The main products of the defence industry are military hardware (fighter jets, helicopters, drones, tanks, warships, satellites) and services (IT services, training).
The defence business in the US accounts for almost 20% of the federal budget. The next largest markets for defence products and services are China, France, Japan, Russia and the UK. Other markets to be considered are Australia, Brazil, Canada, Germany, India, Israel, Italy, Saudi Arabia, South Korea and Turkey.
The current conflict in the middle east has led to a ramp up in US spending in the industry with drone manufacturers faring particularly well.
Our publishers who specialise in defence and security have recently published some interesting reports on the industry. Reports of particular interest include:
The Global Cybersecurity Market 2014-2024
The Global Missiles and Missile Defense Systems Market 2014-2024
The Global Missiles and Missile Defense Systems Market 2014-2024
Research and Experts defence industry reports help our clients:
- Gain detailed profiles of the top domestic and foreign defense manufacturers with information about their products, alliances, recent contract wins and financial analysis wherever available. This will provide a total competitive landscape of the sector.
- Provides user confidence to make the correct business decisions based on a detailed analysis of the defense industry market trends for the coming years.
- Understand the various military requirements which are expected to generate revenues during the forecast period.
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