Verkko Global

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Aerospace

The world aerospace industry is poised for growth, but needs to navigate significant challenges related to supply chains, workforce, and sustainability. Embracing new technologies and adapting to a changing global landscape will be key factors for the industry’s success.

aerospace sector

Overview

aerospace sector
  • Market size:
    • The global aerospace market size was estimated at USD 321.5 billion in 2022 and is projected to reach around USD 678.17 billion by 2032, growing at a CAGR of 7.80% during the forecast period from 2023 to 2032.
  • Challenges:
    • Pricing pressures
    • Innovation hurdles
    • Supply chain concerns
    • Sustainability issues

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