Aerospace Market 2021 Outlook, Growth Prospects, Key Opportunities Incremental Revenue, Trends And Forecasts To 2025

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The global aerospace market is expected to grow from $298.01 billion in 2020 to $327.96 billion in 2021 at a compound annual growth rate (CAGR) of 10%. 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 $430.87 billion in 2025 at a CAGR of 7%.

The Business Research Company offers "Aerospace Global Market Report 2021" 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.

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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 overhauling services, and produce 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.

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

The countries covered in the global aerospace market 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, Vietnam.

The regions covered in the global aerospace market are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.

Aerospace Market Segmentation:
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

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A Few Points From The Table Of Content
1. Executive Summary
2.Report Structure
3.Aerospace Market Characteristics
4.Aerospace Market Product Analysis
5.Aerospace Market Supply Chain
……
21.Aerospace Market Competitive Landscape
22.Key Mergers And Acquisitions In The Aerospace Market
23.Market Background: Aerospace & Defense Market
24.Recommendations
25.Appendix
26.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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