Military Aerospace And Defense Lifecycle Management Industry

According to a recent report by Grand View Research, Inc., the global military aerospace and defense lifecycle management market is projected to reach a value of USD 18.20 billion by the year 2030. This market is expected to grow at a robust Compound Annual Growth Rate (CAGR) of 8.7% over the forecast period from 2025 to 2030. A key factor driving this growth is the increasing demand for Product Lifecycle Management (PLM) software solutions among manufacturers and suppliers of defense equipment. These software solutions play a critical role in supporting defense industry stakeholders throughout all phases of the product lifecycle—from initial concept development and prototyping to testing, production, and beyond.

Defense and military aerospace manufacturers frequently manage highly complex systems involving a multitude of intricate components and processes. PLM software solutions are designed to offer these manufacturers the tools and capabilities needed to efficiently handle such complexity. These solutions not only assist in optimizing facility operations but also contribute to reducing energy consumption. In addition, PLM systems streamline and enhance maintenance operations, enabling organizations to reduce downtime and control associated operational costs effectively.

Original Equipment Manufacturers (OEMs) operating in the military aerospace and defense (AD) sectors are increasingly acknowledging the strategic value of lifecycle management solutions. These tools are being recognized for their ability to manage both existing and upcoming defense programs with a high level of operational efficiency. Furthermore, lifecycle management systems are being adopted to generate long-term business value by improving organizational performance across the entire product or service lifecycle—from inception to retirement.

To further strengthen their digital infrastructure and operational capabilities, many AD OEMs are entering into long-term agreements with leading lifecycle management solution providers. These partnerships are focused on integrating advanced PLM tools into their workflows, ultimately aiming to enhance collaboration, ensure compliance, and drive innovation in an increasingly complex and competitive global defense environment.

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Military Aerospace And Defense Lifecycle Management Market Segments Highlights:

• Product Lifecycle Management (PLM) dominated the market and accounted for a market revenue share of 85.5% in 2024. As defense organizations adopt more digital tools and technologies, integrating PLM systems becomes essential to harness the full potential of these advancements.
• Service Lifecycle Management (SLM) is expected to register the highest CAGR during the forecast period. Modern defense systems are increasingly equipped with sensors and connectivity features that generate vast amounts of operational data.
• North America military aerospace defense lifecycle management market accounted for the largest market revenue share of 36.0% in 2024.
• Asia Pacific military aerospace defense lifecycle management market is anticipated to register the fastest CAGR over the forecast period.

Military Aerospace And Defense Lifecycle Management Market Report Segmentation

Grand View Research has segmented the global military aerospace and defense lifecycle management market based on type, and region:

Military Aerospace And Defense Lifecycle Management Type Outlook (Revenue, USD Million, 2018 - 2030)

• Product Lifecycle Management (PLM)
• Service Lifecycle Management (SLM)

Military Aerospace And Defense Lifecycle Management Regional Outlook (Revenue, USD Million, 2018 - 2030)

• North America
  • US
  • Canada
  • Mexico
• Europe
  • Germany
  • UK
  • France
  • Russia   
• Asia Pacific       
  • China
  • Japan
  • India
  • Australia
• Latin America
  • South Korea
  • Brazil
• Middle East and Africa (MEA)
  • South Africa
  • Saudi Arabia
  • UAE

Key Military Aerospace And Defense Lifecycle Management Company Insights

• Aras Corporation
• ATS Global B.V.
• Dassault Systèmes SE
• Honeywell International Inc.
• Infor
• PROLIM
• PTC Inc.
• Cyient Limited
• Siemens AG
• Nikon SLM Solutions AG

Order a free sample PDF of the Military Aerospace And Defense Lifecycle Management Market Intelligence Study, published by Grand View Research.