Global Aerospace and Defense Industry Almanac - Market Summary, Competitive Analysis and Forecast to
e summary information including: market size (value 2016-20, and forecast to 2025). The profile also contains descriptions of the leading players including key financial metrics and analysis of competitive pressures within the market.
The aerospace & defense market consists of (1) the civilian aerospace market and (2) the military aerospace and defense market.
The civilian aerospace market is comprised of the revenues accrued by manufacturers from all civilian aerospace procurement.
The military aerospace and defense market is comprised of the sum of the revenues generated from (a) signed deals that remain under contract and (b) new contracts signed within a particular calendar year. This market is segmented to include military aircraft, military vehicles, naval vessels, and systems & ordnance. The military aircraft segment is comprised of aircraft engines, aviation MRO, defense helicopters, and military avionics, rote craft, satellites, UAVs and others. The military vehicles segment is comprised of armored vehicles and related MRO operations, unmanned ground vehicles, vehicle armor and others. The naval vessels segment is comprised of 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, cyber security, 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 2020 annual average exchange rates.
Forecast figures presented in this report are calculated using crisis scenarios for the market. The length of the pandemic and restrictions introduced by various countries are still difficult to predict. Many governments had introduced the national lockdowns and temporarily banned sales of products that are deemed "non-essential". As the length of the pandemic and its impact on this market is not certain, the data used in this report has been modeled taking forecast impacts on national economics into consideration.
The global aerospace & defense market had total revenues of $1,023.2bn in 2020, representing a compound annual rate of change (CARC) of -4% between 2016 and 2020.
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Leading company profiles reveal details of key aerospace & defense market players’ global operations and financial performance
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