The Global Aerospace & Defense Industry is Forecast to Reach US$2.5 Trillion by 2024
New Emerging Technologies Continue to Drive the Transformation of the Global Aerospace & Defense Industry, According to a New Report by Global Industry Analysts, Inc. GIA launches comprehensive analysis of industry segments, trends, growth drivers, market share, size and demand forecasts on the global Aerospace & Defense Industry. The global Aerospace & Defense Industry is forecast to reach US$2.5 trillion by 2024 , driven by a medley of factors encompassing recovery in global defense spending; healthy commercial aviation revenue potential; and myriad technology trends which are transforming the supply chain, lifecycle dynamics of A&D products and services and operating & business models of A&D companies. The Aerospace & Defense (A&D) industry is currently in the midst of a major transformation spurred by evolving technologies like smart wearable military technologies, 3D manufacturing/additive manufacturing, innovative battery technologies