Press release
Aerospace & Defense Market 2021 Strategic Assessment- Boeing; Airbus; United Technologies; GE Aviation; Lockheed Marti
Global Aerospace & Defense Market Size and Forecast to 2021 – 2030 is a valuable source of insightful data for business strategists. It provides the industry overview with growth analysis and historical & futuristic cost, revenue, demand, and supply data. The research analysts provide a detailed description of the value chain and its distributor analysis. This Market study provides comprehend Aerospace & Defense data that enhances the understanding, scope, and application of this report.The study includes market share analysis and profiles of players such as Boeing; Airbus; United Technologies; GE Aviation; Lockheed Martin.
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The global aerospace & defense market is expected to grow from $736.36 billion in 2020 to $774.54 billion in 2021 at a compound annual growth rate (CAGR) of 5.2%. 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 $973.2 billion in 2025 at a CAGR of 6%.
Market Overview:
North America was the largest region in the global aerospace & defense market, accounting for 35% of the market in 2020. Asia Pacific was the second largest region accounting for 29% of the global aerospace & defense market. Africa was the smallest region in the global aerospace & defense market.
8K video capture technology is being integrated with drones to enhance picture and video quality captured by these aircrafts. 8K technology offers greater horizontal display resolution and offers images that show more details than standard HD. 8K cameras integrated with drones offer higher precision and provides high resolution footage in autonomous flights. For instance, Autel is offering its EVO series of drones with 8k camera.
During the historic period, developed countries experienced low interest rates as monetary authorities reduced the interest rates to stimulate economic growth and prevent deflation. This led to the flow of cheap money for investment in these economies. Low interest rates encouraged borrowing for investment and helped drive spending. For instance, in 2019, the European Central Bank decreased interest rates to -0.5% on deposits from banks to encourage lending. Major countries that had low interest rates in the historic period include the USA, Germany and Japan. The low interest rates boosted the growth of the aerospace and defense market in historic period.
Market Scope:
1) By Type: Aerospace; Defense
2) By Distribution Channel: Supermarkets/Hypermarkets; Convenience Stores; E-Commerce; Others
3) By Nature: Organic; Conventional
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Evaluate the supply-demand gaps, import-export statistics and regulatory landscape for more than top 20 countries globally for the Organic Soft Drinks market.
Region Coverage: Asia Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa
Countries Coverage: 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 study objectives of this report are:
To study and analyze the global Aerospace & Defense size (value and volume) by the company, key regions/countries, products and application, history data from 2020 to 2025, and forecast to 2030.
To understand the structure of Aerospace & Defense by identifying its various sub-segments.
To share detailed information about the key factors influencing the growth of the market (growth potential, opportunities, drivers, industry-specific challenges and risks).
Focuses on the key global Aerospace & Defense manufacturers, to define, describe and analyze the sales volume, value, market share, market competition landscape, SWOT analysis, and development plans in the next few years.
To analyze the Aerospace & Defense with respect to individual growth trends, future prospects, and their contribution to the total market.
To project the value and volume of Aerospace & Defense submarkets, with respect to key regions (along with their respective key countries).
To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.
To strategically profile the key players and comprehensively analyze their growth strategies.
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Irfan Tamboli (Head of Sales) – Market Insights Reports
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sales@marketinsightsreports.com | irfan@marketinsightsreports.com
About Us:
MarketInsightsReports provides syndicated market research on industry verticals including Healthcare, Information and Communication Technology (ICT), Technology and Media, Chemicals, Materials, Energy, Heavy Industry, etc. MarketInsightsReports provides global and regional market intelligence coverage, a 360-degree market view which includes statistical forecasts, competitive landscape, detailed segmentation, key trends, and strategic recommendations.
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