Worldwide Aerospace Market Scope, Future Growth, Emerging Technologies And Major Players Like The Boeing Company; Airbus; Lockheed Martin Corporation And More

The Business Research Company offers " Aerospace Global Market Report 2020-30: Covid 19 Impact and Recovery " in its research report store. It is the most comprehensive report available on this market and will help gain a truly global perspective as it covers 60 geographies. The regional and country breakdowns section gives an analysis of the market in each geography and the size of the market by region and by country. It also compares the market's historic and forecast growth, and highlights important trends and strategies that players in the market can adopt.

The global aerospace market is expected to decline from $342.4 billion in 2019 to $332.3 billion in 2020 at a compound annual growth rate (CAGR) of -3%. The decline is mainly due to economic slowdown across countries owing to the COVID-19 outbreak and the measures to contain it. The market is then expected to recover and grow at a CAGR of 5% from 2021 and reach $378.5 billion in 2023.

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The aerospace market consists of sales of aerospace equipment by entities (organizations, sole traders and partnerships) that produce commercial aircraft, undertake aircraft maintenance, repair and overhauling services, produce support and auxiliary equipment, such as radar, air traffic control towers and satellites, or produce sea-based defense equipment.

Aircraft manufacturers are using machine-learning techniques such as artificial intelligence (AI) to improve safety, productivity and quality of aircrafts. 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 costs.

Aerospace Market Segmentation: -
By Type
1. Commercial Aircraft Manufacturing
2. Aircraft Maintenance, Repair and Overhauling Services
3. Aerospace Support and Auxiliary Equipment Manufacturing

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Few Points From Table Of Content
1. Executive Summary
2. Report Structure
3. Aerospace Market Characteristics
4. Aerospace Market Product Analysis
5. Aerospace Market Supply Chain
......
20. Aerospace Market Competitive Landscape
21. Key Mergers And Acquisitions In The Aerospace Market
22. Market Background: Aerospace & Defense Market
23. Recommendations
24. Appendix
25. Copyright And Disclaimer

The report covers the trends and market dynamics of the aerospace market in major countries - Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, and USA. The report also includes consumer surveys and various future opportunities for the market.

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Some of the key players involved in the aerospace market are The Boeing Company; Airbus; Lockheed Martin Corporation; General Dynamics Corporation; Northrop Grumman Corporation

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The Business Research Company has published over 1000 industry reports, covering over 2500 market segments and 60 geographies. The reports draw on 150,000 datasets, extensive secondary research, and exclusive insights from interviews with industry leaders. The reports are updated with a detailed analysis of the impact of COVID-19 on various markets after WHO declared COVID-19 as a pandemic.

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