PUNE, INDIA, March 13, 2018 /EINPresswire.com/ — WiseGuyReports.com with their unique quality of simplifying the market research study, presents a deep diving study report “Aerospace & Defense Global Industry Almanac 2017-2021”
Aerospace & Defense Industry
Global Aerospace & Defense industry profile provides top-line qualitative and quantitative summary information including: market size (value 2012-16, and forecast to 2021). The profile also contains descriptions of the leading players including key financial metrics and analysis of competitive pressures within the market.
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Major Highlight of the Report
– The civil aerospace segment is deemed to be the revenues accrued by manufacturers from all civil aerospace procurement. The valuation of the military aircraft, military vehicles, naval vessels, systems & ordnance, and other defense segments is based on capital expenditure (CAPEX), which is defined as expenditure on research and development (R&D), procurement and maintenance of weaponry and other military equipment.
Such procurements only include equipment, parts, and maintenance (EPM); other elements of military spending, such as personnel and buildings, are omitted.
Any currency conversions used in the creation of this report have been calculated using constant 2016 annual average exchange rates.
The global aerospace & defense market had total revenues of $865.6bn in 2016, representing a compound annual growth rate (CAGR) of 2.2% between 2012 and 2016.
The civil aerospace segment was the market's most lucrative in 2016, with total revenues of $570.5bn, equivalent to 65.9% of the market's overall value.
Global demand for civilian aircraft has grown, most notably in developing Asian economies. Defense spending has increased in some countries, but for the most part developed economies have been neglecting the military budgets due to budget constraints.
Aerospace & Defense Industry Major Outlook
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– Compares data from the US, Canada, Germany, France, UK, Italy, Russia and Japan, alongside individual chapters on each country.
Aerospace & Defense Industry – Competitive Analysis
Key players are making innovative developments in Aerospace & Defense Industry. The same will help in improving the market performance. Heavy investments are made by major players in the R&D sector
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Source: EIN Presswire