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Defense and Aeronautics Market Research Reports

Defense and Aeronautics Research

The overall tepid growth scenario in the global defense and aeronautics industry will be offset to some degree by the encouraging performance of the commercial aerospace sector – not just in mature but also growth economies. The global defense and aeronautics industry hasn’t entirely been able to overcome the blow dealt by the 2008 global recession but the next few years could bring with them a change in the status quo. While commercial aircraft production is poised to soar to touch new highs in the 2015, this cannot be said with the same level of confidence for defense aircraft production.

While austerity measures in developed economies are now being lifted, and are leading to increased revenue for the defense and aerospace sector, a significant increase in defense and aeronautics spending is being reported from countries such as India, Russia, China, United Arab Emirates (UAE), Japan, and South Korea. Venturing into adjacent industries is a key strategy being adopted by major companies in the defense and aeronautics sector.

Defense and Aeronautics Market Research Reports