The Global Air based Defense Equipment Market Report by The Business Research Company covers air based defense equipment market drivers and restraints, air based defense equipment market size, major players, and the impact of COVID-19 on the air based defense equipment market.
The air-based defense equipment market consists of sales of air based defense equipment by entities (organizations, sole traders and partnerships) that produce air based defense equipment including support and auxiliary equipment for air based defense such as radar, satellites, sonars and other auxiliary equipment. The air-based defense equipment market is segmented into fighter aircrafts, military helicopters and military gliders and drones.
Rapid advances in wireless technology and miniaturization (which refers to designing smaller components for equipment) is expected to drive innovation in the air-based defense market, thus driving the market during the forecast period.
The global air based defense equipment market is expected to grow from $174.85 billion in 2020 to $178.34 billion in 2021 at a compound annual growth rate (CAGR) of 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 $223.33 billion in 2025 at a CAGR of 6%.
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Some air based defense equipment market trends include usage of 3D printing technology to develop light weight structural as well as nonstructural military aircraft parts. 3D printing technology can be used to build three dimensional objects using digital models by laying successive layers of material.
Global air-based defense equipment market segments include:
1) By Type: Fighter Aircrafts, Military Helicopters, Military Gliders and Drones.
2) By Operation: Autonomous Air based Defense Equipment, Manual.
Subsegments 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).
By Geography: The market is segmented into North America, South America, Asia-Pacific, Eastern Europe, Western Europe, Middle East and Africa. Among these regions, Asia Pacific accounts for the largest global air based defense equipment market share.
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The Air based Defense Equipment Global Market Report 2021: COVID-19 Impact and Recovery to 2030 is one of a series of new reports from The Business Research Company that provides air based defense equipment market overviews, analyzes and forecasts market size, share, air based defense equipment market players, air based defense equipment market segments and geographies, market’s leading competitors’ revenues, profiles and market shares.
The air based defense equipment identifies top countries and segments for opportunities and strategies based on market trends and leading competitors’ approaches.
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Read Air based Defense Equipment Global Market Report 2021: COVID-19 Impact and Recovery to 2030 from The Business Research Company for information on the following:
Data Segmentations: Market Size, Global, By Region And By Country, Historic And Forecast Size, And Growth Rates For The World, 7 Regions And 12 Countries
Market Players Covered: The Boeing Company, Lockheed Martin, General Dynamics Corporation, Northrop Grumman, Safran Group
Regions: Asia-Pacific, China, Western Europe, Eastern Europe, North America, USA, South America, Middle East and Africa.
Countries: Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA.
Time Series: Five years historic (2015-20) and ten years forecast (2021-2025-2030)
Other Information And Analyses: SWOT analysis, customer information, market product/service analysis – product examples, trends and opportunities, drivers and restraints, key mergers and acquisitions, suggested trend based strategies, impact of COVID-19 on the market, future outlook and potential analysis, key metrics covered: number of enterprises, number of employees, global market in 2021 – countries offering most new opportunities, conclusions and recommendations by expert analysts.
Sourcing and Referencing: Data and analysis throughout the report are sourced using end notes.
Strategies For Participants In The air based defense equipment Industry: The report explains a number of strategies for companies in the market, based on industry trends and company analysis.
Opportunities For Companies In The air based defense equipment Sector: The report reveals where the global industry will put on most $ sales up to 2023.
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