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Aerospace & Defense in the United States

Summary

Aerospace & Defense in the United States industry profile provides top-line qualitative and quantitative summary information including: market share, market size (value and volume 2017-22, and forecast to 2027). The profile also contains descriptions of the leading players including key financial metrics and analysis of competitive pressures within the market.

Key Highlights

- The market size of military aerospace and defense market includes the sum of the revenues generated from signed deals that remain under contract and new contracts signed within a particular calendar year.
- The US aerospace & defense market had total revenues of $94.1 billion in 2022, representing a negative compound annual growth rate (CAGR) of 0.9% between 2017 and 2022.
- The systems & ordnance segment accounted for market's the largest proportion in 2022, with total revenues of $39.9 billion, equivalent to 42.4% of the market's overall value.
- According to the Stockholm International Peace Research Institute, military spending will rise by 0.7% to $877 billion in 2022. The market's growth is anticipated to be accelerated by the current political tensions with China and Russia and planned purchases of advanced military equipment to replace the outdated equipment already in use.

Scope

- Save time carrying out entry-level research by identifying the size, growth, major segments, and leading players in the aerospace & defense market in the United States
- Use the Five Forces analysis to determine the competitive intensity and therefore attractiveness of the aerospace & defense market in the United States
- Leading company profiles reveal details of key aerospace & defense market players’ global operations and financial performance
- Add weight to presentations and pitches by understanding the future growth prospects of the United States aerospace & defense market with five year forecasts by both value and volume

Reasons To Buy

- What was the size of the United States aerospace & defense market by value in 2022?
- What will be the size of the United States aerospace & defense market in 2027?
- What factors are affecting the strength of competition in the United States aerospace & defense market?
- How has the market performed over the last five years?
- Who are the top competitors in the United States's aerospace & defense market?