Austria 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 Austrian aerospace & defense market had total revenues of $0.2 billion in 2022, representing a negative compound annual growth rate (CAGR) of 6.8% between 2017 and 2022.
• The military aircraft segment accounted for market's the largest proportion in 2022, with total revenues of $0.1 billion, equivalent to 63.8% of the market's overall value.
• Austria’s defense budget is set to increase in the coming years, in part due to the conflict in Ukraine, which has spurred Austria to commit to spending increases, but also due to ongoing modernization efforts, with the country producing systems including helicopters and combat aircraft in the forecast period.

Scope

• Save time carrying out entry-level research by identifying the size, growth, major segments, and leading players in the aerospace & defense market in Austria
• Use the Five Forces analysis to determine the competitive intensity and therefore attractiveness of the aerospace & defense market in Austria
• 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 Austria aerospace & defense market with five year forecasts

Reasons to Buy

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