Aerospace And Defense Market 2023 Report By Key Companies, Regional Analysis And Forecast 2032

The Business Research Company's global market reports are now updated with the latest market sizing information for the year 2023 and forecasted to 2032

As per the aerospace and defense market report by The Business Research Company, during the forecast period, developed countries will experience low interest rates as monetary authorities are reducing interest rates to stimulate economic growth and prevent deflation.

The global aerospace & defense market grew from $795.92 billion in 2022 to $855.62 billion in 2023 at a compound annual growth rate (CAGR) of 7.5%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The aerospace & defense market is expected to grow to $1076.56 billion in 2027 at a CAGR of 5.9%.

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Major competitors in the aerospace and defense market include Airbus Group SE, Raytheon Technologies Corporation, The Boeing Company, Lockheed Martin Corporation, Raytheon Co, Northrop Grumman Corp, Bae Systems plc, General Dynamics, General Electric Company, and Safran SA.

The aerospace and defense market is segmented -
• By Type: Aerospace, Defense

• By Operation: Autonomous, Manual

• By Component: Weapon System, Fire Control System, Command and Control System, Others

• By Geography: Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. North America was the largest region in the aerospace and defense market.

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Aerospace is the design and manufacture of aircraft, rockets, missiles, and spacecrafts that operate in the space. Defense equipment refers to weapons, arms and equipment that are used for military purposes.

The Table Of Content For The Aerospace And Defense Market Include:
1. Executive Summary
2. Report Structure
3. Aerospace & Defense Market Characteristics
4. Aerospace & Defense Market Product Analysis
5. Aerospace & Defense Market Supply Chain
……
21. Aerospace & Defense Market Competitive Landscape
22. Key Mergers And Acquisitions In The Aerospace & Defense Market
23. Recommendations
24. Appendix
25. Copyright And Disclaimer

The "Global Aerospace And Defense Market Report 2023" from The Business Research Company is a comprehensive report that covers every facet of a market covering over 60 geographies and over 2500 market segments. The regional and country breakdowns section analyzes the market in each geography and the market size by region and country. Furthermore, it assesses the market's historical and projected growth and identifies significant trends and strategies that companies can leverage for business expansion.

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