The Aerospace Global Market Report 2020-30 by The Business Research Company 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.
The Aerospace Global Market Report 2021 covers aerospace market drivers, aerospace market trends, aerospace market segments, aerospace market growth rate, aerospace market major players, and aerospace market size.
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The aerospace market report provides an in-depth analysis of the impact of COVID-19 on the global aerospace industry, along with revised market numbers due to the effects of the coronavirus and the expected aerospace market growth numbers 2021-2030.
Aerospace Global Market Report 2021 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 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 market is then expected to recover and grow at a CAGR of 6.5% from 2021 and reach $358.8 billion in 2023.
The report covers the aerospace market’s segments-
By Type –
- a) Commercial Aircrafts: i. Passenger Aircrafts, ii. Aircraft Engines, iii. Commercial Helicopters, iv. Aircraft Turbines, v. Commercial Gliders And Drones, vi. Rocket Engines
- b) Aircraft Maintenance, Repair And Overhauling Services: i. Commercial Aircrafts MRO Services, ii. Aircraft Engines MRO Services, iii. Commercial Helicopters MRO Services, iv. Rocket Engines MRO Services, v. Aircraft Turbines MRO Services, vi. Commercial Gliders And Drones MRO Services
By Size – a) Wide-Body, b) Narrow-Body, c) Regional, d) Others
By End-User – a) Government, b) Private Sector
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