Editing Airbus SE (section)

== Market ==

=== '''''Total Addressable Market''''' ===
The Total Addressable Market (TAM) for Safran SA is defined as the global aerospace and defense market. According to industry reports, the global aerospace and defense market was valued at $855.62 billion in 2023 and is projected to reach $1076.56 billion by 2027, experiencing a compound annual growth rate (CAGR) of 5.9%.<ref>https://www.researchandmarkets.com/reports/5781267/aerospace-and-defense-global-market-report</ref>

=== '''''Serviceable Available Market''''' ===
The Serviceable Available Market (SAM), representing the global aviation market, is projected to experience growth from USD 333.96 billion in 2023 to USD 386.21 billion by 2028, at a CAGR of 2.95% during the forecast period (2023-2028).<ref>https://www.mordorintelligence.com/industry-reports/aviation-market</ref>

=== '''''Serviceable Obtainable Market''''' ===
The Serviceable Available Market (SAM) for Safran SA is focused on the commercial aviation segment within the global aviation market. The Commercial Aviation Market is anticipated to experience significant growth, projected to increase from $218.97 billion in 2023 to $271.96 billion by 2028, representing a Compound Annual Growth Rate (CAGR) of 4.43% during the forecast period from 2023 to 2028.<ref><nowiki>https://www.mordorintelligence.com/industry-reports/commercial-aircraft-market</nowiki></ref>