Key Highlights
- Market size of the aerospace & defense sector includes the sum of the revenues generated from military signed deals that remain under contract and new contracts signed within a particular calendar year.
- The Asia-Pacific aerospace & defense sector recorded revenues of $113.6 billion in 2024, representing a compound annual growth rate (CAGR) of 4.4% between 2019 and 2024.
- The systems & ordnance segment accounted for the sector's largest proportion in 2024, with total revenues of $43.7 billion, equivalent to 38.4% of the sector's overall value.
- In 2024, China accounted for 27.0% share of the Asia-Pacific aerospace & defense sector, making it the largest market in the region. It was followed by India with 23.8% and South Korea with 9.7%.
Report Scope
- Save time carrying out entry-level research by identifying the size, growth, and leading players in the aerospace & defense market in Asia-Pacific
- Use the Five Forces analysis to determine the competitive intensity and therefore attractiveness of the aerospace & defense market in Asia-Pacific
- 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 Asia-Pacific aerospace & defense market with five year forecasts
Reasons to Buy
- What was the size of the Asia-Pacific aerospace & defense market by value in 2024?
- What will be the size of the Asia-Pacific aerospace & defense market in 2029?
- What factors are affecting the strength of competition in the Asia-Pacific aerospace & defense market?
- How has the market performed over the last five years?:
Table of Contents
Companies Mentioned (Partial List)
A selection of companies mentioned in this report includes, but is not limited to:
- Korea Aerospace Industries Ltd
- Mitsubishi Heavy Industries Ltd
- Singapore Technologies Engineering Ltd
- China Aerospace Science and Industry Corp
- Hindustan Aeronautics Ltd

