Press release
Primary Catalyst Driving Military Infrastructure Market Evolution in 2025: The Impact of Increasing Defense Expenditure on the Military Infrastructure Market Driver
"What Is the Future Outlook for the Military Infrastructure Market's Size and Growth Rate?The military infrastructure market is expected to grow from $10.34 billion in 2024 to $11.24 billion in 2025, at a CAGR of 8.7%. This growth is supported by defense budget allocations, geopolitical tensions, modernization initiatives, global security concerns, and strategic military alliances.
Military Infrastructure Market: Expected to grow to $14.91 billion by 2029 at a CAGR of 7.3%. Growth is attributed to natural disaster preparedness, emerging threats, and space-based infrastructure. Trends include technological advancements, digitalization, urban warfare adaptation, and interoperability requirements.
What Is Stimulating Growth in the Military Infrastructure Market?
The rising defense expenditure is expected to spur the growth of the military infrastructure market. Increased defense spending results in the construction of military facilities such as bases, airfields, and naval ports. For instance, the United States Air Force requested a fiscal year 2024 budget of $215.1 billion, marking a 4.5% increase from the 2023 figure. This rise in defense expenditure will drive the expansion of the military infrastructure market.
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Which Key Market Leaders Are Driving Military Infrastructure Industry Growth?
Major companies operating in the military infrastructure market report are Dell Inc., General Electric Company, Raytheon Technologies Corporation, Boeing Company, Lockheed Martin Corporation, Airbus SE, General Dynamics Corporation, Northrop Grumman Corporation, Honeywell International Inc., BAE Systems, L3Harris Technologies Inc., Safran SA, Leonardo S.p.A., Thales Group, AECOM, Textron Inc., Oshkosh Corporation, Rheinmetall AG, KBR Inc., Saab AB, General Atomics Aeronautical Systems Inc., ManTech International Corporation, Aselsan AS, Anham Fzco, Minrav Holdings Ltd., American International Contractors Inc., ArmourWorks International Ltd., Dewey Electronics Corporation, Dencrypt A/S
How Is the Military Infrastructure Market Evolving?
Companies in the military infrastructure market are focusing on developing advanced products for military communications networks to boost profitability. These networks are essential for transmitting information across the armed forces. For instance, in August 2022, UK-based BAE Systems PLC launched NetVIPR (Networked, Virtualized, Intelligent, and Protected Routing), a deployable military communications system. Designed for modern, multi-domain battlefields, this system enables secure and intelligent military communication, even in challenging conditions, by allowing nodes in the network to access, add, and transfer data.
What Are the Main Segments in the Military Infrastructure Market?
The military infrastructure market covered in this report is segmented -
1) By Type: Harbor, Proving Ground, Range, Training Course
2) By Size: Small, Medium, Large
3) By Application: Army, Navy, Air Force
Subsegments:
1) By Harbor: Naval Bases, Docking And Ship Maintenance Facilities, Supply And Logistics Harbors
2) By Proving Ground: Testing And Evaluation Centers, Weapon And Ammunition Testing Sites, Military Vehicle Testing Grounds
3) By Range: Air Defense Ranges, Land-Based Firing Ranges, Artillery And Ballistic Ranges
4) By Training Course: Combat Training Centers, Simulated Training Environments, Specialized Skill Development Courses
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Which Geographic Area Leads the Military Infrastructure Market?
North America was the largest region in the military infrastructure market in 2024. The regions covered in the military infrastructure market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
What Is Covered In The Military Infrastructure Global Market Report?
- Market Size Analysis: Analyze the Military Infrastructure Market size by key regions, countries, product types, and applications.
- Market Segmentation Analysis: Identify various subsegments within the Military Infrastructure Market for effective categorization.
- Key Player Focus: Focus on key players to define their market value, share, and competitive landscape.
- Growth Trends Analysis: Examine individual growth trends and prospects in the Market.
- Market Contribution: Evaluate contributions of different segments to the overall Military Infrastructure Market growth.
- Growth Drivers: Detail key factors influencing market growth, including opportunities and drivers.
- Industry Challenges: Analyze challenges and risks affecting the Military Infrastructure Market.
- Competitive Developments: Analyze competitive developments, such as expansions, agreements, and new product launches in the market.
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