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Aerospace Global Market Report 2022, By Type, Size, End-User, Operation

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    Report

  • 400 Pages
  • February 2022
  • Region: Global
  • The Business Research Company
  • ID: 5550182
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.



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.


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Frequently Asked Questions about the Global Aerospace Market

What is the estimated value of the Global Aerospace Market?

The Global Aerospace Market was estimated to be valued at $271.76 billion in 2022.

What is the growth rate of the Global Aerospace Market?

The growth rate of the Global Aerospace Market is 12.9%, with an estimated value of $442.25 billion by 2026.

What is the forecasted size of the Global Aerospace Market?

The Global Aerospace Market is estimated to be worth $442.25 billion by 2026.

Who are the key companies in the Global Aerospace Market?

Key companies in the Global Aerospace Market include Airbus Group SE, Raytheon Technologies Corporation, The Boeing Company, General Electric Company, Safran SA, General Dynamics, Rolls, Royce Holdings plc. and Bombardier Inc..

Table of Contents

1. Executive Summary2. Report Structure
3. Aerospace Market Characteristics
3.1. Market Definition
3.2. Key Segmentations
4. Aerospace Market Product Analysis
4.1. Leading Products/ Services
4.2. Key Features and Differentiators
4.3. Development Products
5. Aerospace Market Supply Chain
5.1. Supply Chain
5.2. Distribution
5.3. End Customers
6. Aerospace Market Customer Information
6.1. Customer Preferences
6.2. End User Market Size and Growth
7. Aerospace Market Trends And Strategies8. Impact Of COVID-19 On Aerospace
9. Aerospace Market Size And Growth
9.1. Market Size
9.2. Historic Market Growth, Value ($ Billion)
9.2.1. Drivers Of The Market
9.2.2. Restraints On The Market
9.3. Forecast Market Growth, Value ($ Billion)
9.3.1. Drivers Of The Market
9.3.2. Restraints On The Market
10. Aerospace Market Regional Analysis
10.1. Global Aerospace Market, 2021, By Region, Value ($ Billion)
10.2. Global Aerospace Market, 2016-2021, 2021-2026F, 2031F, Historic And Forecast, By Region
10.3. Global Aerospace Market, Growth And Market Share Comparison, By Region
11. Aerospace Market Segmentation
11.1. Global Aerospace Market, Segmentation By Type, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
  • Commercial Aircraft
  • Aircraft Maintenance, Repair and Overhauling Services
  • Aerospace Support and Auxiliary Equipment
11.2. Global Aerospace Market, Segmentation By Size, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
  • Wide-Body
  • Narrow-Body
  • Regional
  • Others
11.3. Global Aerospace Market, Segmentation By End-User, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
  • Government
  • Private Sector
11.4. Global Aerospace Market, Segmentation By Operation, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
  • Autonomous Aircraft
  • Manual

12. Aerospace Market Segments
12.1. Global Commercial Aircraft Market, Segmentation By Type, 2016-2021, 2021-2026F, 2031F, Value ($ Billion) - Passenger Aircrafts; Commercial Helicopters; Commercial Gliders and Drones; Aircraft Turbines; Aircraft Engines; Rocket Engines
12.2. Global Aircraft Maintenance, Repair and Overhauling Services Market, Segmentation By Type, 2016-2021, 2021-2026F, 2031F, Value ($ Billion) - 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
12.3. Global Aerospace Support and Auxiliary Equipment Market, Segmentation By Type, 2016-2021, 2021-2026F, 2031F, Value ($ Billion) - Commercial Radars; Satellites
13. Aerospace Market Metrics
13.1. Aerospace Market Size, Percentage Of GDP, 2016-2026, Global
13.2. Per Capita Average Aerospace Market Expenditure, 2016-2026, Global
14. Asia-Pacific Aerospace Market
14.1. Asia-Pacific Aerospace Market Overview
  • Region Information, Impact Of COVID-19, Market Information, Background Information, Government Initiatives, Regulations, Regulatory Bodies, Major Associations, Taxes Levied, Corporate Tax Structure, Investments, Major Companies
14.2. Asia-Pacific, Aerospace Market, 2021, By Country, Value ($ Billion)
14.3. Asia-Pacific, Aerospace Market, 2016-2021, 2021-2026F, 2031F, Historic And Forecast, By Country
14.4. Asia-Pacific, Aerospace Market, 2016-2021, 2021-2026F, 2031F, Growth And Market Share Comparison, By Country
14.5. Asia-Pacific, Aerospace Market Metrics
14.5.1. Aerospace Market Size, Percentage Of GDP, 2016-2026, Asia-Pacific Countries
14.5.2. Number of Enterprises, Aerospace Market, Aerospace Market/Number of Enterprises, 2021, Asia-Pacific Countries
14.5.3. Number of Employees, Aerospace Market, Aerospace Market/Number of Employees, 2021, Asia-Pacific Countries
14.6. Asia-Pacific Aerospace Market, Segmentation By Type, 2016-2021, 2021-2026F, 2031F, Value ($ Billion)
14.7. Asia-Pacific Aerospace Market: Country Analysis
14.7.1. China Aerospace Market
14.7.1.1. China Aerospace Market Overview
14.7.1.2. China Aerospace Market, Segmentation By Type, 2016-2021, 2021-2026F, 2031F, Value ($ Billion)
14.7.2. Australia Aerospace Market
14.7.2.1. Australia Aerospace Market, Segmentation By Type, 2016-2021, 2021-2026F, 2031F, Value ($ Billion)
14.7.3. Hong Kong Aerospace Market
14.7.3.1. Hong Kong Aerospace Market, Segmentation By Type, 2016-2021, 2021-2026F, 2031F, Value ($ Billion)
14.7.4. India Aerospace Market
14.7.4.1. India Aerospace Market, Segmentation By Type, 2016-2021, 2021-2026F, 2031F, Value ($ Billion)
14.7.5. Indonesia Aerospace Market
14.7.5.1. Indonesia Aerospace Market, Segmentation By Type, 2016-2021, 2021-2026F, 2031F, Value ($ Billion)
14.7.6. Japan Aerospace Market
14.7.6.1. Japan Aerospace Market, Segmentation By Type, 2016-2021, 2021-2026F, 2031F, Value ($ Billion)
14.7.7. Malaysia Aerospace Market
14.7.7.1. Malaysia Aerospace Market, Segmentation By Type, 2016-2021, 2021-2026F, 2031F, Value ($ Billion)
14.7.8. New Zealand Aerospace Market
14.7.8.1. New Zealand Aerospace Market, Segmentation By Type, 2016-2021, 2021-2026F, 2031F, Value ($ Billion)
14.7.9. Philippines Aerospace Market
14.7.9.1. Philippines Aerospace Market, Segmentation By Type, 2016-2021, 2021-2026F, 2031F, Value ($ Billion)
14.7.10. Singapore Aerospace Market
14.7.10.1. Singapore Aerospace Market, Segmentation By Type, 2016-2021, 2021-2026F, 2031F, Value ($ Billion)
14.7.11. South Korea Aerospace Market
14.7.11.1. South Korea Aerospace Market, Segmentation By Type, 2016-2021, 2021-2026F, 2031F, Value ($ Billion)
14.7.12. Thailand Aerospace Market
14.7.12.1. Thailand Aerospace Market, Segmentation By Type, 2016-2021, 2021-2026F, 2031F, Value ($ Billion)
14.7.13. Vietnam Aerospace Market
14.7.13.1. Vietnam Aerospace Market, Segmentation By Type, 2016-2021, 2021-2026F, 2031F, Value ($ Billion)
15. Western Europe Aerospace Market
15.1. Western Europe Aerospace Market Overview
15.2. Western Europe, Aerospace Market, 2021, By Country, Value ($ Billion)
15.3. Western Europe, Aerospace Market, 2016-2021, 2021-2026F, 2031F, Historic And Forecast, By Country
15.4. Western Europe, Aerospace Market, 2016-2021, 2021-2026F, 2031F, Growth And Market Share Comparison, By Country
15.5. Western Europe, Aerospace Market Metrics
15.5.1. Aerospace Market Size, Percentage Of GDP, 2016-2026, Western Europe Countries
15.5.2. Number of Enterprises, Aerospace Market, Aerospace Market/Number of Enterprises, 2021, Western Europe Countries
15.5.3. Number of Employees, Aerospace Market, Aerospace Market/Number of Employees, 2021, Western Europe Countries
15.6. Western Europe Aerospace Market, Segmentation By Type, 2016-2021, 2021-2026F, 2031F, Value ($ Billion)
15.7. Western Europe Aerospace Market: Country Analysis
15.7.1. Austria Aerospace Market
15.7.1.1. Austria Aerospace Market, Segmentation By Type, 2016-2021, 2021-2026F, 2031F, Value ($ Billion)
15.7.2. Belgium Aerospace Market
15.7.2.1. Belgium Aerospace Market, Segmentation By Type, 2016-2021, 2021-2026F, 2031F, Value ($ Billion)
15.7.3. Denmark Aerospace Market
15.7.3.1. Denmark Aerospace Market, Segmentation By Type, 2016-2021, 2021-2026F, 2031F, Value ($ Billion)
15.7.4. Finland Aerospace Market
15.7.4.1. Finland Aerospace Market, Segmentation By Type, 2016-2021, 2021-2026F, 2031F, Value ($ Billion)
15.7.5. France Aerospace Market
15.7.5.1. France Aerospace Market, Segmentation By Type, 2016-2021, 2021-2026F, 2031F, Value ($ Billion)
15.7.6. Germany Aerospace Market
15.7.6.1. Germany Aerospace Market, Segmentation By Type, 2016-2021, 2021-2026F, 2031F, Value ($ Billion)
15.7.7. Ireland Aerospace Market
15.7.7.1. Ireland Aerospace Market, Segmentation By Type, 2016-2021, 2021-2026F, 2031F, Value ($ Billion)
15.7.8. Italy Aerospace Market
15.7.8.1. Italy Aerospace Market, Segmentation By Type, 2016-2021, 2021-2026F, 2031F, Value ($ Billion)
15.7.9. Netherlands Aerospace Market
15.7.9.1. Netherlands Aerospace Market, Segmentation By Type, 2016-2021, 2021-2026F, 2031F, Value ($ Billion)
15.7.10. Norway Aerospace Market
15.7.10.1. Norway Aerospace Market, Segmentation By Type, 2016-2021, 2021-2026F, 2031F, Value ($ Billion)
15.7.11. Portugal Aerospace Market
15.7.11.1. Portugal Aerospace Market, Segmentation By Type, 2016-2021, 2021-2026F, 2031F, Value ($ Billion)
15.7.12. Spain Aerospace Market
15.7.12.1. Spain Aerospace Market, Segmentation By Type, 2016-2021, 2021-2026F, 2031F, Value ($ Billion)
15.7.13. Sweden Aerospace Market
15.7.13.1. Sweden Aerospace Market, Segmentation By Type, 2016-2021, 2021-2026F, 2031F, Value ($ Billion)
15.7.14. Switzerland Aerospace Market
15.7.14.1. Switzerland Aerospace Market, Segmentation By Type, 2016-2021, 2021-2026F, 2031F, Value ($ Billion)
15.7.15. UK Aerospace Market
15.7.15.1. UK Aerospace Market, Segmentation By Type, 2016-2021, 2021-2026F, 2031F, Value ($ Billion)
16. Eastern Europe Aerospace Market
16.1. Eastern Europe Aerospace Market Overview
16.2. Eastern Europe, Aerospace Market, 2021, By Country, Value ($ Billion)
16.3. Eastern Europe, Aerospace Market, 2016-2021, 2021-2026F, 2031F, Historic And Forecast, By Country
16.4. Eastern Europe, Aerospace Market, 2016-2021, 2021-2026F, 2031F, Growth And Market Share Comparison, By Country
16.5. Eastern Europe, Aerospace Market Metrics
16.5.1. Aerospace Market Size, Percentage Of GDP, 2016-2026, Eastern Europe Countries
16.5.2. Number of Enterprises, Aerospace Market, Aerospace Market/Number of Enterprises, 2021, Eastern Europe Countries
16.5.3. Number of Employees, Aerospace Market, Aerospace Market/Number of Employees, 2021, Eastern Europe Countries
16.6. Eastern Europe Aerospace Market, Segmentation By Type, 2016-2021, 2021-2026F, 2031F, Value ($ Billion)
16.7. Eastern Europe Aerospace Market: Country Analysis
16.7.1. Czech Republic Aerospace Market,
16.7.1.1. Czech Republic Aerospace Market, Segmentation By Type, 2016-2021, 2021-2026F, 2031F, Value ($ Billion)
16.7.2. Poland Aerospace Market
16.7.2.1. Poland Aerospace Market, Segmentation By Type, 2016-2021, 2021-2026F, 2031F, Value ($ Billion)
16.7.3. Romania Aerospace Market
16.7.3.1. Romania Aerospace Market, Segmentation By Type, 2016-2021, 2021-2026F, 2031F, Value ($ Billion)
16.7.4. Russia Aerospace Market
16.7.4.1. Russia Aerospace Market, Segmentation By Type, 2016-2021, 2021-2026F, 2031F, Value ($ Billion)
17. North America Aerospace Market
17.1. North America Aerospace Market Overview
17.2. North America, Aerospace Market, 2021, By Country, Value ($ Billion)
17.3. North America, Aerospace Market, 2016-2021, 2021-2026F, 2031F, Historic And Forecast, By Country
17.4. North America, Aerospace Market, 2016-2021, 2021-2026F, 2031F, Growth And Market Share Comparison, By Country
17.5. North America, Aerospace Market Metrics
17.5.1. Aerospace Market Size, Percentage Of GDP, 2016-2026, North America Countries
17.5.2. Number of Enterprises, Aerospace Market, Aerospace Market/Number of Enterprises, 2021, North America Countries
17.5.3. Number of Employees, Aerospace Market, Aerospace Market/Number of Employees, 2021, North America Countries
17.6. North America Aerospace Market, Segmentation By Type, 2016-2021, 2021-2026F, 2031F, Value ($ Billion)
17.7. North America Aerospace Market: Country Analysis
17.7.1. Canada Aerospace Market
17.7.1.1. Canada Aerospace Market, Segmentation By Type, 2016-2021, 2021-2026F, 2031F, Value ($ Billion)
17.7.2. Mexico Aerospace Market
17.7.2.1. Mexico Aerospace Market, Segmentation By Type, 2016-2021, 2021-2026F, 2031F, Value ($ Billion)
17.7.3. USA Aerospace Market
17.7.3.1. USA Aerospace Market Overview
17.7.3.2. USA Aerospace Market, Segmentation By Type, 2016-2021, 2021-2026F, 2031F, Value ($ Billion)
18. South America Aerospace Market
18.1. South America Aerospace Market Overview
18.2. South America, Aerospace Market, 2021, By Country, Value ($ Billion)
18.3. South America, Aerospace Market, 2016-2021, 2021-2026F, 2031F, Historic And Forecast, By Country
18.4. South America, Aerospace Market, 2016-2021, 2021-2026F, 2031F, Growth And Market Share Comparison, By Country
18.5. South America, Aerospace Market Metrics
18.5.1. Aerospace Market Size, Percentage Of GDP, 2016-2026, South America Countries
18.5.2. Number of Enterprises, Aerospace Market, Aerospace Market/Number of Enterprises, 2021, South America Countries
18.5.3. Number of Employees, Aerospace Market, Aerospace Market/Number of Employees, 2021, South America Countries
18.6. South America Aerospace Market, Segmentation By Type, 2016-2021, 2021-2026F, 2031F, Value ($ Billion)
18.7. South America Aerospace Market: Country Analysis
18.7.1. Argentina Aerospace Market
18.7.1.1. Argentina Aerospace Market, Segmentation By Type, 2016-2021, 2021-2026F, 2031F, Value ($ Billion)
18.7.2. Brazil Aerospace Market
18.7.2.1. Brazil Aerospace Market, Segmentation By Type, 2016-2021, 2021-2026F, 2031F, Value ($ Billion)
18.7.3. Chile Aerospace Market
18.7.3.1. Chile Aerospace Market, Segmentation By Type, 2016-2021, 2021-2026F, 2031F, Value ($ Billion)
18.7.4. Colombia Aerospace Market
18.7.4.1. Colombia Aerospace Market, Segmentation By Type, 2016-2021, 2021-2026F, 2031F, Value ($ Billion)
18.7.5. Peru Aerospace Market
18.7.5.1. Peru Aerospace Market, Segmentation By Type, 2016-2021, 2021-2026F, 2031F, Value ($ Billion)
18.7.6. Venezuela Aerospace Market
18.7.6.1. Venezuela Aerospace Market, Segmentation By Type, 2016-2021, 2021-2026F, 2031F, Value ($ Billion)
19. Middle East Aerospace Market
19.1. Middle East Aerospace Market Overview
19.2. Middle East, Aerospace Market, 2021, By Country, Value ($ Billion)
19.3. Middle East, Aerospace Market, 2016-2021, 2021-2026F, 2031F, Historic And Forecast, By Country
19.4. Middle East, Aerospace Market, 2016-2021, 2021-2026F, 2031F, Growth And Market Share Comparison, By Country
19.5. Middle East, Aerospace Market Metrics
19.5.1. Aerospace Market Size, Percentage Of GDP, 2016-2026, Middle East Countries
19.5.2. Number of Enterprises, Aerospace Market, Aerospace Market/Number of Enterprises, 2021, Middle East Countries
19.5.3. Number of Employees, Aerospace Market, Aerospace Market/Number of Employees, 2021, Middle East Countries
19.6. Middle East Aerospace Market, Segmentation By Type, 2016-2021, 2021-2026F, 2031F, Value ($ Billion)
19.7. Middle East Aerospace Market: Country Analysis
19.7.1. Saudi Arabia Aerospace Market
19.7.1.1. Saudi Arabia Aerospace Market, Segmentation By Type, 2016-2021, 2021-2026F, 2031F, Value ($ Billion)
19.7.2. Israel Aerospace Market
19.7.2.1. Israel Aerospace Market, Segmentation By Type, 2016-2021, 2021-2026F, 2031F, Value ($ Billion)
19.7.3. Turkey Aerospace Market
19.7.3.1. Turkey Aerospace Market, Segmentation By Type, 2016-2021, 2021-2026F, 2031F, Value ($ Billion)
19.7.4. UAE Aerospace Market
19.7.4.1. UAE Aerospace Market, Segmentation By Type, 2016-2021, 2021-2026F, 2031F, Value ($ Billion)
20. Africa Aerospace Market
20.1. Africa Aerospace Market Overview
20.2. Africa, Aerospace Market, 2021, By Country, Value ($ Billion)
20.3. Africa, Aerospace Market, 2016-2021, 2021-2026F, 2031F, Historic And Forecast, By Country
20.4. Africa, Aerospace Market, 2016-2021, 2021-2026F, 2031F, Growth And Market Share Comparison, By Country
20.5. Africa, Aerospace Market Metrics
20.5.1. Aerospace Market Size, Percentage Of GDP, 2016-2026, Africa Countries
20.5.2. Number of Enterprises, Aerospace Market, Aerospace Market/Number of Enterprises, 2021, Africa Countries
20.5.3. Number of Employees, Aerospace Market, Aerospace Market/Number of Employees, 2021, Africa Countries
20.6. Africa Aerospace Market, Segmentation By Type, 2016-2021, 2021-2026F, 2031F, Value ($ Billion)
20.7. Africa Aerospace Market: Country Analysis
20.7.1. Egypt Aerospace Market
20.7.1.1. Egypt Aerospace Market, Segmentation By Type, 2016-2021, 2021-2026F, 2031F, Value ($ Billion)
20.7.2. Nigeria Aerospace Market
20.7.2.1. Nigeria Aerospace Market, Segmentation By Type, 2016-2021, 2021-2026F, 2031F, Value ($ Billion)
20.7.3. South Africa Aerospace Market
20.7.3.1. South Africa Aerospace Market, Segmentation By Type, 2016-2021, 2021-2026F, 2031F, Value ($ Billion)
21. Aerospace Market Competitive Landscape
21.1. Competitive Market Overview
21.2. Market Shares
21.3. Company Profiles
21.3.1. Airbus Group SE
21.3.1.1. Company Overview
21.3.1.2. Products And Services
21.3.1.3. Strategy
21.3.1.4. Financial Performance
21.3.2. Raytheon Technologies Corporation
21.3.2.1. Company Overview
21.3.2.2. Products And Services
21.3.2.3. Strategy
21.3.2.4. Financial Performance
21.3.3. The Boeing Company
21.3.3.1. Company Overview
21.3.3.2. Products And Services
21.3.3.3. Strategy
21.3.3.4. Financial Performance
21.3.4. General Electric Company
21.3.4.1. Company Overview
21.3.4.2. Products And Services
21.3.4.3. Strategy
21.3.4.4. Financial Performance
21.3.5. Safran SA
21.3.5.1. Company Overview
21.3.5.2. Products And Services
21.3.5.3. Strategy
21.3.5.4. Financial Performance
22. Key Mergers And Acquisitions In The Aerospace Market
23. Market Background: Aerospace & Defense Market
23.1. Aerospace & Defense Market Characteristics
23.2. Aerospace & Defense Market Historic and Forecast, 2016-2021, 2021-2026F, 2031F, Growth, By Segment, Value ($ Billion), Global
23.3. Global Aerospace & Defense Market, 2021, By Region, Value ($ Billion)
23.4. Global Aerospace & Defense Market, 2016-2021, 2021-2026F, 2031F, Historic And Forecast, By Region
23.5. Global Aerospace & Defense Market, 2016-2021, 2021-2026F, 2031F, Segmentation By Type, Value ($ Billion)
24. Recommendations
24.1. Global Aerospace Market In 2025- Growth Countries
24.2. Global Aerospace Market In 2025- Growth Segments
24.3. Global Aerospace Market In 2025- Growth Strategies
25. Appendix
25.1. NAICS Definitions Of Industry Covered In This Report
25.2. Abbreviations
25.3. Currencies
25.4. Research Inquiries
25.5. About The Publisher
26. Copyright And Disclaimer

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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