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

The South Korea Aerospace and Defense Market Report is Segmented by Industry (Manufacturing, Design, and Engineering and Maintenance, Repair, and Overhaul) and Type (Aerospace (Space and Civil Aviation) and Defense (Army, Navy, and Air Force)). The Report Offers Market Sizes and Forecasts for all the Above Segments in Value (USD).

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

South Korea Aerospace and Defense Industry Overview

The South Korean aerospace and defense market is semi-consolidated in nature. Some of the key players in the market are Lockheed Martin Corporation, Korea Aerospace Industries Ltd, Hanwha Corporation, The Boeing Company, and HD Hyundai Heavy Industries Co. Ltd.

These players are significantly investing in developing technologically advanced products to cater to national and foreign needs. In recent years, the country has prioritized indigenous aerospace and defense production by encouraging local players to develop the required capabilities. The regional players are also expected to enjoy healthy growth during the forecast period, owing to large-scale domestic and foreign investments, collaborations, and partnerships with players from foreign countries.

South Korea Aerospace and Defense Market Leaders

  1. Lockheed Martin Corporation

  2. Korea Aerospace Industries, Ltd.

  3. HD Hyundai Heavy Industries Co., Ltd.

  4. Hanwha Corporation

  5. The Boeing Company

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

South Korea Aerospace and Defense Market Report Snapshots

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