The Business Research Company’s latest report Air based Defense Equipment Global Market Report 2020 covers Air based Defense Equipment market drivers, Air based Defense Equipment market trends, Air based Defense Equipment market segments, Air based Defense Equipment market growth rate, Air based Defense Equipment market major players, and Air based Defense Equipment market size. The report provides in-depth analysis of the impact of COVID-19 on the Air based Defense Equipment industry, along with revised market numbers due to the effects of the coronavirus.
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Air based Defense Equipment Global Market Report 2020 is the most comprehensive report available on this market and will help gain a truly global perspective as it covers 60 geographies. The chapter on the impact of COVID-19 gives valuable insights on supply chain disruptions, logistical challenges, and other economic implications of the virus on the market. The chapter also covers markets which have been positively affected by the pandemic.
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The global air-based defense equipment market is expected to decline from $170.3 billion in 2019 to $141.5 billion in 2020 at a compound annual growth rate (CAGR) of -17%. The decline is mainly due to 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 5% from 2021 and reach $160.5 billion in 2023.
The report covers the Air based Defense Equipment market’s segments-
1) By Type: Fighter Aircrafts, Military Helicopters, Military Gliders and Drones.
2) By Operation: Autonomous Air based Defense Equipment, Manual.
Sub Segments Covered: Conventional Take-Off And Landing Aircraft, Short Take-Off And Landing Aircraft, Vertical Take-Off And Landing Aircraft, Light Helicopters, Medium Helicopters, Heavy Helicopters, Visual Line Of Sight (VLOS), Extended Visual Line Of Sight (EVLOS), Beyond Visual Line Of Sight (BVLOS).
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