Aerospace Market Research Analysis, Competitive Insights, Demand Overview, Segments And Industry Share, 2023

The global aerospace market reached a value of nearly $342.4 billion in 2019, having increased at a compound annual growth rate (CAGR) of 3.1% since 2015. The market is expected to decrease from $342.4 billion in 2019 to $296.1 billion in 2020 at a rate of -14%. The decline is mainly due to lockdown and social distancing norms imposed by various countries and 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 6.5% from 2021 and reach $358.8 billion in 2023.

The Business Research Company offers "Aerospace Market Opportunities And Strategies – Global Forecast To 2030" 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) and related services 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.

Some of the key players involved in the aerospace market are Airbus Group, The Boeing Company, United Technologies Corporation, General Electric Company, Safran S.A.

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 Auxiliary Equipment
2) By Size: Wide-Body, Narrow-Body, Regional, Others
3) By End-User: Government, Private Sector

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A Few Points From The Table Of Content
1. Aerospace Market Executive Summary
2. Table of Contents
3. List of Figures
4. List of Tables
5. Report Structure
6. Introduction
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26. Key Mergers And Acquisitions In The Aerospace Market
27. Market Background: Aerospace & Defense Market
28. Aerospace Market Opportunities And Strategies
29. Aerospace Market, Conclusions And Recommendations
30. Appendix

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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