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Defense Support and Auxiliary Equipment Market Forecast 2025-2034: Comprehensive Analysis And Growth Opportunities
Defense Support and Auxiliary Equipment Market Size
What Is the Projected Growth of the Defense Support and Auxiliary Equipment Market?
The defense support and auxiliary equipment market has grown strongly, moving from $149.58 billion in 2024 to $158.91 billion in 2025 at a CAGR of 6.2%, backed by increased military spending, global conflicts, equipment maintenance needs, terrorism threats, and peacekeeping operations.
The defense support and auxiliary equipment market is expected to grow robustly in the coming years. It will reach $200.79 billion by 2029 at a compound annual growth rate (CAGR) of 6.0%. This growth can be attributed to emerging technologies, modernization programs, climate change responses, global security challenges, and international partnerships. Key trends include electrification, advanced materials, additive manufacturing, and improved digital connectivity.
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What Are the Different Defense Support and Auxiliary Equipment Market Segments?
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
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What Are the Primary Drivers Shaping the Defense Support and Auxiliary Equipment Market?
An increase in defense spending is anticipated to support growth in the defense support and auxiliary equipment market. Defense spending funds military operations and the development of support equipment. For example, the UK Parliament's House of Commons Library projected in December 2024 that UK defense spending will reach £56.9 billion ($70.5 billion) in 2024/25, increasing to £59.8 billion ($73.9 billion) in 2025/26. As defense budgets rise, so does the demand for defense support and auxiliary equipment.
Which Companies Are Leading in 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?
The defense support and auxiliary equipment market is seeing innovations in domestically produced submarines. In September 2023, Taiwan unveiled its first home-built submarine, Hai Kun, at the CSBC Shipyard in Kaohsiung. This diesel-electric submarine features digital sonar, combat, and auxiliary systems and marks a milestone in Taiwan's naval modernization and defense autonomy.
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What Are the Top Revenue-Generating Geographies in 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.
Frequently Asked Questions:
1. What Is the Market Size and Growth Rate of the Defense Support and Auxiliary Equipment Market?
2. What is the CAGR expected in the Defense Support and Auxiliary Equipment Market?
3. What Are the Key Innovations Transforming the Defense Support and Auxiliary Equipment Industry?
4. Which Region Is Leading the Defense Support and Auxiliary Equipment Market?
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