Aerospace and defense market size 8 billion by 2030. 82 billion by 2030. The rising global defense spending significantly drives the growth of the market. It will grow from $3. Aerospace & Defense in Ireland industry profile provides top-line qualitative and quantitative summary information including: market size (value 2017-22, and forecast to 2027). Sep 11, 2024 · In 2024, India's defense budget is worth $72. 28% to reach USD 98. 00 billion by 2030, at a CAGR of 18. 8% CAGR. 06 billion in 2025 at a compound annual growth rate (CAGR) of 7. This study divides the A&D industry into four key subsectors, and of those the aeronautics/aircraft is the largest employer, directly employing 462,000 workers. Germany Aerospace and Defense Market Analysis The Germany Aerospace And Defense Market size is estimated at USD 19. 01 billion in 2028 at a CAGR of 19. , Safran SA and THALES are the major companies operating in this market. 8 billion in 2022. The Japan Aerospace And Defense Market size is estimated at USD 72. 5 billion in 2022 and is estimated to register 7% CAGR between 2023 and 2032 due to the expanding industrial & manufacturing sectors. S. North America dominated the aerospace and defense materials market with a market share of 53. Oct 8, 2024 · In 2024, France's defense budget is worth $60. 31% during the forecast period (2025-2030). 7 billion in 2023 and is poised to grow at a CAGR of 8. 53 billion by 2034. A compound annual growth rate of 4. AI-driven systems analyze data from various sources to optimize maintenance schedules, manage supply chains, and improve logistics. 5%. The Global Defense Electronics Market size is anticipated to exceed USD 379. Jan 20, 2025 · AEROSPACE AND DEFENSE MARKET OVERVIEW. Access in-depth analysis on trends, market dynamics, and competitive landscape for data-driven decisions. Through our forecast period, the Aerospace and Defense applications market size is expected to reach $9. , Hanwha Corporation and The Boeing Company are the major companies operating in this market. are the major companies operating in this market. 90 billion by 2030. The South Korea Aerospace And Defense Market is expected to reach USD 4. The Market Size is Growing at a CAGR of 11. A. 8% over the forecast period (2024-2032). 1 percent from 2021 to 2027. The global AI in aerospace and defense market size is calculated at USD 25. 7 Billion by 2033. The global aerospace and defense sector market was valued at USD 1,446,228. Aerospace encompasses the creation and production of aircraft, rockets, missiles, and spacecraft, including those designed for outer space operations. Mitsubishi Heavy Industries, Ltd. The global aerospace and defense telemetry market size reached USD 20. This is in response to the deteriorating global security environment such as the Russian invasion of Ukraine and continued tensions with China over territory in the South China Sea and wider Indo-Pacific. 4% from 2022 to 2032. The expected market size in The Japan Aerospace And Defense Market is expected to reach USD 76. 46% during the forecast period (2025-2030). 70 billion by 2030, after growing at a CAGR of 7. Jul 4, 2022 · Get the sample copy of Aerospace And Defense Market Report 2025 (Global Edition) which includes data such as Market Size, Share, Growth, CAGR, Forecast, Revenue, list of Aerospace And Defense Companies (Boeing, Airbus, Lockheed Martin, United Technologies, General Electric), Market Segmented by Type (Cybersecurity, Homeland Security, Border Security), by Application (Land, Air, Sea) Market size of aerospace services in the North America. 06% under the study period 2024 - 2032. 5% from 2023 to 2030. 08 Bn in 2023 and is predicted to reach USD 16. Jan 20, 2023 · This report contains market size and forecasts of Aerospace And Defense MRO in Global, including the following market information: Global Aerospace And Defense MRO Market Revenue, 2018-2023, 2023-2030, ($ millions) Global top five companies in 2022 AI and Analytics in Defense Market Analysis. 8% between 2024 and 2034. 1 million by 2033, with a CAGR of 5. 73 billion in 2021 to USD 13. 3% in the forecast period of 2025-2034, reaching a value of around USD 37. 78 billion by 2034, representing a healthy CAGR of 7. 21% during the forecast period. . 4 billion. Jul 31, 2024 · In 2024, Australia's defense budget is worth $37. 0% CAGR during 2016-21. 86 billion by 2030, at a CAGR of 5. Aerospace and Defense Materials Market Size & Share Analysis - Growth Trends & Forecasts (2025 - 2030) The Report Covers Aerospace and Defense Materials Market Analysis and is segmented by Material Type (Aluminum Alloys, Steel Alloys, Titanium Alloys, Super Alloys, Composite Materials, and Other Material Types), Aircraft Type (Commercial, Military, Business and General Aviation, and Other The aerospace & defense telemetry market size was worth over USD 1. It is estimated to reach USD 199. The Artificial Intelligence and Robotics in Aerospace and Defense Market size is estimated at USD 34. Consolidation allows companies to achieve economies of scale, expand market reach, and enhance technological capabilities through synergies and integration. 3 billion by 2031, growing at a CAGR of 6. 8% from 2024 to 2030. The Market Size is Growing at a CAGR of 6. 86 billion by 2030. The global 3D Printing in Aerospace and Defense market size will reach USD million in 2021, growing at a CAGR of 24. 2 billion in 2023. Lockheed Martin Corporation, Korea Aerospace Industries, Ltd. 66 billion by 2030, registering a CAGR of 26. 58 billion in 2020. 14% to reach USD 235. The Germany Aerospace and Defense Market Size was valued at USD 9. The India defense market research report provides the market size forecast and the projected growth rate for the next five years. 58% to reach USD 382. 07% through 2029, reaching USD 2. Aerospace and Defense Edge Computing Market Size, Share, and COVID-19 Impact Analysis, By Component (Hardware, Software, and Service)), By Application (Industrial IoT, Remote Monitoring, AR/VR, and Others), By End User (Land, Naval, and Ground), and Regional Forecast, 2024-2032 Mar 7, 2024 · Segment wise market size and market share during the forecast period is duly addressed to portray the probable picture of this India Aerospace and Defense industry. 5% between 2023 and 2032. Increasing demand for UAVs will be a key driver fueling the aerospace and defense growth during the forecast period. Jan 12, 2024 · US Defense Market Report Overview. Aerospace And Defense Consulting Services Market Size And Forecast. com The 2024 edition of PwC’s global aerospace and defense: Annual industry performance and outlook shares key performance metrics of the global commercial aerospace and defense (A&D) industry. 8 million in 2024 to USD 3,632. The aerospace and defense mro market in Indonesia is expected to reach a projected revenue of US$ 2,015. Hindustan Aeronautics Limited (HAL), Bharat Electronics Limited (BEL), Larsen & Toubro Limited, Adani Group and Indian Space Research Organisation (ISRO) are the major companies operating in this market. 57% during the forecast period (2025-2030). Germany Aerospace and Defense Market Size. 6% from 2021 to 2028. 2 billion by 2031, growing at a CAGR of 5. 5% during the forecast period (2023–2031). 16 billion in 2025, and is expected to reach USD 694. IoT in Aerospace and Defense Market size was valued at USD 62. The Market Size is growing at a CAGR of 4. , Toshiba Corporation, Kawasaki Heavy Industries, Ltd. The global market provides a detailed overview of the market and that can be segmented by type, by size, end-user, and by operation. The Singapore Aerospace And Defense Market is expected to reach USD 8. 90 billion by 2029, growing at a CAGR of 5. 74% to reach USD 21. Apr 13, 2023 · The global aerospace defense MRO market size was valued at USD 121. Jun 19, 2023 · Market Overview. The UK aerospace and defense market size was valued at USD 28. The market`s growth is driven by factors such as the increasing defense budget, the focus on indigenous defense manufacturing, and the growth of the aviation and space sectors. The global demand for Aerospace and Defense Market is presumed to reach the market size of nearly USD 1641. 1 billion in 2022. 30 billion in 2021 to $755. 73% from 2023 to 2033. Mistras Group, Fujifilm NDT Systems, GE Measurement and Control, NikonMetrology Inc. 32 billion by 2030. 1 Billion in 2024 and it will grow $54. 23 Billion by 2033 The Japan Aerospace and Defense Market Size is expected to reach USD 106. 80%. 35 billion by 2030, at a CAGR of 1. Jan 10, 2024 · Find the most up-to-date statistics about the European aerospace and defense industry. Defense Market Size 2025 And Growth Rate. A compound annual growth rate of 3. AI In Aerospace And Defense Market Trends . 25 million from 2024 to 2028 at a CAGR of 4% with the aerospace having largest market share. 76% during the forecast period (2025-2030). Jun 11, 2024 · Exhibit 1 – 2023 Aerospace and Defense Applications Market Shares Split By Top 10 Aerospace and Defense Vendors and Others. 15% during the forecast period (2025-2030). Statistic. 43 billion in 2025 and grow at a CAGR of 5. 6 million in 2033 growing at a CAGR of 8. 78 billion in 2025 and grow at a CAGR of 12. 1 day ago · Aerospace & Defense Sector Market Size . The country’s defense budget will grow at a CAGR of more than 6% during 2025-2029. The Germany aerospace and defense market reached approximately USD 25. 84% to reach USD 26. We drew our data from financial reports for fiscal year 2023 and include financial results for the largest 100 A&D companies by revenue (see the complete Oct 4, 2024 · The global aerospace market size accounted for USD 373. 55 Billion in 2023. Aerospace and Defense Market Size and Forecast 2024 to 2032 Aerospace & defense chemical distribution market size was valued at USD 5. 13 million by 2032, growing at a CAGR of 20. 7% rise from the previous year. 1% during the forecast period (2022–2030). 9% is expected of UK aerospace and defense materials market from 2024 to 2030. The global additive manufacturing in aerospace & defense market was valued at $2760. Aerospace & Defense in India 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. Market Overview. 74% from 2021 to 2026. 6% from 2024 to 2030. The Global Aerospace And Defense Telemetry Market was valued at USD 1. The global Aerospace and Defense market size was valued at USD 799. 15% from 2024 to 2031. 83% during the forecast period from 2025 to 2033. 91 Billion in 2024 and is projected to reach USD 165. 33 million by 2028. 62 billion in 2023 to $4. As per the analysis shared by our research analyst, India's aerospace and defense market is estimated to grow annually at a CAGR of around 6. 45 billion in 2023 and is projected to grow at a CAGR of 9. 69 Billion by 2032 from USD 811. Key Trends in the Market Global Aerospace and Defense Materials size and forecast: To identify and estimate the market size for global Aerospace and Defense Materials market segmented By Aircraft Type, By Material Type, By Application, and by region. 90 billion in 2024, and is expected to reach USD 45. Aerospace 3D Printing Market Analysis The 3D Printing In Aerospace And Defense Market size is estimated at USD 3. Airbus SE, Singapore Technologies Engineering Ltd, Rolls-Royce plc, SIA Engineering Company Limited and RTX Corporation are the major companies operating in this market. The Japan aerospace and defense market refers to the Japanese industry that develops, manufactures, and distributes aerospace and defense-related products and services. 74 billion in 2016 and is likely to grow at Aerospace and Defense Radar Market Size, Share, Trends AI and Robotics in Aerospace and Defense Market Analysis. Global Aerospace and Defense Market size is anticipated to be worth USD 839. A compound annual growth rate of 11% is expected of China aerospace and defense mro market from 2022 to 2030. 84% CAGR during the forecast period for 2024-2031. UK Aerospace and Defense Market Size and Share:. 5% during the forecast period (2025-2030). 4 million in 2025, growing to USD 2,408,330. The aerospace and defense materials market in Latin America is expected to reach a projected revenue of US$ 267. 21% from 2025-2033. It is estimated to reach USD 197. The India aerospace defense market size was valued at USD 15. 80 billion by 2029, growing at a CAGR of 7. 08 B by 2029 at 17. 54 billion in 2025 and grow at a CAGR of 15. The market is projected to grow from USD 3. 2 Billion by 2033, at The global fuel cells in aerospace market size is expected to reach USD 1,618. 2% is expected of Latin America aerospace and defense materials market from 2024 to 2030. The strategic report provides critical insights on the market size, share, trend, forecasts, and opportunity analysis. The France defense market research report provides the market size forecast and the projected growth rate for the next five years. The Worldwide Aerospace And Defense Telemetry Market Size is expected to reach USD 2. 4 billion in 2022 and is estimated to register a CAGR of over 6. 9 million by 2030. 45 billion in 2025, and is expected to reach USD 16. The market is expected to expand at a CAGR of 30. It is forecast that the Indian aerospace and defense composite market size will increase with a compound annual growth rate (CAGR) of 13. 1 Billion by 2028. dollars . 43 billion by 2034. 45 billion by 2030, at a CAGR of 7. Airbus SE, BAE Systems plc, Leonardo S. 06 billion in 2024 to $527. Mar 10, 2022 · The global aerospace & defense market size is expected to grow from $700. The India aerospace and defense market encompass the production, development, and procurement of aerospace and defense equipment, including aircraft, missiles, and military vehicles. 24 billion in 2022 at a compound annual growth rate (CAGR) of 7. Jun 15, 2023 · India Aerospace Defense Market Size. 43 billion in 2024, grew to USD 27. 47 billion in 2020 and is expected to reach USD 22. The Aerospace And Defense Industry Of Turkey Market size is estimated at USD 15. The Europe Aerospace And Defense Market is expected to reach USD 182. 2% during the forecast period (2024–2031). The research report classifies market by share, trend, demand and based on segmentation by Application, Battery Type, Sales and Regional Outlook. and Magnaflux Corporation are the major companies operating in this market. 14 Billion by 2032 at a CAGR of 5. It will grow from $491. Industry: Aerospace and Defense Current: Market Sizing & Shares The Military Planning Law 2019-2025 has driven a steady increase in defense expenditure over the past few years, as the armed forces have pursued significant acquisitions and modernization programs Aerospace and Defense Additive Manufacturing Market 2025: Projected to hit USD 10. 88 billion in 2025 and grow at a CAGR of 9. 21 Billion by 2031, growing at a CAGR of 14. 1tn U. 51% to reach USD 15. The Defence Electronics Industry is fueled by factors such as joint force strengthening through investment in defence electronic systems and the growing demand for AI and IoT devices in military operations. The US defense budget was worth $818. The defense market size has grown strongly in recent years. Oct 7, 2024 · New York, United States , July 10, 2024 (GLOBE NEWSWIRE) -- The Global Aerospace and Defense Additive Manufacturing Market Size to Grow from USD 4. Aerospace and Defense Battery Market is segmented on the basis of application, battery type, and sales. The Artificial Intelligence and Robotics in Aerospace and Defense Market size is estimated at USD 31. 63 billion in 2024. 64 billion by 2030. AI and Robotics in Aerospace and Defense Market Analysis. The market is expanding at a CAGR of 9. 48% during the forecast period of 2023 to 2032. 45 billion in 2023 and is projected to expand at a compound annual growth rate (CAGR) of 6. 99 billion by 2026, growing at a CAGR of 6. Aerospace Market size was valued at US$ 286. 29 billion in 2025, and is expected to reach USD 49. See full list on thebusinessresearchcompany. 7 Billion in 2024. 46% from 2023 to 2033; The Worldwide Aerospace and Defense Additive Manufacturing Market Size is Expected to reach USD 14. The Australia defense market research report provides the market size forecast and the projected growth rate for the next five years. The Global Aerospace Defense Market size was accounted for USD 123. Sep 9, 2024 · The commercial aerospace sector makes up 47 percent of the industry’s direct employment with the defense and national security sector comprising the remaining 53 percent. Jan 20, 2025 · The global aerospace and defense materials market size stood at USD 18,411. South Korea Aerospace & Defense Market Insights Forecasts to 2033 . 56 billion in 2024 at a compound annual growth rate (CAGR) of 11. The Global Aerospace Defense Battery market was valued at USD 1. North America dominated the aerospace & defense additive manufacturing market with a market share of 36. Also, to understand the consumption/ demand created by consumers between 2024 and 2032. Global Digital Twin in Aerospace and Defence Market Size, Share Analysis Report By Solution (Component, Process, System), By Deployment (Cloud, On-premise), By Enterprise Size (Large Enterprises, Small and Medium Enterprises (SMEs)), By Application (Product Design & Development, Predictive Maintenance, Business Optimization, Space-Based Monitoring, Others), Region and Companies - Industry The Aerospace and Defense Brakes Market size is projected to grow at 5. 00 million in 2022 and is expected to reach $17886. p. Looking forward, IMARC Group estimates the market to reach USD 58. 7 billion by 2028, compared with $7. 7 billion in 2023 at a compound annual growth rate of 4. , Ltd. The Market Size is Growing at a CAGR of 4. The aerospace manufacturing and defense industry comprises the manufacturing of aircraft, space vehicles The India Aerospace and Defence Market size was valued at $27. In 2024, the aerospace and defense industry continued to struggle with talent attraction and retention challenges, and these challenges are likely to persist into 2025. 31% in The aerospace and defense radar market was estimated at USD 10. 9 million by 2032, exhibiting a CAGR of 17. Japan Aerospace & Defense Market Analysis. The country’s defense budget will grow at a CAGR of more than 1% during 2025-2029. 39% during 2024-2030. The Aerospace and Defense EMI Shielding Market is estimated to grow at a CAGR of 8. 1% during the forecast period 2022 to 2032. , HD Hyundai Heavy Industries Co. 61 billion in 2024, grew to USD 402. 8 Billion in 2023. 99% by 2024 to 2033 Oct 17, 2022 · Get the sample copy of Aerospace And Defense Battery Market Report 2025 (Global Edition) which includes data such as Market Size, Share, Growth, CAGR, Forecast, Revenue, list of Aerospace And Defense Battery Companies (Concorde Aircraft Batteries, EnerSys, GS Yuasa Corporation, Saft Groupe S. Aerospace And Defense Propulsion System Market was valued at USD 260. Global Aerospace And Defense Telemetry Market Insights Forecasts to 2033. The competitive landscape includes of key innovators, after market service providers, market giants as well as niche players are studied and analyzed extensively with respect to their strengths, weaknesses as well as value addition The aerospace and defense mro market in the United States is expected to reach a projected revenue of US$ 31,494. 2 million in 2023. Jan 20, 2025 · In addition, the continuous development of aircraft materials, a high demand for weight reduction to increase fuel efficiency, increased funding for the aircraft defense sector, an increase in the number of commercial aircraft and a huge increase in passenger and cargo traffic are also important growth factors in the global aerospace and defense market. 15 billion. MARKET OVERVIEW. 22 million in 2024 and is projected to reach USD 1,530,543. 65% in 2019. 65 Billion by 2031, growing at a CAGR of 8% during the forecast period 2024-2031. 4 billion in 2024 at a compound annual growth rate (CAGR) of 21. 28% during the forecast period (2024-2029). 8%. 38% to reach USD 7. 9% is expected of Indonesia aerospace and defense mro market from 2022 to 2030. Mar 7, 2024 · Segment wise market size and market share during the forecast period is duly addressed to portray the probable picture of this India Aerospace and Defense industry. 35 billion in 2021. 34 billion in 2023 and is anticipated to project robust growth in the forecast period with a CAGR of 8. The country’s defense budget will grow at a CAGR of more than 3% during 2025-2029. 60 billion in 2024, and is expected to reach USD 93. 12 Billion in 2023 with a CAGR of 8. 81 billion in 2025 and grow at a CAGR of 5. In terms of revenue, the India aerospace and defense market size was valued at around USD 26. 4 Billion at a CAGR of 6. 0% during the forecast period. The aerospace and defense mro market in China is expected to reach a projected revenue of US$ 32,225. 41 billion in 2025, and is expected to reach USD 8. 2 Billion by 2032, growing at a CAGR of 5. 5% during the forecast period (2024-2029). The global aerospace and defense market size was worth around USD 750 billion in 2022 and is predicted to grow to around USD 1388 billion by 2030 with a compound annual growth rate (CAGR) of roughly 8. Skip to main content Premium Statistic Aerospace services market size by region 2024-2043 Apr 21, 2023 · The aerospace and defense market research report is one of a series of new reports that provides aerospace and defense market statistics, including aerospace and defense industry global market The global fuel cell in aerospace market size was valued at USD 193. Aug 27, 2024 · The Global Aerospace and Defense Water and Waste System market size was USD 1. It will grow from $884 billion in 2023 to $985. The global fuel cell in defense market size was valued at USD 444. 57 Billion in 2024 and is expected to reach USD 1326. 8 billion in 2023, which was a 10. 45 million by 2027, growing at a CAGR of 4. 2% between 2024 and 2032 driven by increasing defense budgets globally. 51% during the 2021-2028 period. The Aerospace and defense materials market size is forecast to reach USD 51. The Aerospace and Defense Additive Manufacturing Market Size was valued at USD 4. Aerospace and Defense Market size is estimated to grow by USD 9740. Turkish Aerospace and Defense Market Analysis. The Global Artificial Intelligence And Analytics In Defense Market size is estimated at USD 10. Germany Aerospace and Defense Market Insights Forecasts to 2033. 95 billion in 2025 and is projected to reach around USD 65. Aerospace and Defense Materials Market Size (2024 - 2029) The aerospace and defense materials market is experiencing challenges due to the COVID-19 pandemic, which has led to a decline in orders for aircraft manufacturing, thereby impacting the market size negatively. 07% from 2023 to 2033; The German Aerospace and Defense Market Size is Expected to Reach USD 14. 2% between 2023 and 2030. 7%. Mar 16, 2024 · Aerospace and Defense Battery Market Size is valued at USD 9. 2 million by 2030. The aerospace and defense materials market in UK is expected to reach a projected revenue of US$ 1,833. 8 Billion in 2023 to USD 14. 86 billion in 2025 and grow at a CAGR of 3. The global AI in aerospace and defense market size was valued at USD 22. 3% during the forecast period, reaching a value of USD 9. 41 billion by 2032. The Aerospace Defense Battery Market size is expected to reach a valuation of USD 3044. 9% is expected of the United States aerospace and defense mro market from 2022 to 2030. 8 billion. 1% over the analysis period. 96 Billion by 2032, at a CAGR of 5. 99 billion in 2025, and is expected to reach USD 28. and Japan Steel Works, Ltd. 22 billion in 2025, and is expected to reach USD 18. 87 million in 2020 and is expected to expand at a compound annual growth rate (CAGR) of 30. The report includes an in-depth analysis of the Europe Aerospace and Defense Market, including market size and trends, product mix, distribution channels, and supplier analysis. 01 billion by 2030. 39 billion by 2030, at a CAGR of 12. Jul 10, 2024 · The Aerospace and Defense Additive Manufacturing Market Size was valued at USD 4. The South Korea Aerospace and Defense Market Size is Expected to Hold a Significant Share by 2033. 78 billion in 2023 and is projected to reach USD 48. 39 Bn by the year 2031 at a 7. United States Aerospace And Defense Market Analysis The United States Aerospace And Defense Market size is estimated at USD 525. Lockheed Martin Corporation, The Boeing Company, General Dynamics Corporation, RTX Corporation and Northrop Grumman Corporation are the major companies operating in this market. The market is projected to grow from USD 1,035. 70 million in 2020 and is anticipated to grow at a CAGR of 10. 91% between 2024 and 2034. Aerospace and Defense Propulsion System Market Size. A, Cella Energy, Sion Power, Gill Battery, Aerolithium Batteries, EaglePitcher, True Blue Power Jan 13, 2025 · The global Virtual Reality (VR) in aerospace and defense market size was valued at USD 920. , ShinMaywa Industries, Ltd. It is anticipated to reach an expected value of USD 8. The aerospace & defense market size has grown rapidly in recent years. 9 billion. 7% over the forecast period IoT in Aerospace and Defense Market Size and Forecast. 23 billion by 2030, at a CAGR of 7. 75 billion in 2025, and is projected to surpass around USD 791. The NDT In The Aerospace And Defense Market is expected to reach USD 10. 83 million in 2019 and is projected to reach USD 23,825. The US Defense Market is expected to reach USD 320. The competitive landscape includes of key innovators, after market service providers, market giants as well as niche players are studied and analyzed extensively with respect to their strengths, weaknesses as well as value addition The India Aviation, Defense, And Space Market is expected to reach USD 19. Aerospace and Defense Water and Waste System Industry's Compound Annual Growth Rate will be 5. 88% from 2024 to 2032. 06 billion in 2023 and is anticipated to grow at a CAGR of over 4. The market is estimated to grow at a CAGR of 4. 3%. Aerospace And Defense Consulting Services Market size was valued at USD 50 Billion in 2023 and is projected to reach USD 85. 2 Billion by 2033; Asia Pacific is Expected to Grow the fastest during the Mar 8, 2024 · The aerospace and defense additive manufacturing market size has grown exponentially in recent years. 32% during 2025-2033. 7 Billion in 2023. 91 billion in 2025 and grow at a CAGR of 5. 1% over the next five years to reach US$ 1. 3 Billion by 2033, exhibiting a CAGR of 8. 5 million by 2030. 56 billion by 2030. 89% from 2023 to 2033. 5 Billion in 2024 to reach USD 27. 8 Billion in 2023 and the Worldwide Aerospace and Defense Additive Manufacturing Market Size is Expected to reach Nov 13, 2024 · AI in Aerospace and Defense Market Size, Share and Trends 2024 to 2034. Market Consolidation and M&A Activity: Market consolidation and mergers and acquisitions (M&A) play a significant role in shaping the competitive landscape of the aerospace and defense industry. 9 Billion by 2033, growing at a CAGR of 3. Jan 13, 2025 · The global aerospace & defense additive manufacturing market size was USD 3. The global 3D printing in aerospace and defense market size was valued at USD 1.
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