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Global Defense Market 2021: Advance Technology, Business Overview, Demand, Trends, Revenue, And Forecast To 2030
Defense Market
The defense market report describes and explains the global defense market and covers 2015 to 2020, termed the historic period, and 2020 to 2025 termed the forecast period, along with further forecasts for the period 2025-2030. The report evaluates the market across each region and for the major economies within each region.
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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 and overhauling services and defense support and auxiliary equipment.
The global defense market is expected to grow from $438.34 billion in 2020 to $446.59 billion in 2021 at a compound annual growth rate (CAGR) of 1.9%. 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 $542.33 billion in 2025 at a CAGR of 5%.
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Some of the major players of the defense market are Lockheed Martin, Raytheon Company, BAE Systems, Northrop Grumman, Boeing.
The countries covered in the global defense market 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, Vietnam.
The regions covered in the global defense market are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
The global defense market is segmented -
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
Read More On The Global Defense Market Report:
https://www.thebusinessresearchcompany.com/report/defense-global-market-report-2020-30-covid-19-impact-and-recovery
Few Points From Table Of Content
1.Executive Summary
2.Report Structure
3.Defense Market Characteristics
4.Defense Market Product Analysis
5.Defense Market Supply Chain
…
22.Key Mergers And Acquisitions In The Defense Market
23.Market Background: Aerospace And Defense Market
24.Recommendations
25.Appendix
26.Copyright And Disclaimer
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