South Africa 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 South African aerospace & defense market had total revenues of $3.1 billion in 2022, representing a negative compound annual growth rate (CAGR) of 3.6% between 2017 and 2022.
• The systems & ordnance segment accounted for market's the largest proportion in 2022, with total revenues of $1.5 billion, equivalent to 46.5% of the market's overall value.
• South Africa’s defense budget declined during the historic period. Supply chain complexity in the aerospace and defense market has increased as a result of the COVID-19 epidemic, labor shortages, and most recently, the Russian invasion of Ukraine.

Scope

• Save time carrying out entry-level research by identifying the size, growth, major segments, and leading players in the aerospace & defense market in South Africa
• Use the Five Forces analysis to determine the competitive intensity and therefore attractiveness of the aerospace & defense market in South Africa
• 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 South Africa aerospace & defense market with five year forecasts

Reasons to Buy

• What was the size of the South Africa aerospace & defense market by value in 2022?
• What will be the size of the South Africa aerospace & defense market in 2027?
• What factors are affecting the strength of competition in the South Africa aerospace & defense market?
• How has the market performed over the last five years?
• Who are the top competitors in South Africa's aerospace & defense market?