Weapons Manufacturing: Global Strategic Business Report

Global Weapons Manufacturing Market to Reach $154.9 Billion by 2030

The global market for Weapons Manufacturing estimated at US$124.8 Billion in the year 2022, is projected to reach a revised size of US$154.9 Billion by 2030, growing at a CAGR of 2.7% over the analysis period 2022-2030. Small Arms, one of the segments analyzed in the report, is projected to record 4.1% CAGR and reach US$33.8 Billion by the end of the analysis period. Taking into account the ongoing post pandemic recovery, growth in the Explosives, Rockets & Mortars segment is readjusted to a revised 1.9% CAGR for the next 8-year period.

The U.S. Market is Estimated at $37.3 Billion, While China is Forecast to Grow at 2.3% CAGR

The Weapons Manufacturing market in the U.S. is estimated at US$37.3 Billion in the year 2022. China, the world's second largest economy, is forecast to reach a projected market size of US$26.6 Billion by the year 2030 trailing a CAGR of 2.3% over the analysis period 2022 to 2030. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 2.7% and 2% respectively over the 2022-2030 period. Within Europe, Germany is forecast to grow at approximately 2% CAGR.

Select Competitors (Total 41 Featured) -

• BAE Systems PLC
• General Dynamics Corporation
• L3 Technologies, Inc.
• Leonardo S.p.A
• Lockheed Martin Corporation
• Northrop Grumman Corporation
• Raytheon Company
• Thales Group
• The Boeing Company

What's New?

• Special coverage on Russia-Ukraine war; global inflation; easing of zero-Covid policy in China and its `bumpy` reopening; supply chain disruptions, global trade tensions; and risk of recession.
• Global competitiveness and key competitor percentage market shares
• Market presence across multiple geographies - Strong/Active/Niche/Trivial
• Online interactive peer-to-peer collaborative bespoke updates
• Access to digital archives and the publisher's Research Platform
• Complimentary updates for one year