The Business Research Company’s Air Based Defense Equipment Global Market Report 2021: COVID-19 Impact And Recovery
LONDON, GREATER LONDON, UK, November 25, 2021 /EINPresswire.com/ — Companies in the air-based defense equipment manufacturing market are using 3D printing technology to develop light weight structural as well as nonstructural military aircraft parts. 3D printing technology can be used to build three dimensional objects using digital models by laying successive layers of material. 3D printing is used in the air-based equipment manufacturing to create military aircraft parts with complex geometries quickly at low cost. The technology creates three-dimensional models of aircraft parts using metals, plastics, polymers, ceramics and other derivatives. For instance, in 2019 the U.S. Air force installed 17 3D printing parts on its C-5 Super Galaxy transport jet. The installed parts included crew bunk areas of the plane, overhead panels, reading and emergency light covers, window reveals gasper panels and aluminum seal retention handles.
TBRC’s holiday sale has begun with discounts on ALL market research reports! Grab your deal now.
The global air-based defense equipment market size is expected to grow from $174.85 billion in 2020 to $178.34 billion in 2021 at a compound annual growth rate (CAGR) of 2%. The growth is mainly due to the companies rearranging their operations and recovering from the COVID-19 impact, which had earlier led to restrictive containment measures involving social distancing, remote working, and the closure of commercial activities that resulted in operational challenges. The market is expected to reach $223.33 billion in 2025 at a CAGR of 6%.
Read More On The Global Air-Based Defense Equipment Market Report:
Asia Pacific was the largest region in the global air-based defense equipment market, accounting for 37% of the market in 2020. North America was the second largest region, accounting for 20% of the global air-based defense equipment market. South America was the smallest region in the global air-based defense equipment market.
Major players covered in the global air-based defense equipment industry are The Boeing Company, Lockheed Martin, General Dynamics Corporation, Northrop Grumman, Safran Group.
TBRC’s global air-based defense equipment market report is segmented by type into fighter aircrafts, military helicopters, military gliders and drones, by operation into autonomous air-based defense equipment, manual.
Air Based Defense Equipment Global Market Report 2021 – By Type (Fighter Aircrafts, Military Helicopters, Military Gliders and Drones), By Operation (Autonomous Air based Defense Equipment, Manual), COVID-19 Impact And Recovery is one of a series of new reports from The Business Research Company that provides air-based defense equipment market overview, forecast air-based defense equipment market size and growth for the whole market, air-based defense equipment market segments, and geographies, air-based defense equipment market trends, air-based defense equipment market drivers, restraints, leading competitors’ revenues, profiles, and market shares.
Request For A Sample Of The Global Air-Based Defense Equipment Market Report:
Here Is A List Of Similar Reports By The Business Research Company:
Defense Equipment Maintenance, Repair And Overhauling Services Global Market Report 2021 – By Type (Air based Defense Equipment MRO Services, Water based Defense Equipment MRO Services, Land based Defense Equipment MRO Services), By Service Type (Annual Maintenance Contract, Individual Works), COVID-19 Impact And Recovery
Sea Based Defense Equipment Global Market Report 2021 – By Type (Battle Force Ships, Submarines (including Nuclear Submarines)), By Operation (Autonomous Sea based Defense Equipment, Manual), COVID-19 Impact And Recovery
Unmanned Defense Aerial Vehicle Global Market Report 2021 – By UAV Type (Multi Rotor, Single Rotor, Fixed Wing, Fixed Wing Hybrid VTOL), By Range (Visual Line of Sight (VLOS), Extended Visual Line of Sight (EVLOS), Beyond Line of Sight (BLOS)), By Technology (Remotely Operated, Semi-Autonomous, Fully-Autonomous), COVID-19 Growth And Change
Interested to know more about The Business Research Company?
The Business Research Company is a market research and intelligence firm that excels in company, market, and consumer research. It has over 200 research professionals at its offices in India, the UK and the US, as well a network of trained researchers globally. It has specialist consultants in a wide range of industries including manufacturing, healthcare, financial services and technology.
Read more about us at https://www.thebusinessresearchcompany.com/about-the-business-research-company.aspx
Or get a quick glimpse of our services here: https://www.youtube.com/channel/UC24_fI0rV8cR5DxlCpgmyFQ
Call us now for personal assistance with your purchase:
Europe: +44 207 1930 708
Asia: +91 88972 63534
Americas: +1 315 623 0293
Source: EIN Presswire