Aerospace Engineering Services Market
Aerospace Engineering Services Market Analysis by System Engineering, Design, and Development Services for Aero Structures, Aero Engines, Aero Systems, and Interiors from 2023 to 2033
Analysis of Aerospace Engineering Services Market Covering 30+ Countries Including Analysis of US, Canada, UK, Germany, France, Nordics, GCC countries, Japan, Korea and many more
Aerospace Engineering Services Market Outlook (2023 to 2033)
The global aerospace engineering services market is expected to reach a valuation of US$ 48.7 billion in 2023. During the forecast period (2023-2033), worldwide demand for aerospace engineering services is projected to increase at a CAGR of 5.8% and reach a market size of US$ 81.7 billion by the end of 2033.
The increased production of airplanes for both civil and military purposes will be a key factor propelling the demand for aerospace engineers (aeronautical engineers) and escalate market growth. According to the United States Census Bureau, globally, the number of individuals working as aerospace engineers increased by around 3.0%, from 2020 to 2022 to reach a total number of 135,000 in 2022.
Aerospace engineers work in a variety of industries, but the production of aircraft and its components employs most of them (76.0%), followed by aerospace products and parts (8.3%), and architectural, engineering, and related services (4.2%).
Report Attributes | Details |
---|---|
Aerospace Engineering Services Market Size (2022A) | US$ 43.9 Billion |
Estimated Market Value (2023E) | US$ 46.5 Billion |
Forecasted Market Value (2033F) | US$ 81.7 Billion |
Global Market Growth Rate (2023 to 2033) | ~5.8% CAGR |
North America Market Share (2022) | ~36.5% |
East Asia Market Growth Rate (2023 to 2033) | ~6.9% CAGR |
United States Market Growth Rate (2023 to 2033) | ~5.5% CAGR |
Key Companies Profiled | Able Aerospace Services; Belcan; Collins Aerospace; CYIENT; Griffon Aerospace; HCLTech; Infosys; L&T Technology Services; L3Harris; MAG Aerospace; Mahindra Aerospace; Quest Global; Safran Engineering Services; Sheffield Aerospace; Stress Engineering Services; Other Key Players |
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Aircraft modernization: an essential factor uplifting aerospace engineering services
Globally aircraft are witnessing immense modernization in terms from structure to engine. There is various concern associated with the life cycle of aircraft, sustainability, and others. Aerospace engineering service providers substantially help in the modernization of aircraft, where necessary equipment & advanced technologies are integrated to gain optimum productivity and efficiency of the aircraft.
Growing air traffic and growing investment to develop military aircraft are creating a new opportunity for the market players. The industry predominantly gained push from economic, political, and technological factors where tremendous aircraft design and development is witnessed. This also promotes the sustainability of aircraft for a longer duration.
- Short Term (2023 to 2026): The industry gained traction during post pandemic where tremendous growth is observed in air travel. Economies worldwide are expected to see healthy growth in GDP resulting in significant development of aircraft both for civil and defense purposes. This will leverage the demand for aerospace engineering services.
- Medium Term (2026 to 2029): Geopolitical issues were witnessed worldwide which has pushed government investment toward the development of defense aircraft. In the mid-term, a healthy demand for aerospace engineering service providers will be observed to supplement the overall demand for aircraft with modern technology and equipment.
- Long Term (2029 to 2033): The engineering service industry will be the key factor for the overall development of economies and infrastructure. Professional and skillful aircraft engineers will grow in numbers compared to the current scenario in long run, which will overcome the dearth of skilled professionals in the industry. The high number of aircraft will be requiring a significant number of engineers for timely upgradation and modernization of aircraft.
North America and Europe together account for more than 60.0% of the share in the global aerospace engineering services market.
The above-provided image depicts the market split into the region and application. In the application segment, Aerostructures account for the leading share with 32.0% of the total aerospace engineering services market. Whereas, the market is projected to rise with a CAGR of about 5.8% during the forecast period (2023 to 2033)
Factors driving the global aerospace engineering services market
“Growing aircraft development worldwide”
Aerospace engineering services are primarily driven by the rising development of aircraft worldwide. The increasing disposable income of people and tourism has resulted in the significant utility of civil aircraft. To meet the excessive demand of people traveling in aircraft, the production of aircraft in both developed and developing were increased.
Also, the production of military and defense aircraft is witnessed in significant numbers worldwide. Increasing warfare and government spending towards strengthening the military & defense sector of the economy is a prominent factor that resulted in significant growth in the development of military aircraft. Owing to these factors, the demand for aerospace engineering is growing and is projected to have substantial demand in the forthcoming period.
“Progressive government action toward aircraft development”
Worldwide governments are taking effective moves towards improving the defense system and development of aircraft facilities. Through these initiatives, various investments, funding, and guidelines are witnessed in developed and developing economies. These initiatives are substantially pushing the demand for aerospace engineering services, as designing, repairing and modernization of aircraft is the key focus of the government.
As per the Government Accountability Office, the Department of Defense of the United States has substantially invested about US$ 100 billion to upgrade its tactical aircraft.
The initiative includes developing & buying new aircraft and modernizing the existing aircraft. Similarly, in 2022, the United Kingdom government announced an investment of about US$ 333.7 million towards the development of innovative aircraft technologies like solar-powered aircraft and ultra-efficient wings. All these government goals intending to improvise the aerospace sector will substantially propel the demand for aerospace engineering services worldwide.
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Factors challenging the market expansion
“Dearth of skilled professionals”
The aerospace industry is in a constant phase of modernization. New technologies, innovations, and designs are introduced by engineers to produce cost-efficient and lower-emission products. However, the shortage of skilled professionals is hampering the market growth.
The rise in newly graduated engineers and the aging of the existing ones is resulting in a challenging scenario for aircraft service providers. With the substantial development in the aerospace sector, the demand for skilled professionals is extremely high in the industry.
Also, Training cost comprises of a large portion of the operation profit of the company. In the case of offering training to the engineers, the operating profit and time of the company will be sacrificed and substantially impacts in overall profitability of the business. Owing to these challenging factors, the market is likely to get hampered during the upcoming period.
Country-wise Insights
Why is the demand for aerospace engineering services increasing in the United States?
The United States aerospace engineering services market is projected to expand at a CAGR of 5.5% from 2023 to 2033.
Aerospace engineering services is witnessed prominent growth in the United States. The economy has a brief history of aerospace trade, with aerospace exports growing at an average rate of 5.3% over the past 10 years and the aerospace trade balance rising at an average rate of 4.6% percent since 2010. These factors substantially impact the demand for aerospace engineers and service providers to support the increasing aircraft production and timely implementation of repair and refurbishment activities of the imported aircraft & equipment.
Civil aircraft development is witnessed substantially high in the country. As the air traffic both international and domestic is increased in the United States. As per the Bureau of Transportation Statistics, American Airlines carried 82.5% more passengers in 2021 (674 million, not including seasonal adjustments) than in 2020. (369 million, unadjusted). This has resulted in the excessive development of new aircraft. Private players and government authorities both invested substantially in the new aircraft development which tremendously boosts the aerospace engineering services demand in the region.
Which factors are contributing to India’s aerospace engineering services market growth?
The government's focus on the development of new aircraft in the region will escalate the demand for aerospace engineering services in India. As per the Union budget 2023-24, the Indian government has planned to invest in indigenous fighter aircraft development in the near future. This will leverage the demand for engineers in the nation during the forthcoming period.
Also, it is projected that by 2024, the nation is anticipated to rank third in the global aviation markets. The Indian aviation industry will grow steadily as a result of rising income, an expanding mid-segment, competition among low-cost carriers, investments in airport infrastructure, and supportive government policies. These all factors will positively escalate the demand for skilled professionals in aerospace design and development and create a lucrative opportunity for market development in the upcoming period.
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Category-wise Insights
Design and development services witnessed notable demand in the market
Aerospace engineering service providers offer vivid services to the Original Equipment Manufacturers (OEMs) and authorized suppliers including system engineering, design and development services, manufacturing support services, and others. Since aviation firms are concentrating on having cutting-edge and reasonably priced aircraft that will benefit them in increasing operating profit and being environmentally friendly which will escalate the demand for design and development services substantially.
The design and development services account for roughly 43.0% of the share in the market. These contemporary aircraft designs will emphasize integrating new technologies and systems with existing and cutting-edge setups. Additionally, it will have brand-new designs, components, and manufacturing techniques that aim to produce high-performance, cost-efficient military, and civil aircraft, respectively. This will result in demand for aircraft engineering service providers from both the private and public sectors that will offer prominent design and development of civil and military aircraft.
Aerospace engineering services have the most utility in aerostructure
Aerospace engineering services has application in aerostructure process, avionics, interior and many others. Whereas, aerostructure has the most utility of aerospace engineering services. Since aerostructure is a most essential and fundamental process it includes proper design and development of wings, flight control surfaces, fuselage, and others. Owing to this factor aerostructures manufacturers are required skillful aircraft engineers with a diversified and brief knowledge of aircraft structuring.
Civil aircraft are manufactured the most across the globe which attracts a tremendous number of aerospace engineering services for designing and developing aircraft structures. With the global initiative of market players and government regarding the development of aircraft with lower carbon emissions and modern features, these services will gain substantial demand in the upcoming years.
Competitive Landscape
Key market participants in the aerospace engineering services market are Airbus, Alten Group, BAE Systems, Blue Origin, Boeing, Collins Aerospace, General Dynamics, Honeywell, Lockheed Martin, Northrop Grumman, Reaction Engines, Rolls Royce, Safran, SpaceX, Textron Aviation and other key players.
The aerospace engineering services market is highly fragmented with the presence of various established and new market players in the industry. These market players are taking strategic moves like partnership and acquisition to stay competitive in the market, strengthening their customer base and market share. For instance,
- In December 2020, Rolls-Royce announced the partnership with Infosys for sourcing engineering and R&D services for Rolls-Royce’s civil aerospace business.
- In December 2022, AXISCADES Technologies Ltd., a leader in the creation of cutting-edge technological solutions for the aerospace sector, recently revealed that Airbus, a leading global player in the sector, has once again chosen the company to offer engineering services for product design and development and plant engineering for all Airbus aircraft programmers.
Fact.MR has provided detailed information about the provider of aerospace engineering services market positioned across regions, revenue growth, and service offering expansion, in the recently published report.
Segmentation of the Aerospace Engineering Services Market
-
By Service Type :
- System Engineering
- Design and Development Services
- Certification Services
- Manufacturing Support Services
- After market Services
-
By Application :
- Aerostructures
- Aero Engines
- Aerosystem
- Avionics
- Interiors
-
By Customer Type :
- OEM
- Authorised Supplier
-
By Sector :
- Civil Aviation
- Defence Aviation
-
By Region :
- North America
- Latin America
- Europe
- East Asia
- South Asia & Oceania
- Middle East & Africa
Table of Content
- 1. Executive Summary - Global Market
- 2. Market Overview
- 3. Market Characteristic – Bird Eye View
- 4. Market Background and Foundation Data
- 5. Global Market Analysis and Forecast
- 6. Global Market Analysis and Forecast, By Service Type
- 6.1. System Engineering
- 6.2. Design and Development Services
- 6.3. Certification Services
- 6.4. Manufacturing Support Services
- 6.5. After Market Services
- 7. Global Market Analysis and Forecast, By Application
- 7.1. Aerostructures
- 7.2. Aero Engines
- 7.3. Aerosystem
- 7.4. Avionics
- 7.5. Interiors
- 8. Global Market Analysis and Forecast, By Customer Type
- 8.1. OEM
- 8.2. Authorized Supplier
- 9. Global Market Analysis and Forecast, By Sector
- 9.1. Civil Aviation
- 9.2. Defense Aviation
- 10. Global Market Analysis and Forecast, By Region
- 10.1. North America
- 10.2. Latin America
- 10.3. Europe
- 10.4. East Asia
- 10.5. South Asia and Oceania
- 10.6. Middle East & Africa
- 11. North America Market Analysis and Forecast
- 12. Latin America Market Analysis and Forecast
- 13. Europe Market Analysis and Forecast
- 14. East Asia Market Analysis and Forecast
- 15. South Asia & Oceania Market Analysis and Forecast
- 16. Middle East & Africa Market Analysis and Forecast
- 17. Country-level Market Analysis and Forecast
- 18. Market Structure Analysis
- 19. Competition Analysis
- 19.1. Able Aerospace Services
- 19.2. Belcan
- 19.3. Collins Aerospace
- 19.4. CYIENT
- 19.5. Griffon Aerospace
- 19.6. HCLTech
- 19.7. Infosys
- 19.8. L&T Technology Services
- 19.9. L3Harris
- 19.10. MAG Aerospace
- 19.11. Mahindra Aerospace
- 19.12. Quest Global
- 19.13. Safran Engineering Services
- 19.14. Sheffield Aerospace
- 19.15. Stress Engineering Services
- 19.16. Other Key Players
- 20. Assumptions & Acronyms Used
- 21. Research Methodology
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List Of Table
Table 1: Global Market Value (US$ Billion) and Forecast By Region, 2018 to 2022
Table 2: Global Market Value (US$ Billion) and Forecast By Region, 2023 to 2033
Table 3: Global Market Value (US$ Billion) and Forecast By Service Type, 2018 to 2022
Table 4: Global Market Value (US$ Billion) and Forecast By Service Type, 2023 to 2033
Table 5: Global Market Value (US$ Billion) and Forecast By Application, 2018 to 2022
Table 6: Global Market Value (US$ Billion) and Forecast By Application, 2023 to 2033
Table 7: Global Market Value (US$ Billion) and Forecast By Customer Type, 2018 to 2022
Table 8: Global Market Value (US$ Billion) and Forecast By Customer Type, 2023 to 2033
Table 9: Global Market Value (US$ Billion) and Forecast By Sector, 2018 to 2022
Table 10: Global Market Value (US$ Billion) and Forecast By Sector, 2023 to 2033
Table 11: North America Market Value (US$ Billion) and Forecast By Country, 2018 to 2022
Table 12: North America Market Value (US$ Billion) and Forecast By Country, 2023 to 2033
Table 13: North America Market Value (US$ Billion) and Forecast By Service Type, 2018 to 2022
Table 14: North America Market Value (US$ Billion) and Forecast By Service Type, 2023 to 2033
Table 15: North America Market Value (US$ Billion) and Forecast By Application, 2018 to 2022
Table 16: North America Market Value (US$ Billion) and Forecast By Application, 2023 to 2033
Table 17: Global Market Value (US$ Billion) and Forecast By Customer Type, 2018 to 2022
Table 18: Global Market Value (US$ Billion) and Forecast By Customer Type, 2023 to 2033
Table 19: Global Market Value (US$ Billion) and Forecast By Sector, 2018 to 2022
Table 20: Global Market Value (US$ Billion) and Forecast By Sector, 2023 to 2033
Table 21: Latin America Market Value (US$ Billion) and Forecast By Country, 2018 to 2022
Table 22: Latin America Market Value (US$ Billion) and Forecast By Country, 2023 to 2033
Table 23: Latin America Market Value (US$ Billion) and Forecast By Service Type, 2018 to 2022
Table 24: Latin America Market Value (US$ Billion) and Forecast By Service Type, 2023 to 2033
Table 25: Latin America Market Value (US$ Billion) and Forecast By Application, 2018 to 2022
Table 26: Latin America Market Value (US$ Billion) and Forecast By Application, 2023 to 2033
Table 27: Latin America Market Value (US$ Billion) and Forecast By Customer Type, 2018 to 2022
Table 28: Latin America Market Value (US$ Billion) and Forecast By Customer Type, 2023 to 2033
Table 29: Latin America Market Value (US$ Billion) and Forecast By Sector, 2018 to 2022
Table 30: Latin America Market Value (US$ Billion) and Forecast By Sector, 2023 to 2033
Table 31: Europe Market Value (US$ Billion) and Forecast By Country, 2018 to 2022
Table 32: Europe Market Value (US$ Billion) and Forecast By Country, 2023 to 2033
Table 33: Europe Market Value (US$ Billion) and Forecast By Service Type, 2018 to 2022
Table 34: Europe Market Value (US$ Billion) and Forecast By Service Type, 2023 to 2033
Table 35: Europe Market Value (US$ Billion) and Forecast By Application, 2018 to 2022
Table 36: Europe Market Value (US$ Billion) and Forecast By Application, 2023 to 2033
Table 37: Europe Market Value (US$ Billion) and Forecast By Customer Type, 2018 to 2022
Table 38: Europe Market Value (US$ Billion) and Forecast By Customer Type, 2023 to 2033
Table 39: Europe Market Value (US$ Billion) and Forecast By Sector, 2018 to 2022
Table 40: Europe Market Value (US$ Billion) and Forecast By Sector, 2023 to 2033
Table 41: East Asia Market Value (US$ Billion) and Forecast By Country, 2018 to 2022
Table 42: East Asia Market Value (US$ Billion) and Forecast By Country, 2023 to 2033
Table 43: East Asia Market Value (US$ Billion) and Forecast By Service Type, 2023 to 2033
Table 44: East Asia Market Value (US$ Billion) and Forecast By Application, 2018 to 2022
Table 45: East Asia Market Value (US$ Billion) and Forecast By Application, 2023 to 2033
Table 46: East Asia Market Value (US$ Billion) and Forecast By Customer Type, 2023 to 2033
Table 47: East Asia Market Value (US$ Billion) and Forecast By Customer Type, 2023 to 2033
Table 48: East Asia Market Value (US$ Billion) and Forecast By Sector, 2023 to 2033
Table 49: East Asia Market Value (US$ Billion) and Forecast By Sector, 2023 to 2033
Table 50: South Asia & Oceania Market Value (US$ Billion) and Forecast By Country, 2018 to 2022
Table 51: South Asia & Oceania Market Value (US$ Billion) and Forecast By Country, 2023 to 2033
Table 52: South Asia & Oceania Market Value (US$ Billion) and Forecast By Service Type, 2018 to 2022
Table 53: South Asia & Oceania Market Value (US$ Billion) and Forecast By Service Type, 2023 to 2033
Table 54: South Asia & Oceania Market Value (US$ Billion) and Forecast By Application, 2018 to 2022
Table 55: South Asia & Oceania Market Value (US$ Billion) and Forecast By Application, 2023 to 2033
Table 56: South Asia & Oceania Market Value (US$ Billion) and Forecast By Customer Type, 2018 to 2022
Table 57: South Asia & Oceania Market Value (US$ Billion) and Forecast By Customer Type, 2023 to 2033
Table 58: South Asia & Oceania Market Value (US$ Billion) and Forecast By Sector, 2018 to 2022
Table 59: South Asia & Oceania Market Value (US$ Billion) and Forecast By Sector, 2023 to 2033
Table 60: Middle East & Africa Market Value (US$ Billion) and Forecast By Country, 2018 to 2022
Table 61: Middle East & Africa Market Value (US$ Billion) and Forecast By Country, 2023 to 2033
Table 62: Middle East & Africa Market Value (US$ Billion) and Forecast By Service Type, 2018 to 2022
Table 63: Middle East & Africa Market Value (US$ Billion) and Forecast By Service Type, 2023 to 2033
Table 64: Middle East & Africa Market Value (US$ Billion) and Forecast By Application, 2018 to 2022
Table 65: Middle East & Africa Market Value (US$ Billion) and Forecast By Application, 2023 to 2033
Table 66: Middle East & Africa Market Value (US$ Billion) and Forecast By Customer Type, 2018 to 2022
Table 67: Middle East & Africa Market Value (US$ Billion) and Forecast By Customer Type, 2023 to 2033
Table 68: Middle East & Africa Market Value (US$ Billion) and Forecast By Sector, 2018 to 2022
Table 69: Middle East & Africa Market Value (US$ Billion) and Forecast By Sector, 2023 to 2033
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List Of Figures
Figure 1: Global Market Value (US$ Billion) Forecast, 2023 to 2033
Figure 2: Global Market Absolute $ Opportunity (US$ Billion), 2023 to 2033
Figure 3: Global Market Value (US$ Billion) By Region, 2023 & 2033
Figure 4: Global Market Y-o-Y Growth Rate By Region, 2023 to 2033
Figure 5: Global Market Value (US$ Billion) By Service Type, 2023 & 2033
Figure 6: Global Market Y-o-Y Growth Rate By Service Type, 2023 to 2033
Figure 7: Global Market Value (US$ Billion) By Application, 2023 & 2033
Figure 8: Global Market Y-o-Y Growth Rate By Application, 2023 to 2033
Figure 9: Global Market Y-o-Y Growth Rate By Customer Type, 2023 to 2033
Figure 10: Global Market Y-o-Y Growth Rate By Customer Type, 2023 to 2033
Figure 11: Global Market Y-o-Y Growth Rate By Sector, 2023 to 2033
Figure 12: Global Market Y-o-Y Growth Rate By Sector, 2023 to 2033
Figure 13: North America Market Value (US$ Billion) Forecast, 2023 to 2033
Figure 14: North America Market Absolute $ Opportunity (US$ Billion), 2023 to 2033
Figure 15: North America Market Value (US$ Billion) By Country, 2023 & 2033
Figure 16: North America Market Y-o-Y Growth Rate By Country, 2023 to 2033
Figure 17: North America Market Value (US$ Billion) By Service Type, 2023 & 2033
Figure 18: North America Market Y-o-Y Growth Rate By Service Type, 2023 to 2033
Figure 19: North America Market Value (US$ Billion) By Application, 2023 & 2033
Figure 20: North America Market Y-o-Y Growth Rate By Application, 2023 to 2033
Figure 21: North America Market Value (US$ Billion) By Customer Type, 2023 & 2033
Figure 22: North America Market Y-o-Y Growth Rate By Customer Type, 2023 to 2033
Figure 23: North America Market Value (US$ Billion) By Sector, 2023 & 2033
Figure 24: North America Market Y-o-Y Growth Rate By Sector, 2023 to 2033
Figure 25: North America Market Attractiveness Analysis By Country, 2023 to 2033
Figure 26: North America Market Attractiveness Analysis By Service Type, 2023 to 2033
Figure 27: North America Market Attractiveness Analysis By Application, 2023 to 2033
Figure 28: North America Market Attractiveness Analysis By Customer Type, 2023 to 2033
Figure 29: North America Market Attractiveness Analysis By Sector, 2023 to 2033
Figure 30: Latin America Market Value (US$ Billion) Forecast, 2023 to 2033
Figure 31: Latin America Market Absolute $ Opportunity (US$ Billion), 2023 to 2033
Figure 32: Latin America Market Value (US$ Billion) By Country, 2023 & 2033
Figure 33: Latin America Market Y-o-Y Growth Rate By Country, 2023 to 2033
Figure 34: Latin America Market Value (US$ Billion) By Service Type, 2023 & 2033
Figure 35: Latin America Market Y-o-Y Growth Rate By Service Type, 2023 to 2033
Figure 36: Latin America Market Value (US$ Billion) By Application, 2023 & 2033
Figure 37: Latin America Market Y-o-Y Growth Rate By Application, 2023 to 2033
Figure 38: Latin America Market Value (US$ Billion) By Customer Type, 2023 & 2033
Figure 39: Latin America Market Y-o-Y Growth Rate By Customer Type, 2023 to 2033
Figure 40: Latin America Market Value (US$ Billion) By Sector, 2023 & 2033
Figure 41: Latin America Market Y-o-Y Growth Rate By Sector, 2023 to 2033
Figure 42: Latin America Market Attractiveness Analysis By Country, 2023 to 2033
Figure 43: Latin America Market Attractiveness Analysis By Service Type, 2023 to 2033
Figure 44: Latin America Market Attractiveness Analysis By Application, 2023 to 2033
Figure 45: Latin America Market Value (US$ Billion) By Customer Type, 2023 & 2033
Figure 46: Latin America Market Y-o-Y Growth Rate By Sector, 2023 to 2033
Figure 47: Europe Market Value (US$ Billion) Forecast, 2023 to 2033
Figure 48: Europe Market Absolute $ Opportunity (US$ Billion), 2023 to 2033
Figure 49: Europe Market Value (US$ Billion) By Country, 2023 & 2033
Figure 50: Europe Market Y-o-Y Growth Rate By Country, 2023 to 2033
Figure 51: Europe Market Value (US$ Billion) By Service Type, 2023 & 2033
Figure 52: Europe Market Y-o-Y Growth Rate By Service Type, 2023 to 2033
Figure 53: Europe Market Value (US$ Billion) By Application, 2023 & 2033
Figure 54: Europe Market Y-o-Y Growth Rate By Application, 2023 to 2033
Figure 55: Europe Market Value (US$ Billion) By Customer Type, 2023 & 2033
Figure 56: Europe Market Y-o-Y Growth Rate By Customer Type, 2023 to 2033
Figure 57: Europe Market Value (US$ Billion) By Sector, 2023 & 2033
Figure 58: Europe Market Y-o-Y Growth Rate By Sector, 2023 to 2033
Figure 59: Europe Market Attractiveness Analysis By Country, 2023 to 2033
Figure 60: Europe Market Attractiveness Analysis By Service Type, 2023 to 2033
Figure 61: Europe Market Attractiveness Analysis By Application, 2023 to 2033
Figure 62: Europe Market Attractiveness Analysis By Customer Type, 2023 to 2033
Figure 63: Europe Market Attractiveness Analysis By Sector, 2023 to 2033
Figure 64: East Asia Market Value (US$ Billion) Forecast, 2023 to 2033
Figure 65: East Asia Market Absolute $ Opportunity (US$ Billion), 2023 to 2033
Figure 66: East Asia Market Value (US$ Billion) By Country, 2023 & 2033
Figure 67: East Asia Market Y-o-Y Growth Rate By Country, 2023 to 2033
Figure 68: East Asia Market Value (US$ Billion) By Service Type, 2023 & 2033
Figure 69: East Asia Market Y-o-Y Growth Rate By Service Type, 2023 to 2033
Figure 70: East Asia Market Value (US$ Billion) By Application, 2023 & 2033
Figure 71: East Asia Market Y-o-Y Growth Rate By Application, 2023 to 2033
Figure 72: East Asia Market Value (US$ Billion) By Customer Type, 2023 & 2033
Figure 73: East Asia Market Y-o-Y Growth Rate By Customer Type, 2023 to 2033
Figure 74: East Asia Market Value (US$ Billion) By Sector, 2023 & 2033
Figure 75: East Asia Market Y-o-Y Growth Rate By Sector, 2023 to 2033
Figure 76: East Asia Market Attractiveness Analysis By Country, 2023 to 2033
Figure 77: East Asia Market Attractiveness Analysis By Service Type, 2023 to 2033
Figure 78: East Asia Market Attractiveness Analysis By Application, 2023 to 2033
Figure 79: East Asia Market Attractiveness Analysis By Customer Type, 2023 to 2033
Figure 80: East Asia Market Attractiveness Analysis By Sector, 2023 to 2033
Figure 81: South Asia & Oceania Market Value (US$ Billion) Forecast, 2023 to 2033
Figure 82: South Asia & Oceania Market Absolute $ Opportunity (US$ Billion), 2023 to 2033
Figure 83: South Asia & Oceania Market Value (US$ Billion) By Country, 2023 & 2033
Figure 84: South Asia & Oceania Market Y-o-Y Growth Rate By Country, 2023 to 2033
Figure 85: South Asia & Oceania Market Value (US$ Billion) By Service Type, 2023 & 2033
Figure 86: South Asia & Oceania Market Y-o-Y Growth Rate By Service Type, 2023 to 2033
Figure 87: South Asia & Oceania Market Value (US$ Billion) By Application, 2023 & 2033
Figure 88: South Asia & Oceania Market Y-o-Y Growth Rate By Application, 2023 to 2033
Figure 89: South Asia & Oceania Market Value (US$ Billion) By Customer Type, 2023 & 2033
Figure 90: South Asia & Oceania Market Y-o-Y Growth Rate By Customer Type, 2023 to 2033
Figure 91: South Asia & Oceania Market Value (US$ Billion) By Sector, 2023 & 2033
Figure 92: South Asia & Oceania Market Y-o-Y Growth Rate By Sector, 2023 to 2033
Figure 93: South Asia & Oceania Market Attractiveness Analysis By Country, 2023 to 2033
Figure 94: South Asia & Oceania Market Attractiveness Analysis By Service Type, 2023 to 2033
Figure 95: South Asia & Oceania Market Attractiveness Analysis By Application, 2023 to 2033
Figure 96: South Asia & Oceania Market Attractiveness Analysis By Customer Type, 2023 to 2033
Figure 97: South Asia & Oceania Market Attractiveness Analysis By Sector, 2023 to 2033
Figure 98: Middle East & Africa Market Value (US$ Billion) Forecast, 2023 to 2033
Figure 99: Middle East & Africa Market Absolute $ Opportunity (US$ Billion), 2023 to 2033
Figure 100: Middle East & Africa Market Value (US$ Billion) By Country, 2023 & 2033
Figure 101: Middle East & Africa Market Y-o-Y Growth Rate By Country, 2023 to 2033
Figure 102: Middle East & Africa Market Value (US$ Billion) By Service Type, 2023 & 2033
Figure 103: Middle East & Africa Market Y-o-Y Growth Rate By Service Type, 2023 to 2033
Figure 104: Middle East & Africa Market Value (US$ Billion) By Application, 2023 & 2033
Figure 105: Middle East & Africa Market Y-o-Y Growth Rate By Application, 2023 to 2033
Figure 106: Middle East & Africa Market Value (US$ Billion) By Customer Type, 2023 & 2033
Figure 107: Middle East & Africa Market Y-o-Y Growth Rate By Customer Type, 2023 to 2033
Figure 108: Middle East & Africa Market Value (US$ Billion) By Sector, 2023 & 2033
Figure 109: Middle East & Africa Market Y-o-Y Growth Rate By Sector, 2023 to 2033
Figure 110: Middle East & Africa Market Attractiveness Analysis By Country, 2023 to 2033
Figure 111: Middle East & Africa Market Attractiveness Analysis By Service Type, 2023 to 2033
Figure 112: Middle East & Africa Market Attractiveness Analysis By Application, 2023 to 2033
Figure 113: Middle East & Africa Market Attractiveness Analysis By Customer Type, 2023 to 2033
Figure 114: Middle East & Africa Market Attractiveness Analysis By Sector, 2023 to 2033
Know thy Competitors
Competitive landscape highlights only certain players
Complete list available upon request
- FAQs -
What is the growth rate of Europe in the global aerospace engineering services market?
Europe to rise with a CAGR of 5.7% during the forecast period.
Which customer type holds the largest share of the market?
Authorized supplier accounts for the leading share of 53.0% in the global aerospace engineering services market
How did the market perform in the historical period?
During the historic period (2018-2022), the market CAGR was about 4.6%.
Which region accounts for the leading share in the global aerospace engineering services market?
North America holds a leading share of about 36.0% in the global aerospace engineering services market.