Aerospace And Defense Components Market Report, Growth Trends 2032

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Aerospace And Defense Components Global Market
Report 2023
Market Size, Trends and Global Forecast 2023-2032
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Point-of-Use Aerospace And Defense Components
Market Segments
The Business Research Company segments its
Point-of-Use Aerospace And Defense Components
Market report as
Aluminum, Titanium, Composites, Superalloys,
Steel, Plastics, Other Products
By Product
Engine, Aerostructure, Interiors, Equipment,
System And Support, Avionics
By Application
Commercial, Business And General Aviation,
Military, Other Users
By End User
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Point-of-Use Aerospace And Defense Components
Market Statistics
The global aerospace and defense components
market size is expected to grow from 53.41
billion in 2022 to 59.83 billion in 2023 at a
compound annual growth rate (CAGR) of 12.0. The
Russia-Ukraine war disrupted the chances of
global economic recovery from the COVID-19
pandemic, at least in the short term. The war
between these two countries has led to economic
sanctions on multiple countries, a surge in
commodity prices, and supply chain disruptions,
causing inflation across goods and services and
affecting many markets across the globe. The
global aerospace and defense components market
size is expected to grow to 80.83 billion in
2027 at a CAGR of 9.9.
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Key Market Drivers And Trends
Drivers
An increase in regional aircraft is expected to
propel the aerospace and defense component market
going forward.
Trends
Technological advancement is a key trend gaining
popularity in the aerospace and defense component
markets.
Region
North America was the largest region in the
aerospace and defense components market in 2022.
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Key Market Players

• Major players in the Point-of-Use Aerospace And
  Defense Components Market are
• Arconic Inc.
• Toray Composites America Inc.
• Huntsman International LLC
• Hexcel Corporation
• Saudi Basic Industries Corporation

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5 Reasons Why TBRC Is The Solution You Need

1. Measure the impact of high global inflation on
   market growth
2. Outperform competitors using forecast data and
   the drivers and trends shaping the market
3. Get a comprehensive market sizing report with a
   truly global perspective covering 60 geographies
   from The Business Research Company, with data
   from 2017 to 2023 and forecasts up to 2032.
4. Assess the Russia-Ukraine wars impact on
   commodity supply and its direct and indirect
   impact on all the markets
5. Benchmark performance against key competitors.

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