United Kingdom (UK) Aerospace and Defense Market Summary, Competitive Analysis and Forecast to 2027

United Kingdom (UK) Aerospace and Defense Market Summary, Competitive Analysis and Forecast to 2027
Summary

Aerospace & Defense in the United Kingdom 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 UK aerospace & defense market had total revenues of $9.5 billion in 2022, representing a negative compound annual growth rate (CAGR) of 4.8% between 2017 and 2022.The naval vessels segment accounted for the market's largest proportion in 2022, with total revenues of $3.5 billion, equivalent to 37% of the market's overall value.The UK has gradually increased its defense budget as part of a larger initiative to modernize and improve the platforms and equipment used by the various branches of the armed forces. As a NATO member, the UK is required to devote 2% of its annual GDP to defense.ScopeSave time carrying out entry-level research by identifying the size, growth, major segments, and leading players in the aerospace & defense market in the United KingdomUse the Five Forces analysis to determine the competitive intensity and therefore attractiveness of the aerospace & defense market in the United KingdomLeading 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 United Kingdom aerospace & defense market with five year forecastsReasons to BuyWhat was the size of the United Kingdom aerospace & defense market by value in 2022?What will be the size of the United Kingdom aerospace & defense market in 2027?What factors are affecting the strength of competition in the United Kingdom aerospace & defense market?How has the market performed over the last five years?What are the main segments that make up the United Kingdom's aerospace & defense market?