2021 Defense Market Size, Growth, Drivers, Trends And Forecast

Defense Global Market Report 2021: COVID-19 Impact And Recovery To 2031

Defense Market Characteristics: 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 defense market is expected to reach $542.33 billion in 2025 at a CAGR of 5%.

The report covers the defense market’s segmentsBy 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

By Operation Autonomous Defense Equipment, Manual

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Defense Global Market Report 2021 is the most comprehensive report available on this market and will help gain a truly global perspective as it covers 60 geographies.

The chapter on the impact of COVID-19 gives valuable insights on supply chain disruptions, logistical challenges, and other economic implications of the virus on the market. The chapter also covers markets which have been positively affected by the pandemic.

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Major Key Players Major companies in the market include Lockheed Martin

Northrop Grumman

Raytheon Company

Boeing

BAE Systems

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Reasons to Purchase ▪ Gain a truly global perspective with the most comprehensive market research report available on this market covering 60+ geographies.

▪ Understand how the market is being affected by the COVID19 and how it is likely to emerge and grow as the impact of the coronavirus abates.

▪ Create regional and country strategies on the basis of local data and analysis.

▪ Identify growth segments for investment.

▪ Outperform competitors using market forecast data and the market drivers and trends shaping the global market.

▪ Understand customers based on the latest market research findings.

▪ Benchmark performance against key competitors of the market.

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