The year 2017 witnessed the recovery of the global aerospace and defense industry worldwide. While the industry still lagged behind other industries in terms of the global GDP (gross domestic product). Revenues of the global aerospace and defense industry crossed US$ 686 billion by the end of 2017, though the overall growth of the sector was still weaker as compared to 2016. This growth decline the industry underwent was primarily due to the slowdown of the delivery of twin-aisle aircraft in the United States. While the commercial aerospace sector in Europe experienced strong growth, the same sector in the United States remained weak. Europe also saw a higher number of aircraft deliveries during 2017 as compared to the US.
Meanwhile, the global defense industry recorded a jump of 4% as worldwide governments increased their spending on defense. By the end of 2017, the global defense industry posted revenues of more than US$ 362 billion. The US was the biggest contributor to this as 2017 saw the US Department of Defense increase it’s funding for the defense sector. Compared to the US, the defense sector in Europe witnessed a growth of 2.5% in 2017. The European defense sector grew due to the pressure from the present US administration on NATO countries for increasing their expenditure on the military.
The global aerospace and defense industry also witnessed an improvement in the operating margins in 2017 as compared to 2016. This improvement was also led by the US aerospace and defense industry, which experienced a growth of nearly 13%. The global industry further got a boost from the incredibly strong core operating earnings at The Boeing Company.
Aruvian Research’s report on Analyzing the Global Aerospace and Defense Industry 2018 is precisely aimed at bringing an understanding of this wide and vast industry which at times enjoys the distinction of being one of the few recession proof industries.
The report takes an integrated approach towards both the segments of global Aerospace and Defense. This in-depth report on the Global Aerospace and Defense Industry begins with an introduction to the industry. Section 1 of the report focuses on industry definition, an overview of the global aerospace and defense industry, an analysis of the industry segments, competition in the industry, a look at the mergers and acquisitions in the industry, risks associated with this industry, and a look at the increase in global defense spending. Section 1 also includes a section on industry forecast. This segment is divided into forecast for the Asian aerospace and defense industry, the European aerospace and defense industry, the commercial aircraft market forecast, and a forecast for the global defense industry.
The role of suppliers present in the global aerospace industry is looked at. This includes a look at the changing role of suppliers within the industry, supplier trends, globalization, consolidation, supply chain integration, and other related points are analyzed. The growing trend of outsourcing to China is also looked at.
The global civil aerospace industry is analyzed through a market overview, the economic activity that is driving air traffic demand, the boom in international traffic, regulatory framework governing the industry, the growth of regional carriers, the emergence of the new customer base, and many other factors are also looked at. The infamous Airbus-Boeing rivalry is analyzed. We look at product comparisons, a comparison of their major technologies, comparison of production costs, orders and deliveries, and how both these stalwarts are competing on outsourcing, are some of the factors that are analyzed in this segment.
The report also contains an analysis of the global aviation security products and services such as access controls and biometrics, biometric access, automated EDS, burglar and fire alarm, CCTV, trace detection, metal detection and traditional X-rays, and many other products. The global market leaders such as Argenbright Security, Fraport AG, ASUR, L-3 Technologies, and others are analyzed in this segment.
Restructuring that has taken place in the global defense industry over the years affected by globalization and consolidation of the industry, the privatization and commercialization of various services, the role of import/exports, dominance of the US in the industry, the increase in costs, and many other factors that has affected and restructured the global defense industry are analyzed.
Section 2 of the report Analyzing the Global Aerospace and Defense Industry 2018 looks at the industry through a country-wise analysis. Countries analyzed in this report are as follows:
- South Africa
- United Kingdom
- United States
Apart from these countries, an in-depth analysis of the European aerospace and defense industry, as well as the Asia Pacific industry, is included. The emergence of budget airlines and its impact on the European aerospace industry is also looked at, along with the civil aircraft industry in the US.
Each market is analyzed through an industry overview, an analysis of the industry value, market segments, competition in the industry, market statistics, challenges facing the industry, and an industry forecast.
Section 3 of the report Analyzing the Global Aerospace and Defense Industry 2018 focusses on the leading industry players. These big corporations and smaller players are what keep the industry growing. Companies included in the report are analyzed through a corporate profile, an analysis of their major business segments, a financial analysis, and a SWOT analysis. Major companies active in the global aerospace and defense industry that are analyzed in this report including Airbus, Boeing, Lockheed Martin, Northrop Grumman, BAE Systems, Raytheon, Honeywell, General Electric, Daimler, Bombardier, and many others. A total of 60 major industry players are analyzed in the report.
Section 4 of the report Analyzing the Aerospace and Defense Industry 2018 focuses on Porter’s Five Forces Strategy Analysis of the aerospace and defense industries on Russia and the United States.
Section 5 of the report is the conclusion which contains the glossary of terms.
Containing over 100 figures and tables, this comprehensive research report on the global aerospace and defense industry is a strategic and analytical coverage of the industry.