World Business Council




AEROSPACE

Chair

In terms of revenue, the global aerospace  market size was valued at around USD 750 billion in 2022 and is projected to reach USD 1388 billion, by 2030. The growing investment in the aerospace and defense sector is expected to drive the revenue growth of the aerospace and defense industry. The United States and Europe currently dominate, but countries like China and India are increasing their presence in the sector rapidly. 

The WBC Aerospace Industry Council is actively advancing the aerospace sector by fostering collaboration among global aerospace leaders, driving innovation, and advocating for sustainable aviation technologies. The Council supports its members in addressing industry challenges through research, policy advocacy, and partnerships with key stakeholders. 



GLOBAL
Market Size
$750 B

United States of America 

Business Volume: Over $250 B


France

Business Volume: Around $80 B


Germany

Business Volume: Around $50 B

United Kingdom

Business Volume: Around $35 B


China

Business Volume: Over $30 B


Russia

Business Volume: Around $30 B

Canada

Business Volume: Around $25 B


Japan

Business Volume: Around $25 B


Italy

Business Volume: Around $20 B