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Defense Global Market Opportunities And Strategies To 2031

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    Report

  • 427 Pages
  • January 2023
  • Region: Global
  • The Business Research Company
  • ID: 5720994
This report describes and explains the defense market and covers 2016 to 2021, termed the historic period, and 2021 to 2026 termed the forecast period, along with further forecasts for the period 2026-2031. The report evaluates the market across each region and for the major economies within each region.

The defense market reached a value of nearly $474.69 billion in 2021, having grown at a compound annual growth rate (CAGR) of 4.0% since 2016. The market is expected to grow from $474.69 billion in 2021 to $687.84 billion in 2026 at a rate of 7.7%. The market is then expected to grow at a CAGR of 4.0% from 2026 and reach $838.03 billion in 2031.

Growth in the historic period resulted from 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. Defense budget reductions in developed nations, high currency rate fluctuations, geopolitical tensions, volatile raw material prices and coronavirus pandemic are the factors that hindered the market growth.

Going forward, government initiatives, technology advancement, increasing internal and external security threats, increasingly advanced military helicopters and increasing military modernization programs will drive the growth. Factors that could hinder the growth of the defense market in the future include increased cyber-attacks, global recession and stringent regulations.

The defense market is segmented by type into air-based defense equipment, sea-based defense equipment, land-based defense equipment, defense equipment maintenance, repair and overhauling services and defense support and auxiliary equipment. The air-based defense equipment market was the largest segment of the defense market segmented by type, accounting for 37.6% of the total in 2021. Going forward, the air-based defense equipment market is expected to be the fastest growing segment in the defense market segmented by type, at a CAGR of 8.4% during 2021-2026.

The air-based defense equipment market is further segmented by type into fighter aircrafts, military helicopters and military gliders and drones. The fighter aircrafts market was the largest segment of the air-based defense equipment market segmented by type, accounting for 55.3% of the total in 2021. Going forward, the military gliders and drones market is expected to be the fastest growing segment in the air-based defense equipment market segmented by type, at a CAGR of 9.6% during 2021-2026.

The sea-based defense equipment market is further segmented by type into battle force ships (aircraft carriers, frigates, destroyers, corvettes, torpedo boats, support crafts) and submarines (including nuclear submarines). The battle force ships (aircraft carriers, frigates, destroyers, corvettes, torpedo boats, support crafts) market was the largest segment of the sea-based defense equipment market segmented by type, accounting for 60.3% of the total in 2021. Going forward, the battle force ships (aircraft carriers, frigates, destroyers, corvettes, torpedo boats, support crafts) market is expected to be the fastest growing segment in the sea-based defense equipment market segmented by type, at a CAGR of 10.0% during 2021-2026.

The land-based defense equipment market is further segmented by type into armored vehicles, missiles, tanks and small arms and light weapons. The missiles market was the largest segment of the land-based defense equipment market segmented by type, accounting for 52.3% of the total in 2021. Going forward, the missiles market is expected to be the fastest growing segment in the land-based defense equipment market segmented by type, at a CAGR of 8.4% during 2021-2026.

The defense equipment maintenance, repair and overhauling services market is further segmented by type into air-based defense equipment MRO services, water based defense equipment MRO services and land-based defense equipment MRO services. The air-based defense equipment MRO services market was the largest segment of the defense equipment maintenance, repair and overhauling services market segmented by type, accounting for 25.2% of the total in 2021. Going forward, the air-based defense equipment MRO services market is expected to be the fastest growing segment in the defense equipment maintenance, repair and overhauling services market segmented by type, at a CAGR of 7.5% during 2021-2026.

The defense support and auxiliary equipment market is further segmented by type into military radars, military satellites and other defense support and auxiliary equipment. The military satellites market was the largest segment of the defense support and auxiliary equipment market segmented by type, accounting for 29.3% of the total in 2021. Going forward, the military radars market is expected to be the fastest growing segment in the defense support and auxiliary equipment market segmented by type, at a CAGR of 8.2% during 2021-2026.

The defense market is segmented by operation into autonomous defense equipment and manual. The manual market was the largest segment of the defense market segmented by operation, accounting for 89.3% of the total in 2021. Going forward, the autonomous defense equipment market is expected to be the fastest growing segment in the defense market segmented by operation, at a CAGR of 8.0% during 2021-2026.

The defense market is segmented by platform into airborne, land and naval. The airborne market was the largest segment of the defense market segmented by platform, accounting for 52.3% of the total in 2021. Going forward, the airborne market is expected to be the fastest growing segment in the defense market segmented by platform, at a CAGR of 8.1% during 2021-2026.

Asia Pacific was the largest region in the defense market, accounting for 33.6% of the total in 2021. It was followed by North America, Western Europe and then the other regions. Going forward, the fastest-growing regions in the defense market will be North America and South America where growth will be at CAGRs of 8.9% and 8.0% respectively. These will be followed by Asia Pacific and Africa where the markets are expected to grow at CAGRs of 7.9% and 7.7% respectively.

The global defense market is highly concentrated, with a large number of players. The top ten competitors in the market made up to 51.28% of the total market in 2021. The market concentration can be attributed to the high entry barriers and high costs associated with expansion. Going forward the market is expected to experience further consolidation with the rising number of mergers and collaboration among players in the market. Lockheed Martin Corporation was the largest competitor with 12.01% share of the market, followed by Raytheon Technologies Corporation with 7.74%, Northrop Grumman Corp with 7.33%, General Dynamics with 5.67%, The Boeing Company with 5.03%, BAE Systems plc with 3.71%, L3Harris Technologies with 3.19%, Leonardo SpA with 2.46%, Thales Group with 2.23%, and Huntington Ingalls Industries Inc. with 1.91%.

The top opportunities in the defense market segmented by type will arise in the air-based defense equipment segment, which will gain $89.1 billion of global annual sales by 2026. The top opportunities in the air-based defense equipment market segmented by type will arise in the fighter aircrafts segment, which will gain $51.3 billion of global annual sales by 2026. The top opportunities in the sea-based defense equipment market segmented by type will arise in the battle force ships (aircraft carriers, frigates, destroyers, corvettes, torpedo boats, support crafts) segment, which will gain $17.5 billion of global annual sales by 2026. The top opportunities in the land-based defense equipment market segmented by type will arise in the Missiles segment, which will gain $12.7 billion of global annual sales by 2026. The top opportunities in the defense equipment maintenance, repair and overhauling services market segmented by type will arise in the air-based defense equipment MRO services segment, which will gain $19.5 billion of global annual sales by 2026. The top opportunities in the defense support and auxiliary equipment market segmented by type will arise in the military radars segment, which will gain $24.5 billion of global annual sales by 2026. The top opportunities in segment by operation will arise in the manual segment, which will gain $189.4 billion of global annual sales by 2026. The top opportunities in segment by platform will arise in the airborne segment, which will gain $117.9 billion of global annual sales by 2026. The defense market size will gain the most in the USA at $58.6 billion.

Market-trend-based strategies for the defense market include the 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.

Player-adopted strategies in the defense market include focus on enhancing business by forming long term contracts to provide its services for critical missions, strategic investments in aligned businesses for future growth, expand product portfolio by developing new products and investing in modern warfare and missile technologies, aims to expand maritime operations through building new facilities and develop a robust defense infrastructure through investing in modern and advanced defense systems and companies.

To take advantage of the opportunities, the publisher recommends the defense companies to focus on unmanned combat vehicles, use 3D printing technology, use artificial intelligence (AI)in defense equipment, focus on use of day/night decamouflage technology, expand in emerging markets, continue to focus on developed markets, increase focus on mergers and acquisitions, provide competitively priced offerings, participate in trade shows and events, continue to use B2B promotions, continue to target fast-growing platforms.


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 $474.69 Billion in 2021.

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 $838.03 Billion by 2031.

What is the forecasted size of the Global Defense Market?

The Global Defense Market is estimated to be worth $838.03 Billion by 2031.

Who are the key companies in the Global Defense Market?

Key companies in the Global Defense Market include Lockheed Martin Corporation, Raytheon Technologies Corporation, Northrop Grumman Corp and The Boeing Company.

Table of Contents

1. Executive Summary

2. Table of Contents

3. List of Figures

4. List of Tables

5. Report Structure

6. Introduction and Market Characteristics
6.1. General Market Definition
6.2. Summary
6.3. Defense Market Definition and Segmentations
6.4. Market Segmentation By Type
6.4.1. Air Based Defense Equipment
6.4.2. Sea Based Defense Equipment
6.4.3. Land Based Defense Equipment
6.4.4. Defense Equipment Maintenance, Repair And Overhauling Services
6.4.5. Defense Support And Auxiliary Equipment
6.5. Market Segmentation By Operation
6.5.1. Autonomous Defense Equipment
6.5.2. Manual
6.6. Market Segmentation By Platform
6.6.1. Airborne
6.6.2. Land
6.6.3. Naval

7. Product/Service Analysis -Product/Service Examples

8. Supply Chain Analysis
8.1.1. Suppliers
8.1.2. Distribution
8.1.3. End Users

9. Customer Information
9.1. US Military Personnel Concerned About Keeping Pace With Adversaries
9.2. Space And Next-Gen Technologies Needed To Advance Defense Communications
9.3. US Defense Business Climate Suffers Due To COVID-19
9.4. Investment In Main Battle Tanks Is Worthwhile
9.5. Europeans Vote In Favor Of Defending Ukraine

10. Major Market Trends
10.1. The Adoption Of Unmanned Combat Vehicles
10.2. Innovative New Military Avionics Upgrade Programs
10.3. Augmented And Virtual Reality
10.4. Edge Computing In Defense
10.5. Use Of 3D Printing Technology
10.6. Strategic Mergers And Acquisitions
10.7. Use Of Artificial Intelligence (AI) In Defense Equipment (Drones, Helicopters And Others)
10.8. Design Upgradations And Modularity For Military-Style Weapons
10.9. Day/Night Decamouflage Technology For Light Weapons

11. Global Market Size And Growth
11.1. Market Size
11.2. Historic Market Growth, 2016 - 2021, Value ($ Billion)
11.2.1. Market Drivers 2016 - 2021
11.2.2. Market Restraints 2016 - 2021
11.3. Forecast Market Growth, 2021 - 2026, 2031F Value ($ Billion)
11.3.1. Market Drivers 2021 - 2026
11.3.2. Market Restraints 2021 - 2026

12. Global Market, Regional Analysis
12.1. Global Defense Market, By Region, Historic and Forecast, 2016 - 2021, 2026F, 2031F, Value ($ Billion)
12.2. Global Defense Market, 2016 - 2026, Historic And Forecast, By Region
12.3. Global Defense Market, 2021 - 2026, Growth And Market Share Comparison, By Region

13. Global Market Segmentation
13.1. Global Defense Market, Segmentation By Type, Historic And Forecast, 2016 - 2021, 2026F, 2031F, Value ($ Billion)
13.2. Global Defense Market, Segmentation By Operation, Historic And Forecast, 2016 - 2021, 2026F, 2031F, Value ($ Billion)
13.3. Global Defense Market, Segmentation By Platform, Historic And Forecast, 2016 - 2021, 2026F, 2031F, Value ($ Billion)

14. Defense Market Segments
14.1. Global Air Based Defense Equipment Market, Segmentation By Type, Historic And Forecast, 2016 - 2021, 2026F, 2031F, Value ($ Billion)
14.2. Global Sea Based Defense Equipment Market, Segmentation By Type, Historic And Forecast, 2016 - 2021, 2026F, 2031F, Value ($ Billion)
14.3. Global Land Based Defense Equipment Market, Segmentation By Type, Historic And Forecast, 2016 - 2021, 2026F, 2031F, Value ($ Billion)
14.4. Global Defense Equipment Maintenance, Repair And Overhauling Services Market, Segmentation By Type, Historic And Forecast, 2016 - 2021, 2026F, 2031F, Value ($ Billion)
14.5. Global Defense Support And Auxiliary Equipment Market, Segmentation By Type, Historic And Forecast, 2016 - 2021, 2026F, 2031F, Value ($ Billion)

15. Market Comparison with Macro Economic Factors
15.1. Defense Market Size, Percentage Of GDP, Global
15.2. Per Capita Average Defense Market Expenditure, Global

16. Asia-Pacific Market
16.1. Summary
16.2. Market Overview
16.2.1. Region Information
16.2.2. Market Information
16.2.3. Background Information
16.2.4. Government Initiatives
16.2.5. Regulations
16.2.6. Regulatory Bodies
16.2.7. Major Associations
16.2.8. Taxes Levied
16.2.9. Corporate Tax Structure
16.2.10. Investments
16.2.11. Major Companies
16.3. Asia-Pacific Defense Market, Segmentation By Type, Historic And Forecast, 2016 - 2021, 2026F, 2031F, Value ($ Billion)
16.4. Asia-Pacific Defense Market, 2021, By Country, Value ($ Billion)
16.5. Asia-Pacific Defense Market, 2016 - 2026, Historic And Forecast, By Country
16.6. Asia-Pacific Defense Market, 2021 - 2026, Growth And Market Share Comparison, By Country
16.7. Asia-Pacific Defense Market Metrics
16.7.1. Defense Market Size, Percentage Of GDP, 2021, Asia-Pacific Major Countries
16.7.2. Estimated Number Of Enterprises & Employees, Defense Market, Defense Market/Number of Enterprises & Employees, 2021, Asia-Pacific Countries
16.8. Asia-Pacific Defense Market: Country Analysis
16.9. Australia Market
16.10. Australia Defense Market, Segmentation By Type, Historic And Forecast, 2016 - 2021, 2026F, 2031F, Value ($ Billion)
16.11. Bangladesh Market
16.12. Bangladesh Defense Market, Segmentation By Type, Historic And Forecast, 2016 - 2021, 2026F, 2031F, Value ($ Billion)
16.13. China Market
16.14. Summary
16.15. Market Overview
16.15.1. Country Information
16.15.2. Market Information
16.15.3. Background Information
16.15.4. Government Initiatives
16.15.5. Regulations
16.15.6. Regulatory Bodies
16.15.7. Major Associations
16.15.8. Taxes Levied
16.15.9. Corporate Tax Structure
16.15.10. Investments
16.15.11. Major Companies
16.16. China Defense Market, Segmentation By Type, Historic And Forecast, 2016 - 2021, 2026F, 2031F, Value ($ Billion)
16.17. Hong Kong Market
16.18. Hong Kong Defense Market, Segmentation By Type, Historic And Forecast, 2016 - 2021, 2026F, 2031F, Value ($ Billion)
16.19. India Market
16.20. India Defense Market, Segmentation By Type, Historic And Forecast, 2016 - 2021, 2026F, 2031F, Value ($ Billion)
16.21. Indonesia Market
16.22. Indonesia Defense Market, Segmentation By Type, Historic And Forecast, 2016 - 2021, 2026F, 2031F, Value ($ Billion)
16.23. Japan Market
16.24. Japan Defense Market, Segmentation By Type, Historic And Forecast, 2016 - 2021, 2026F, 2031F, Value ($ Billion)
16.25. Malaysia Market
16.26. Malaysia Defense Market, Segmentation By Type, Historic And Forecast, 2016 - 2021, 2026F, 2031F, Value ($ Billion)
16.27. New Zealand Market
16.28. New Zealand Defense Market, Segmentation By Type, Historic And Forecast, 2016 - 2021, 2026F, 2031F, Value ($ Billion)
16.29. Philippines Defense Market
16.30. Philippines Defense Market, Segmentation By Type, Historic And Forecast, 2016 - 2021, 2026F, 2031F, Value ($ Billion)
16.31. Singapore Market
16.32. Singapore Defense Market, Segmentation By Type, Historic And Forecast, 2016 - 2021, 2026F, 2031F, Value ($ Billion)
16.33. South Korea Market
16.34. South Korea Defense Market, Segmentation By Type, Historic And Forecast, 2016 - 2021, 2026F, 2031F, Value ($ Billion)
16.35. Thailand Market
16.36. Thailand Defense Market, Segmentation By Type, Historic And Forecast, 2016 - 2021, 2026F, 2031F, Value ($ Billion)
16.37. Vietnam Market
16.38. Vietnam Defense Market, Segmentation By Type, Historic And Forecast, 2016 - 2021, 2026F, 2031F, Value ($ Billion)

17. Western Europe Market
17.1. Summary
17.2. Market Overview
17.2.1. Region Information
17.2.2. Market Information
17.2.3. Background information
17.2.4. Government Initiatives
17.2.5. Regulations
17.2.6. Regulatory Bodies
17.2.7. Major Associations
17.2.8. Taxes Levied
17.2.9. Corporate Tax Structure
17.2.10. Investments
17.2.11. Major Companies
17.3. Western Europe Defense Market, Segmentation By Type, Historic And Forecast, 2016 - 2021, 2026F, 2031F, Value ($ Billion)
17.4. Western Europe Defense Market, 2021, By Country, Value ($ Billion)
17.5. Western Europe Defense Market, 2016 - 2026, Historic And Forecast, By Country
17.6. Western Europe Defense Market, 2021 - 2026, Growth And Market Share Comparison, By Country
17.7. Western Europe Defense Market Metrics
17.7.1. Defense Market Size, Percentage Of GDP, 2021, Western Europe Major Countries
17.7.2. Estimated Number Of Enterprises & Employees, Defense Market, Defense Market/Number of Enterprises & Employees, 2021, Western Europe Countries
17.8. Western Europe Defense Market: Country Analysis
17.9. Austria Market
17.10. Austria Defense Market, Segmentation By Type, Historic And Forecast, 2016 - 2021, 2026F, 2031F, Value ($ Billion)
17.11. Belgium Market
17.12. Belgium Defense Market, Segmentation By Type, Historic And Forecast, 2016 - 2021, 2026F, 2031F, Value ($ Billion)
17.13. Denmark Market
17.14. Denmark Defense Market, Segmentation By Type, Historic And Forecast, 2016 - 2021, 2026F, 2031F, Value ($ Billion)
17.15. Finland Market
17.16. Finland Defense Market, Segmentation By Type, Historic And Forecast, 2016 - 2021, 2026F, 2031F, Value ($ Billion)
17.17. France Defense Market
17.18. France Defense Market, Segmentation By Type, Historic And Forecast, 2016 - 2021, 2026F, 2031F, Value ($ Billion)
17.19. Germany Market
17.20. Germany Defense Market, Segmentation By Type, Historic And Forecast, 2016 - 2021, 2026F, 2031F, Value ($ Billion)
17.21. Ireland Market
17.22. Ireland Defense Market, Segmentation By Type, Historic And Forecast, 2016 - 2021, 2026F, 2031F, Value ($ Billion)
17.23. Italy Market
17.24. Italy Defense Market, Segmentation By Type, Historic And Forecast, 2016 - 2021, 2026F, 2031F, Value ($ Billion)
17.25. Netherlands Market
17.26. Netherlands Defense Market, Segmentation By Type, Historic And Forecast, 2016 - 2021, 2026F, 2031F, Value ($ Billion)
17.27. Norway Market
17.28. Norway Defense Market, Segmentation By Type, Historic And Forecast, 2016 - 2021, 2026F, 2031F, Value ($ Billion)
17.29. Portugal Market
17.30. Portugal Defense Market, Segmentation By Type, Historic And Forecast, 2016 - 2021, 2026F, 2031F, Value ($ Billion)
17.31. Spain Market
17.32. Spain Defense Market, Segmentation By Type, Historic And Forecast, 2016 - 2021, 2026F, 2031F, Value ($ Billion)
17.33. Sweden Market
17.34. Sweden Defense Market, Segmentation By Type, Historic And Forecast, 2016 - 2021, 2026F, 2031F, Value ($ Billion)
17.35. Switzerland Market
17.36. Switzerland Defense Market, Segmentation By Type, Historic And Forecast, 2016 - 2021, 2026F, 2031F, Value ($ Billion)
17.37. UK Market
17.38. UK Defense Market, Segmentation By Type, Historic And Forecast, 2016 - 2021, 2026F, 2031F, Value ($ Billion)

18. Eastern Europe Market
18.1. Summary
18.2. Market Overview
18.2.1. Region Information
18.2.2. Market Information
18.2.3. Background Information
18.2.4. Government Initiatives
18.2.5. Regulations
18.2.6. Regulatory Bodies
18.2.7. Major Associations
18.2.8. Taxes Levied
18.2.9. Corporate Tax Structure
18.2.10. Investments
18.2.11. Major Companies
18.3. Eastern Europe Defense Market, Segmentation By Type, Historic And Forecast, 2016 - 2021, 2026F, 2031F, Value ($ Billion)
18.4. Eastern Europe Defense Market, 2021, By Country, Value ($ Billion)
18.5. Eastern Europe Defense Market, 2016 - 2026, Historic And Forecast, By Country
18.6. Eastern Europe Defense Market, 2021 - 2026, Growth And Market Share Comparison, By Country
18.7. Eastern Europe Defense Market Metrics
18.7.1. Defense Market Size, Percentage Of GDP, 2021, Eastern Europe Major Countries
18.7.2. Estimated Number Of Enterprises & Employees, Defense Market, Defense Market/Number of Enterprises & Employees, 2021, Eastern Europe Countries
18.8. Eastern Europe Defense Market: Country Analysis
18.9. Czech Republic Market
18.10. Czech Republic Defense Market, Segmentation By Type, Historic And Forecast, 2016 - 2021, 2026F, 2031F, Value ($ Billion)
18.11. Poland Market
18.12. Poland Defense Market, Segmentation By Type, Historic And Forecast, 2016 - 2021, 2026F, 2031F, Value ($ Billion)
18.13. Romania Market
18.14. Romania Defense Market, Segmentation By Type, Historic And Forecast, 2016 - 2021, 2026F, 2031F, Value ($ Billion)
18.15. Russia Market
18.16. Russia Defense Market, Segmentation By Type, Historic And Forecast, 2016 - 2021, 2026F, 2031F, Value ($ Billion)
18.17. Ukraine Market
18.18. Ukraine Defense Market, Segmentation By Type, Historic And Forecast, 2016 - 2021, 2026F, 2031F, Value ($ Billion)

19. North America Market
19.1. Summary
19.2. Market Overview
19.2.1. Region Information
19.2.2. Market Information
19.2.3. Background Information
19.2.4. Government initiatives
19.2.5. Regulations
19.2.6. Regulatory Bodies
19.2.7. Major Associations
19.2.8. Taxes Levied
19.2.9. Corporate Tax Structure
19.2.10. Investments
19.2.11. Major Companies
19.3. North America Defense Market, Segmentation By Type, Historic And Forecast, 2016 - 2021, 2026F, 2031F, Value ($ Billion)
19.4. North America Defense Market, 2021, By Country, Value ($ Billion)
19.5. North America Defense Market, 2016 - 2026, Historic And Forecast, By Country
19.6. North America Defense Market, 2021 - 2026, Growth And Market Share Comparison, By Country
19.7. North America Defense Market Metrics
19.7.1. Defense Market Size, Percentage Of GDP, 2021, North America Major Countries
19.7.2. Estimated Number Of Enterprises & Employees, Defense Market, Defense Market/Number of Enterprises & Employees, 2021, North America Countries
19.8. North America Defense Market: Country Analysis
19.9. Canada Market
19.10. Canada Defense Market, Segmentation By Type, Historic And Forecast, 2016 - 2021, 2026F, 2031F, Value ($ Billion)
19.11. Mexico Market
19.12. Mexico Defense Market, Segmentation By Type, Historic And Forecast, 2016 - 2021, 2026F, 2031F, Value ($ Billion)
19.13. USA Market
19.14. Summary
19.15. Market Overview
19.15.1. Country Information
19.15.2. Market Information
19.15.3. Background Information
19.15.4. Government Initiatives
19.15.5. Regulations
19.15.6. Regulatory Bodies
19.15.7. Major Associations
19.15.8. Taxes Levied
19.15.9. Corporate Tax Structure
19.15.10. Investments
19.15.11. Major Companies
19.16. USA Defense Market, Segmentation By Type, Historic And Forecast, 2016 - 2021, 2026F, 2031F, Value ($ Billion)

20. South America Market
20.1. Summary
20.2. Market Overview
20.2.1. Region Information
20.2.2. Market Information
20.2.3. Background Information
20.2.4. Government Initiatives
20.2.5. Regulations
20.2.6. Regulatory Bodies
20.2.7. Major Associations
20.2.8. Taxes Levied
20.2.9. Corporate Tax Structure
20.2.10. Investments
20.2.11. Major Companies
20.3. South America Defense Market, Segmentation By Type, Historic And Forecast, 2016 - 2021, 2026F, 2031F, Value ($ Billion)
20.4. South America Defense Market, 2021, By Country, Value ($ Billion)
20.5. South America Defense Market, 2016 - 2026, Historic And Forecast, By Country
20.6. South America Defense Market, 2021 - 2026, Growth And Market Share Comparison, By Country
20.7. South America Defense Market Metrics
20.7.1. Defense Market Size, Percentage Of GDP, 2021, South America Major Countries
20.7.2. Estimated Number Of Enterprises & Employees, Defense Market, Defense Market/Number of Enterprises & Employees, 2021, South America Countries
20.8. South America Defense Market: Country Analysis
20.9. Argentina Market
20.10. Argentina Defense Market, Segmentation By Type, Historic And Forecast, 2016 - 2021, 2026F, 2031F, Value ($ Billion)
20.11. Brazil Market
20.12. Brazil Defense Market, Segmentation By Type, Historic And Forecast, 2016 - 2021, 2026F, 2031F, Value ($ Billion)
20.13. Chile Market
20.14. Chile Defense Market, Segmentation By Type, Historic And Forecast, 2016 - 2021, 2026F, 2031F, Value ($ Billion)
20.15. Colombia Market
20.16. Colombia Defense Market, Segmentation By Type, Historic And Forecast, 2016 - 2021, 2026F, 2031F, Value ($ Billion)
20.17. Peru Market
20.18. Peru Defense Market, Segmentation By Type, Historic And Forecast, 2016 - 2021, 2026F, 2031F, Value ($ Billion)

21. Middle East Market
21.1. Summary
21.2. Market Overview
21.2.1. Region Information
21.2.2. Market Information
21.2.3. Background Information
21.2.4. Government Initiatives
21.2.5. Regulations
21.2.6. Regulatory Bodies
21.2.7. Major Associations
21.2.8. Taxes Levied
21.2.9. Corporate Tax Structure
21.2.10. Investments
21.2.11. Major Companies
21.3. Middle East Defense Market, Segmentation By Type, Historic And Forecast, 2016 - 2021, 2026F, 2031F, Value ($ Billion)
21.4. Middle East Defense Market, 2021, By Country, Value ($ Billion)
21.5. Middle East Defense Market, 2016 - 2026, Historic And Forecast, By Country
21.6. Middle East Defense Market, 2021 - 2026, Growth And Market Share Comparison, By Country
21.7. Middle East Defense Market Metrics
21.7.1. Defense Market Size, Percentage Of GDP, 2021, Middle East Major Countries
21.7.2. Estimated Number Of Enterprises & Employees, Defense Market, Defense Market/Number of Enterprises & Employees, 2021, Middle East Countries
21.8. Middle East Defense Market: Country Analysis
21.9. Iran Market
21.10. Iran Defense Market, Segmentation By Type, Historic And Forecast, 2016 - 2021, 2026F, 2031F, Value ($ Billion)
21.11. Israel Market
21.12. Israel Defense Market, Segmentation By Type, Historic And Forecast, 2016 - 2021, 2026F, 2031F, Value ($ Billion)
21.13. Saudi Arabia Market
21.14. Saudi Arabia Defense Market, Segmentation By Type, Historic And Forecast, 2016 - 2021, 2026F, 2031F, Value ($ Billion)
21.15. Turkey Market
21.16. Turkey Defense Market, Segmentation By Type, Historic And Forecast, 2016 - 2021, 2026F, 2031F, Value ($ Billion)
21.17. UAE Market
21.18. UAE Defense Market, Segmentation By Type, Historic And Forecast, 2016 - 2021, 2026F, 2031F, Value ($ Billion)

22. Africa Market
22.1. Summary
22.2. Market Overview
22.2.1. Region Information
22.2.2. Market Information
22.2.3. Background information
22.2.4. Government Initiatives
22.2.5. Regulations
22.2.6. Regulatory bodies
22.2.7. Major Associations
22.2.8. Taxes Levied
22.2.9. Corporate Tax Structure
22.2.10. Investments
22.2.11. Major Companies
22.3. Africa Defense Market, Segmentation By Type, Historic And Forecast, 2016 - 2021, 2026F, 2031F, Value ($ Billion)
22.4. Africa Defense Market, 2021, By Country, Value ($ Billion)
22.5. Africa Defense Market, 2016 - 2026, Historic And Forecast, By Country
22.6. Africa Defense Market, 2021 - 2026, Growth And Market Share Comparison, By Country
22.7. Africa Defense Market Metrics
22.7.1. Defense Market Size, Percentage Of GDP, 2021, Africa Major Countries
22.7.2. Estimated Number Of Enterprises & Employees, Defense Market, Defense Market/Number of Enterprises & Employees, 2021, Africa Countries
22.8. Africa Defense Market: Country Analysis
22.9. Egypt Market
22.10. Egypt Defense Market, Segmentation By Type, Historic And Forecast, 2016 - 2021, 2026F, 2031F, Value ($ Billion)
22.11. Nigeria Market
22.12. Nigeria Defense Market, Segmentation By Type, Historic And Forecast, 2016 - 2021, 2026F, 2031F, Value ($ Billion)
22.13. South Africa Market
22.14. South Africa Defense Market, Segmentation By Type, Historic And Forecast, 2016 - 2021, 2026F, 2031F, Value ($ Billion)

23. Competitive Landscape And Company Profiles
23.1. Company Profiles
23.2. Lockheed Martin
23.2.1. Company Overview
23.2.2. Products And Services
23.2.3. Business Strategy
23.2.4. Financial Overview
23.3. Raytheon Technologies Corporation
23.3.1. Company Overview
23.3.2. Products And Services
23.3.3. Business Strategy
23.3.4. Financial Overview
23.4. Northrop Grumman Corporation
23.4.1. Company Overview
23.4.2. Products And Services
23.4.3. Business Strategy
23.4.4. Financial Overview
23.5. General Dynamics
23.5.1. Company Overview
23.5.2. Products And Services
23.5.3. Business Strategy
23.5.4. Financial Overview
23.6. The Boeing Company
23.6.1. Company Overview
23.6.2. Products And Services
23.6.3. Business Strategy
23.6.4. Financial Overview

24. Key Mergers And Acquisitions
24.1. Zetwerk Acquired Pinaka Aerospace Solutions
24.2. Thales Completes The Acquisition Of RUAG S&T
24.3. Fairbanks Morse Defense (FMD) Acquired Federal Equipment Company (FEC)
24.4. Rheinmetall Acquired EMT
24.5. Shield AI Inc Acquired Martin UAV
24.6. CAE Acquired L3Harris Technologies' Military Training Business
24.7. Teledyne Acquired FLIR
24.8. Ceska Zbrojovka Group Acquired Colt Holding Company LLC
24.9. Sturm, Ruger, And Company Acquired Marlin Firearms Assets
24.10. Janes Acquired Global Platforms and Systems (GPS)
24.11. KBR Acquired Centauri, LLC
24.12. UAS Drone Corp Acquired Duke Robotics
24.13. Leidos Completes Acquisition Of L3Harris Technologies
24.14. Leonardo Acquired Kopter
24.15. Raytheon Technologies Corporation Merger With United Technologies Corporation

25. Market Background: Aerospace & Defense Market
25.1. Aerospace & Defense Market Characteristics
25.1.1. Market Definition
25.1.2. Segmentation By Type
25.2. Global Aerospace & Defense Market, Segmentation By Type, 2016 - 2026, Value ($ Billion)
25.3. Global Aerospace & Defense Market, 2021, By Region, Value ($ Billion)
25.4. Global Aerospace & Defense Market, 2016 - 2026, Historic And Forecast, By Region

26. Market Opportunities And Strategies
26.1. Global Defense Market In 2026 - Countries Offering Most New Opportunities
26.2. Global Defense Market In 2026 - Segments Offering Most New Opportunities
26.3. Global Defense Market In 2026 - Growth Strategies
26.3.1. Market Trend Based Strategies
26.3.2. Competitor Strategies

27. Defense Market, Conclusions And Recommendations
27.1. Conclusions
27.2. Recommendations
27.2.1. Product
27.2.2. Place
27.2.3. Price
27.2.4. Promotion
27.2.5. People

28. Appendix
28.1. Market Data Sources
28.2. Research Methodology
28.3. Currencies
28.4. About the Publisher
28.5. Copyright and Disclaimer

Executive Summary

Defense Global Market Opportunities And Strategies To 2031 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.
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  • 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 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 history and forecasts market growth by geography. It places the market within the context of the wider defense market; and compares it with other markets.

The report covers the following chapters

  • Introduction and Market Characteristics
Brief introduction to the segmentations covered in the market, defintions and explanations about defense market.
  • Product Analysis
The product analysis section of the report describes the leading products in the market along with key features and differentiators for those products.
  • Supply Chain
The supply chain section of the report defines and explains the key players in the defense industry supply chain.
  • Customer Information
This chapter covers recent customers’ trends/preferences in the global defense market.
  • Key Trends
Highlights the major trends shaping the global defense market. This section also highlights likely future developments in the market.
  • Global Market Size and Growth
Global historic (2016-2021) and forecast (2021-2026), and (2026-2031) market values, and drivers and restraints that support and control the growth of the market in the historic and forecast periods.
  • Regional Analysis
Historic (2016-2021) and forecast (2021-2026), and (2026-2031) market values and growth and market share comparison by region.
  • Market Segmentation
Contains the market values (2016-2031) and analysis for each segment by type, by operation, and by platform, in the market.
  • Regional Market Size and Growth
Regional market size (2021), historic (2016-2021) and forecast (2021-2026), and (2026-2031) market values, and growth and market share comparison of countries within the region. This report includes information on the regions Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa and major countries within each region.
  • Competitive Landscape
Details on the competitive landscape of the market, estimated market shares and company profiles of the leading players.
  • Key Mergers and Acquisitions
Information on recent mergers and acquisitions in the market covered in the report. This section gives key financial details of mergers and acquisitions, which have shaped the market in recent years.
  • Market Background
This section describes the aerospace and defense market of which the defense market is a segment. This chapter includes the aerospace and defense market 2016-26 values, and regional analyses for the aerospace and defense market.
  • Market Opportunities And Strategies
Describes market opportunities and strategies based on findings of the research, with information on growth opportunities across countries, segments and strategies to be followed in those markets.
  • Conclusions And Recommendations
Includes recommendations for defense providers in terms of product/service offerings geographic expansion, marketing strategies and target groups.
  • Appendix
This section includes details on the NAICS codes covered, abbreviations and currencies codes used in this report.

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
a) By Air-Based Defense Equipment: Fighter Aircrafts; Military Helicopters; Military Gliders And Drones
b) By Sea-Based Defense Equipment: Battle Force Ships (Aircraft Carriers, Frigates, Destroyers, Corvettes, Torpedo Boats, Support Crafts); Submarines (Including Nuclear Submarines)
c) By Land-Based Defense Equipment: Armored Vehicles; Missiles; Tanks; Small Arms And Light Weapons
d) By Defense Equipment Maintenance, Repair And Overhauling Services: Air-Based Defense Equipment MRO Services; Water Based Defense Equipment MRO Services; Land-Based Defense Equipment MRO Services
e) By Defense Support And Auxiliary Equipment: Military Radars; Military Satellites; Other Defense Support And Auxiliary Equipment
2) By Operation: Autonomous Defense Equipment; Manual
3) By Platform: Airborne; Land; Naval

Companies Mentioned: Lockheed Martin Corporation; Raytheon Technologies Corporation; Northrop Grumman Corp; General Dynamics; The Boeing Company

Countries: Australia; China; Bangladesh; India; Indonesia; Japan; South Korea; 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; 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.

Companies Mentioned

A selection of companies mentioned in this report includes:

  • Lockheed Martin Corporation
  • Raytheon Technologies Corporation
  • Northrop Grumman Corp
  • General Dynamics
  • The Boeing Company

Methodology

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