Title: Defense Market Size Expected to Reach $502.22 billion by 2022: TBRC
1Defense Global Market Report Segments And
Insights To 2019
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2Topics Covered In Defense Global Market Report
- Introduction
- Defense Global Market Characteristics
- Defense Size And Growth
- Defense Segmentation
- Defense Regional And Country Split,
- Defense Trends
- Defense Strategies
Defense Global Market Report 2019
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3Introduction
- The defense market expected to reach a value of
nearly 502.22 billion by 2022, significantly
growing at a CAGR of 4.9 during the forecast
period. The growth in the defense market is due
to advancements in warfare technologies and
modernization of military weapon systems is
expected to drive the market in the future. - However, the market for defense is expected to
face certain restraints from several factors such
as increase in prices, change in government
policies.
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4 Defense Global Market Characteristics
- 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 Commercial
Aircraft Manufacturing, Aircraft Maintenance,
Repair and Overhauling Services, Defense Support
and Auxiliary Equipment Manufacturing ,
Commercial Aircrafts, Commercial Helicopters,
Commercial Gliders and Drones, Aircraft Turbines,
Aircraft Engines, Rocket Engines , Commercial
Aircrafts MRO Services, Commercial Helicopters
MRO Services, Commercial Gliders and Drones MRO
Services, Aircraft Turbines MRO Services,
Aircraft Engines MRO Services, Rocket Engines MRO
Services , Commercial Radars, Satellites. - The global defense is segmented into North
America, South America, Asia-Pacific, Eastern
Europe, Western Europe, Middle East and Africa.
Among these regions, the North America defense
market accounts the largest share in the global
Defense market.
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5With improved earning capacity, emerging markets
growth, the scope and potential for the global
Electrical and Electronics Manufacturing market
is expected to significantly rise in the forecast
period.
- Trends In The Defense Market
- Smart gun technology is gaining the interests of
the manufacturer as the major trends in the
global defense market. - Potential Opportunities In The Defense Market
- With increased awareness relating to energy
saving characteristics of LED lights, focus of
governments across the globe on the improvement
of efficiency, reducing costs, and advancements
in LED lighting technologies, the scope and
potential for the global defense market is
expected to significantly rise in the forecast
period.
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6Consulting Defense Global Market Companies
Mentioned
- The Boeing Company
- Airbus
- Lockheed Martin Corporation
- General Dynamics Corporation
- Northrop Grumman Corporation
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7Reasons to Purchase
- Gain a truly global perspective with the most
comprehensive report available on this market
covering 50 geographies. - 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.
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