Global Defense Spending

Global Defense Spending

Summary

Global Defense Spending industry profile provides top-line qualitative and quantitative summary information including: market size (value and volume 2015-19, and forecast to 2024). The profile also contains descriptions of the leading players including key financial metrics and analysis of competitive pressures within the market.

Key Highlights

- Defense spending covers capital items, military personnel, government defense agencies, and related expenditure on defense and peacekeeping. The value of the market is taken to include both current and capital expenditure on the armed forces, including funding contributions to peacekeeping forces, such as the United Nations Peacekeeping Forces, defense ministries and other government agencies engaged in defense projects, paramilitary forces (when judged to be trained and equipped for military operations) and military space activities. Expenditure on personnel (including salaries and social services of both military and civil personnel, and retirement pensions of military personnel), procurement, research and development, infrastructure spending, military aid (taken as expenditure by the donor country) and general operations and maintenance are also included. Note that current expenditure on previous military activity such as veterans benefits, weapon destruction, demobilization, and defense conversion are all excluded, as is expenditure on civil defense.
- The global defense spending market had a total budget allocation of $1,778,048.8m in 2019, representing a compound annual growth rate (CAGR) of 4.1% between 2015 and 2019.
- Market volumes declined with a compound annual rate of change (CARC) of -1.9% between 2015 and 2019, to reach a total of 13.80 million active serving personnel in 2019.
- The US is by far the largest market globally, accounting for 41.2% of its total value in 2019. The inauguration of the Trump administration has seen defense once again become a priority.

Scope

- Save time carrying out entry-level research by identifying the size, growth, major segments, and leading players in the defense spending market in the global
- Use the Five Forces analysis to determine the competitive intensity and therefore attractiveness of the globaldefense spending market
- Leading company profiles reveal details of key defense spending market players global operations and financial performance
- Add weight to presentations and pitches by understanding the future growth prospects of the Global defense spending market with five year forecasts by both value and volume

Reasons to Buy

- What was the size of the Global defense spending market by value in 2019?
- What will be the size of the Global defense spending market in 2024?
- What factors are affecting the strength of competition in the Global defense spending market?
- How has the market performed over the last five years?
- What are the main segments that make up the globals defense spending market?

1 Executive Summary
1.1. Market value
1.2. Market value forecast
1.3. Market volume
1.4. Market volume forecast
1.5. Category segmentation
1.6. Geography segmentation
1.7. Market rivalry
1.8. Competitive Landscape
2 Market Overview
2.1. Market definition
2.2. Market analysis
3 Market Data
3.1. Market value
3.2. Market volume
4 Market Segmentation
4.1. Category segmentation
4.2. Geography segmentation
5 Market Outlook
5.1. Market value forecast
5.2. Market volume forecast
6 Five Forces Analysis
6.1. Summary
6.2. Buyer power
6.3. Supplier power
6.4. New entrants
6.5. Threat of substitutes
6.6. Degree of rivalry
7 Competitive Landscape
7.1. Who are the leading players?
7.2. What strategies do the leading players follow?
7.3. What is the rationale for the recent M&A activity?
8 Company Profiles
8.1. The Boeing Company
8.2. Lockheed Martin Aeronautics Company
8.3. AviChina Industry & Technology Co., Ltd.
8.4. BAE Systems Inc
8.5. Raytheon Co
8.6. Thales SA
9 Macroeconomic Indicators
9.1. Country data
10 Appendix
10.1. Methodology
10.2. Industry associations
10.3. Related MarketLine research
10.4. About MarketLine

List Of Tables


Table 1: Global defense spending market value: $ billion, 2015-19
Table 2: Global defense spending market volume: active serving personnel, 2015-19
Table 3: Global defense spending market category segmentation: $ billion, 2019
Table 4: Global defense spending market geography segmentation: $ billion, 2019
Table 5: Global defense spending market value forecast: $ billion, 2019-24
Table 6: Global defense spending market volume forecast: active serving personnel, 2019-24
Table 7: The Boeing Company: key facts
Table 8: The Boeing Company: Annual Financial Ratios
Table 9: The Boeing Company: Key Employees
Table 10: The Boeing Company: Key Employees Continued
Table 11: The Boeing Company: Key Employees Continued
Table 12: The Boeing Company: Key Employees Continued
Table 13: Lockheed Martin Aeronautics Company: key facts
Table 14: Lockheed Martin Aeronautics Company: Key Employees
Table 15: AviChina Industry & Technology Co., Ltd.: key facts
Table 16: AviChina Industry & Technology Co., Ltd.: Annual Financial Ratios
Table 17: AviChina Industry & Technology Co., Ltd.: Key Employees
Table 18: BAE Systems Inc: key facts
Table 19: BAE Systems Inc: Key Employees
Table 20: BAE Systems Inc: Key Employees Continued
Table 21: Raytheon Co: key facts
Table 22: Raytheon Co: Key Employees
Table 23: Raytheon Co: Key Employees Continued
Table 24: Thales SA: key facts
Table 25: Thales SA: Annual Financial Ratios
Table 26: Thales SA: Key Employees
Table 27: Thales SA: Key Employees Continued
Table 28: Global exchange rate, 2015-19

List Of Figures


Figure 1: Global defense spending market value: $ billion, 2015-19
Figure 2: Global defense spending market volume: active serving personnel, 2015-19
Figure 3: Global defense spending market category segmentation: % share, by value, 2019
Figure 4: Global defense spending market geography segmentation: % share, by value, 2019
Figure 5: Global defense spending market value forecast: $ billion, 2019-24
Figure 6: Global defense spending market volume forecast: active serving personnel, 2019-24
Figure 7: Forces driving competition in the global defense spending market, 2019
Figure 8: Drivers of buyer power in the global defense spending market, 2019
Figure 9: Drivers of supplier power in the global defense spending market, 2019
Figure 10: Factors influencing the likelihood of new entrants in the global defense spending market, 2019
Figure 11: Factors influencing the threat of substitutes in the global defense spending market, 2019
Figure 12: Drivers of degree of rivalry in the global defense spending market, 2019

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