New Zealand Aerospace and Defense Market Summary, Competitive Analysis and Forecast to 2027

New Zealand Aerospace and Defense Market Summary, Competitive Analysis and Forecast to 2027
Summary

Aerospace & Defense in New Zealand industry profile provides top-line qualitative and quantitative summary information including: market size (value 2017-22, and forecast to 2027). The profile also contains descriptions of the leading players including key financial metrics and analysis of competitive pressures within the market.

Key HighlightsThe market size of military aerospace and defense market includes the sum of the revenues generated from signed deals that remain under contract and new contracts signed within a particular calendar year.The New Zealand aerospace & defense market had total revenues of $357.5 million in 2022, representing a negative compound annual growth rate (CAGR) of 12.3% between 2017 and 2022.The military aircraft segment accounted for the market's largest proportion in 2022, with total revenues of $189.2 million, equivalent to 52.9% of the market's overall value.The government of New Zealand is prioritizing investments in reorganizing its defense capability due to the requirement to build a more resilient and robust defense force. According to GlobalData, in 2022, the defense expenditure of New Zealand stood at $2 billion, witnessing a growth of 25.5% over 2019.ScopeSave time carrying out entry-level research by identifying the size, growth, major segments, and leading players in the aerospace & defense market in New ZealandUse the Five Forces analysis to determine the competitive intensity and therefore attractiveness of the aerospace & defense market in New ZealandLeading 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 New Zealand aerospace & defense market with five year forecastsReasons to BuyWhat was the size of the New Zealand aerospace & defense market by value in 2022?What will be the size of the New Zealand aerospace & defense market in 2027?What factors are affecting the strength of competition in the New Zealand aerospace & defense market?How has the market performed over the last five years?What are the main segments that make up New Zealand's aerospace & defense market?