Europe Aerospace and Defense Market Size & Share Analysis - Growth Trends & Forecasts (2024 - 2029)

Europe Aerospace and Defense Market Report is Segmented by Sector (Commercial and General Aviation, Military Aircraft and Systems, Unmanned Aerial Systems, and Space Systems and Equipment) and Geography (United Kingdom, France, Germany, Italy, Spain, and Rest of Europe). The Report Offers Market Sizes and Forecasts for all the Above Segments in Value (USD).

Europe Aerospace and Defense Market Size & Share Analysis - Growth Trends & Forecasts (2024 - 2029)

Europe Aerospace and Defense Industry Overview

The market is semi-consolidated, with several global players, including Airbus SE, BAE Systems PLC, Leonardo SpA, Safran SA, and THALES, occupying a significant market share. The growing geopolitical unrest across several countries in the region contributes to an emerging security environment, with increasing demand for advanced aircraft, UAVs, and satellites. To secure long-term contracts and improve their market share, players are investing significantly in the R&D of sophisticated product offerings. Continuous R&D has fostered technological advancements in platforms and associated products and solutions in the European aerospace and defense market. For instance, in September 2023, Air France sealed a deal with Airbus for 50 A350s, with an option for 40 more. This order will cover 50 A350-900 and A350-1000 aircraft, along with purchase rights for 40 additional aircraft, with the first deliveries expected to be completed in 2026 through 2030.

Europe Aerospace and Defense Market Leaders

  1. Airbus SE

  2. BAE Systems plc

  3. Leonardo S.p.A.

  4. Safran SA

  5. THALES

  6. *Disclaimer: Major Players sorted in no particular order
Europe Aerospace and Defense Market Concentration

Europe Aerospace and Defense Market Report Snapshots

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