Aerospace & Defense Global Industry Almanac 2014-2023


Global Aerospace & Defense industry profile provides top-line qualitative and quantitative summary information including: market size (value 2014-18, and forecast to 2023). The profile also contains descriptions of the leading players including key financial metrics and analysis of competitive pressures within the market.

Essential resource for top-line data and analysis covering the global aerospace & defense market. Includes market size and segmentation data, textual and graphical analysis of market growth trends and leading companies.

Key Highlights

  • The aerospace & defense market consists of (1) the civilian aerospace market and (2) the military aerospace and defense market.
  • The civilian aerospace market is comprised of the revenues accrued by manufacturers from all civilian aerospace procurement.
  • The military aerospace and defense market is comprised of the sum of the revenues generated from (a) signed deals that remain under contract and (b) new contracts signed within a particular calendar year. This market is segmented to include military aircraft, military vehicles, naval vessels, and systems & ordnance. The military aircraft segment is comprised of aircraft engines, aviation MRO, defense helicopters, and military avionics, rotocraft, satellites and UAVs. The military vehicles segment is comprised of armored vehicles and related MRO operations, unmanned ground vehicles and vehicle armor. The naval vessels segment is comprised of maritime and border security, naval engines, naval vessels and related MRO operations, sumbarines and related MRO operations and any other undersea warfare. The systems & ordnance segment is comrpised of ammunition, artillery, biometric systems, body armor, communications equipment, cybersecurity, electronic warfare, navigational systems, radars, It and computing systems, simulation systems, missiles and missile defense systems, all ordnance and guns, soldier modernization, communications and vetronics.
  • Any currency conversions used in the creation of this report have been calculated using constant 2018 annual average exchange rates.
  • The global aerospace and defense market had total revenues of $1,231.5bn in 2018, representing a compound annual growth rate (CAGR) of 4.1% between 2014 and 2018.
  • The civil aerospace segment was the market’s most lucrative in 2018, with total revenues of $573.7bn, equivalent to 46.6% of the market’s overall value.
  • Geopolitical tensions continue to intensify and demand for military equipment is on the uptick, driving defense spending across the globe.


  • Save time carrying out entry-level research by identifying the size, growth, major segments, and leading players in the global aerospace & defense market
  • Use the Five Forces analysis to determine the competitive intensity and therefore attractiveness of the global aerospace & defense market
  • 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 global aerospace & defense market with five year forecasts

Reasons To Buy

  • What was the size of the global aerospace & defense market by value in 2018?
  • What will be the size of the global aerospace & defense market in 2023?
  • What factors are affecting the strength of competition in the global aerospace & defense market?
  • How has the market performed over the last five years?
  • What are the main segments that make up the global aerospace & defense market?