{"product_id":"global-aerospace-defense-market-2022-2027-key-trends-insights-growth-opportunities-domains-game-changer-technologies-key-defense-programs-market-outlook-defense-budgetary-spending-forecast-through-2027","title":"Global Aerospace \u0026 Defense Market - 2022-2027 - Key Trends \u0026 Insights, Growth Opportunities \u0026 Domains, Game-Changer Technologies, Key Defense Programs, Market Outlook \u0026 Defense Budgetary Spending Forecast through 2027","description":"\u003cp\u003eGlobal Aerospace \u0026amp; Defense Market - 2022-2027 - Key Trends \u0026amp; Insights, Growth Opportunities \u0026amp; Domains, Game-Changer Technologies, Key Defense Programs, Market Outlook \u0026amp; Defense Budgetary Spending Forecast through 2027\u003c\/p\u003e\n\n\u003cp\u003eGlobal Defense Spending has been on a surge over the recent years, reaching the record high level of $2.1 trillion for 2021 while registering a 7% year-on-year growth, amid strong tailwinds and favorable underlying forces led by tectonic shifts in traditional geopolitical dynamics \u0026amp; equations following China’s military ascendance and Russian regional resurgence marking the return of the great power competition in the 21st century. The rise of China \u0026amp; its military bullying in the Asia Pacific region and the ongoing Russian invasion of Ukraine have collectively led to significant turbulence and a subsequent, massive surge in defense spending across APAC \u0026amp; Europe which is likely to be sustained at least through the end of current decade.\u003c\/p\u003e \n\n\u003cp\u003eThe degree of impact of the Russia-Ukraine war and the subsequent monumental geopolitical shifts underway could easily be gauged by Germany’s recent, complete turnaround of its traditional defense posture with an upfront commitment of EUR 100+ billion towards defense and the rapid swerving of traditional neutrals of the North, Sweden \u0026amp; Finland, towards NATO. The defense industrial base across Europe, too, is set for a renaissance at least for the medium term with increasing threat perception levels, rapid shift in defense posture \u0026amp; focus on preparedness with plans for replacement \u0026amp; modernization of ageing, cold-war era defense equipment and leapfrogging of technological capabilities marked by upgrade efforts for legacy platforms, like the British Challenger \u0026amp; French Leclerc MBTs, and the initiation of a number of new defense programs across the old continent led by the Franco-German FCAS \u0026amp; MGCS apart from the British-Italian-Swedish Tempest 6th generation fighter jet program amid increasing environmental uncertainty \u0026amp; volatility, political tensions \u0026amp; risks of escalations.\u003c\/p\u003e\n\n\u003cp\u003eThe U.S. defense industrial base is preparing to switch to the afterburner mode amid increasing environmental uncertainty \u0026amp; volatility, political tensions \u0026amp; risks of escalations following the virtual evaporation of traditional, rule-based world order with:-\u003c\/p\u003e \n\n\u003cp\u003e1. Significant investments towards R\u0026amp;D on next-generation systems \u0026amp; technologies \u003cbr\u003e\n2. Production ramp-up \u0026amp; increase in procurement rates over key programs transitioning towards full-rate production over near-term, like F-35 Lightning II JSF \u003cbr\u003e\n3. The need to meet increasing international demand for traditional systems \u0026amp; capabilities, including, Fighter Jets, ATGMs, MANPADS, Missile Defense Systems and Armor \u0026amp; Artillery\u003cbr\u003e\n4. Ongoing defense equipment assistance to Ukraine necessitating production rate ramp-ups \u0026amp; increases on key programs to backfill inventories across the U.S. \u0026amp; NATO allies\u003c\/p\u003e \n\n\u003cp\u003eFurther, the development of next generation defense systems and technologies continues unabated to match near-peer adversaries in terms of capabilities and to maintain traditional U.S. military overmatch over adversaries leading to continued funding for development of strategic programs \u0026amp; technologies, with the U.S. R\u0026amp;D outlay having grown by 24% between 2012 \u0026amp; 2021, and which is likely to be sustained over medium term with the U.S defense budget likely to be over $800 billion for FY2023.\u003c\/p\u003e\n\n\u003cp\u003eAgainst this backdrop, the report analyzes the Global Aerospace \u0026amp; Defense market with focus on:-\u003c\/p\u003e\n\n\u003cp\u003e1. Key Industry, Market \u0026amp; Technology trends likely to shape the industry’s evolution over medium term - Analysis \u0026amp; Impact\u003cbr\u003e\n2. Key Growth Domains which are likely to spearhead top line growth over medium term - Potential Scale \u0026amp; Scope of the Opportunities\u003cbr\u003e\n3. Defense Spending Trends, Analysis \u0026amp; the Road Ahead - Growth Areas, Key Markets \u0026amp; Emerging Opportunities\u003cbr\u003e\n4. Key Upcoming, Strategic Defense Programs over medium term - Detailed Program Factsheets \u0026amp; Opportunities\u003cbr\u003e\n5. Emerging \u0026amp; Game Changer Technologies - Focus Areas, Key OEMs, Contract Awards, Initiatives \u0026amp; Latest Developments\u003c\/p\u003e\n\n\u003cp\u003eFor Whom:-\u003c\/p\u003e\n\n\u003cp\u003eThe report would be critical \u0026amp; essential for A\u0026amp;D professionals with its niche content. It will be a key and vital information resource on the Global Aerospace \u0026amp; Defense market with its unique disposition \u0026amp; focus. The report would be a must have for those belonging to the industry \u0026amp; having strategic interests as well as stakes in the Global Aerospace \u0026amp; Defense Market \u0026amp; its evolution going forward. The report will be extremely useful for Leaders \u0026amp; Key Decision-Makers, Top Management of Industry Players \u0026amp; Companies, Program Managers, Global Procurement Managers, Defense Contracting Executives \u0026amp; Departments, Industry OEMs, Suppliers, Vendors, Associated Equipment Manufacturers and other Key Players in the Industry Value Chain. The report will also be useful for existing \u0026amp; potential Investors, Industry \u0026amp; Company Analysts, M\u0026amp;A Advisory Firms, Strategy \u0026amp; Management Consulting Firms, PE Firms, Venture Capitalists, Financing \u0026amp; Leasing Companies, Researchers and all those associated with the Global Aerospace \u0026amp; Defense industry.\u003c\/p\u003e","brand":"Public Sector","offers":[{"title":"October, 2022 \/ 150 Pages \/ MCW16266873","offer_id":47700280607026,"sku":null,"price":1194.0,"currency_code":"USD","in_stock":true}],"url":"https:\/\/www.hardmanwell.com\/products\/global-aerospace-defense-market-2022-2027-key-trends-insights-growth-opportunities-domains-game-changer-technologies-key-defense-programs-market-outlook-defense-budgetary-spending-forecast-through-2027","provider":"HARDMAN AND WELL MANAGEMENT CONSULTANCIES L.L.C","version":"1.0","type":"link"}