United Kingdom (UK) Aerospace and Defense Market Summary, Competitive Analysis and Forecast to 2027

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 UK aerospace & defense market had total revenues of $9.5 billion in 2022, representing a negative compound annual growth rate (CAGR) of 4.8% between 2017 and 2022.
• The naval vessels segment accounted for the market's largest proportion in 2022, with total revenues of $3.5 billion, equivalent to 37% of the market's overall value.
• The UK has gradually increased its defense budget as part of a larger initiative to modernize and improve the platforms and equipment used by the various branches of the armed forces. As a NATO member, the UK is required to devote 2% of its annual GDP to defense.

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 Kingdom
• Use the Five Forces analysis to determine the competitive intensity and therefore attractiveness of the aerospace & defense market in the United Kingdom
• 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 Kingdom aerospace & defense market with five year forecasts

Reasons to Buy

• What was the size of the United Kingdom aerospace & defense market by value in 2022?
• What will be the size of the United Kingdom aerospace & defense market in 2027?
• What factors are affecting the strength of competition in the United Kingdom aerospace & defense market?
• How has the market performed over the last five years?
• What are the main segments that make up the United Kingdom's aerospace & defense market?