Aerospace And Defense Market | Characteristics, Forecast Size, Trends
Posted: Feb 21, 2019
The aerospace and defense market size is expected to reach $2 trillion by 2022, significantly growing at a CAGR of around 5% during the forecast period.
Aerospace And Defense Global Market Report 2019 from The Business Research Company provides strategists, marketers and senior management with the critical information they need to assess the global aerospace and defense market.
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Where is the largest and fastest growing market for aerospace and defense? How does the market relate to the overall economy, demography and other similar markets? What forces will shape the market going forward? The aerospace and defense market global report from The Business Research Company answers all these questions and many more.
The report covers the global aerospace and defense market characteristics, aerospace and defense market size and growth, aerospace and defense market segmentation, regional and country breakdowns, aerospace and defense market competitive landscape, aerospace and defense market shares, and trends and strategies for the aerospace and defense industry. It traces the market’s historic and forecast market growth by geography. It places the market within the context of the wider aerospace and defense market, and compares it with other markets.
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- Gain a truly global perspective with the most comprehensive report available on this market covering 50+ geographies.
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Major players in the global aerospace and defense market included in the report are The Boeing Company, Airbus Group, Lockheed Martin Corporation, United Technologies Corp., and General Electric Company.
3D printing for aircraft parts, block chain to shape aircraft manufacturing and aircraft health monitoring system (AHMS) for faster processes and lesser maintenance are the major trends witnessed in the global aerospace & defence market.With the expected increase in economic activity and high demand for air travel, adoption of advanced technologies, economic growth the scope and potential for the global aerospace & defence market is expected to significantly rise in the forecast period.
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