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| Type | Société Anonyme |
|---|---|
| Euronext: SAF CAC 40 Component | |
| Industry | Aerospace Defense |
| Predecessor | Snecma, Sagem |
| Founded | 2005 |
| Headquarters | , |
Key people | Olivier Andriès (CEO) Ross McInnes (Chairman)[1] |
| Products | Aircraft engines, equipment, and interiors, defence electronics, avionics, navigation system, communications systems, satellites |
| Revenue |  €24.64 billion (2019) |
| €3.82 billion (2019) | |
| €2.44 billion (2019) | |
| Total assets | €40.62 billion (end 2018)[2] |
| Total equity | €12.30 billion (End 2018) |
Number of employees | 81,000 (2020)[3] |
| Subsidiaries | OEMServices[4] Safran Aero Boosters Safran Aerosystems Safran Aircraft Engines Safran Cabin Safran Ceramics Safran Electrical & Power Safran Electronics & Defense Safran Helicopter Engines Safran Landing Systems Safran Nacelles Safran Passenger Solutions Safran Seats Safran Transmission Systems ArianeGroup (50% ownership) |
| Website | |
Safran S.A. is a prominent French multinational aerospace and defense company committed to innovation and excellence. Operating across aircraft propulsion, aircraft equipment, and defense segments, Safran delivers cutting-edge solutions that address global aviation and defense needs. Through research and development and collaborative partnerships, Safran shapes the future of aerospace and defense, maintaining its leadership position in the industry.[5]
As a global leader in the aerospace and defense industry, Safran SA is renowned for its commitment to innovation and excellence. Operating across aircraft propulsion, aircraft equipment, and defense segments, Safran delivers cutting-edge solutions that cater to the evolving needs of the aviation and defense industries worldwide. With a strong focus on research and development, the company continuously pushes the boundaries of technology, striving to enhance the performance, efficiency, and sustainability of its products while fostering collaborative industry partnerships to drive progress in these domains. Safran's dedication to customer satisfaction, operational excellence, and financial strength enables the company to maintain its position as a key player in the aerospace and defense sectors, shaping the future of aviation and defense on a global scale.[5]
Market competition
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%. [1]
Serviceable Available Market
The Serviceable Available Market (SAM) for Safran SA is focused on the commercial aviation segment within the global aerospace and defense 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. [2]
Serviceable Obtainable Market
The Serviceable Obtainable Market (SOM) for Safran SA is focused on the commercial aviation engine market, which represents a significant segment within the broader commercial aviation industry. The global aircraft engine market size is projected to hit USD 112.61 billion by 2029, with a forecasted Compound Annual Growth Rate (CAGR) of 10.87% during the forecast period from 2023 to 2028. The market size stood at USD 54.70 billion in 2022. [3]