Aerospace and Defense in South Korea - Market Summary, Competitive Analysis and Forecast to 2025

Aerospace and Defense in South Korea - Market Summary, Competitive Analysis and Forecast to 2025

Summary

Aerospace & Defense in South Korea industry profile provides top-line qualitative and quantitative summary information including: market size (value 2016-20, and forecast to 2025). The profile also contains descriptions of the leading players including key financial metrics and analysis of competitive pressures within the market.

Key Highlights

The aerospace & defense market consists of (1) the civilian aerospace market and (2) the military aerospace and defense market.The South Korean aerospace & defense market had total revenues of $19.9bn in 2020, representing a compound annual rate of change (CARC) of -12.7% between 2016 and 2020.The civil aerospace segment was the market's most lucrative in 2020, with total revenues of $8.4bn, equivalent to 42% of the market's overall value.Endowed with a robust, highly industrialized economy, South Korea has traditionally used its economic growth to finance its military modernization programs.ScopeSave time carrying out entry-level research by identifying the size, growth, major segments, and leading players in the aerospace & defense market in South KoreaUse the Five Forces analysis to determine the competitive intensity and therefore attractiveness of the aerospace & defense market in South KoreaLeading company profiles reveal details of key aerospace & defense market players’ global operations and financial performanceAdd weight to presentations and pitches by understanding the future growth prospects of the South Korea aerospace & defense market with five year forecastsReasons to BuyWhat was the size of the South Korea aerospace & defense market by value in 2020?What will be the size of the South Korea aerospace & defense market in 2025?What factors are affecting the strength of competition in the South Korea aerospace & defense market?How has the market performed over the last five years?What are the main segments that make up South Korea's aerospace & defense market?