Vietnam Aerospace and Defense Market (2025-2031) Outlook | Trends, Analysis, Forecast, Growth, Revenue, Value, Industry, Size, Share & Companies

Market Forecast By Type (Aerospace, Defense), By Operation (Autonomous, Manual), By Component (Weapon System, Fire Control System, Command & Control System, Others) And Competitive Landscape

Product Code: ETC240210 Publication Date: Aug 2022 Updated Date: Aug 2025 Product Type: Market Research Report
Publisher: 6Wresearch No. of Pages: 75 No. of Figures: 35 No. of Tables: 20

Vietnam Aerospace and Defense Market Size Growth Rate


The Vietnam Aerospace and Defense Market is projected to witness mixed growth rate patterns during 2025 to 2029. Starting at -61.12% in 2025, the market peaks at 1346.06% in 2026, and settles at -0.86% by 2029.

Vietnam Aerospace and Defense Market Growth Rate

Aerospace and Defense Market: Vietnam vs Top 5 Major Economies in 2027 (Asia)


The Aerospace and Defense market in Vietnam is projected to grow at a exponential growth rate of 45.32% by 2027, highlighting the country's increasing focus on advanced technologies within the Asia region, where China holds the dominant position, followed closely by India, Japan, Australia and South Korea, shaping overall regional demand.

Aerospace and Defense Market: Vietnam vs Top 5 Major Economies in 2027 (Asia)

Vietnam Aerospace and Defense Market Overiew

The Vietnam Aerospace and Defense market is a crucial component of the nation`s security and technological advancement. The market encompasses aerospace systems, defense equipment, and related technologies. Vietnam`s strategic geopolitical position contributes to the growth of its aerospace and defense capabilities. Government investments, collaborations with international defense partners, and a focus on indigenous research and development drive the market`s expansion, making it a key player in the regional defense landscape.

Drivers of the Market

The Vietnam Aerospace and Defense market are experiencing growth driven by increased defense spending and modernization efforts. The geopolitical landscape in the region has led to a focus on strengthening the country`s defense capabilities. Investments in advanced technology, including aircraft, surveillance systems, and cybersecurity, are key drivers of this market. The government`s commitment to enhancing national security and its efforts to build a robust indigenous defense industry further contribute to the growth of the aerospace and defense sector.

Challenges of the Market

The Vietnam Aerospace and Defense market face challenges as it navigates through geopolitical uncertainties, evolving security threats, and budget constraints. The demand for modernization and technological advancements in defense capabilities creates opportunities, but strict regulations, international competition, and the need for strategic partnerships pose significant challenges. Navigating these complexities while ensuring national security and compliance with global standards will be pivotal for the sustained growth of the aerospace and defense sector in Vietnam.

COVID 19 Impact on the Market

The COVID-19 pandemic has brought challenges to the Vietnam Aerospace and Defense market, affecting both military and civilian sectors. The defense industry faced disruptions in manufacturing, delayed procurement processes, and a shift in budget priorities. The aerospace sector experienced decreased demand for commercial aircraft, impacting revenues. As nations focus on recovery, there is an opportunity for the Vietnamese aerospace and defense market to modernize and invest in technologies that enhance national security and resilience.

Key Players in the Market

The Vietnam aerospace and defense market feature major players such as Viettel Group, a prominent Vietnamese defense industry player involved in the development and production of defense technologies. Viet Defense, another key player, specializes in aerospace and defense solutions, contributing to the nation`s strategic capabilities. These companies, along with others like ADS Group, play a crucial role in bolstering Vietnam`s aerospace and defense capabilities through innovation, research, and development.

Key Highlights of the Report:

  • Vietnam Aerospace and Defense Market Outlook
  • Market Size of Vietnam Aerospace and Defense Market, 2024
  • Forecast of Vietnam Aerospace and Defense Market, 2031
  • Historical Data and Forecast of Vietnam Aerospace and Defense Revenues & Volume for the Period 2021-2031
  • Vietnam Aerospace and Defense Market Trend Evolution
  • Vietnam Aerospace and Defense Market Drivers and Challenges
  • Vietnam Aerospace and Defense Price Trends
  • Vietnam Aerospace and Defense Porter's Five Forces
  • Vietnam Aerospace and Defense Industry Life Cycle
  • Historical Data and Forecast of Vietnam Aerospace and Defense Market Revenues & Volume By Type for the Period 2021-2031
  • Historical Data and Forecast of Vietnam Aerospace and Defense Market Revenues & Volume By Aerospace for the Period 2021-2031
  • Historical Data and Forecast of Vietnam Aerospace and Defense Market Revenues & Volume By Defense for the Period 2021-2031
  • Historical Data and Forecast of Vietnam Aerospace and Defense Market Revenues & Volume By Operation for the Period 2021-2031
  • Historical Data and Forecast of Vietnam Aerospace and Defense Market Revenues & Volume By Autonomous for the Period 2021-2031
  • Historical Data and Forecast of Vietnam Aerospace and Defense Market Revenues & Volume By Manual for the Period 2021-2031
  • Historical Data and Forecast of Vietnam Aerospace and Defense Market Revenues & Volume By Component for the Period 2021-2031
  • Historical Data and Forecast of Vietnam Aerospace and Defense Market Revenues & Volume By Weapon System for the Period 2021-2031
  • Historical Data and Forecast of Vietnam Aerospace and Defense Market Revenues & Volume By Fire Control System for the Period 2021-2031
  • Historical Data and Forecast of Vietnam Aerospace and Defense Market Revenues & Volume By Command & Control System for the Period 2021-2031
  • Historical Data and Forecast of Vietnam Aerospace and Defense Market Revenues & Volume By Others for the Period 2021-2031
  • Vietnam Aerospace and Defense Import Export Trade Statistics
  • Market Opportunity Assessment By Type
  • Market Opportunity Assessment By Operation
  • Market Opportunity Assessment By Component
  • Vietnam Aerospace and Defense Top Companies Market Share
  • Vietnam Aerospace and Defense Competitive Benchmarking By Technical and Operational Parameters
  • Vietnam Aerospace and Defense Company Profiles
  • Vietnam Aerospace and Defense Key Strategic Recommendations

Frequently Asked Questions About the Market Study (FAQs):

6Wresearch actively monitors the Vietnam Aerospace and Defense Market and publishes its comprehensive annual report, highlighting emerging trends, growth drivers, revenue analysis, and forecast outlook. Our insights help businesses to make data-backed strategic decisions with ongoing market dynamics. Our analysts track relevent industries related to the Vietnam Aerospace and Defense Market, allowing our clients with actionable intelligence and reliable forecasts tailored to emerging regional needs.
Yes, we provide customisation as per your requirements. To learn more, feel free to contact us on sales@6wresearch.com

1 Executive Summary

2 Introduction

2.1 Key Highlights of the Report

2.2 Report Description

2.3 Market Scope & Segmentation

2.4 Research Methodology

2.5 Assumptions

3 Vietnam Aerospace and Defense Market Overview

3.1 Vietnam Country Macro Economic Indicators

3.2 Vietnam Aerospace and Defense Market Revenues & Volume, 2021 & 2031F

3.3 Vietnam Aerospace and Defense Market - Industry Life Cycle

3.4 Vietnam Aerospace and Defense Market - Porter's Five Forces

3.5 Vietnam Aerospace and Defense Market Revenues & Volume Share, By Type, 2021 & 2031F

3.6 Vietnam Aerospace and Defense Market Revenues & Volume Share, By Operation, 2021 & 2031F

3.7 Vietnam Aerospace and Defense Market Revenues & Volume Share, By Component, 2021 & 2031F

4 Vietnam Aerospace and Defense Market Dynamics

4.1 Impact Analysis

4.2 Market Drivers

4.2.1 Increasing defense budget allocation by the government of Vietnam

4.2.2 Growth in air travel and tourism industry in Vietnam

4.2.3 Rising geopolitical tensions in the region leading to a focus on defense capabilities

4.3 Market Restraints

4.3.1 Technological challenges and dependence on foreign suppliers for advanced aerospace and defense equipment

4.3.2 Limited domestic manufacturing capabilities in the aerospace and defense sector

5 Vietnam Aerospace and Defense Market Trends

6 Vietnam Aerospace and Defense Market, By Types

6.1 Vietnam Aerospace and Defense Market, By Type

6.1.1 Overview and Analysis

6.1.2 Vietnam Aerospace and Defense Market Revenues & Volume, By Type, 2021-2031F

6.1.3 Vietnam Aerospace and Defense Market Revenues & Volume, By Aerospace, 2021-2031F

6.1.4 Vietnam Aerospace and Defense Market Revenues & Volume, By Defense, 2021-2031F

6.2 Vietnam Aerospace and Defense Market, By Operation

6.2.1 Overview and Analysis

6.2.2 Vietnam Aerospace and Defense Market Revenues & Volume, By Autonomous, 2021-2031F

6.2.3 Vietnam Aerospace and Defense Market Revenues & Volume, By Manual, 2021-2031F

6.3 Vietnam Aerospace and Defense Market, By Component

6.3.1 Overview and Analysis

6.3.2 Vietnam Aerospace and Defense Market Revenues & Volume, By Weapon System, 2021-2031F

6.3.3 Vietnam Aerospace and Defense Market Revenues & Volume, By Fire Control System, 2021-2031F

6.3.4 Vietnam Aerospace and Defense Market Revenues & Volume, By Command & Control System, 2021-2031F

6.3.5 Vietnam Aerospace and Defense Market Revenues & Volume, By Others, 2021-2031F

7 Vietnam Aerospace and Defense Market Import-Export Trade Statistics

7.1 Vietnam Aerospace and Defense Market Export to Major Countries

7.2 Vietnam Aerospace and Defense Market Imports from Major Countries

8 Vietnam Aerospace and Defense Market Key Performance Indicators

8.1 Percentage of defense budget allocated to aerospace and defense sector

8.2 Number of foreign partnerships and technology transfer agreements in the aerospace and defense industry

8.3 Percentage increase in domestic production of aerospace and defense equipment in Vietnam

8.4 Number of research and development initiatives in the aerospace and defense sector

8.5 Level of government support and incentives for the aerospace and defense industry

9 Vietnam Aerospace and Defense Market - Opportunity Assessment

9.1 Vietnam Aerospace and Defense Market Opportunity Assessment, By Type, 2021 & 2031F

9.2 Vietnam Aerospace and Defense Market Opportunity Assessment, By Operation, 2021 & 2031F

9.3 Vietnam Aerospace and Defense Market Opportunity Assessment, By Component, 2021 & 2031F

10 Vietnam Aerospace and Defense Market - Competitive Landscape

10.1 Vietnam Aerospace and Defense Market Revenue Share, By Companies, 2024

10.2 Vietnam Aerospace and Defense Market Competitive Benchmarking, By Operating and Technical Parameters

11 Company Profiles

12 Recommendations

13 Disclaimer

Pricing
  • Single User License
    $ 1,995
  • Department License
    $ 2,400
  • Site License
    $ 3,120
  • Global License
    $ 3,795
6Wresearch Support

Any Query

Call: +91-11-4302-4305
Email us: sales@6wresearch.com
Any Query? Click Here

Related Reports

Industry Events and Analyst Meet

Our Clients

Airtel
Canon
Contec
HoneyWell
Kriloskar
Pwc Logo
Samsung
Tata Teleservices

Whitepaper

Read All