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The key players in the global aerospace engineering market in terms of value include WS Atkins Plc; Bombardier, Inc; Cyient Ltd; Elbit Systems Ltd; Leonardo DRS; Saab Group; Safran System Aerostructures; Sonaca Group; Strata Manufacturing PJSC; UTC Aerospace Systems and General Dynamics Corporation.

Global Aerospace Engineering Market: A Study of Changing Market Dynamics, Growth, Future Prospects & Analysis, 2016 2028

The latest market report published by Credence Research, Inc.Global Aerospace Engineering Market: Growth, Future Prospects, and Competitive Analysis, 2016 2028.The Global Aerospace Engineering Market generated revenue around USD 45.7 billion in 2021 and is anticipated to grow a CAGR of over 6.90% during the forecast period from 2022 to 2028 to reach around USD 68.199 billion in 2028. While, cumulative growth opportunity presented by the global Aerospace Engineering is around USD 22.499 million during 2022 to 2028.

The usage of cutting-edge technology and electronic gadgets in aerospace has substantially advanced over time. An increasing need for ESO operations is anticipated due to the consistent increase in demand for specialized engineering skills and experience, which can be challenging to obtain, maintain, and internally develop. Partnerships between OEMs and service providers for leveraging cost-effective access to domain-specific technical expertise and increased manufacturing capacity also aid in expanding the aerospace ESO sector. For instance, in February 2019, Altair Engineering, Inc. and Diehl Aviation agreed to a multi-year contract, designating Altair as Diehl Aviations key supplier for computer-aided engineering. Due to the increase in air travel in emerging nations and the increased focus on military spending, it is projected that growth in the military and civil aviation sectors would propel the aerospace ESO market.

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The global aerospace engineering market is bifurcated into Components, Applications, and Geography. Based on the Component, the market is categorized into Aero structures and Engineering Services. On the basis of application, the global market is segmented into Aircraft and Spacecraft. Finally, on the basis of geography, the market is segmented as North America, Europe, Asia Pacific, Latin America, and the Middle East and Africa.

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Table Of Content:

1. Preface

1.1. Report Description

1.1.1. Purpose of the Report

1.1.2. Target Audience

1.1.3. USP and Key Offerings

1.2. Research Scope

1.3. Research Methodology

1.3.1. Phase I Secondary Research

1.3.2. Phase II Primary Research

1.3.3. Phase III Expert Panel Review

1.3.4. Approach Adopted

1.3.4.1. Top-Down Approach

1.3.4.2. Bottom-Up Approach

1.3.5. Assumptions

1.4. Market Segmentation

2. Executive Summary

2.1. Market Snapshot: Global Aerospace Engineering Market

3. Market Dynamics & Factors Analysis

3.1. Introduction

3.1.1. Global Aerospace Engineering Market Value, 2016-2028, (US$ Bn)

3.2. Market Dynamics

3.2.1. Key Growth Trends

3.2.2. Major Industry Challenges

3.2.3. Key Growth Pockets

3.3. Attractive Investment Proposition,2021

3.3.1. Component

3.3.2. End-user

3.3.3. Geography

3.4. Porters Five Forces Analysis

3.4.1. Threat of New Entrants

3.4.2. Bargaining Power of Buyers/Consumers

3.4.3. Bargaining Power of Suppliers

3.4.4. Threat of Substitute Components

3.4.5. Intensity of Competitive Rivalry

3.5. Value Chain Analysis

4. Market Positioning of Key Players, 2021

4.1. Company market share of key players, 2021

4.2. Top 6 Players

4.3. Top 3 Players

4.4. Major Strategies Adopted by Key Players

5. COVID 19 Impact Analysis

5.1. Global Aerospace Engineering Market Pre Vs Post COVID 19, 2019 2028

5.2. Impact on Import & Export

5.3. Impact on Demand & Supply

6. North America

6.1. North America Aerospace Engineering Market, by Country, 2016-2028(US$ Bn)

6.1.1. U.S.

6.1.2. Canada

6.1.3. Mexico

6.2. North America Aerospace Engineering Market, by Component, 2016-2028(US$ Bn)

6.2.1. Overview

6.2.2. Aero structures

6.2.3. Engineering Services

6.3. North America Aerospace Engineering Market, by End-user, 2016-2028(US$ Bn)

6.3.1. Overview

6.3.2. Aircrafts

6.3.3. Spacecraft

6.3.4. Other

7. Europe

.

8. Asia Pacific

..

9. Latin America

..

10. Middle East

11. Africa

12. Global

..

13. Company Profiles

13.1. WS Atkins Plc

13.2. Bombardier, Inc

13.3. Cyient Ltd

13.4. Elbit Systems Ltd

13.5. Leonardo DRS

13.6. Saab Group

13.7. Safran System Aerostructures

13.8. Sonaca Group

13.9. Strata Manufacturing PJSC

13.10. UTC Aerospace Systems

13.11. General Dynamics Corporation

13.12. Others

..

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Aerospace Engineering Market Value Estimated to Reach USD 68.199 BN By 2028, With 6.90% CAGR Credence Research - Digital Journal