As per Market Research Future analysis, the Defence Sector Market Size was estimated at USD 2133.46 Billion in 2024. The defence industry is projected to grow from USD 2200.67 Billion in 2025 to USD 3000.86 Billion by 2035, growing at a CAGR of 3.15% during the forecast period.
The aerospace and defence market is closely aligned with the national security market, supporting air superiority, space dominance, and integrated military systems. Governments increasingly view aerospace capabilities as critical to both defense and strategic deterrence.
Market Growth and Trends
Growth in the aerospace and defence market is driven by rising demand for advanced aircraft, space surveillance systems, and missile defense technologies. Military forces are transitioning toward multi-domain operations that integrate air, space, land, sea, and cyber assets.
The military systems market is also evolving, with greater emphasis on real-time intelligence, precision strike capabilities, and resilient communication infrastructure. Digitalization and automation are reshaping defence operations and logistics.
Key Players
Key players in the aerospace and defence market specialize in aircraft manufacturing, space systems, propulsion technologies, and defense electronics. These companies prioritize innovation, safety compliance, and long-term defense procurement relationships.
Global collaboration and technology transfer agreements further strengthen competitive positioning.
Future Scope
Future growth opportunities lie in space defense, hypersonic platforms, and advanced reconnaissance systems. As security environments become more complex, the demand for integrated and adaptable military systems will increase significantly.
Governments are expected to allocate sustained funding to aerospace modernization and defence technology development through 2035.
FAQ
Q1: What is the role of aerospace in defence?
Aerospace systems support surveillance, deterrence, mobility, and strategic response.
Q2: How does national security drive this market?
Security threats influence investment priorities and capability development.
Q3: What technologies will shape the future?
AI, space-based systems, and advanced propulsion technologies.
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