Global Aerospace Market 2021 | Industry Outlook, Growth Drivers, Emerging Trends, Competitive Analysis | Top Key Players: The Boeing Company, Airbus, Lockheed Martin Corporation

The Business Research Company offers "Aerospace Global Market Report 2021: 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 aerospace market report describes and explains the global aerospace market and covers 2015 to 2020, termed the historic period, and 2020 to 2025 termed the forecast period, along with further forecasts for the period 2025-2030. The report evaluates the market across each region and for the major economies within each region.

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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. This industry also includes companies that provide modifications or conversions, repair, parts replacing, and complete overhauling and rebuilding of commercial aircraft. The types of aircraft manufactured by companies in this industry include gliders, helicopters, drones, ultra-light aircraft, passenger aircraft and private jets. The aerospace market is segmented into commercial aircraft; aircraft maintenance, repair and overhauling services and aerospace support and auxiliary equipment.

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%.

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Some of the major players of 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.

The global aerospace market is segmented -
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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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
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22.Key Mergers And Acquisitions In The Aerospace Market
23.Market Background: Aerospace And Defense Market
24.Recommendations
25.Appendix
26.Copyright And Disclaimer

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