Market Research Report
Defense Spending Global Group of Eight (G8) Industry Guide 2015-2024
|Published by||MarketLine||Product code||965740|
|Published||Content info||240 Pages
Delivery time: 1-2 business days
|Defense Spending Global Group of Eight (G8) Industry Guide 2015-2024|
|Published: October 6, 2020||Content info: 240 Pages||
The G8 Defense Spending industry profile provides top-line qualitative and quantitative summary information including: market share, 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.
The G8 countries contributed $1,041,840.0 million in 2019 to the global defense spending industry, with a compound annual growth rate (CAGR) of 3.4% between 2015 and 2019. The G8 countries are expected to reach a value of $1,090,591.1 million in 2024, with a CAGR of 0.9% over the 2019-24 period.
Among the G8 nations, the US is the leading country in the defense spending industry, with market revenues of $731,751.4 million in 2019. This was followed by Russia and France, with a value of $65,093.7 and $50,136.8 million, respectively.
The US is expected to lead the defense spending industry in the G8 nations with a value of $747,901.4 million in 2016, followed by Russia and Germany with expected values of $73,095.2 and $65,561.7 million, respectively.