Aerospace Global Market Report 2022 provides the strategists, marketers and senior management with the critical information they need to assess the global aerospace market as it emerges from the Covid 19 shut down.
The report covers market characteristics, size and growth, segmentation, regional and country breakdowns, competitive landscape, market shares, trends and strategies for this market. It traces the market’s historic and forecast market growth by geography. It places the market within the context of the wider aerospace market, and compares it with other markets.
Markets Covered:
1) By Type: Commercial Aircraft; Aircraft Maintenance, Repair and Overhauling Services; Aerospace Support and Auxiliary Equipment
2) By Size: Wide-Body; Narrow-Body; Regional; Others
3) By End-User: Government; Private Sector
4) By Operation: Autonomous Aircraft; Manual
Subsegments Covered: Passenger Aircrafts; Commercial Helicopters; Commercial Gliders and Drones; Aircraft Turbines; Aircraft Engines; Rocket Engines; Commercial Aircrafts MRO Services; Commercial Helicopters MRO Services; Commercial Gliders and Drones MRO Services; Aircraft Turbines MRO Services; Aircraft Engines MRO Services; Rocket Engines MRO Services; Commercial Radars; Satellites
Companies Mentioned: Airbus Group SE; Raytheon Technologies Corporation; The Boeing Company; General Electric Company; Safran SA
Metrics Covered: Number of Enterprises; Number of Employees
Countries: Argentina; Australia; Austria; Belgium; Brazil; Canada; Chile; China; Colombia; Czech Republic; Denmark; Egypt; Finland; France; Germany; Hong Kong; India; Indonesia; Ireland; Israel; Italy; Japan; Malaysia; Mexico; Netherlands; New Zealand; Nigeria; Norway; Peru; Philippines; Poland; Portugal; Romania; Russia; Saudi Arabia; Singapore; South Africa; South Korea; Spain; Sweden; Switzerland; Thailand; Turkey; UAE; UK; USA; Venezuela; Vietnam
Regions: Asia-Pacific; Western Europe; Eastern Europe; North America; South America; Middle East; Africa
Time series: Five years historic and ten years forecast.
Data: Ratios of market size and growth to related markets, GDP proportions, expenditure per capita, aerospace indicators comparison.
Data segmentations: country and regional historic and forecast data, market share of competitors, market segments.
Sourcing and Referencing: Data and analysis throughout the report is sourced using end notes.
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Reasons to Purchase
- Gain a truly global perspective with the most comprehensive report available on this market covering 50+ geographies.
- Understand how the market is being affected by the coronavirus and how it is likely to emerge and grow as the impact of the virus abates.
- Create regional and country strategies on the basis of local data and analysis.
- Identify growth segments for investment.
- Outperform competitors using forecast data and the drivers and trends shaping the market.
- Understand customers based on the latest market research findings.
- Benchmark performance against key competitors.
- Utilize the relationships between key data sets for superior strategizing.
- Suitable for supporting your internal and external presentations with reliable high quality data and analysis
Description:
Where is the largest and fastest growing market for the aerospace? How does the market relate to the overall economy, demography and other similar markets? What forces will shape the market going forward? The Aerospace market global report answers all these questions and many more.The report covers market characteristics, size and growth, segmentation, regional and country breakdowns, competitive landscape, market shares, trends and strategies for this market. It traces the market’s historic and forecast market growth by geography. It places the market within the context of the wider aerospace market, and compares it with other markets.
- The market characteristics section of the report defines and explains the market.
- The market size section gives the market size ($b) covering both the historic growth of the market, the impact of the Covid 19 virus and forecasting its recovery.
- Market segmentations break down market into sub markets.
- The regional and country breakdowns section gives an analysis of the market in each geography and the size of the market by geography and compares their historic and forecast growth. It covers the impact and recovery trajectory of Covid 19 for all regions, key developed countries and major emerging markets.
- Competitive landscape gives a description of the competitive nature of the market, market shares, and a description of the leading companies. Key financial deals which have shaped the market in recent years are identified.
- The trends and strategies section analyses the shape of the market as it emerges from the crisis and suggests how companies can grow as the market recovers.
- The aerospace market section of the report gives context. It compares the aerospace market with other segments of the aerospace & defense market by size and growth, historic and forecast. It analyses GDP proportion, expenditure per capita, aerospace indicators comparison.
Scope
Markets Covered:
1) By Type: Commercial Aircraft; Aircraft Maintenance, Repair and Overhauling Services; Aerospace Support and Auxiliary Equipment
2) By Size: Wide-Body; Narrow-Body; Regional; Others
3) By End-User: Government; Private Sector
4) By Operation: Autonomous Aircraft; Manual
Subsegments Covered: Passenger Aircrafts; Commercial Helicopters; Commercial Gliders and Drones; Aircraft Turbines; Aircraft Engines; Rocket Engines; Commercial Aircrafts MRO Services; Commercial Helicopters MRO Services; Commercial Gliders and Drones MRO Services; Aircraft Turbines MRO Services; Aircraft Engines MRO Services; Rocket Engines MRO Services; Commercial Radars; Satellites
Companies Mentioned: Airbus Group SE; Raytheon Technologies Corporation; The Boeing Company; General Electric Company; Safran SA
Metrics Covered: Number of Enterprises; Number of Employees
Countries: Argentina; Australia; Austria; Belgium; Brazil; Canada; Chile; China; Colombia; Czech Republic; Denmark; Egypt; Finland; France; Germany; Hong Kong; India; Indonesia; Ireland; Israel; Italy; Japan; Malaysia; Mexico; Netherlands; New Zealand; Nigeria; Norway; Peru; Philippines; Poland; Portugal; Romania; Russia; Saudi Arabia; Singapore; South Africa; South Korea; Spain; Sweden; Switzerland; Thailand; Turkey; UAE; UK; USA; Venezuela; Vietnam
Regions: Asia-Pacific; Western Europe; Eastern Europe; North America; South America; Middle East; Africa
Time series: Five years historic and ten years forecast.
Data: Ratios of market size and growth to related markets, GDP proportions, expenditure per capita, aerospace indicators comparison.
Data segmentations: country and regional historic and forecast data, market share of competitors, market segments.
Sourcing and Referencing: Data and analysis throughout the report is sourced using end notes.
This product will be delivered within 1-3 business days.
Frequently Asked Questions about the Global Aerospace Market
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Report Attribute | Details |
---|---|
No. of Pages | 400 |
Published | February 2022 |
Forecast Period | 2022 - 2026 |
Estimated Market Value ( USD | $ 271.76 billion |
Forecasted Market Value ( USD | $ 442.25 billion |
Compound Annual Growth Rate | 12.9% |
Regions Covered | Global |
Table of Contents
1. Executive Summary2. Report Structure7. Aerospace Market Trends And Strategies8. Impact Of COVID-19 On Aerospace22. Key Mergers And Acquisitions In The Aerospace Market26. Copyright And Disclaimer
3. Aerospace Market Characteristics
4. Aerospace Market Product Analysis
5. Aerospace Market Supply Chain
6. Aerospace Market Customer Information
9. Aerospace Market Size And Growth
10. Aerospace Market Regional Analysis
11. Aerospace Market Segmentation
12. Aerospace Market Segments
13. Aerospace Market Metrics
14. Asia-Pacific Aerospace Market
15. Western Europe Aerospace Market
16. Eastern Europe Aerospace Market
17. North America Aerospace Market
18. South America Aerospace Market
19. Middle East Aerospace Market
20. Africa Aerospace Market
21. Aerospace Market Competitive Landscape
23. Market Background: Aerospace & Defense Market
24. Recommendations
25. Appendix
Executive Summary
Major companies in the aerospace market include Airbus Group SE, Raytheon Technologies Corporation, The Boeing Company, General Electric Company, Safran SA, General Dynamics, Rolls-Royce Holdings plc., Northrop Grumman Corp., Bombardier Inc. and Honeywell International Inc.The global aerospace market is expected to grow from $247.61 billion in 2021 to $271.76 billion in 2022 at a compound annual growth rate (CAGR) of 9.8%. The growth is mainly due to the companies rearranging their operations and recovering from the COVID-19 impact, which had earlier led to restrictive containment measures involving social distancing, remote working, and the closure of commercial activities that resulted in operational challenges. The market is expected to reach $442.25 billion in 2026 at a CAGR of 12.9%.
The aerospace market consists of sales of aerospace equipment (including aircraft) by entities (organizations, sole traders and partnerships) that produce commercial aircraft, undertake aircraft maintenance, repair, and overhaul services, and product support and auxiliary equipment, such as radar, air traffic control towers and satellites for civilian purpose. The aerospace industry consists of companies involved in developing prototypes and the manufacturing or assembling of complete aircraft and aircraft parts for commercial purposes. This industry also includes companies that provide modifications or conversions, repair, parts replacing, and complete overhauling and rebuilding of commercial aircraft. The types of aircraft manufactured by companies in this industry include gliders, helicopters, drones, ultra-light aircraft, passenger aircraft, and private jets. The aerospace market is segmented into commercial aircraft; aircraft maintenance, repair and overhaul services, and aerospace support and auxiliary equipment.
The main types of aerospace are commercial aircraft, aircraft maintenance, repair, and overhaul services, aerospace support, and auxiliary equipment. The aircraft maintenance, repair, and overhaul services include maintaining, repairing, and overhauling commercial aircraft including helicopters, gliders, drones, aircraft turbines, aircraft engines, and rocket engines. The various sizes include wide-body, narrow-body, regional, and others that are operated through autonomous and manual mode. Aerospace is used by the government and private sector.
North America was the largest region in the aerospace market in 2021. North America is expected to be the fastest growing region in the forecast period. The regions covered in this report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa.
The overall economic growth of the emerging economies is expected to positively impact the commercial aircraft manufacturing market. Rising disposable income, a result of the economic growth, in emerging markets had a positive impact on the demand for air travel. The International Monetary Fund (IMF) stated that the global GDP growth was 5.4% in 2021. Developed economies are also expected to register stable growth during the forecast period. Additionally, emerging markets are expected to continue to grow slightly faster than the developed markets in the forecast period. Stable economic growth is expected to increase investments for the nation's security, thereby driving the aerospace market during the forecast period.
Aircraft manufacturers are using machine-learning techniques such as artificial intelligence (AI) to improve aircraft safety and quality and to improve manufacturing productivity. Machine learning algorithms collect data from machine-to-machine and machine-to-human interfaces and use data analytics to drive effective decision-making. These technologies optimize manufacturing operations and lower costs. For example, GE Aviation uses machine learning and data analytics to identify faults in engines, which increases components' lives and reduces maintenance costs. Boeing has successfully built machine-learning algorithms to design aircraft and automate factory operations.
Helicopter manufacturing companies are increasingly using parts produced with carbon fiber reinforced plastics composite (CFRP) material as this material provides higher strength to helicopter parts than conventional metal parts. CFRP materials enhance the strength lower the weight of helicopters and offer higher corrosion resistance. These properties enable helicopters to handle higher loads. Major helicopter manufacturers using CFRP materials include Airbus, Boeing and Sikorsky.
The countries covered in the aerospace market report are Argentina, Australia, Austria, Belgium, Brazil, Canada, Chile, China, Colombia, Czech Republic, Denmark, Egypt, Finland, France, Germany, Hong Kong, India, Indonesia, Ireland, Israel, Italy, Japan, Malaysia, Mexico, Netherlands, New Zealand, Nigeria, Norway, Peru, Philippines, Poland, Portugal, Romania, Russia, Saudi Arabia, Singapore, South Africa, South Korea, Spain, Sweden, Switzerland, Thailand, Turkey, UAE, UK, USA, Venezuela and Vietnam
Companies Mentioned
A selection of companies mentioned in this report includes:
- Airbus Group SE
- Raytheon Technologies Corporation
- The Boeing Company
- General Electric Company
- Safran SA
- General Dynamics
- Rolls-Royce Holdings plc.
- Northrop Grumman Corp.
- Bombardier Inc.
- Honeywell International Inc.
Methodology
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