South Africa Aerospace and Defense Market Summary, Competitive Analysis and Forecast to 2027

South Africa Aerospace and Defense Market Summary, Competitive Analysis and Forecast to 2027
Summary

Aerospace & Defense in South Africa industry profile provides top-line qualitative and quantitative summary information including: market share, 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 South African aerospace & defense market had total revenues of $3.1 billion in 2022, representing a negative compound annual growth rate (CAGR) of 3.6% between 2017 and 2022.The systems & ordnance segment accounted for market's the largest proportion in 2022, with total revenues of $1.5 billion, equivalent to 46.5% of the market's overall value.South Africa’s defense budget declined during the historic period. Supply chain complexity in the aerospace and defense market has increased as a result of the COVID-19 epidemic, labor shortages, and most recently, the Russian invasion of Ukraine.ScopeSave time carrying out entry-level research by identifying the size, growth, major segments, and leading players in the aerospace & defense market in South AfricaUse the Five Forces analysis to determine the competitive intensity and therefore attractiveness of the aerospace & defense market in South AfricaLeading 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 Africa aerospace & defense market with five year forecastsReasons to BuyWhat was the size of the South Africa aerospace & defense market by value in 2022?What will be the size of the South Africa aerospace & defense market in 2027?What factors are affecting the strength of competition in the South Africa aerospace & defense market?How has the market performed over the last five years?Who are the top competitors in South Africa's aerospace & defense market?