Key Takeaways
- In 2023, the global marketing expenditure in the aerospace industry totaled $12.5 billion, marking a 7.2% increase from 2022.
- Aerospace marketing budgets for commercial aviation segments grew by 8.9% YoY in North America during 2023.
- The defense aerospace marketing spend reached $4.8 billion globally in 2023, driven by geopolitical tensions.
- In 2023, 68% of aerospace marketers utilized SEO strategies, driving 22% more leads.
- Social media ad spend in aerospace grew to $1.8 billion in 2023, with LinkedIn at 55% share.
- 74% of B2B aerospace buyers start research via search engines in 2023.
- Account-Based Marketing (ABM) adoption in aerospace B2B reached 67% in 2023.
- 91% of aerospace B2B buyers are influenced by content during purchase process in 2023.
- Trade shows generated 24% of B2B leads for aerospace firms in 2023.
- Global aerospace ad spend hit $8.3 billion in 2023, with TV at 28% share.
- Print media advertising in aerospace trade journals cost $1.2 billion in 2023.
- Sponsorships at airshows generated $650 million in value for brands in 2023.
- Aerospace marketing campaigns achieved average 3.8% CTR on display ads in 2023.
- Customer Acquisition Cost (CAC) for B2B aerospace averaged $145,000 in 2023.
- Marketing Qualified Leads (MQL) to Sales Qualified Leads (SQL) conversion was 28% in 2023.
Global aerospace marketing investment grew significantly last year, driven by digital transformation and sustainability initiatives.
Advertising and Promotion
Advertising and Promotion Interpretation
B2B Marketing Strategies
B2B Marketing Strategies Interpretation
Digital Marketing Trends
Digital Marketing Trends Interpretation
Market Size and Growth
Market Size and Growth Interpretation
Marketing Analytics and ROI
Marketing Analytics and ROI Interpretation
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