Global Aircraft Manufacturing Market, Historic and Forecast Market Growth Rates Split By Segments, By Percentage

LONDON, GREATER LONDON, UK, February 27, 2019 /EINPresswire.com/ -- Military airplanes manufacturing, which was the second largest segment in the global aircraft manufacturing market at about 30% of the total in 2017, will gain a little over $26 billion in global annual sales to 2021, Aircraft & Components Manufacturing & Repair Services Global Market report from The Business Research Company shows. Increased funding for the defense sector in response to geopolitical tensions will drive the military airplanes manufacturing segment to grow at an annual rate of nearly 7% to 2021, the third highest after the civil and military drones manufacturing and civil airplanes manufacturing segments.

Governments of many countries are increasing their budgets for defense to improve their ability to respond to international crises and include technologically advanced equipment across categories such as ammunition, aircraft and helicopters, to be prepared for an emergency. For example, the US Senate voted to allocate $715 billion as its defense budget for the year 2019, which is an increase of $82 billion from the 2017 defense budget. The US market for aircraft and aircraft component manufacturing and repairs & maintenance is also expected to put on the most gain in annual sales to 2021, at around $76 billion.

In South Asia, the growth of geopolitical tensions among three powers, India, Pakistan and China have resulted in the increased defense spending of these countries. India’s substantial rise in defense spending is supported by the need for modernization of its military forces’ equipment, keeping pace with China’s rapidly growing military investments. The increasing military budgets of India, China and Pakistan directly increase the supply numbers of military aircraft to their respective defense forces such as the Air Force, Navy and National Army and others.

Aircraft & Components Manufacturing & Repair Services Global Market report is one of a series of new reports from The Business Research Company that provide market overviews, analyze and forecast market size and growth for the whole market, segments and geographies, trends, drivers, restraints, leading competitors’ revenues, profiles and market shares in over 300 industry reports, covering over 2400 market segments and 56 geographies. The reports draw on 150,000 datasets, extensive secondary research, and exclusive insights from interviews with industry leaders. A highly experienced and expert team of analysts and modellers provides market analysis and forecasts. The reports identify top countries and segments for opportunities and strategies based on market trends and leading competitors’ approaches.

Where To Learn More
Read Aircraft And Aircraft Components Manufacturing And Repair Services Global Market Opportunities And Strategies from The Business Research Company for information on the following:
Global Markets For Aircraft Manufacturing Covered: Global aerospace & defense market, aircraft manufacturing market, civil and military helicopters, civil airplanes, military airplanes, civil and military gliders, civil and military drones; aircraft parts manufacturing, repair & maintenance market, civil aircraft maintenance, repair, & overhaul (MRO), military aircraft maintenance, repair, & overhaul (MRO), aircraft engine & engine parts manufacturing, other aircraft parts manufacturing.
Data Segmentations: aircraft manufacturing market size and aircraft parts manufacturing and repair & maintenance market size, global and by country; aircraft manufacturing forecast and historic size, aircraft parts manufacturing and repair & maintenance historic and forecast size; growth rates for the world, 7 regions and 12 countries; by product segments – aircraft manufacturing market (civil and military helicopters, civil airplanes, military airplanes, civil and military gliders, civil and military drones); aircraft parts manufacturing, repair & maintenance market (civil aircraft maintenance, repair, & overhaul (MRO), military aircraft maintenance, repair, & overhaul (MRO), aircraft engine & engine parts, other aircraft parts) market size, historic and forecast size, and growth rates for the world, 7 regions and 12 countries.
Global aerospace & defense market size (2013-2021), trends and strategies, market segmentation, geographic analysis.
Aircraft And Aircraft Parts Manufacturing And Repair & Maintenance Market Organizations Covered: Aircraft manufacturers global market shares and company profiles for The Boeing Company, Airbus Group, Lockheed Martin Corporation, United Technologies Corporation, and General Electric (GE) Company.
Regions: North America, Europe, Middle East, South America, Africa, Asia Pacific
Time Series: Five years historic (2013-17) and forecast (2017-21).
Other Information And Analyses: Global per capita average aircraft and aircraft parts manufacturing and repair & maintenance expenditure, global and by country; global aircraft and aircraft parts manufacturing and repair & maintenance market size as a percentage of GDP, global and by country; aircraft and aircraft parts manufacturing and repair & maintenance market customer information, PESTEL analysis, trends and opportunities, drivers and restraints, key mergers and acquisitions, market entry/expansion strategies.
Sourcing and Referencing: Data and analysis throughout the report are sourced using end notes.
Strategies For Participants In The Aircraft And Aircraft Parts Manufacturing And Repair & Maintenance Industry: The report explains over 30 strategies for companies in the global aircraft manufacturing industry, based on industry trends and company analysis. These include aircraft and aircraft parts manufacturing and repair & maintenance companies staying abreast of technology such as Active Electronically Scanned Array (AESA) radar to compete effectively in their field, and Boeing’s growth strategy to expand its operations in emerging markets.
Opportunities for Aircraft and Aircraft Parts Manufacturing and Repair & Maintenance sector companies: The report reveals where the global aircraft and aircraft parts manufacturing and repair & maintenance industry will put on most $ sales up to 2021.
Number of Pages: 260
Number of Figures: 68
Number of Tables: 87
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