Global Military Aircraft & Aerospace Manufacturing

Global Military Aircraft & Aerospace Manufacturing


The industry has grown over the past five years as a result of increased demand for military aircraft and missile systems, especially from North America and Europe. Demand for military aerospace equipment was backed by the Iraq War, the war on terrorism and homeland security. Growth is anticipated to be moderate in the next five years as modest spending in defense budgets occurs in developed nations. Strong GDP growth from newly industrialized nations will also buoy demand for military equipment and air superiority.
Firms in this industry engage in the manufacture of complete military aircraft, missiles or space vehicles, along with associated parts. Industry firms also develop prototypes of aerospace products; convert aircraft (i.e., major modifications to systems); and complete aircraft or propulsion systems overhaul and rebuilding (i.e. periodic restoration of aircraft to original design specifications).

This report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecasts, growth rates and an analysis of the industry key players and their market shares.