Defense encompasses a spectrum of activities, including the manufacture of military equipment for air, sea, and land, comprising support and auxiliary components such as radar, satellites, sonars, and related equipment. Additionally, defense involves the maintenance, repair, and overhaul of military equipment.
The primary defense categories include air-based defense equipment, sea-based defense equipment, land-based defense equipment, maintenance, repair, and overhaul services for defense equipment, defense support, and auxiliary equipment. Air-based defense equipment comprises auxiliary components such as radar, satellites, sonar, and other support equipment. Operations within this domain span autonomous defense equipment and manuals, involving diverse platforms such as airborne, land-based, and naval systems.
Note that the outlook for this market is being affected by rapid changes in trade relations and tariffs globally. The report will be updated prior to delivery to reflect the latest status, including revised forecasts and quantified impact analysis. The report's Recommendations and Conclusions sections will be updated to give strategies for entities dealing with the fast-moving international environment.
The sharp increase in U.S. tariffs and resulting trade disputes in spring 2025 are significantly affecting the aerospace and defense sector. Prices for key materials such as titanium, carbon fiber composites, and avionics primarily sourced from international suppliers have surged. Defense contractors, constrained by fixed-price government contracts, are forced to absorb these rising costs. Meanwhile, commercial aerospace companies are encountering resistance from airlines over increased aircraft prices. In addition, customs delays are disrupting already tight production timelines for jets and satellites. In response, the industry is stockpiling essential materials, pursuing import waivers for defense-related goods, and working with allied nations to diversify supply chains.
The defense market research report is one of a series of new reports from The Business Research Company that provides defense market statistics, including defense industry global market size, regional shares, competitors with a defense market share, detailed defense market segments, market trends and opportunities, and any further data you may need to thrive in the defense industry. This defense market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenarios of the industry.
The defense market size has grown strongly in recent years. It will grow from $473.47 billion in 2024 to $506.9 billion in 2025 at a compound annual growth rate (CAGR) of 7.1%. The growth in the historic period can be attributed to increasing the use of military drones, demand for attack and transport helicopters, low-interest rates, increasing spending on military equipment, increasing development of autonomous fighter jets and increasing military expenditure.
The defense market size is expected to see strong growth in the next few years. It will grow to $682.1 billion in 2029 at a compound annual growth rate (CAGR) of 7.7%. The growth in the forecast period can be attributed to government initiatives, technology advancement, increasing internal and external security threats, increasingly advanced military helicopters and increasing military modernization. Major trends in the forecast period include adoption of unmanned combat vehicles, innovative new military avionics upgrade programs, augmented and virtual reality, edge computing in defense, use of 3D printing technology, strategic mergers and acquisitions, use of artificial intelligence (AI) in defense equipment (drones, helicopters and others), design upgradations and modularity for military-style weapons and day/night decamouflage technology for light weapons.
The forecast of 7.7% growth over the next five years remains unchanged from the previous projection for this market. Despite the stable forecast, ongoing tariff-related uncertainties between the U.S. and its trade partners continue to pose risks.This is likely to directly affect the US through supply chain disruptions for strategic materials, sourced from key regions such as Australia and South Africa, which could lead to increased costs across military procurement programs.The effect will also be felt more widely due to reciprocal tariffs and the negative effect on the global economy and trade due to increased trade tensions and restrictions.
The adoption of unmanned combat vehicles stands out as a major trend in the market. Unmanned combat vehicles are autonomous machines or motorized vehicles that operate without direct human intervention. Equipped with a set of sensors for 360-degree situational awareness, optical avoidance, steering actuators, brakes, and laser scanners, these vehicles feature various autonomous capabilities enabling remote or independent operation. They are commonly used for inspecting surroundings, relaying information to operators through teleoperation, or autonomously addressing situations involving technical challenges. For instance, in November 2022, the Indian army initiated urgent drone purchases, allocating up to 3 billion rupees (about $36 million) for each initiative. The procurement includes 1,000 unmanned surveillance helicopters, 163 high-altitude logistics drones, 750 remotely piloted aerial vehicles, and 80 miniature remotely piloted aircraft systems.
Rising defense expenditures are projected to drive the growth of the defense market in the coming years. Defense expenditure refers to the financial resources allocated by a nation for the establishment and upkeep of its armed forces or other necessary defense measures. These expenditures fund the defense industry, which encompasses the design, production, and maintenance of military equipment. For example, in April 2024, the Stockholm International Peace Research Institute (SIPRI), a Sweden-based non-governmental organization, reported that global military spending reached $2,443 billion in 2023, reflecting a 6.8% increase in real terms compared to 2022. Thus, the rise in defense expenditure is fueling the growth of the defense market.
Companies within the air-based defense equipment manufacturing sector are increasingly focusing on the development of autonomous fighter jets. These jets are capable of flying without human pilots and can operate for extended periods. Equipped with sensors, autonomous jets can scan for potential threats and process a large amount of information simultaneously. They are designed to gather intelligence on enemy activities, disrupt the electronic systems of hostile aircraft, and eliminate airborne threats. Keeping pace with this trend, in October 2024, Leonardo, an Italy-based multinational specializing in aerospace, defense, and security, launched BriteStorm. This system is intended to provide stand-in jamming capabilities, serving as an airborne disruptor against various enemy threats. Its flexibility allows for installation on multiple platforms and compatibility with different UAV types, offering militaries deployment versatility. Additionally, its digital deception methods can counter sophisticated radar systems by creating ghost aircraft signatures, making it more challenging for adversaries to identify actual threats.
Major companies operating in the defense market include Lockheed Martin Corporation, Raytheon Technologies Corporation, Northrop Grumman Corp, General Dynamics, The Boeing Company, BAE Systems plc, L3Harris Technologies, Leonardo SpA, Thales Group, Huntington Ingalls Industries Inc, Excel Laser Technology Private Limited, Acuity Laser Measurement, Prakash Laser, Infrared Optics, Kalaimakal Systems Private Limited, Baoding Triangel Rsd Electronics Technology Limited, Beijing Be-Better Technology Co., Ltd, Shanghai Zhangjiagang Baorui Machinery Co., Ltd, Guangzhou Blixun Electronics Co., Ltd, Xi'an Lonn M&E Equipment Co., Ltd, General Atomics Aeronautical Systems, Elbit Systems Ltd, AeroVironment, China South Industries Group (CSGC), China Aerospace Science and Industry Corporation (CASIC), China North Industries Group Corporation Limited (Norinco), Jilin Ruikd Medical Photoelectric Technology Co., Ltd, Changhe Aircraft Industries Corporation, Shenyang Aircraft Corporation, Babcock International, BMARC, BMT Group, CBI Explosives Industry Group, HSE explosives, Chemring Energetics UK Ltd, Orica UK Ltd, CES Advanced Composites UK Ltd, Conjay Collectors Ammunition Company Ltd, Societe Suisse des Explosifs, SSE Group, BIAZZI SA, Almaz-Antey, United Aircraft Corporation, Tactical Missiles Corporation, Russian Helicopters, Uralvagonzavod, United Shipbuilding Corporation, Advanced Composites Solutions, AEL Sistemas, Aeromot, Agrale, Airship do Brasil, Telespazio, ARSAT, Airbus SE, Saudi Arabian Military Industries (SAMI), Advanced Electronics Company, Abu Dhabi Ship Building (ADSB), DragonFly Aerospace, Armscor, Atlantis Diesel Engines, Atlas Aircraft Corporation, OneWeb
Asia-Pacific was the largest region in the defense market in 2024. Western Europe is expected to be the fastest growing region in the forecast period. The regions covered in the defense market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa
The countries covered in the defense market report are Australia, China, India, Indonesia, Japan, South Korea, Bangladesh, Thailand, Vietnam, Malaysia, Singapore, Philippines, Hong Kong, New Zealand, USA, Canada, Mexico, Brazil, Chile, Argentina, Colombia, Peru, France, Germany, UK, Austria, Belgium, Denmark, Finland, Ireland, Italy, Netherlands, Norway, Portugal, Spain, Sweden, Switzerland, Russia, Czech Republic, Poland, Romania, Ukraine, Saudi Arabia, Israel, Iran, Turkey, UAE, Egypt, Nigeria, South Africa
The defense market consists of sales of air-based, sea-based, and land-based defense equipment such as military aircraft, helicopter, satellites, and radars, as well as support services. Values in this market are 'factory gate' values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors, and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.
The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified).
The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.
Defense Global Market Report 2025 from The Business Research Company provides strategists, marketers and senior management with the critical information they need to assess the market.
This report focuses on defense market which is experiencing strong growth. The report gives a guide to the trends which will be shaping the market over the next ten years and beyond.
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Where is the largest and fastest growing market for defense? How does the market relate to the overall economy, demography and other similar markets? What forces will shape the market going forward, including technological disruption, regulatory shifts, and changing consumer preferences? The defense market global report from the Business Research Company answers all these questions and many more.
The report covers market characteristics, size and growth, segmentation, regional and country breakdowns, competitive landscape, market shares, trends and strategies for this market. It traces the market's historic and forecast market growth by geography.
- The market characteristics section of the report defines and explains the market.
- The market size section gives the market size ($b) covering both the historic growth of the market, and forecasting its development.
- The forecasts are made after considering the major factors currently impacting the market. These include:
The forecasts are made after considering the major factors currently impacting the market. These include the technological advancements such as AI and automation, Russia-Ukraine war, trade tariffs (government-imposed import/export duties), elevated inflation and interest rates.
- Market segmentations break down the market into sub markets.
- The regional and country breakdowns section gives an analysis of the market in each geography and the size of the market by geography and compares their historic and forecast growth.
- The competitive landscape chapter gives a description of the competitive nature of the market, market shares, and a description of the leading companies. Key financial deals which have shaped the market in recent years are identified.
- The trends and strategies section analyses the shape of the market as it emerges from the crisis and suggests how companies can grow as the market recovers.
Scope
- Markets Covered:1) By Type: Air-Based Defense Equipment, Sea-Based Defense Equipment, Land-Based Defense Equipment, Defense Equipment Maintenance, Repair And Overhauling Services, Defense Support And Auxiliary Equipment
- 2) By Operation: Autonomous Defense Equipment, Manual
- 3) By Platform: Airborne, Land, Naval
- Subsegments:
- 1) By Air-Based Defense Equipment: Combat Aircraft; Unmanned Aerial Vehicles (UAVs) or Drones; Air Defense Systems; Helicopters; Surveillance And Reconnaissance Aircraft
- 2) By Sea-Based Defense Equipment: Naval Vessels; Amphibious Assault Ships; Maritime Patrol Aircraft; Naval Weapon Systems; Mine Countermeasure Vessels
- 3) By Land-Based Defense Equipment: Armored Vehicles; Artillery Systems; Infantry Fighting Vehicles (IFVs); Military Trucks and Logistics Vehicles; Ground-based Missile Systems
- 4) By Defense Equipment Maintenance: Scheduled Maintenance; Unscheduled Maintenance; Technical Support Services; Logistics Support; Fleet Management
- 5) By Repair and Overhauling Services: Component Repair; Engine Overhaul; Avionics Repair; Structural Repair; Systems Integration and Testing
- Companies Mentioned: Lockheed Martin Corporation; Raytheon Technologies Corporation; Northrop Grumman Corp; General Dynamics; The Boeing Company; BAE Systems plc; L3Harris Technologies; Leonardo SpA; Thales Group; Huntington Ingalls Industries Inc; Excel Laser Technology Private Limited; Acuity Laser Measurement; Prakash Laser; Infrared Optics; Kalaimakal Systems Private Limited; Baoding Triangel Rsd Electronics Technology Limited; Beijing Be-Better Technology Co., Ltd; Shanghai Zhangjiagang Baorui Machinery Co., Ltd; Guangzhou Blixun Electronics Co., Ltd; Xi'an Lonn M&E Equipment Co., Ltd; General Atomics Aeronautical Systems; Elbit Systems Ltd; AeroVironment; China South Industries Group (CSGC); China Aerospace Science and Industry Corporation (CASIC); China North Industries Group Corporation Limited (Norinco); Jilin Ruikd Medical Photoelectric Technology Co., Ltd; Changhe Aircraft Industries Corporation; Shenyang Aircraft Corporation; Babcock International; BMARC; BMT Group; CBI Explosives Industry Group; HSE explosives; Chemring Energetics UK Ltd; Orica UK Ltd; CES Advanced Composites UK Ltd; Conjay Collectors Ammunition Company Ltd; Societe Suisse des Explosifs; SSE Group; BIAZZI SA; Almaz-Antey; United Aircraft Corporation; Tactical Missiles Corporation; Russian Helicopters; Uralvagonzavod; United Shipbuilding Corporation; Advanced Composites Solutions; AEL Sistemas; Aeromot; Agrale; Airship do Brasil; Telespazio; ARSAT; Airbus SE; Saudi Arabian Military Industries (SAMI); Advanced Electronics Company; Abu Dhabi Ship Building (ADSB); DragonFly Aerospace; Armscor; Atlantis Diesel Engines; Atlas Aircraft Corporation; OneWeb
- Countries: Australia, China, India, Indonesia, Japan, South Korea, Bangladesh, Thailand, Vietnam, Malaysia, Singapore, Philippines, Hong Kong, New Zealand, USA, Canada, Mexico, Brazil, Chile, Argentina, Colombia, Peru, France, Germany, UK, Austria, Belgium, Denmark, Finland, Ireland, Italy, Netherlands, Norway, Portugal, Spain, Sweden, Switzerland, Russia, Czech Republic, Poland, Romania, Ukraine, Saudi Arabia, Israel, Iran, Turkey, UAE, Egypt, Nigeria, South Africa
- Regions: Asia-Pacific; Western Europe; Eastern Europe; North America; South America; Middle East; Africa
- Time Series: Five years historic and ten years forecast.
- Data: Ratios of market size and growth to related markets, GDP proportions, expenditure per capita,
- Data Segmentations: country and regional historic and forecast data, market share of competitors, market segments.
- Sourcing and Referencing: Data and analysis throughout the report is sourced using end notes.
- Delivery Format: PDF, Word and Excel Data Dashboard.
Table of Contents
1. Executive Summary
2. Defense Market Characteristics
3. Defense Market Trends And Strategies
4. Defense Market - Macro Economic Scenario Including The Impact Of Interest Rates, Inflation, Geopolitics, Trade Wars and Tariffs, And Covid And Recovery On The Market
- 4.1. Supply Chain Impact from Tariff War & Trade Protectionism
5. Global Defense Growth Analysis And Strategic Analysis Framework
- 5.1. Global Defense PESTEL Analysis (Political, Social, Technological, Environmental and Legal Factors, Drivers and Restraints)
- 5.2. Analysis Of End Use Industries
- 5.3. Global Defense Market Growth Rate Analysis
- 5.4. Global Defense Historic Market Size and Growth, 2019 - 2024, Value ($ Billion)
- 5.5. Global Defense Forecast Market Size and Growth, 2024 - 2029, 2034F, Value ($ Billion)
- 5.6. Global Defense Total Addressable Market (TAM)
6. Defense Market Segmentation
- 6.1. Global Defense Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
- Air-Based Defense Equipment
- Sea-Based Defense Equipment
- Land-Based Defense Equipment
- Defense Equipment Maintenance
- Repair And Overhauling Services
- Defense Support And Auxiliary Equipment
- 6.2. Global Defense Market, Segmentation By Operation, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
- Autonomous Defense Equipment
- Manual
- 6.3. Global Defense Market, Segmentation By Platform, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
- Airborne
- Land
- Naval
- 6.4. Global Defense Market, Sub-Segmentation Of Air-Based Defense Equipment, By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
- Combat Aircraft
- Unmanned Aerial Vehicles (UAVs) or Drones
- Air Defense Systems
- Helicopters
- Surveillance And Reconnaissance Aircraft
- 6.5. Global Defense Market, Sub-Segmentation Of Sea-Based Defense Equipment, By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
- Naval Vessels
- Amphibious Assault Ships
- Maritime Patrol Aircraft
- Naval Weapon Systems
- Mine Countermeasure Vessels
- 6.6. Global Defense Market, Sub-Segmentation Of Land-Based Defense Equipment, By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
- Armored Vehicles
- Artillery Systems
- Infantry Fighting Vehicles (IFVs)
- Military Trucks and Logistics Vehicles
- Ground-based Missile Systems
- 6.7. Global Defense Market, Sub-Segmentation Of Defense Equipment Maintenance, By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
- Scheduled Maintenance
- Unscheduled Maintenance
- Technical Support Services
- Logistics Support
- Fleet Management
- 6.8. Global Defense Market, Sub-Segmentation Of Repair and Overhauling Services, By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
- Component Repair
- Engine Overhaul
- Avionics Repair
- Structural Repair
- Systems Integration and Testing
7. Defense Market Regional And Country Analysis
- 7.1. Global Defense Market, Split By Region, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
- 7.2. Global Defense Market, Split By Country, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
8. Asia-Pacific Defense Market
- 8.1. Asia-Pacific Defense Market Overview
- Region Information, Market Information, Background Information, Government Initiatives, Regulations, Regulatory Bodies, Major Associations, Taxes Levied, Corporate Tax Structure, Investments, Major Companies
- 8.2. Asia-Pacific Defense Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
- 8.3. Asia-Pacific Defense Market, Segmentation By Operation, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
- 8.4. Asia-Pacific Defense Market, Segmentation By Platform, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
9. China Defense Market
- 9.1. China Defense Market Overview
- 9.2. China Defense Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F,$ Billion
- 9.3. China Defense Market, Segmentation By Operation, Historic and Forecast, 2019-2024, 2024-2029F, 2034F,$ Billion
- 9.4. China Defense Market, Segmentation By Platform, Historic and Forecast, 2019-2024, 2024-2029F, 2034F,$ Billion
10. India Defense Market
- 10.1. India Defense Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
- 10.2. India Defense Market, Segmentation By Operation, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
- 10.3. India Defense Market, Segmentation By Platform, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
11. Japan Defense Market
- 11.1. Japan Defense Market Overview
- 11.2. Japan Defense Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
- 11.3. Japan Defense Market, Segmentation By Operation, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
- 11.4. Japan Defense Market, Segmentation By Platform, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
12. Australia Defense Market
- 12.1. Australia Defense Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
- 12.2. Australia Defense Market, Segmentation By Operation, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
- 12.3. Australia Defense Market, Segmentation By Platform, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
13. Indonesia Defense Market
- 13.1. Indonesia Defense Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
- 13.2. Indonesia Defense Market, Segmentation By Operation, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
- 13.3. Indonesia Defense Market, Segmentation By Platform, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
14. South Korea Defense Market
- 14.1. South Korea Defense Market Overview
- 14.2. South Korea Defense Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
- 14.3. South Korea Defense Market, Segmentation By Operation, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
- 14.4. South Korea Defense Market, Segmentation By Platform, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
15. Bangladesh Defense Market
- 15.1. Bangladesh Defense Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
- 15.2. Bangladesh Defense Market, Segmentation By Operation, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
- 15.3. Bangladesh Defense Market, Segmentation By Platform, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
16. Thailand Defense Market
- 16.1. Thailand Defense Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
- 16.2. Thailand Defense Market, Segmentation By Operation, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
- 16.3. Thailand Defense Market, Segmentation By Platform, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
17. Vietnam Defense Market
- 17.1. Vietnam Defense Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
- 17.2. Vietnam Defense Market, Segmentation By Operation, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
- 17.3. Vietnam Defense Market, Segmentation By Platform, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
18. Malaysia Defense Market
- 18.1. Malaysia Defense Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
- 18.2. Malaysia Defense Market, Segmentation By Operation, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
- 18.3. Malaysia Defense Market, Segmentation By Platform, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
19. Singapore Defense Market
- 19.1. Singapore Defense Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
- 19.2. Singapore Defense Market, Segmentation By Operation, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
- 19.3. Singapore Defense Market, Segmentation By Platform, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
20. Philippines Defense Market
- 20.1. Philippines Defense Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
- 20.2. Philippines Defense Market, Segmentation By Operation, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
- 20.3. Philippines Defense Market, Segmentation By Platform, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
21. Hong Kong Defense Market
- 21.1. Hong Kong Defense Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
- 21.2. Hong Kong Defense Market, Segmentation By Operation, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
- 21.3. Hong Kong Defense Market, Segmentation By Platform, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
22. New Zealand Defense Market
- 22.1. New Zealand Defense Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
- 22.2. New Zealand Defense Market, Segmentation By Operation, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
- 22.3. New Zealand Defense Market, Segmentation By Platform, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
23. Western Europe Defense Market
- 23.1. Western Europe Defense Market Overview
- 23.2. Western Europe Defense Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
- 23.3. Western Europe Defense Market, Segmentation By Operation, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
- 23.4. Western Europe Defense Market, Segmentation By Platform, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
24. UK Defense Market
- 24.1. UK Defense Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
- 24.2. UK Defense Market, Segmentation By Operation, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
- 24.3. UK Defense Market, Segmentation By Platform, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
25. Germany Defense Market
- 25.1. Germany Defense Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
- 25.2. Germany Defense Market, Segmentation By Operation, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
- 25.3. Germany Defense Market, Segmentation By Platform, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
26. France Defense Market
- 26.1. France Defense Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
- 26.2. France Defense Market, Segmentation By Operation, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
- 26.3. France Defense Market, Segmentation By Platform, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
27. Italy Defense Market
- 27.1. Italy Defense Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
- 27.2. Italy Defense Market, Segmentation By Operation, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
- 27.3. Italy Defense Market, Segmentation By Platform, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
28. Spain Defense Market
- 28.1. Spain Defense Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
- 28.2. Spain Defense Market, Segmentation By Operation, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
- 28.3. Spain Defense Market, Segmentation By Platform, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
29. Spain Defense Market
- 29.1. Spain Defense Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
- 29.2. Spain Defense Market, Segmentation By Operation, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
- 29.3. Spain Defense Market, Segmentation By Platform, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
30. Austria Defense Market
- 30.1. Austria Defense Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
- 30.2. Austria Defense Market, Segmentation By Operation, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
- 30.3. Austria Defense Market, Segmentation By Platform, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
31. Belgium Defense Market
- 31.1. Belgium Defense Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
- 31.2. Belgium Defense Market, Segmentation By Operation, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
- 31.3. Belgium Defense Market, Segmentation By Platform, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
32. Denmark Defense Market
- 32.1. Denmark Defense Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
- 32.2. Denmark Defense Market, Segmentation By Operation, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
- 32.3. Denmark Defense Market, Segmentation By Platform, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
33. Finland Defense Market
- 33.1. Finland Defense Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
- 33.2. Finland Defense Market, Segmentation By Operation, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
- 33.3. Finland Defense Market, Segmentation By Platform, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
34. Ireland Defense Market
- 34.1. Ireland Defense Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
- 34.2. Ireland Defense Market, Segmentation By Operation, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
- 34.3. Ireland Defense Market, Segmentation By Platform, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
35. Netherlands Defense Market
- 35.1. Netherlands Defense Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
- 35.2. Netherlands Defense Market, Segmentation By Operation, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
- 35.3. Netherlands Defense Market, Segmentation By Platform, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
36. Norway Defense Market
- 36.1. Norway Defense Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
- 36.2. Norway Defense Market, Segmentation By Operation, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
- 36.3. Norway Defense Market, Segmentation By Platform, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
37. Portugal Defense Market
- 37.1. Portugal Defense Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
- 37.2. Portugal Defense Market, Segmentation By Operation, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
- 37.3. Portugal Defense Market, Segmentation By Platform, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
38. Sweden Defense Market
- 38.1. Sweden Defense Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
- 38.2. Sweden Defense Market, Segmentation By Operation, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
- 38.3. Sweden Defense Market, Segmentation By Platform, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
39. Switzerland Defense Market
- 39.1. Switzerland Defense Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
- 39.2. Switzerland Defense Market, Segmentation By Operation, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
- 39.3. Switzerland Defense Market, Segmentation By Platform, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
40. Eastern Europe Defense Market
- 40.1. Eastern Europe Defense Market Overview
- 40.2. Eastern Europe Defense Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
- 40.3. Eastern Europe Defense Market, Segmentation By Operation, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
- 40.4. Eastern Europe Defense Market, Segmentation By Platform, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
41. Russia Defense Market
- 41.1. Russia Defense Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
- 41.2. Russia Defense Market, Segmentation By Operation, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
- 41.3. Russia Defense Market, Segmentation By Platform, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
42. Czech Republic Defense Market
- 42.1. Czech Republic Defense Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
- 42.2. Czech Republic Defense Market, Segmentation By Operation, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
- 42.3. Czech Republic Defense Market, Segmentation By Platform, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
43. Poland Defense Market
- 43.1. Poland Defense Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
- 43.2. Poland Defense Market, Segmentation By Operation, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
- 43.3. Poland Defense Market, Segmentation By Platform, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
44. Romania Defense Market
- 44.1. Romania Defense Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
- 44.2. Romania Defense Market, Segmentation By Operation, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
- 44.3. Romania Defense Market, Segmentation By Platform, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
45. Ukraine Defense Market
- 45.1. Ukraine Defense Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
- 45.2. Ukraine Defense Market, Segmentation By Operation, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
- 45.3. Ukraine Defense Market, Segmentation By Platform, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
46. North America Defense Market
- 46.1. North America Defense Market Overview
- 46.2. North America Defense Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
- 46.3. North America Defense Market, Segmentation By Operation, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
- 46.4. North America Defense Market, Segmentation By Platform, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
47. USA Defense Market
- 47.1. USA Defense Market Overview
- 47.2. USA Defense Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
- 47.3. USA Defense Market, Segmentation By Operation, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
- 47.4. USA Defense Market, Segmentation By Platform, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
48. Canada Defense Market
- 48.1. Canada Defense Market Overview
- 48.2. Canada Defense Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
- 48.3. Canada Defense Market, Segmentation By Operation, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
- 48.4. Canada Defense Market, Segmentation By Platform, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
- 49.1. Mexico Defense Market Overview
- 49.2. Mexico Defense Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
- 49.3. Mexico Defense Market, Segmentation By Operation, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
- 49.4. Mexico Defense Market, Segmentation By Platform, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
50. South America Defense Market
- 50.1. South America Defense Market Overview
- 50.2. South America Defense Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
- 50.3. South America Defense Market, Segmentation By Operation, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
- 50.4. South America Defense Market, Segmentation By Platform, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
51. Brazil Defense Market
- 51.1. Brazil Defense Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
- 51.2. Brazil Defense Market, Segmentation By Operation, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
- 51.3. Brazil Defense Market, Segmentation By Platform, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
52. Chile Defense Market
- 52.1. Chile Defense Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
- 52.2. Chile Defense Market, Segmentation By Operation, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
- 52.3. Chile Defense Market, Segmentation By Platform, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
53. Argentina Defense Market
- 53.1. Argentina Defense Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
- 53.2. Argentina Defense Market, Segmentation By Operation, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
- 53.3. Argentina Defense Market, Segmentation By Platform, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
54. Colombia Defense Market
- 54.1. Colombia Defense Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
- 54.2. Colombia Defense Market, Segmentation By Operation, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
- 54.3. Colombia Defense Market, Segmentation By Platform, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
55. Peru Defense Market
- 55.1. Peru Defense Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
- 55.2. Peru Defense Market, Segmentation By Operation, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
- 55.3. Peru Defense Market, Segmentation By Platform, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
56. Middle East Defense Market
- 56.1. Middle East Defense Market Overview
- 56.2. Middle East Defense Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
- 56.3. Middle East Defense Market, Segmentation By Operation, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
- 56.4. Middle East Defense Market, Segmentation By Platform, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
57. Saudi Arabia Defense Market
- 57.1. Saudi Arabia Defense Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
- 57.2. Saudi Arabia Defense Market, Segmentation By Operation, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
- 57.3. Saudi Arabia Defense Market, Segmentation By Platform, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
58. Israel Defense Market
- 58.1. Israel Defense Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
- 58.2. Israel Defense Market, Segmentation By Operation, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
- 58.3. Israel Defense Market, Segmentation By Platform, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
59. Iran Defense Market
- 59.1. Iran Defense Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
- 59.2. Iran Defense Market, Segmentation By Operation, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
- 59.3. Iran Defense Market, Segmentation By Platform, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
60. Turkey Defense Market
- 60.1. Turkey Defense Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
- 60.2. Turkey Defense Market, Segmentation By Operation, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
- 60.3. Turkey Defense Market, Segmentation By Platform, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
61. United Arab Emirates Defense Market
- 61.1. United Arab Emirates Defense Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
- 61.2. United Arab Emirates Defense Market, Segmentation By Operation, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
- 61.3. United Arab Emirates Defense Market, Segmentation By Platform, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
62. Africa Defense Market
- 62.1. Africa Defense Market Overview
- 62.2. Africa Defense Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
- 62.3. Africa Defense Market, Segmentation By Operation, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
- 62.4. Africa Defense Market, Segmentation By Platform, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
63. Egypt Defense Market
- 63.1. Egypt Defense Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
- 63.2. Egypt Defense Market, Segmentation By Operation, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
- 63.3. Egypt Defense Market, Segmentation By Platform, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
64. Nigeria Defense Market
- 64.1. Nigeria Defense Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
- 64.2. Nigeria Defense Market, Segmentation By Operation, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
- 64.3. Nigeria Defense Market, Segmentation By Platform, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
65. South Africa Defense Market
- 65.1. South Africa Defense Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
- 65.2. South Africa Defense Market, Segmentation By Operation, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
- 65.3. South Africa Defense Market, Segmentation By Platform, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
66. Defense Market Competitive Landscape And Company Profiles
- 66.1. Defense Market Competitive Landscape
- 66.2. Defense Market Company Profiles
- 66.2.1. Lockheed Martin Corporation Overview, Products and Services, Strategy and Financial Analysis
- 66.2.2. Raytheon Technologies Corporation Overview, Products and Services, Strategy and Financial Analysis
- 66.2.3. Northrop Grumman Corp Overview, Products and Services, Strategy and Financial Analysis
- 66.2.4. General Dynamics Overview, Products and Services, Strategy and Financial Analysis
- 66.2.5. The Boeing Company Overview, Products and Services, Strategy and Financial Analysis
67. Defense Market Other Major And Innovative Companies
- 67.1. BAE Systems plc
- 67.2. L3Harris Technologies
- 67.3. Leonardo SpA
- 67.4. Thales Group
- 67.5. Huntington Ingalls Industries Inc
- 67.6. Excel Laser Technology Private Limited
- 67.7. Acuity Laser Measurement
- 67.8. Prakash Laser
- 67.9. Infrared Optics
- 67.10. Kalaimakal Systems Private Limited
- 67.11. Baoding Triangel Rsd Electronics Technology Limited
- 67.12. Beijing Be-Better Technology Co., Ltd
- 67.13. Shanghai Zhangjiagang Baorui Machinery Co., Ltd
- 67.14. Guangzhou Blixun Electronics Co., Ltd
- 67.15. Xi'an Lonn M&E Equipment Co., Ltd
68. Global Defense Market Competitive Benchmarking And Dashboard
69. Key Mergers And Acquisitions In The Defense Market
70. Recent Developments In The Defense Market
71. Defense Market High Potential Countries, Segments and Strategies
- 71.1 Defense Market In 2029 - Countries Offering Most New Opportunities
- 71.2 Defense Market In 2029 - Segments Offering Most New Opportunities
- 71.3 Defense Market In 2029 - Growth Strategies
- 71.3.1 Market Trend Based Strategies
- 71.3.2 Competitor Strategies
72. Appendix
- 72.1. Abbreviations
- 72.2. Currencies
- 72.3. Historic And Forecast Inflation Rates
- 72.4. Research Inquiries
- 72.5. The Business Research Company
- 72.6. Copyright And Disclaimer
- 250717_r25572u_Defense_GMR_2025
