New Zealand Aerospace and Defense Market Summary, Competitive Analysis and Forecast to 2027

Key Highlights

• The market size of military aerospace and defense market includes the sum of the revenues generated from signed deals that remain under contract and new contracts signed within a particular calendar year.
• The New Zealand aerospace & defense market had total revenues of $357.5 million in 2022, representing a negative compound annual growth rate (CAGR) of 12.3% between 2017 and 2022.
• The military aircraft segment accounted for the market's largest proportion in 2022, with total revenues of $189.2 million, equivalent to 52.9% of the market's overall value.
• The government of New Zealand is prioritizing investments in reorganizing its defense capability due to the requirement to build a more resilient and robust defense force. According to GlobalData, in 2022, the defense expenditure of New Zealand stood at $2 billion, witnessing a growth of 25.5% over 2019.

Scope

• Save time carrying out entry-level research by identifying the size, growth, major segments, and leading players in the aerospace & defense market in New Zealand
• Use the Five Forces analysis to determine the competitive intensity and therefore attractiveness of the aerospace & defense market in New Zealand
• Leading company profiles reveal details of key aerospace & defense market players’ global operations and financial performance
• Add weight to presentations and pitches by understanding the future growth prospects of the New Zealand aerospace & defense market with five year forecasts

Reasons to Buy

• What was the size of the New Zealand aerospace & defense market by value in 2022?
• What will be the size of the New Zealand aerospace & defense market in 2027?
• What factors are affecting the strength of competition in the New Zealand aerospace & defense market?
• How has the market performed over the last five years?
• What are the main segments that make up New Zealand's aerospace & defense market?