The Business
Research Company’s latest report Aerospace Global Market Report 2020 covers
Aerospace market drivers, Aerospace market trends, Aerospace market segments,
Aerospace market growth rate, Aerospace market major players, and Aerospace
market size. The report provides in-depth analysis of the impact of COVID-19 on
the Aerospace industry, along with revised market numbers due to the effects of
the coronavirus.
View Complete Report:
https://www.thebusinessresearchcompany.com/report/aerospace-market
Aerospace Global Market Report 2020 is the
most comprehensive report available on this market and will help gain a truly
global perspective as it covers 60 geographies. The chapter on the impact of
COVID-19 gives valuable insights on supply chain disruptions, logistical
challenges, and other economic implications of the virus on the market. The
chapter also covers markets which have been positively affected by the
pandemic.
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for the sample now:
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The global aerospace market reached a value
of nearly $342.4 billion in 2019, having increased at a compound annual growth
rate (CAGR) of 3.1% since 2015. The market is expected to decrease from $342.4
billion in 2019 to $296.1 billion in 2020 at a rate of -14%. The decline is
mainly due to lockdown and social distancing norms imposed by various countries
and economic slowdown across countries owing to the COVID-19 outbreak and the
measures to contain it. The market is then expected to recover and grow at a
CAGR of 6.5% from 2021 and reach $358.8 billion in 2023.
The report covers the Aerospace market’s
segments-
1. By Type: Commercial Aircraft, Passenger
Aircrafts, Aircraft Engines, Commercial Helicopters, Aircraft Turbines,
Commercial Gliders And Drones, Rocket Engines
2. By Application: Wide-Body, Narrow-Body,
Regional, Others
3. By End-User:
Government, Private Sector.
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