Taiwan Aerospace and Defense Market Summary, Competitive Analysis and Forecast to 2027

Taiwan Aerospace and Defense Market Summary, Competitive Analysis and Forecast to 2027
Summary

Aerospace & Defense in Taiwan industry profile provides top-line qualitative and quantitative summary information including: market share, market size (value and volume 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 Taiwanese aerospace & defense market had total revenues of $4.4 billion in 2022, representing a negative compound annual growth rate (CAGR) of 8.9% between 2017 and 2022.The military aircraft segment accounted for the market's largest proportion in 2022, with total revenues of $1.9 billion, equivalent to 44.2% of the market's overall value.Taiwan intends to expand its defense spending with considerable and consistent investments in defense procurements in order to mitigate the threat from China. According to GlobalData, in 2022, the defense expenditure of Taiwan stood at $14 billion, witnessing a growth of 34.4% 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 TaiwanUse the Five Forces analysis to determine the competitive intensity and therefore attractiveness of the aerospace & defense market in TaiwanLeading 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 Taiwan aerospace & defense market with five year forecasts by both value and volumeReasons to BuyWhat was the size of the Taiwan aerospace & defense market by value in 2022?What will be the size of the Taiwan aerospace & defense market in 2027?What factors are affecting the strength of competition in the Taiwan aerospace & defense market?How has the market performed over the last five years?Who are the top competitors in Taiwan's aerospace & defense market?