Press release
In-Depth Analysis of the Defense Support and Auxiliary Equipment Market: Growth Opportunities, Key Trends, and Forecast 2025-2034
What Are the Projected Growth and Market Size Trends for the Defense Support and Auxiliary Equipment Market?The market size for defense support and auxiliary equipment has experienced robust growth over the recent years. The value of the market is projected to increase from $149.58 billion in 2024 to $158.91 billion in 2025, with a compound annual growth rate (CAGR) of 6.2%. Factors such as defense budgets, geopolitical tensions, maintenance and upgrades, global terrorism, and peacekeeping missions have contributed to this substantial growth in the historic period.
In the coming years, the defense support and auxiliary equipment market is anticipated to experience robust growth. The market is projected to expand to a value of $200.79 billion by 2029, with a compound annual growth rate (CAGR) of 6.0%. The growth during the forecast period is likely due to factors such as emerging technologies, modernization initiatives, response to climate change and disasters, global security challenges, and international collaborations. The primary trends predicted for the forecast period include electrification and lightweighting, the use of advanced materials, additive manufacturing, digitalization and connectivity, as well as collaborations and partnerships.
What Is Driving the Growth Trajectory of the Defense Support and Auxiliary Equipment Market?
The augmentation of defense budgets is forecasted to boost the expansion of the defense support and auxiliary equipment market in the future. When referring to defense spending, it's about fiscal allocation made by governments towards reinforcement of their military forces and defense activities. This funding is crucial for governmental investments in research and development initiatives tied to defense support and auxiliary tools. Furthermore, it encompasses expenses related to the upkeep, refurbishment and enhancement of current defense support and auxiliary hardware. For example, data provided by the UK Parliament's House of Commons Library, a Government agency in the UK, suggests that UK defense funding will escalate to about £56.9 billion, equivalent to around $70.5 billion during the fiscal year of 2024/25. This is predicted to further heighten to nearly £59.8 billion (roughly $73.9 billion) in the financial year of 2025/26. Consequently, the rise in defense expenditure is fueling the expansion rate of the defense support and auxiliary equipment market.
Get Your Free Sample Now - Explore Exclusive Market Insights:
https://www.thebusinessresearchcompany.com/sample.aspx?id=2111&type=smp
Which Leading Companies Are Shaping the Growth of the Defense Support and Auxiliary Equipment Market?
Major companies operating in the defense support and auxiliary equipment market include Raytheon Technologies Corporation, Thales Group, The Boeing Company, Leidos, Leonardo SpA, ManTech International Corp., L3 Technologies Inc., Rostec State Corporation, Bae Systems plc, RTX Corp, Lockheed Martin Corporation, General Dynamics Corporation, British Aerospace Engines Systems Plc, Northrop Grumman Corporation, Safran S.A, Honeywell International Inc., United Technologies Corporation, Elbit Systems Ltd., Rheinmetall AG, Harris Corporation, Cobham Ltd., Moog Inc., Meggitt Plc, Curtiss-Wright Corporation., Teledyne FLIR LLC, Ultra Electronics Holdings Plc, Esterline Technologies Corporation, Kongsberg Gruppen ASA, British Foreign & Colonial Automatic Light Controlling Company Ltd., QinetiQ Group Plc, Kratos Defense & Security Solutions Inc., AVAV - AeroVironment Inc., Textron Inc., Cubic Corp, Science Applications International Corporation.
What Are the Major Trends Shaping the Defense Support and Auxiliary Equipment Market?
Leading corporations in the defense support and auxiliary equipment market are strategically working on the creation of locally manufactured submarines to achieve a competitive advantage in the industry. Essentially, a domestically constructed submarine is one that is designed, developed, and built within a country's boundaries, without the need for foreign technological input or expertise. A submarine is a crucial element of the defense auxiliary equipment, its role primarily constituting the protection of naval entities and other resources from adverse maritime attacks. The East Asian nation of Taiwan unveiled its first homegrown submarine in September 2023, marking a significant milestone in the renewal of an aging naval ability. Named Hai Kun, in honor of a mythical fish in Chinese folklore, the diesel-electric attack submarine was launched in Kaohsiung, a southern city, at the CSBC (China Shipbuilding Corporation) Shipyard. The submarine has been installed with digital sonar systems, integrated warfare systems, and additional equipment systems, inclusive of periscopes.
What Are the Key Segments of the Defense Support and Auxiliary Equipment Market?
The defense support and auxiliary equipment market covered in this report is segmented -
1) By Type: Military Radars, Military Satellites, Other Defense Support And Auxiliary Equipment
2) By Payload Type: Communication Payload, Navigation Payload, Imaging Payload, Others
3) By Application: Intelligence, Surveillance, And Reconnaissance (Isr), Communication, Navigation
Subsegments:
1) By Military Radars: Airborne Radars, Ground-Based Radars, Naval Radars, Space-Based Radars, Other Military Radars
2) By Military Satellites: Communication Satellites, Reconnaissance Satellites, Navigation Satellites, Earth Observation Satellites, Other Military Satellites
3) By Other Defense Support And Auxiliary Equipment: Military Communication Equipment, Military Sensors And Detectors, Defense Logistics Equipment, Military Transport Vehicles, Other Defense Support Equipment
Pre-Book Your Report Now For A Swift Delivery:
https://www.thebusinessresearchcompany.com/report/defense-support-and-auxiliary-equipment-global-market-report
Which Region Dominates the Defense Support and Auxiliary Equipment Market?
North America was the largest region in defense support and auxiliary equipment market in 2023. Asia-Pacific is expected to be the fastest growing region in the forecast period. The regions covered in the defense support and auxiliary equipment market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
What Is Covered In The Defense Support and Auxiliary Equipment Global Market Report?
- Market Size Analysis: Analyze the Defense Support and Auxiliary Equipment Market size by key regions, countries, product types, and applications.
- Market Segmentation Analysis: Identify various subsegments within the Defense Support and Auxiliary Equipment 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 Defense Support and Auxiliary Equipment Market growth.
- Growth Drivers: Detail key factors influencing market growth, including opportunities and drivers.
- Industry Challenges: Analyze challenges and risks affecting the Defense Support and Auxiliary Equipment Market.
- Competitive Developments: Analyze competitive developments, such as expansions, agreements, and new product launches in the market.
Unlock Exclusive Market Insights - Purchase Your Research Report Now!
https://www.thebusinessresearchcompany.com/purchaseoptions.aspx?id=2111
Connect with us on:
LinkedIn: https://in.linkedin.com/company/the-business-research-company,
Twitter: https://twitter.com/tbrc_info,
YouTube: https://www.youtube.com/channel/UC24_fI0rV8cR5DxlCpgmyFQ.
Contact Us
Europe: +44 207 1930 708,
Asia: +91 88972 63534,
Americas: +1 315 623 0293 or
Email:info@tbrc.info
Learn More About The Business Research Company
With over 15,000+ reports from 27 industries covering 60+ geographies, The Business Research Company has built a reputation for offering comprehensive, data-rich research and insights. Our flagship product, the Global Market Model delivers comprehensive and updated forecasts to support informed decision-making.
This release was published on openPR.
Permanent link to this press release:
Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release In-Depth Analysis of the Defense Support and Auxiliary Equipment Market: Growth Opportunities, Key Trends, and Forecast 2025-2034 here
News-ID: 3928976 • Views: …
More Releases from The Business Research Company

Company Registration Service Market Landscape 2025: Forecast Data and Growth Str …
Use code ONLINE30 to get 30% off on global market reports and stay ahead of tariff changes, macro trends, and global economic shifts.
What Is the Expected CAGR for the Company Registration Service Market Through 2025?
The market size for company registration services has seen robust growth in the recent past. The market is projected to expand from $10.67 billion in 2024 to $11.55 billion in 2025, exhibiting a compound annual growth…

Comprehensive 2025 Commercial Toilet Partition Market Overview: Trends, Forecast …
Use code ONLINE30 to get 30% off on global market reports and stay ahead of tariff changes, macro trends, and global economic shifts.
What Is the Expected CAGR for the Commercial Toilet Partition Market Through 2025?
In recent years, the market size for commercial toilet partitions has significantly expanded. The forecast predicts a rise from $1.82 billion in 2024 to $1.95 billion in 2025, with a compound annual growth rate (CAGR) of…

Key Trends Influencing the Growth of the Commercial Insurance For Small And Medi …
Use code ONLINE30 to get 30% off on global market reports and stay ahead of tariff changes, macro trends, and global economic shifts.
What Is the Expected CAGR for the Commercial Insurance For Small And Medium-Sized Enterprises (SMEs) Market Through 2025?
The market size of commercial insurance for small and medium-sized enterprises (SMEs) has seen substantial growth over the recent years. A rise from $111.83 billion in 2024 to $119.76 billion in…

Growing Focus On Reducing Greenhouse Gas Emissions Driving The Market Growth Due …
Use code ONLINE30 to get 30% off on global market reports and stay ahead of tariff changes, macro trends, and global economic shifts.
What Is the Expected CAGR for the Combustion Emissions Analyzer Market Through 2025?
In the past few years, the market size for combustion emissions analyzer has seen robust growth. It is projected to increase from $1.02 billion in 2024 to $1.09 billion in 2025, with a compound annual growth…
More Releases for Defense
Virtual Reality in Aerospace & Defense Market Virtual Reality in Aerospace & Def …
The global virtual reality (VR) market in aerospace and defense is estimated to be valued at approximately $8.4 billion in 2024, with expectations to around $20.7 billion by 2034, signifying a robust Compound Annual Growth Rate (CAGR) of 9.5% during the forecast period from 2025 to 2034.
The latest report Virtual Reality in Aerospace & Defense Market Share, Size, Growth, Opportunities, and Forecast 2025-2034 This report offers a new perspective…
Elliott Derzaph, Renowned Self-Defense Instructor, Launches His Latest Book "Wom …
Image: https://www.getnews.info/wp-content/uploads/2024/08/1724155810.png
Self-defense training is about the knowledge of how fighting works and how to survive. Women will learn how to utilize their internal power to develop autonomy, confidence, and empowerment. Real World Techniques were designed to teach practical, real-world defense that can be used in a variety of situations.
Los Angeles, California - August 21, 2024 - Women have traditionally shied away from situations where their self-defense [https://consciousdefense.com/] may be…
Missile Defense System Market is in huge demand | Almaz Antey, Kongsberg Defense …
Global Missile Defense System Market Report from AMA Research highlights deep analysis on market characteristics, sizing, estimates and growth by segmentation, regional breakdowns & country along with competitive landscape, player's market shares, and strategies that are key in the market. The exploration provides a 360° view and insights, highlighting major outcomes of the industry. These insights help the business decision-makers to formulate better business plans and make informed decisions to…
Defense Siren Review 2023 (Defense Siren Must Read!) : Shocking Price About Defe …
In the United States of America, thousands of crimes are reported every day. You name it: mugging, theft, sexual assault, and murder. Some of these crimes are reported in the daily newspaper and on news programs.
After reading and watching the news, it's normal to worry about your family. Anytime, anywhere, you or your family could be attacked while driving. Thus, it's crucial to always remain vigilant. However, being aware is…
Door Defense Review 2022: (Buyers Beware!) Is Door Defense Actually Working?
The last thing anyone wants to think about when they are traveling is their security and privacy.
Door Defense provides consumers with a highly portable, secure solution in this regard that can be used in any hotel, Airbnb, dorm, or hostel.
It is also important to remember that even if the product may not be a failsafe defense against every invasion or incursion attempt, it at least gives them a…
Aircraft Communication System Market Global Report 2020 – Rockwell Collins Avi …
Aircraft communication systems use analogue voice and digital data for communication between pilots, members of the crew and passengers during flight. These devices are also used for communication between aircraft. Aircraft communication systems are used to facilitate communications between aircraft and ground units and vice versa.
Get In Depth Sample With Description, Graphs And Charts: https://www.a2zmarketresearch.com/sample?reportId=151555
Aircraft communication system offered by different manufacturers have also been taken into consideration to determine…