Aerospace and Defense

Aerospace & defense industry is broadly categorized into general aviation & commercial aircrafts, military aircrafts, space & missiles, ground defense, shipbuilding and satellites, electronics & communications. Industry portfolio encapsulates the broad portfolio including the commercial planes, jet fighters, private planes, traffic helicopters, space shuttles, mission control software, radar systems, rocket guidance systems, missiles, submarines, aircraft carriers, tanks, satellites, flight simulators, munitions and countless small electronic devices.

Growth factors

Increasing number of air travelers, over the past few years, have led to exponential growth of commercial aviation industry., Growing safety concerns  has led to increased investments in providing high end security to passengers for commercial applications. Therefore, this segment creates lucrative revenue opportunities for participants offering passenger security solutions.

The spending in defense industry has significantly declined in 2017, as compared the past couple of years.  However, geopolitical issues existing across several international and national boundaries are projected to provide significant growth through 2024. For instance, conflicts existing between Syria & Iraq, tension between the U.S. and Mexico, Russia intervention in Ukraine, border disputes in South East Asia, among many others are likely to substantially influence increased defense budgets in 2017.

Trends such as utilization of man-portable military electronics for military force modernization programs, X band radar systems for pinpointing, averting and ceasing threats from enemy attacks, C4ISR systems and many other advanced technologies are expected to present considerable demands. Such systems enable advanced awareness and in turn lead to minimum fatality rates. Countries that include China, India, Korea, Saudi Arabia, Russia, France, are projected to increasingly invest in such advanced technologies to enhance their defense forces capability.

Growth inhibitors

Existing geopolitical issues existing across international borders are likely to present considerable growth challenge to the commercial aerospace industry. Moreover, increasing competition in the commercial aviation industry has led to lower average revenue passenger kilometers and narrow profit margins for industry participants. Major industry entry barriers that include high initial capital and incessant approval requirements are projected to present significant growth barrier to the industry growth,

Small and medium suppliers are increasingly opting out of the business segments owing to the conflicts over intellectual property licensing, trade control regulations, and technology transfer requirements and other political risks. Increasing regulatory stringency limiting the utilization of materials used for manufacturing (such as lead), increasing fuel prices, and tightening military expenditures  in major economies such as the U.S., UK, Italy, and Japan are expected to hamper the aerospace & defense market over the forecast timeframe. Moreover, intervention of defense departments in the strategic initiatives of the major country partnering companies will also hinder the overall growth. For instance, Lockheed Martin’s proposition for acquisition of Northrop Grumman, in 1998, and General Dynamics’ merger proposal with Newport News shipbuilding, in 1999, was ceased by the U.S. Defense Department.

Growth Opportunity

Commercial aviation is projected to offer better growth prospects in relation to defense, as our study forecasts predict around 3% growth in the defense segment, with commercial aviation registering gains at over 5% year-on-year till 2020. This can be attributed to mega infrastructure investments in emerging economies and exponential growth in global passenger traffic. According to International Air Transport Association (IATA), international air passenger traffic witnessed 6.7% increase in comparison to the 2015 statistics with highest revenue passenger kilometers (RPK) reported in the Middle East.

Industry competitors are striving to provide portfolio with faster speeds, high end designs, increased carrying capacity, and sustainable fuel technologies to strengthen their foothold in the aerospace and defense market segment. For instance, in May 2017, China Russia Commercial Aircraft International Corporation (CRAIC) announced plans to build next generation jumbo jets that can seat up to 280 passengers. The announcement plan is to be followed by the investment of over US$ 33 billion jointly in the project. Furthermore, incorporating utilization of 3-D printing technologies in manufacturing & product designing will provide the flexibility and opportunity to enhance the profit margins.

Regional Overview

U.S held the largest overall aerospace & defense market share in 2016 is expected to continue its dominance through the forecast timeframe of 2016 to 2024. Annual defense expenditure accounting for around 35% of the global share. Additionally, three of the world’s largest companies are based in the U.S., which cater to national and international businesses. North America was followed by Asia Pacific that includes emerging economies such as China, India, Singapore, Malaysia, Philippines and Vietnam. According to Boeing’s forecast, China is projected to invest around US$ 340 billion in the next two decades and will enhance its position to be the largest market for commercial aircrafts outside U.S,

Owing to significant increase in oil prices in the 2009 to 2014 timeframe, revenue of the Middle East countries witnessed exponential increase. Strong cash positions of the economies that are part of the Gulf Cooperation Council, undertook multibillion dollar program to upgrade their aerospace and defense equipment. Geopolitical conflicts such as Saudi Arabia’s involvement in the Syria and Yemen, and UAE’s requirement of advanced surveillance, naval and missile products are expected to drive the industry demands. Europe aerospace and defense equipment market is likely to witness flat growth trend owing to flat defense spending. Moreover, players in the region are increasingly focusing on opportunities in China, Middle East, India, and Russia.

Industry Overview

Boeing, Airbus, Lockheed Martin, United Technologies, General Electric, Northrop Grumman, Raytheon, Safran, Finmeccanica, Rolls-Royce, BAE Systems, Honeywell, Bombardier, and General Dynamics are among the few major players in the global industry landscape. In electronics, satellites, and communications segment, Litton, Raytheon, and Honeywell are among the top contenders. Mergers & acquisition are among the major strategies adopted to strengthen the global positioning in the industry segment. For instance, in April 2017, Rockwell Collins completed the acquisition of B/E Aerospace to strengthen its global positioning in the aerospace & defense market and widen its portfolio. It also helped in improving its positioning as cockpit and cabin interior solution provider. Industry will also exhibit development of innovative IoT solutions, incorporation of smart technologies, and collaborations to provide upgraded products to enhance user experience.

Coherent Market Insights Global Portable Printer Market by Technology (Thermal, Inkjet and Impact), Output Type (Barcode, Labels & ticketing, Receipts, Documents), End Use Industry (Retail, Transportation & Logistics, Hospitality, Manufacturing and others) and Geography – Global Trends and Forecast to 2025

Published Date : Sep 2017

Portable Printer Market: Enhancing Productivity through Mobile Printing Widespread adoption of internet enabled mobile devices that include smartphones, tablets, and laptops across iOS

Coherent Market Insights Content Analytics Market by Deployment Model (Cloud, On-Premises), by Application (Text Analytics, Web Analytics, Speech Analytics, Social Media Analytics, Others), by Verticals (BFSI, Healthcare, Retail & Consumer Goods, IT & Telecom, Media & Entertainment, Travel and Hospitality, Government, Others) and Geography - Global Forecast to 2025

Published Date : Sep 2017

Global Content Analytics Market The content analytics software is a tool, which provides insights on market trends, patterns, and product details to an organization with the integration of structured and un-s

Coherent Market Insights Global Printed Electronics Market, By Materials (Substrates, Inks), Technology (Flexography, Ink-jet Printing, Gravure Printing, Screen Printing), Application (Sensors, Displays, Batteries, RFID, Lighting, Photovoltaic), and Geography - Insights, Size, Share, Opportunity Analysis, and Industry Forecast till 2025

Published Date : Sep 2017

Printed Electronics Market: Providing Continuous Flexibility and Fabrication of Electronic Devices Printed electronics is a set of printing techniques applied to produce electrical dev

Coherent Market Insights Global Electronic Shelf Labels Market, By Technology Type (RF, IR), Product Type (LCD, Full graphic e-paper ESL, Segmented e-paper ESL), End Use (Supermarket and hypermarket, Convenience stores and departmental stores), and Geography - Insights, Size, Share, Opportunity Analysis, and Industry Forecast till 2025

Published Date : Sep 2017

Electronic Shelf Label (ESL) Market: Enabling stores to electronically update prices Electronic shelf labels are the small display units utilized for the price display, predominantly i

Coherent Market Insights Autonomous Rail Rapid Transit - Global Industry Insights, Trends, Outlook, and Opportunity Analysis, 2017-2025

To Be Published : Nov 2017

Automated rail transit is an environment friendly, rail-less, and driver-less vehicle that is projected to reduce traffic congestion in the highly populated cities.  On effective execution of this project, which is presently under development in China, is expecte

Coherent Market Insights Airport Sleeping Pods Market - Global Industry Insights, Trends, Outlook, and Opportunity Analysis for 2017 - 2025

To Be Published : Nov 2017

Sleeping pods are enclosed beds, or state-of-the-art chair that converts into a sleeping pod with a fold-flat bed, which are used by passengers during layover at airports. These sleeping pods offer facilities such as Wi-Fi, television, and minimum requisite

Coherent Market Insights Drone Phones Market - Global Industry Insights, Trends, Outlook, and Opportunity Analysis, 2017-2025

To Be Published : Nov 2017

Quadcopters are being integrated with sophisticated technologies such as gyroscopes, GPS, and high resolution cameras to execute complex tasks such as aerial mapping, aerial photography, monitoring, search & rescue operations, and entertainment tool among many oth

Coherent Market Insights Airborne Weapon Systems for Rotorcraft Market, by Class (Helicopters, Cyclocopter, Autogyro, Gyrodyne, and Rotor kite), by Application (Military Rotorcraft and Civil Rotorcraft), and Geography - Global Forecast to 2025

To Be Published : Nov 2017

A rotorcraft is a heavy airborne machine that works by generating lift caused by its wings, which are called rotary wings or rotor blades. Several rotor blades are fixed and rotate around the pole to generate the lifting force to overcome the gravity pull and the weig

Coherent Market Insights Aviation Cyber Security Market by Deployment Type (Cloud Deployment and On-Premise Deployment), by Security Type (Application Security, Cloud Security, Content Security, Others), by Solution Type (Antivirus, Data Encryption, Data Loss Prevention, Others), by Service Type (Managed Security Solution, Training and Consulting), and by Geography - Global Industry Insights, Trends, Outlook, and Opportunity Analysis, 2017-2025

To Be Published : Nov 2017

The aviation industry plays a major role in the global economy GDP. In 2014, the aviation industry supports U.S. $2.7 trillion i.e. 3.5% of the global total GDP. The increasing cyber-attack become one of the major issues which directly affect the business. For instanc

Coherent Market Insights Food Automation Market, by Product (Discrete Controller and Visualization, Generators and Motors, Linear and Rotary Products, Others), by Function (Packaging and Re-Packaging, Picking and Placing, Palletizing, Others), by Application (Bakery, Beverages, Confectionery, Dairy, Others) - Global Industry Insights, Trends, Outlook, and Opportunity Analysis, 2017-25

To Be Published : Nov 2017

Automatic control or automation is the use of control systems for operating various machineries and equipment without the need for human labor. The adoption of automation in the food industry is imperative due to the increasing demand for quality, productivity, and pr

Coherent Market Insights Refrigerated Transport Market, by Technology (Cryogenic Systems, Eutectic systems, Vapor Compression Systems), by Mode of Transport (Sea, Road, Rail, Air), By Product Type (Chilled, Frozen) - Global Industry Insights, Trends, Outlook, and Opportunity Analysis, 2017 - 2025

To Be Published : Nov 2017

Preservation and protection of food, drugs, and medical supplies have made refrigerated transport an essential part of the supply chain. Food items such as seafood, frozen food, fruits, meat, fish, and dairy products require specific temperature and conditions to prev

Coherent Market Insights Flagship Smartphone Market, By Distribution Channel (OEMs, Retail Stores, e-Commerce), By Operating Systems (Android, iOS, Microsoft, RIM Blackberry, Others) By Memory Storage Type (Inbuilt storage, Expandable) - Global Industry Insights, Trends, Outlook, and Opportunity Analysis, 2017–2025

To Be Published : Nov 2017

Flagship smartphones have gained significant popularity over the past few years. Companies are increasingly introducing high-end mobile phones and largely focus on the sales & marketing of these phones to garner increased consumer traction. Some of the popular pro

Coherent Market Insights UAV Jammers Market, By Jamming Range (Short, Medium and Long-Ranged), By Components (Power supply, Software, Network Jammers, Housing), and By Application (Defense & Research, Civil (Law Enforcement & Paramilitary), Commercial & Domestic) - Global Industry Insights, Trends, Outlook, and Opportunity Analysis, 2017–2025

To Be Published : Nov 2017

Commercialization and increasing popularity of the drones in commercial and entertainment applications have led to the considerable increase in the privacy concerns among the population. These include the developed economies such as the U.S, owing to the drones that a

Coherent Market Insights Transportation Management System Market, by Deployment Mode (Cloud/Hosted and on premises), by Application (Aerospace & Defense, Automotive, Chemical, Others), by Mode of Transportation (Railways, Roadways, Airways, Seaways), by Function (Planning & Execution and Fleet Management), and by Geography – Global Industry Insights, Trends, Outlook, and Opportunity Analysis, 2017-25

To Be Published : Nov 2017

Transportation management system software and solution is a tool by shipping professionals to detect the data points of the distribution, warehouse supply, route options, rates, transport network. Transport management system enables the shipping manager to understand

Coherent Market Insights Docking Station Market, by Dock type (Laptop Docks, Hard Drive Docks, Mobile Device Docks), by Technology (Wired Docks, Wireless Docks), by Application (Commercial, Residential) and Geography - Global Insights, Trends, Outlook, and Opportunity Analysis, 2017-2025

To Be Published : Nov 2017

Docking Station is an electronic device, which permits portable computers to connect with other devices. Increasing trend of bring your own device policy has become one of the major factors driving growth of the docking station market globally. According to Coherent M

Coherent Market Insights IT Robotic Automation Market, by Tools (Model-based Application Tools, Process-based Application Tools), by Services (Professional Services and Training), by Operation (Rule-based, Knowledge-based), and by Geography- Global Trends and Forecast to 2025

To Be Published : Nov 2017

Robotic process automation is an application that offers computer software configuration, which helps to capture and interpret the manipulated data, transaction, processing responses, and create a communicating process with other digital systems. The rising demand for

Coherent Market Insights Smart Kitchen Appliances Market by Type (Smart Coffee Maker, Smart Cooker, Smart Cooktop, Smart Dish Washer, Smart Freezer, Smart Kettle, Smart Oven and Smart Refrigerator), by Technology (Bluetooth, Near Field Communication, Wi-Fi), by End Users (Commercial, Residential) and Geography- Global Trends and Forecast to 2025

To Be Published : Nov 2017

Smart kitchen appliances uses technology that have the capability to perform functions faster and cheaper. Smart kitchen appliances are energy efficient appliances relative to traditional kitchen appliances. It consist of feature that automatically switches off the ap

Coherent Market Insights Automotive Sheet Metal Components Market: By Material Type (Aluminum, Steel), By Application (Interior, Drivetrain, Engine, Exterior, Chassis), By Distribution Channels (Wholesaler, Retailer, Online), Global Industry Insights, Trends, Outlook and Opportunity Analysis, 2017-2025

To Be Published : Nov 2017

Automotive Sheet Metal Components are made from steel or aluminum.  These are mainly made by the processes such as cutting, bending, and drawing. Various type of dies and press are used for manufacturing of automotive sheet metal components.

Coherent Market Insights Industrial Internet of Things (IIoT) Market by Services (Professional Services and Managed Services), Solutions (Real-Time Streaming Analytics, Security, Data Management, Remote Monitoring), Platform Type (Device Management, Application Management, Network Management), by Verticals (Agriculture, Manufacturing, Metals and Mining, Oil and Gas) and Geography - Global Forecast to 2025.

To Be Published : Nov 2017

The industrial internet of things is a term used to describe the interconnectivity of industrial processes and manufacturing equipment by adoption of IOT technology. The adoption of sensors in industries have given the birth to industrial IOT market. Sensors help conv

Coherent Market Insights Fog Computing Market , By Solutions (Hardware, Software), By End Use (Building & Home Automation, Smart Energy, Smart Manufacturing, Others), By Application (Smart Grid, Smart Traffic Lights, Wireless Sensors) - Global Industry Insights, Trends, Outlook, and Opportunity Analysis, 2017–2025

To Be Published : Nov 2017

Fog computing also called as fog networking or fogging is used for the architecture provided in the proximity of the users to provide seamless cloud computing user experience. It is also known as edge computing, as it facilitates the functions such as storage, computi

Coherent Market Insights Digital Door Lock System Market By Authentication Type (Magnetic Stripe Locks, Electromechanical Door Locks, Electric Strike Locks, Biometric Access Systems), By End User (Domestic, Commercial, Industrial and Government) - Global Industry Insights, Trends, Outlook, and Opportunity Analysis, 2017–2025

To Be Published : Nov 2017

Digital door lock system market refers to the electronic operated physical access systems that have found significant traction over the past decade owing to the increasing concerns for the safety and security of the personal, private, and organizational assets. Moreov

Coherent Market Insights Narrowband Internet of Things (IoT) chipset Market by devices (Trackers, Wearable Devices, Smart Appliances, Smart Metering, Alarms and Detectors, Others) by Deployment Type (Guard Band, In-band, Standalone), by End-users (Agriculture, Automotive & Transportation, Building Automation, Energy, Healthcare, Infrastructure, Retail, Safety & Security, Others) and Geography - Global Forecast to 2025.

To Be Published : Nov 2017

Narrowband internet of things is a low power wide area network technology specially developed for IOT devices, which requires small amount of data for long time. According to International Energy Agency (IEA), which works to ensure reliable, affordable, and clean ener

Coherent Market Insights Low Bed Trailer Market - Global Industry Insights, Trends, Outlook, and Opportunity Analysis, 2017-2025

To Be Published : Nov 2017

A low bed trailer is utilized in various applications and has the capability to carry loads up to 12 feet high. A low bed trailer is majorly used to carry oversized cargo such as industrial equipment, bulldozers. The high spending for infrastructure development in the

Coherent Market Insights Automotive flywheel Market - Global Industry Insights, Trends, Outlook, and Opportunity Analysis, 2017–2025

To Be Published : Nov 2017

A flywheel is a mechanical device that is designed to store the rotational energy. The increasing demand of fuel efficiency vehicles is a major driver for growth of the global automotive flywheel market. The increasing adoption of duel mass flywheels by various OEMs t

"How Can I Help You" ?

Finding it difficult to find the research that would cater to your business demands? Give us a chance to help you. One of our Research Consultants will connect to provide a customized solution.

Coherent Market Insights Benefits

  • Custom Research Solution

    Talk to our research consultant to design an exclusive report as per your research needs.

  • Customer Fulfilment

    We aim to fulfil client's research demands with tailored research solutions.

  • Quick Turnaround Time Reports

    We aim to provide research studies in quickest turnaround time and in a much cost effective manner.

  • 360-degree Approach

    We cover each industry from supply and demand side with an aim to provide a most holistic research study.

  • Assured Quality

    We strive to provide most accurate and reliable research findings in our research reports.