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South Korea Aerospace and Defense Market Summary, Competitive Analysis and Forecast, 2017-2026

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    Report

  • 60 Pages
  • November 2022
  • Region: South Korea
  • MarketLine
  • ID: 5714792
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Aerospace & Defense in South Korea industry profile provides top-line qualitative and quantitative summary information including: market share, market size (value and volume 2017-21, and forecast to 2026). The profile also contains descriptions of the leading players including key financial metrics and analysis of competitive pressures within the market.

Key Highlights

  • The aerospace & defense market consists of the military aerospace and defense market.
  • The South Korean aerospace & defense market had total revenues of $8.8bn in 2021, representing a compound annual rate of change (CARC) of -14.6% between 2016 and 2021.
  • The Systems & Ordnance segment was the market's most lucrative in 2021, with total revenues of $4.9bn, equivalent to 55.3% of the market's overall value.
  • The value of the South Korean aerospace & defense market grew by 5.3% in 2021.

Scope

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

Reasons to Buy

  • What was the size of the South Korea aerospace & defense market by value in 2021?
  • What will be the size of the South Korea aerospace & defense market in 2026?
  • What factors are affecting the strength of competition in the South Korea aerospace & defense market?
  • How has the market performed over the last five years?
  • Who are the top competitors in South Korea's aerospace & defense market?
Frequently Asked Questions about the South Korean Aerospace and Defense Market

What is the estimated value of the South Korean Aerospace and Defense Market?

The South Korean Aerospace and Defense Market was estimated to be valued at $8.8 Billion in 2021.

What is the growth rate of the South Korean Aerospace and Defense Market?

The growth rate of the South Korean Aerospace and Defense Market is 2.3%, with an estimated value of $9.86 Billion by 2026.

What is the forecasted size of the South Korean Aerospace and Defense Market?

The South Korean Aerospace and Defense Market is estimated to be worth $9.86 Billion by 2026.

Who are the key companies in the South Korean Aerospace and Defense Market?

Key companies in the South Korean Aerospace and Defense Market include Korea Aerospace Industries Ltd, Northrop Grumman Corporation, Lockheed Martin Corp, Hanwha Techwin Co Ltd and The Boeing Company.

Table of Contents

1 Executive Summary
1.1. Market value
1.2. Market value forecast
1.3. Category segmentation
1.4. Geography segmentation
1.5. Market rivalry
1.6. Competitive Landscape

2 Market Overview
2.1. Market definition
2.2. Market analysis

3 Market Data
3.1. Market value

4 Market Segmentation
4.1. Category segmentation
4.2. Geography segmentation

5 Market Outlook
5.1. Market value forecast

6 Five Forces Analysis
6.1. Summary
6.2. Buyer power
6.3. Supplier power
6.4. New entrants
6.5. Threat of substitutes
6.6. Degree of rivalry

7 Competitive Landscape
7.1. Who are the leading players?
7.2. What strategies do the leading players follow?
7.3. What are the most notable recent deals in this market?

8 Company Profiles
8.1. Korea Aerospace Industries Ltd
8.2. Northrop Grumman Corporation
8.3. Lockheed Martin Corp
8.4. Hanwha Techwin Co Ltd
8.5. Hanjin Heavy Industries & Construction Co., Ltd.
8.6. The Boeing Company

9 Macroeconomic Indicators
9.1. Country data

10 Appendix
10.1. Methodology
10.2. Industry associations
10.3. Related Research
10.4. About the Publisher

List of Tables
Table 1: South Korea aerospace & defense sector value: $ million, 2016-21
Table 2: South Korea aerospace & defense sector category segmentation: $ million, 2021
Table 3: South Korea aerospace & defense sector geography segmentation: $ million, 2021
Table 4: South Korea aerospace & defense sector value forecast: $ million, 2021-26
Table 5: Korea Aerospace Industries Ltd: key facts
Table 6: Korea Aerospace Industries Ltd: Annual Financial Ratios
Table 7: Korea Aerospace Industries Ltd: Key Employees
Table 8: Northrop Grumman Corporation: key facts
Table 9: Northrop Grumman Corporation: Annual Financial Ratios
Table 10: Northrop Grumman Corporation: Key Employees
Table 11: Northrop Grumman Corporation: Key Employees Continued
Table 12: Lockheed Martin Corp: key facts
Table 13: Lockheed Martin Corp: Annual Financial Ratios
Table 14: Lockheed Martin Corp: Key Employees
Table 15: Lockheed Martin Corp: Key Employees Continued
Table 16: Hanwha Techwin Co Ltd: key facts
Table 17: Hanwha Techwin Co Ltd: Key Employees
Table 18: Hanjin Heavy Industries & Construction Co., Ltd.: key facts
Table 19: Hanjin Heavy Industries & Construction Co., Ltd.: Annual Financial Ratios
Table 20: Hanjin Heavy Industries & Construction Co., Ltd.: Key Employees
Table 21: The Boeing Company: key facts
Table 22: The Boeing Company: Annual Financial Ratios
Table 23: The Boeing Company: Key Employees
Table 24: The Boeing Company: Key Employees Continued
Table 25: The Boeing Company: Key Employees Continued
Table 26: The Boeing Company: Key Employees Continued
Table 27: South Korea size of population (million), 2017-21
Table 28: South Korea gdp (constant 2005 prices, $ billion), 2017-21
Table 29: South Korea gdp (current prices, $ billion), 2017-21
Table 30: South Korea inflation, 2017-21
Table 31: South Korea consumer price index (absolute), 2017-21
Table 32: South Korea exchange rate, 2017-21

List of Figures
Figure 1: South Korea aerospace & defense sector value: $ million, 2016-21
Figure 2: South Korea aerospace & defense sector category segmentation: % share, by value, 2021
Figure 3: South Korea aerospace & defense sector geography segmentation: % share, by value, 2021
Figure 4: South Korea aerospace & defense sector value forecast: $ million, 2021-26
Figure 5: Forces driving competition in the aerospace & defense sector in South Korea, 2021
Figure 6: Drivers of buyer power in the aerospace & defense sector in South Korea, 2021
Figure 7: Drivers of supplier power in the aerospace & defense sector in South Korea, 2021
Figure 8: Factors influencing the likelihood of new entrants in the aerospace & defense sector in South Korea, 2021
Figure 9: Factors influencing the threat of substitutes in the aerospace & defense sector in South Korea, 2021
Figure 10: Drivers of degree of rivalry in the aerospace & defense sector in South Korea, 2021

Companies Mentioned

A selection of companies mentioned in this report includes:

  • Korea Aerospace Industries Ltd
  • Northrop Grumman Corporation
  • Lockheed Martin Corp
  • Hanwha Techwin Co Ltd
  • Hanjin Heavy Industries & Construction Co., Ltd.
  • The Boeing Company