billion), 2018-22
- Table 71: Australia gdp (current prices, $ billion), 2018-22
- Table 72: Australia inflation, 2018-22
- Table 73: Australia consumer price index (absolute), 2018-22
- Table 74: Australia exchange rate, 2018-22
- Table 75: Canada aerospace & defense sector value: $ million, 2017-22
- Table 76: Canada aerospace & defense sector category segmentation: $ million, 2022
- Table 77: Canada aerospace & defense sector geography segmentation: $ million, 2022
- Table 78: Canada aerospace & defense sector value forecast: $ million, 2022-27
- Table 79: Canada size of population (million), 2018-22
- Table 80: Canada gdp (constant 2005 prices, $ billion), 2018-22
- Table 81: Canada gdp (current prices, $ billion), 2018-22
- Table 82: Canada inflation, 2018-22
- Table 83: Canada consumer price index (absolute), 2018-22
- Table 84: Canada exchange rate, 2018-22
- Table 85: China aerospace & defense sector value: $ billion, 2017-22
- Table 86: China aerospace & defense sector category segmentation: $ billion, 2022
- Table 87: China aerospace & defense sector geography segmentation: $ billion, 2022
- Table 88: China aerospace & defense sector value forecast: $ billion, 2022-27
- Table 89: China size of population (million), 2018-22
- Table 90: China gdp (constant 2005 prices, $ billion), 2018-22
- Table 91: China gdp (current prices, $ billion), 2018-22
- Table 92: China inflation, 2018-22
- Table 93: China consumer price index (absolute), 2018-22
- Table 94: China exchange rate, 2018-22
- Table 95: Netherlands aerospace & defense sector value: $ million, 2017-22
- Table 96: Netherlands aerospace & defense sector category segmentation: $ million, 2022
- Table 97: Netherlands aerospace & defense sector geography segmentation: $ million, 2022
- Table 98: Netherlands aerospace & defense sector value forecast: $ million, 2022-27
- List of Figures
- Figure 1: Global aerospace & defense sector value: $ billion, 2017-22
- Figure 2: Global aerospace & defense sector category segmentation: % share, by value, 2022
- Figure 3: Global aerospace & defense sector geography segmentation: % share, by value, 2022
- Figure 4: Global aerospace & defense sector value forecast: $ billion, 2022-27
- Figure 5: Forces driving competition in the global aerospace & defense sector, 2022
- Figure 6: Drivers of buyer power in the global aerospace & defense sector, 2022
- Figure 7: Drivers of supplier power in the global aerospace & defense sector, 2022
- Figure 8: Factors influencing the likelihood of new entrants in the global aerospace & defense sector, 2022
- Figure 9: Factors influencing the threat of substitutes in the global aerospace & defense sector, 2022
- Figure 10: Drivers of degree of rivalry in the global aerospace & defense sector, 2022
- Figure 11: Asia-Pacific aerospace & defense sector value: $ billion, 2017-22
- Figure 12: Asia-Pacific aerospace & defense sector category segmentation: % share, by value, 2022
- Figure 13: Asia-Pacific aerospace & defense sector geography segmentation: % share, by value, 2022
- Figure 14: Asia-Pacific aerospace & defense sector value forecast: $ billion, 2022-27
- Figure 15: Forces driving competition in the aerospace & defense sector in Asia-Pacific, 2022
- Figure 16: Drivers of buyer power in the aerospace & defense sector in Asia-Pacific, 2022
- Figure 17: Drivers of supplier power in the aerospace & defense sector in Asia-Pacific, 2022
- Figure 18: Factors influencing the likelihood of new entrants in the aerospace & defense sector in Asia-Pacific, 2022
- Figure 19: Factors influencing the threat of substitutes in the aerospace & defense sector in Asia-Pacific, 2022
- Figure 20: Drivers of degree of rivalry in the aerospace & defense sector in Asia-Pacific, 2022
- Figure 21: Europe aerospace & defense sector value: $ billion, 2017-22
- Figure 22: Europe aerospace & defense sector category segmentation: % share, by value, 2022
- Figure 23: Europe aerospace & defense sector geography segmentation: % share, by value, 2022
- Figure 24: Europe aerospace & defense sector value forecast: $ billion, 2022-27
- Figure 25: Forces driving competition in the aerospace & defense sector in Europe, 2022
- Figure 26: Drivers of buyer power in the aerospace & defense sector in Europe, 2022
- Figure 27: Drivers of supplier power in the aerospace & defense sector in Europe, 2022
- Figure 28: Factors influencing the likelihood of new entrants in the aerospace & defense sector in Europe, 2022
- Figure 29: Factors influencing the threat of substitutes in the aerospace & defense sector in Europe, 2022
- Figure 30: Drivers of degree of rivalry in the aerospace & defense sector in Europe, 2022
- Figure 31: France aerospace & defense sector value: $ billion, 2017-22
- Figure 32: France aerospace & defense sector category segmentation: % share, by value, 2022
- Figure 33: France aerospace & defense sector geography segmentation: % share, by value, 2022
- Figure 34: France aerospace & defense sector value forecast: $ billion, 2022-27
- Figure 35: Forces driving competition in the aerospace & defense sector in France, 2022
- Figure 36: Drivers of buyer power in the aerospace & defense sector in France, 2022
- Figure 37: Drivers of supplier power in the aerospace & defense sector in France, 2022
- Figure 38: Factors influencing the likelihood of new entrants in the aerospace & defense sector in France, 2022
- Figure 39: Factors influencing the threat of substitutes in the aerospace & defense sector in France, 2022
- Figure 40: Drivers of degree of rivalry in the aerospace & defense sector in France, 2022
- Figure 41: Germany aerospace & defense sector value: $ billion, 2017-22
- Figure 42: Germany aerospace & defense sector category segmentation: % share, by value, 2022
- Figure 43: Germany aerospace & defense sector geography segmentation: % share, by value, 2022
- Figure 44: Germany aerospace & defense sector value forecast: $ billion, 2022-27
- Figure 45: Forces driving competition in the aerospace & defense sector in Germany, 2022
- Figure 46: Drivers of buyer power in the aerospace & defense sector in Germany, 2022
- Figure 47: Drivers of supplier power in the aerospace & defense sector in Germany, 2022
- Figure 48: Factors influencing the likelihood of new entrants in the aerospace & defense sector in Germany, 2022
- Figure 49: Factors influencing the threat of substitutes in the aerospace & defense sector in Germany, 2022
- Figure 50: Drivers of degree of rivalry in the aerospace & defense sector in Germany, 2022
- Figure 51: Italy aerospace & defense sector value: $ million, 2017-22
- Figure 52: Italy aerospace & defense sector category segmentation: % share, by value, 2022
- Figure 53: Italy aerospace & defense sector geography segmentation: % share, by value, 2022
- Figure 54: Italy aerospace & defense sector value forecast: $ million, 2022-27
- Figure 55: Forces driving competition in the aerospace & defense sector in Italy, 2022
- Figure 56: Drivers of buyer power in the aerospace & defense sector in Italy, 2022
- Figure 57: Drivers of supplier power in the aerospace & defense sector in Italy, 2022
- Figure 58: Factors influencing the likelihood of new entrants in the aerospace & defense sector in Italy, 2022
- Figure 59: Factors influencing the threat of substitutes in the aerospace & defense sector in Italy, 2022
- Figure 60: Drivers of degree of rivalry in the aerospace & defense sector in Italy, 2022
- Figure 61: Japan aerospace & defense sector value: $ million, 2017-22
- Figure 62: Japan aerospace & defense sector category segmentation: % share, by value, 2022
- Figure 63: Japan aerospace & defense sector geography segmentation: % share, by value, 2022
- Figure 64: Japan aerospace & defense sector value forecast: $ million, 2022-27
- Figure 65: Forces driving competition in the aerospace & defense sector in Japan, 2022
- Figure 66: Drivers of buyer power in the aerospace & defense sector in Japan, 2022
- Figure 67: Drivers of supplier power in the aerospace & defense sector in Japan, 2022
- Figure 68: Factors influencing the likelihood of new entrants in the aerospace & defense sector in Japan, 2022
- Figure 69: Factors influencing the threat of substitutes in the aerospace & defense sector in Japan, 2022
- Figure 70: Drivers of degree of rivalry in the aerospace & defense sector in Japan, 2022
- Figure 71: Australia aerospace & defense sector value: $ million, 2017-22
- Figure 72: Australia aerospace & defense sector category segmentation: % share, by value, 2022
- Figure 73: Australia aerospace & defense sector geography segmentation: % share, by value, 2022
- Figure 74: Australia aerospace & defense sector value forecast: $ million, 2022-27
- Figure 75: Forces driving competition in the aerospace & defense sector in Australia, 2022
- Figure 76: Drivers of buyer power in the aerospace & defense sector in Australia, 2022
- Figure 77: Drivers of supplier power in the aerospace & defense sector in Australia, 2022
- Figure 78: Factors influencing the likelihood of new entrants in the aerospace & defense sector in Australia, 2022
- Figure 79: Factors influencing the threat of substitutes in the aerospace & defense sector in Australia, 2022
- Figure 80: Drivers of degree of rivalry in the aerospace & defense sector in Australia, 2022
- Figure 81: Canada aerospace & defense sector value: $ million, 2017-22
- Figure 82: Canada aerospace & defense sector category segmentation: % share, by value, 2022
- Figure 83: Canada aerospace & defense sector geography segmentation: % share, by value, 2022
- Figure 84: Canada aerospace & defense sector value forecast: $ million, 2022-27
- Figure 85: Forces driving competition in the aerospace & defense sector in Canada, 2022
- Figure 86: Drivers of buyer power in the aerospace & defense sector in Canada, 2022
- Figure 87: Drivers of supplier power in the aerospace & defense sector in Canada, 2022
- Figure 88: Factors influencing the likelihood of new entrants in the aerospace & defense sector in Canada, 2022
- Figure 89: Factors influencing the threat of substitutes in the aerospace & defense sector in Canada, 2022
- Figure 90: Drivers of degree of rivalry in the aerospace & defense sector in Canada, 2022
Pricing
Currency Rates
Questions or Comments?
Our team has the ability to search within reports to verify it suits your needs. We can also help maximize your budget by finding sections of reports you can purchase.