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

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

Aerospace & Defense in Turkey 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 Turkish aerospace & defense market had total revenues of $3.5 billion in 2022, representing a negative compound annual growth rate (CAGR) of 11.1% between 2017 and 2022.The systems & ordnance segment accounted for the market's largest proportion in 2022, with total revenues of $1.4 billion, equivalent to 41.1% of the market's overall value.Turkey and Greece have been engaged in a long dispute over territory in Cyprus. Also, the country’s long-running battle with the PKK, a terrorist organization, is another cause of increasing defense spending, therefore driving market growth.ScopeSave time carrying out entry-level research by identifying the size, growth, major segments, and leading players in the aerospace & defense market in TurkeyUse the Five Forces analysis to determine the competitive intensity and therefore attractiveness of the aerospace & defense market in TurkeyLeading 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 Turkey aerospace & defense market with five year forecasts by both value and volumeReasons to BuyWhat was the size of the Turkey aerospace & defense market by value in 2022?What will be the size of the Turkey aerospace & defense market in 2027?What factors are affecting the strength of competition in the Turkey aerospace & defense market?How has the market performed over the last five years?Who are the top competitors in Turkey's aerospace & defense market?