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Defense Global Market Report 2022, By Type, Operation, Platform

  • ID: 5550208
  • Report
  • February 2022
  • Region: Global
  • 400 Pages
  • The Business Research Company

FEATURED COMPANIES

  • Airbus Group SE
  • Bae Systems plc.
  • General Dynamics
  • Leonardo SpA
  • Northrop Grumman Corp.
  • Raytheon Co.
Defense Global Market Report 2022 provides the strategists, marketers and senior management with the critical information they need to assess the global defense market as it emerges from the Covid 19 shut down.



Reasons to Purchase

  • Gain a truly global perspective with the most comprehensive report available on this market covering 50+ geographies.
  • Understand how the market is being affected by the coronavirus and how it is likely to emerge and grow as the impact of the virus abates.
  • Create regional and country strategies on the basis of local data and analysis.
  • Identify growth segments for investment.
  • Outperform competitors using forecast data and the drivers and trends shaping the market.
  • Understand customers based on the latest market research findings.
  • Benchmark performance against key competitors.
  • Utilize the relationships between key data sets for superior strategizing.
  • Suitable for supporting your internal and external presentations with reliable high quality data and analysis

Description:

Where is the largest and fastest growing market for the defense? How does the market relate to the overall economy, demography and other similar markets? What forces will shape the market going forward? The Defense market global report 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. It places the market within the context of the wider defense market, and compares it with other markets.

  • 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, the impact of the Covid 19 virus and forecasting its recovery.
  • Market segmentations break down 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. It covers the impact and recovery trajectory of Covid 19 for all regions, key developed countries and major emerging markets.
  • Competitive landscape 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.
  • The defense market section of the report gives context. It compares the defense market with other segments of the aerospace & defense market by size and growth, historic and forecast. It analyses GDP proportion, expenditure per capita, defense indicators comparison.

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 Covered: Fighter Aircrafts; Military Helicopters; Military Gliders and Drones; Battle Force Ships (Aircraft Carriers, Frigates, Destroyers, Corvettes, Torpedo Boats, Support crafts); Submarines (including Nuclear Submarines); Armored Vehicles; Missiles; Tanks; Small Arms and Light Weapons; Air based Defense Equipment MRO Services; Water based Defense Equipment MRO Services; Land based Defense Equipment MRO Services; Military Radars; Military Satellites; Other Defense Support and Auxiliary Equipment

Companies Mentioned: Lockheed Martin Corporation; Raytheon Technologies Corporation; The Boeing Company; Raytheon Co.; Northrop Grumman Corp.

Metrics Covered: Number of Enterprises; Number of Employees

Countries: Argentina; Australia; Austria; Belgium; Brazil; Canada; Chile; China; Colombia; Czech Republic; Denmark; Egypt; Finland; France; Germany; Hong Kong; India; Indonesia; Ireland; Israel; Italy; Japan; Malaysia; Mexico; Netherlands; New Zealand; Nigeria; Norway; Peru; Philippines; Poland; Portugal; Romania; Russia; Saudi Arabia; Singapore; South Africa; South Korea; Spain; Sweden; Switzerland; Thailand; Turkey; UAE; UK; USA; Venezuela; Vietnam

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, defense indicators comparison.

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.


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Frequently Asked Questions about the Global Defense Market

What is the estimated value of the Global Defense Market?

The Global Defense Market was estimated to be valued at $483.5 billion in 2022.

What is the growth rate of the Global Defense Market?

The growth rate of the Global Defense Market is 5.8%, with an estimated value of $604.8 billion by 2026.

What is the forecasted size of the Global Defense Market?

The Global Defense Market is estimated to be worth $604.8 billion by 2026.

Who are the key companies in the Global Defense Market?

Key companies in the Global Defense Market include Lockheed Martin Corporation, Raytheon Technologies Corporation, The Boeing Company, Raytheon Co., Northrop Grumman Corp., Bae Systems plc., Airbus Group SE, Leonardo SpA and General Dynamics.

FEATURED COMPANIES

  • Airbus Group SE
  • Bae Systems plc.
  • General Dynamics
  • Leonardo SpA
  • Northrop Grumman Corp.
  • Raytheon Co.

1. Executive Summary2. Report Structure
3. Defense Market Characteristics
3.1. Market Definition
3.2. Key Segmentations
4. Defense Market Product Analysis
4.1. Leading Products/ Services
4.2. Key Features and Differentiators
4.3. Development Products
5. Defense Market Supply Chain
5.1. Supply Chain
5.2. Distribution
5.3. End Customers
6. Defense Market Customer Information
6.1. Customer Preferences
6.2. End User Market Size and Growth
7. Defense Market Trends And Strategies8. Impact Of COVID-19 On Defense
9. Defense Market Size And Growth
9.1. Market Size
9.2. Historic Market Growth, Value ($ Billion)
9.2.1. Drivers Of The Market
9.2.2. Restraints On The Market
9.3. Forecast Market Growth, Value ($ Billion)
9.3.1. Drivers Of The Market
9.3.2. Restraints On The Market
10. Defense Market Regional Analysis
10.1. Global Defense Market, 2021, By Region, Value ($ Billion)
10.2. Global Defense Market, 2016-2021, 2021-2026F, 2031F, Historic And Forecast, By Region
10.3. Global Defense Market, Growth And Market Share Comparison, By Region
11. Defense Market Segmentation
11.1. Global Defense Market, Segmentation By Type, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ 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
11.2. Global Defense Market, Segmentation By Operation, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
  • Autonomous Defense Equipment
  • Manual
11.3. Global Defense Market, Segmentation By Platform, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
  • Airborne
  • Land
  • Naval

12. Defense Market Segments
12.1. Global Air based Defense Equipment Market, Segmentation By Type, 2016-2021, 2021-2026F, 2031F, Value ($ Billion) - Fighter Aircrafts; Military Helicopters; Military Gliders and Drones
12.2. Global Sea based Defense Equipment Market, Segmentation By Type, 2016-2021, 2021-2026F, 2031F, Value ($ Billion) - Battle Force Ships (Aircraft Carriers, Frigates, Destroyers, Corvettes, Torpedo Boats, Support crafts); Submarines (including Nuclear Submarines)
12.3. Global Land based Defense Equipment Market, Segmentation By Type, 2016-2021, 2021-2026F, 2031F, Value ($ Billion) - Armored Vehicles; Missiles; Tanks; Small Arms and Light Weapons
12.4. Global Defense Equipment Maintenance, Repair and Overhauling Services Market, Segmentation By Type, 2016-2021, 2021-2026F, 2031F, Value ($ Billion) - Air based Defense Equipment MRO Services; Water based Defense Equipment MRO Services; Land based Defense Equipment MRO Services
12.5. Global Defense Support and Auxiliary Equipment Market, Segmentation By Type, 2016-2021, 2021-2026F, 2031F, Value ($ Billion) - Military Radars; Military Satellites; Other Defense Support and Auxiliary Equipment
13. Defense Market Metrics
13.1. Defense Market Size, Percentage Of GDP, 2016-2026, Global
13.2. Per Capita Average Defense Market Expenditure, 2016-2026, Global
14. Asia-Pacific Defense Market
14.1. Asia-Pacific Defense Market Overview
  • Region Information, Impact Of COVID-19, Market Information, Background Information, Government Initiatives, Regulations, Regulatory Bodies, Major Associations, Taxes Levied, Corporate Tax Structure, Investments, Major Companies
14.2. Asia-Pacific, Defense Market, 2021, By Country, Value ($ Billion)
14.3. Asia-Pacific, Defense Market, 2016-2021, 2021-2026F, 2031F, Historic And Forecast, By Country
14.4. Asia-Pacific, Defense Market, 2016-2021, 2021-2026F, 2031F, Growth And Market Share Comparison, By Country
14.5. Asia-Pacific, Defense Market Metrics
14.5.1. Defense Market Size, Percentage Of GDP, 2016-2026, Asia-Pacific Countries
14.5.2. Number of Enterprises, Defense Market, Defense Market/Number of Enterprises, 2021, Asia-Pacific Countries
14.5.3. Number of Employees, Defense Market, Defense Market/Number of Employees, 2021, Asia-Pacific Countries
14.6. Asia-Pacific Defense Market, Segmentation By Type, 2016-2021, 2021-2026F, 2031F, Value ($ Billion)
14.7. Asia-Pacific Defense Market: Country Analysis
14.7.1. China Defense Market
14.7.1.1. China Defense Market Overview
14.7.1.2. China Defense Market, Segmentation By Type, 2016-2021, 2021-2026F, 2031F, Value ($ Billion)
14.7.2. Australia Defense Market
14.7.2.1. Australia Defense Market, Segmentation By Type, 2016-2021, 2021-2026F, 2031F, Value ($ Billion)
14.7.3. Hong Kong Defense Market
14.7.3.1. Hong Kong Defense Market, Segmentation By Type, 2016-2021, 2021-2026F, 2031F, Value ($ Billion)
14.7.4. India Defense Market
14.7.4.1. India Defense Market, Segmentation By Type, 2016-2021, 2021-2026F, 2031F, Value ($ Billion)
14.7.5. Indonesia Defense Market
14.7.5.1. Indonesia Defense Market, Segmentation By Type, 2016-2021, 2021-2026F, 2031F, Value ($ Billion)
14.7.6. Japan Defense Market
14.7.6.1. Japan Defense Market, Segmentation By Type, 2016-2021, 2021-2026F, 2031F, Value ($ Billion)
14.7.7. Malaysia Defense Market
14.7.7.1. Malaysia Defense Market, Segmentation By Type, 2016-2021, 2021-2026F, 2031F, Value ($ Billion)
14.7.8. New Zealand Defense Market
14.7.8.1. New Zealand Defense Market, Segmentation By Type, 2016-2021, 2021-2026F, 2031F, Value ($ Billion)
14.7.9. Philippines Defense Market
14.7.9.1. Philippines Defense Market, Segmentation By Type, 2016-2021, 2021-2026F, 2031F, Value ($ Billion)
14.7.10. Singapore Defense Market
14.7.10.1. Singapore Defense Market, Segmentation By Type, 2016-2021, 2021-2026F, 2031F, Value ($ Billion)
14.7.11. South Korea Defense Market
14.7.11.1. South Korea Defense Market, Segmentation By Type, 2016-2021, 2021-2026F, 2031F, Value ($ Billion)
14.7.12. Thailand Defense Market
14.7.12.1. Thailand Defense Market, Segmentation By Type, 2016-2021, 2021-2026F, 2031F, Value ($ Billion)
14.7.13. Vietnam Defense Market
14.7.13.1. Vietnam Defense Market, Segmentation By Type, 2016-2021, 2021-2026F, 2031F, Value ($ Billion)
15. Western Europe Defense Market
15.1. Western Europe Defense Market Overview
15.2. Western Europe, Defense Market, 2021, By Country, Value ($ Billion)
15.3. Western Europe, Defense Market, 2016-2021, 2021-2026F, 2031F, Historic And Forecast, By Country
15.4. Western Europe, Defense Market, 2016-2021, 2021-2026F, 2031F, Growth And Market Share Comparison, By Country
15.5. Western Europe, Defense Market Metrics
15.5.1. Defense Market Size, Percentage Of GDP, 2016-2026, Western Europe Countries
15.5.2. Number of Enterprises, Defense Market, Defense Market/Number of Enterprises, 2021, Western Europe Countries
15.5.3. Number of Employees, Defense Market, Defense Market/Number of Employees, 2021, Western Europe Countries
15.6. Western Europe Defense Market, Segmentation By Type, 2016-2021, 2021-2026F, 2031F, Value ($ Billion)
15.7. Western Europe Defense Market: Country Analysis
15.7.1. Austria Defense Market
15.7.1.1. Austria Defense Market, Segmentation By Type, 2016-2021, 2021-2026F, 2031F, Value ($ Billion)
15.7.2. Belgium Defense Market
15.7.2.1. Belgium Defense Market, Segmentation By Type, 2016-2021, 2021-2026F, 2031F, Value ($ Billion)
15.7.3. Denmark Defense Market
15.7.3.1. Denmark Defense Market, Segmentation By Type, 2016-2021, 2021-2026F, 2031F, Value ($ Billion)
15.7.4. Finland Defense Market
15.7.4.1. Finland Defense Market, Segmentation By Type, 2016-2021, 2021-2026F, 2031F, Value ($ Billion)
15.7.5. France Defense Market
15.7.5.1. France Defense Market, Segmentation By Type, 2016-2021, 2021-2026F, 2031F, Value ($ Billion)
15.7.6. Germany Defense Market
15.7.6.1. Germany Defense Market, Segmentation By Type, 2016-2021, 2021-2026F, 2031F, Value ($ Billion)
15.7.7. Ireland Defense Market
15.7.7.1. Ireland Defense Market, Segmentation By Type, 2016-2021, 2021-2026F, 2031F, Value ($ Billion)
15.7.8. Italy Defense Market
15.7.8.1. Italy Defense Market, Segmentation By Type, 2016-2021, 2021-2026F, 2031F, Value ($ Billion)
15.7.9. Netherlands Defense Market
15.7.9.1. Netherlands Defense Market, Segmentation By Type, 2016-2021, 2021-2026F, 2031F, Value ($ Billion)
15.7.10. Norway Defense Market
15.7.10.1. Norway Defense Market, Segmentation By Type, 2016-2021, 2021-2026F, 2031F, Value ($ Billion)
15.7.11. Portugal Defense Market
15.7.11.1. Portugal Defense Market, Segmentation By Type, 2016-2021, 2021-2026F, 2031F, Value ($ Billion)
15.7.12. Spain Defense Market
15.7.12.1. Spain Defense Market, Segmentation By Type, 2016-2021, 2021-2026F, 2031F, Value ($ Billion)
15.7.13. Sweden Defense Market
15.7.13.1. Sweden Defense Market, Segmentation By Type, 2016-2021, 2021-2026F, 2031F, Value ($ Billion)
15.7.14. Switzerland Defense Market
15.7.14.1. Switzerland Defense Market, Segmentation By Type, 2016-2021, 2021-2026F, 2031F, Value ($ Billion)
15.7.15. UK Defense Market
15.7.15.1. UK Defense Market, Segmentation By Type, 2016-2021, 2021-2026F, 2031F, Value ($ Billion)
16. Eastern Europe Defense Market
16.1. Eastern Europe Defense Market Overview
16.2. Eastern Europe, Defense Market, 2021, By Country, Value ($ Billion)
16.3. Eastern Europe, Defense Market, 2016-2021, 2021-2026F, 2031F, Historic And Forecast, By Country
16.4. Eastern Europe, Defense Market, 2016-2021, 2021-2026F, 2031F, Growth And Market Share Comparison, By Country
16.5. Eastern Europe, Defense Market Metrics
16.5.1. Defense Market Size, Percentage Of GDP, 2016-2026, Eastern Europe Countries
16.5.2. Number of Enterprises, Defense Market, Defense Market/Number of Enterprises, 2021, Eastern Europe Countries
16.5.3. Number of Employees, Defense Market, Defense Market/Number of Employees, 2021, Eastern Europe Countries
16.6. Eastern Europe Defense Market, Segmentation By Type, 2016-2021, 2021-2026F, 2031F, Value ($ Billion)
16.7. Eastern Europe Defense Market: Country Analysis
16.7.1. Czech Republic Defense Market,
16.7.1.1. Czech Republic Defense Market, Segmentation By Type, 2016-2021, 2021-2026F, 2031F, Value ($ Billion)
16.7.2. Poland Defense Market
16.7.2.1. Poland Defense Market, Segmentation By Type, 2016-2021, 2021-2026F, 2031F, Value ($ Billion)
16.7.3. Romania Defense Market
16.7.3.1. Romania Defense Market, Segmentation By Type, 2016-2021, 2021-2026F, 2031F, Value ($ Billion)
16.7.4. Russia Defense Market
16.7.4.1. Russia Defense Market, Segmentation By Type, 2016-2021, 2021-2026F, 2031F, Value ($ Billion)
17. North America Defense Market
17.1. North America Defense Market Overview
17.2. North America, Defense Market, 2021, By Country, Value ($ Billion)
17.3. North America, Defense Market, 2016-2021, 2021-2026F, 2031F, Historic And Forecast, By Country
17.4. North America, Defense Market, 2016-2021, 2021-2026F, 2031F, Growth And Market Share Comparison, By Country
17.5. North America, Defense Market Metrics
17.5.1. Defense Market Size, Percentage Of GDP, 2016-2026, North America Countries
17.5.2. Number of Enterprises, Defense Market, Defense Market/Number of Enterprises, 2021, North America Countries
17.5.3. Number of Employees, Defense Market, Defense Market/Number of Employees, 2021, North America Countries
17.6. North America Defense Market, Segmentation By Type, 2016-2021, 2021-2026F, 2031F, Value ($ Billion)
17.7. North America Defense Market: Country Analysis
17.7.1. Canada Defense Market
17.7.1.1. Canada Defense Market, Segmentation By Type, 2016-2021, 2021-2026F, 2031F, Value ($ Billion)
17.7.2. Mexico Defense Market
17.7.2.1. Mexico Defense Market, Segmentation By Type, 2016-2021, 2021-2026F, 2031F, Value ($ Billion)
17.7.3. USA Defense Market
17.7.3.1. USA Defense Market Overview
17.7.3.2. USA Defense Market, Segmentation By Type, 2016-2021, 2021-2026F, 2031F, Value ($ Billion)
18. South America Defense Market
18.1. South America Defense Market Overview
18.2. South America, Defense Market, 2021, By Country, Value ($ Billion)
18.3. South America, Defense Market, 2016-2021, 2021-2026F, 2031F, Historic And Forecast, By Country
18.4. South America, Defense Market, 2016-2021, 2021-2026F, 2031F, Growth And Market Share Comparison, By Country
18.5. South America, Defense Market Metrics
18.5.1. Defense Market Size, Percentage Of GDP, 2016-2026, South America Countries
18.5.2. Number of Enterprises, Defense Market, Defense Market/Number of Enterprises, 2021, South America Countries
18.5.3. Number of Employees, Defense Market, Defense Market/Number of Employees, 2021, South America Countries
18.6. South America Defense Market, Segmentation By Type, 2016-2021, 2021-2026F, 2031F, Value ($ Billion)
18.7. South America Defense Market: Country Analysis
18.7.1. Argentina Defense Market
18.7.1.1. Argentina Defense Market, Segmentation By Type, 2016-2021, 2021-2026F, 2031F, Value ($ Billion)
18.7.2. Brazil Defense Market
18.7.2.1. Brazil Defense Market, Segmentation By Type, 2016-2021, 2021-2026F, 2031F, Value ($ Billion)
18.7.3. Chile Defense Market
18.7.3.1. Chile Defense Market, Segmentation By Type, 2016-2021, 2021-2026F, 2031F, Value ($ Billion)
18.7.4. Colombia Defense Market
18.7.4.1. Colombia Defense Market, Segmentation By Type, 2016-2021, 2021-2026F, 2031F, Value ($ Billion)
18.7.5. Peru Defense Market
18.7.5.1. Peru Defense Market, Segmentation By Type, 2016-2021, 2021-2026F, 2031F, Value ($ Billion)
18.7.6. Venezuela Defense Market
18.7.6.1. Venezuela Defense Market, Segmentation By Type, 2016-2021, 2021-2026F, 2031F, Value ($ Billion)
19. Middle East Defense Market
19.1. Middle East Defense Market Overview
19.2. Middle East, Defense Market, 2021, By Country, Value ($ Billion)
19.3. Middle East, Defense Market, 2016-2021, 2021-2026F, 2031F, Historic And Forecast, By Country
19.4. Middle East, Defense Market, 2016-2021, 2021-2026F, 2031F, Growth And Market Share Comparison, By Country
19.5. Middle East, Defense Market Metrics
19.5.1. Defense Market Size, Percentage Of GDP, 2016-2026, Middle East Countries
19.5.2. Number of Enterprises, Defense Market, Defense Market/Number of Enterprises, 2021, Middle East Countries
19.5.3. Number of Employees, Defense Market, Defense Market/Number of Employees, 2021, Middle East Countries
19.6. Middle East Defense Market, Segmentation By Type, 2016-2021, 2021-2026F, 2031F, Value ($ Billion)
19.7. Middle East Defense Market: Country Analysis
19.7.1. Saudi Arabia Defense Market
19.7.1.1. Saudi Arabia Defense Market, Segmentation By Type, 2016-2021, 2021-2026F, 2031F, Value ($ Billion)
19.7.2. Israel Defense Market
19.7.2.1. Israel Defense Market, Segmentation By Type, 2016-2021, 2021-2026F, 2031F, Value ($ Billion)
19.7.3. Turkey Defense Market
19.7.3.1. Turkey Defense Market, Segmentation By Type, 2016-2021, 2021-2026F, 2031F, Value ($ Billion)
19.7.4. UAE Defense Market
19.7.4.1. UAE Defense Market, Segmentation By Type, 2016-2021, 2021-2026F, 2031F, Value ($ Billion)
20. Africa Defense Market
20.1. Africa Defense Market Overview
20.2. Africa, Defense Market, 2021, By Country, Value ($ Billion)
20.3. Africa, Defense Market, 2016-2021, 2021-2026F, 2031F, Historic And Forecast, By Country
20.4. Africa, Defense Market, 2016-2021, 2021-2026F, 2031F, Growth And Market Share Comparison, By Country
20.5. Africa, Defense Market Metrics
20.5.1. Defense Market Size, Percentage Of GDP, 2016-2026, Africa Countries
20.5.2. Number of Enterprises, Defense Market, Defense Market/Number of Enterprises, 2021, Africa Countries
20.5.3. Number of Employees, Defense Market, Defense Market/Number of Employees, 2021, Africa Countries
20.6. Africa Defense Market, Segmentation By Type, 2016-2021, 2021-2026F, 2031F, Value ($ Billion)
20.7. Africa Defense Market: Country Analysis
20.7.1. Egypt Defense Market
20.7.1.1. Egypt Defense Market, Segmentation By Type, 2016-2021, 2021-2026F, 2031F, Value ($ Billion)
20.7.2. Nigeria Defense Market
20.7.2.1. Nigeria Defense Market, Segmentation By Type, 2016-2021, 2021-2026F, 2031F, Value ($ Billion)
20.7.3. South Africa Defense Market
20.7.3.1. South Africa Defense Market, Segmentation By Type, 2016-2021, 2021-2026F, 2031F, Value ($ Billion)
21. Defense Market Competitive Landscape
21.1. Competitive Market Overview
21.2. Market Shares
21.3. Company Profiles
21.3.1. Lockheed Martin Corporation
21.3.1.1. Company Overview
21.3.1.2. Products And Services
21.3.1.3. Strategy
21.3.1.4. Financial Performance
21.3.2. Raytheon Technologies Corporation
21.3.2.1. Company Overview
21.3.2.2. Products And Services
21.3.2.3. Strategy
21.3.2.4. Financial Performance
21.3.3. The Boeing Company
21.3.3.1. Company Overview
21.3.3.2. Products And Services
21.3.3.3. Strategy
21.3.3.4. Financial Performance
21.3.4. Raytheon Co
21.3.4.1. Company Overview
21.3.4.2. Products And Services
21.3.4.3. Strategy
21.3.4.4. Financial Performance
21.3.5. Northrop Grumman Corp
21.3.5.1. Company Overview
21.3.5.2. Products And Services
21.3.5.3. Strategy
21.3.5.4. Financial Performance
22. Key Mergers And Acquisitions In The Defense Market
23. Market Background: Aerospace & Defense Market
23.1. Aerospace & Defense Market Characteristics
23.2. Aerospace & Defense Market Historic and Forecast, 2016-2021, 2021-2026F, 2031F, Growth, By Segment, Value ($ Billion), Global
23.3. Global Aerospace & Defense Market, 2021, By Region, Value ($ Billion)
23.4. Global Aerospace & Defense Market, 2016-2021, 2021-2026F, 2031F, Historic And Forecast, By Region
23.5. Global Aerospace & Defense Market, 2016-2021, 2021-2026F, 2031F, Segmentation By Type, Value ($ Billion)
24. Recommendations
24.1. Global Defense Market In 2025- Growth Countries
24.2. Global Defense Market In 2025- Growth Segments
24.3. Global Defense Market In 2025- Growth Strategies
25. Appendix
25.1. NAICS Definitions Of Industry Covered In This Report
25.2. Abbreviations
25.3. Currencies
25.4. Research Inquiries
25.5. About The Publisher
26. Copyright And Disclaimer

FEATURED COMPANIES

  • Airbus Group SE
  • Bae Systems plc.
  • General Dynamics
  • Leonardo SpA
  • Northrop Grumman Corp.
  • Raytheon Co.
Major companies in the defense market include Lockheed Martin Corporation, Raytheon Technologies Corporation, The Boeing Company, Raytheon Co., Northrop Grumman Corp., Bae Systems plc., Airbus Group SE, Leonardo SpA, Thales group and General Dynamics.

The global defense market is expected to grow from $452.69 billion in 2021 to $483.47 billion in 2022 at a compound annual growth rate (CAGR) of 6.8%. The growth is mainly due to the companies rearranging their operations and recovering from the COVID-19 impact, which had earlier led to restrictive containment measures involving social distancing, remote working, and the closure of commercial activities that resulted in operational challenges. The market is expected to reach $604.82 billion in 2026 at a CAGR of 5.8%.

The defense market consists of sales of air-based, sea-based and land-based military equipment by entities (organizations, sole traders and partnerships) that produce air-based, sea-based and land-based military equipment including support and auxiliary equipment such as radar, satellites, sonars, and other
auxiliary equipment or maintain, repair and overhaul defense equipment. The defense market is segmented into air-based defense equipment; sea-based defense equipment; land-based defense equipment; defense equipment maintenance, repair, overhaul services, and defense support and auxiliary equipment.

The main defense types are air-based defense equipment, sea-based defense equipment, land-based defense equipment, defense equipment maintenance, repair and overhaul services, defense support, and auxiliary equipment. Air-based defense equipment includes support and auxiliary equipment for the air-based defense such as radar, satellites, sonars, and other auxiliary equipment. The various operation includes autonomous defense equipment, manual and involves various platforms such as airborne, land, naval.

Asia Pacific was the largest region in the defense market in 2021. Western Europe is expected to be the fastest growing region in the forecast period. The regions covered in this report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa.

The adoption of unmanned combat vehicles is one of the major trends in this market. An unmanned combat vehicle is a machine or motorized vehicle that runs without any physical human intervention. These vehicles have a set of sensors for 360-degree situational awareness and for optical avoidance, steering actuators, brake, and laser scanner along with other autonomous features enabling remote or autonomous functioning of the vehicle. It is majorly used to inspect the surroundings and transfer the information to the operator through teleoperation or make autonomous decisions to deal with situations involving several technical challenges. For instance, in January 2020, the U.S. Army awarded contracts for the development of Robotic Combat Vehicle- Medium (RCV-M). It is an unmanned robotic teleop combat vehicle with an onboard 20-to 50- millimeter automatic cannon. It can fight alongside infantry and destroy enemy armored personnel carriers, trucks, and troops.

Corner shot weapons are increasingly becoming popular due to the safety features they offer. A corner shot is a specialized weapon accessory, essentially a hinged chassis installed to a pistol such as a Glock, a handgun, or to a Beretta 92. The hinge chassis allows the gun’s frame to bend around the corner and attack the target without exposing the soldiers. It is also equipped with a bore-sighted, high-resolution video camera, LCD monitor, and a built-in tactical light for navigation and illumination. The corner shot rifles or guns are widely used in battle-fields, inside armored vehicles and tanks, on a turret up top, which will allow for a full 360-degree field cover while the triggerman remained safely inside the vehicle. The weapon is accurate and effective to 100 to 200 meters depending on the type of weapon.

Companies in the air-based defense equipment manufacturing market are increasingly investing in the development of autonomous fighter jets. Autonomous fighter jets are jets that do not require human pilots to fly and can fly for longer periods of time. Autonomous jets are equipped with sensors to scan for potential threats and process more information at a given time. These jets are well equipped to collect intelligent data about the enemy, block the electronic systems of enemy aircraft, and shoot down other threats in the air. Following the trend, Boeing Australia and Royal Australian Air Force (RAAF), in 2019, entered into a partnership to develop 3 prototypes of autonomous fighter jets named Airpower Teaming System or Loyal Wingman. These aircraft will fly alongside the piloted aircraft during battle to distract the enemies, assist in information gathering and surveillance.

The countries covered in the defense market report are Argentina, Australia, Austria, Belgium, Brazil, Canada, Chile, China, Colombia, Czech Republic, Denmark, Egypt, Finland, France, Germany, Hong Kong, India, Indonesia, Ireland, Israel, Italy, Japan, Malaysia, Mexico, Netherlands, New Zealand, Nigeria, Norway, Peru, Philippines, Poland, Portugal, Romania, Russia, Saudi Arabia, Singapore, South Africa, South Korea, Spain, Sweden, Switzerland, Thailand, Turkey, UAE, UK, USA, Venezuela and Vietnam.

A selection of companies mentioned in this report includes:

  • Lockheed Martin Corporation
  • Raytheon Technologies Corporation
  • The Boeing Company
  • Raytheon Co.
  • Northrop Grumman Corp.
  • Bae Systems plc.
  • Airbus Group SE
  • Leonardo SpA
  • Thales group
  • General Dynamics

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