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Market Research Report

Defense Spending Global Industry Guide 2018

Published by MarketLine Product code 251355
Published Content info 305 Pages
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Defense Spending Global Industry Guide 2018
Published: January 31, 2018 Content info: 305 Pages


Global Defense Spending industry profile provides top-line qualitative and quantitative summary information including: market size (value and volume 2013-17, and forecast to 2022). The profile also contains descriptions of the leading players including key financial metrics and analysis of competitive pressures within the market.


Essential resource for top-line data and analysis covering the global defense spending market. Includes market size and segmentation data, textual and graphical analysis of market growth trends and leading companies.

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.

Values are segmented by the proportion of the market attributable to the army, navy and air force, with any other expenditures contained under "other".

The volume of the market measures the number of active serving personnel in the national army, air force, navy (including marines and coast guard) and other elements of the service, such as Joint Staff.

Any currency conversions used in the creation of this report have been calculated using constant 2016 annual average exchange rates.

The global defense spending market is expected to generate total budget allocation of $1,610.7bn in 2017, representing a compound annual growth rate (CAGR) of 2.6% between 2013 and 2017.

Market volume is forecast to decline with a CARC of -0.2% between 2013 and 2017, to reach a total of 18.7 million armed forces personnel in 2017.

Defense spending has increased in some countries, but for the most part developed economies have been neglecting their military budgets due to budget constraints. Primary drivers between 2013 and 2017 have been Russia and China, both seeking to extensively modernize military power. For the most part, the US had engaged in sequestration until 2017, when a military increase was authorized.


  • Save time carrying out entry-level research by identifying the size, growth, major segments, and leading players in the global defense spending market
  • Use the Five Forces analysis to determine the competitive intensity and therefore attractiveness of the global defense 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 2017?
  • What will be the size of the global defense spending market in 2022?
  • 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 global defense spending market?
Table of Contents
Product Code: MLIG1736-06

Table of Contents


Market value 2

Market value forecast 2

Market volume 2

Market volume forecast 2

Category segmentation 2

Geography segmentation 2

Introduction 22

What is this report about? 22

Who is the target reader? 22

How to use this report 22

Definitions 22

Global Defense Spending 23

Market Overview 23

Market Data 24

Market Segmentation 26

Market outlook 28

Five forces analysis 30

Defense Spending in Asia-Pacific 36

Market Overview 36

Market Data 37

Market Segmentation 39

Market outlook 41

Five forces analysis 43

Defense Spending in Europe 49

Market Overview 49

Market Data 50

Market Segmentation 52

Market outlook 54

Five forces analysis 56

Defense Spending in France 62

Market Overview 62

Market Data 63

Market Segmentation 65

Market outlook 67

Five forces analysis 69

Macroeconomic indicators 76

Defense Spending in Germany 78

Market Overview 78

Market Data 79

Market Segmentation 81

Market outlook 83

Five forces analysis 85

Macroeconomic indicators 91

Defense Spending in Italy 93

Market Overview 93

Market Data 94

Market Segmentation 96

Market outlook 98

Five forces analysis 100

Macroeconomic indicators 106

Defense Spending in Japan 108

Market Overview 108

Market Data 109

Market Segmentation 111

Market outlook 113

Five forces analysis 115

Macroeconomic indicators 121

Defense Spending in Australia 123

Market Overview 123

Market Data 124

Market Segmentation 126

Market outlook 128

Five forces analysis 130

Macroeconomic indicators 136

Defense Spending in Canada 138

Market Overview 138

Market Data 139

Market Segmentation 141

Market outlook 143

Five forces analysis 145

Macroeconomic indicators 151

Defense Spending in China 153

Market Overview 153

Market Data 154

Market Segmentation 156

Market outlook 158

Five forces analysis 160

Macroeconomic indicators 166

Defense Spending in The Netherlands 168

Market Overview 168

Market Data 169

Market Segmentation 171

Market outlook 173

Five forces analysis 175

Macroeconomic indicators 181

Defense Spending in Spain 183

Market Overview 183

Market Data 184

Market Segmentation 186

Market outlook 188

Five forces analysis 190

Macroeconomic indicators 196

Defense Spending in The United Kingdom 198

Market Overview 198

Market Data 199

Market Segmentation 201

Market outlook 203

Five forces analysis 205

Macroeconomic indicators 211

Defense Spending in The United States 213

Market Overview 213

Market Data 214

Market Segmentation 216

Market outlook 218

Five forces analysis 220

Macroeconomic indicators 227

Company Profiles 229

Leading Companies 229

Appendix 303

Methodology 303

About MarketLine 304

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