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Defense Market Forecast To 2032 : Trends, Segmentation, Product Type, Technology And Key Players

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Mallu Swetha
Defense Market Forecast To 2032 : Trends, Segmentation, Product Type, Technology And Key Players

The Business Research Company’s Defense Global Market Report 2023 is the most detailed report available on the market, including broad forecast periods and multiple geographies. The report covers the historic period – 2010-2021, and the forecast period – 2023-2032. The Defense Global Market Report 2023 evaluates defense market size, growth rate, drivers, trends, and major companies.


The report provides a global perspective by covering 60 geographies and focusing on major economies in each region – Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.


Request A Free Sample Of The Report (Includes Graphs And Tables):

https://www.thebusinessresearchcompany.com/sample.aspx?id=1933&type=smp


The global defense market grew from $534.79 billion in 2022 to $577.19 billion in 2023 at a compound annual growth rate (CAGR) of 7.9%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The defense market is expected to grow to $718.12 billion in 2027 at a CAGR of 5.6%.


The defense market segments in the report are:

1) By 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   

2) By Operation: Autonomous Defense Equipment, Manual

3) By Platform: Airborne, Land, Naval

 

Get More Information On The Defense Market Report:

https://www.thebusinessresearchcompany.com/report/defense-global-market-report

 

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The Business Research Company is a market intelligence firm that pioneers in market, company, and consumer research. TBRC’s specialist consultants are located globally and are experts in a wide range of industries that include healthcare, manufacturing, financial services, chemicals, and technology. The firm has offices located in the UK, the US, and India, along with a network of proficient researchers in 28 countries

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