Aerospace Industry Market
English Public
Aerospace Industry Market Research
The global aerospace market size was estimated at USD 322.7 billion in 2023 and is projected to grow at a CAGR of 7.91% during the forecast period 2023-2035 to reach approximately USD 679.39 billion by 2035.
Aerospace and Defence Market Research Report
Japan is world-renowned for its aerospace industry, which focuses on research and development. According to the Ministry of Economy, Trade and Industry (METI), the total production value of aircraft was USD 16.60 billion in 2019, and the Government spends approximately 2.1% of its general expenditure in 2020 on military spending. Increasing frequency of earthquakes and other natural disasters is expected to drive industry growth in areas such as emergency medical services and disaster relief operations.
For more information on the Aerospace Industry Market Study, click here: https://www.sdki.jp/industries/aerospace-and-defence/
The global aerospace market size was estimated at USD 322.7 billion in 2023 and is projected to grow at a CAGR of 7.91% during the forecast period 2023-2035 to reach approximately USD 679.39 billion by 2035.
Aerospace and Defence Market Research Report
Japan is world-renowned for its aerospace industry, which focuses on research and development. According to the Ministry of Economy, Trade and Industry (METI), the total production value of aircraft was USD 16.60 billion in 2019, and the Government spends approximately 2.1% of its general expenditure in 2020 on military spending. Increasing frequency of earthquakes and other natural disasters is expected to drive industry growth in areas such as emergency medical services and disaster relief operations.
For more information on the Aerospace Industry Market Study, click here: https://www.sdki.jp/industries/aerospace-and-defence/
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