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Global Defense Outlook

  • April 2014
  • -
  • Frost & Sullivan
  • -
  • 66 pages

Summary

Table of Contents

This research service is an overview of procurement spending and contract activity for global defense markets. Included are research and development, procurement, operations and maintenance, and services’ representative programs and contracts for 7 regions, 20 countries, and 12 technology segments. The global defense industry is comprised of the national armed forces and the manufacturing and services firms that support them. This study indicates which technology products and services are emphasized in global defense spending and which regions and specific countries have the best market potential. The base year for financial spending is 2013, and the market forecast is from 2014 to 2018.


Key Findings

Total global defense spending in 2013 was approximately $x trillion.

Defense procurement spending in 2013 was $x billion and is expected to have a x% CAGR through 2018.

The United States had the largest overall defense budget and the largest share of procurement spending at about $x billion in 2013.

The Asia-Pacific region has the fastest expected defense procurement growth rate at x%.

Command, control, communications, computers, intelligence, surveillance, and reconnaissance (C4ISR) is the largest technology segment at about $xbillion in 2013.

The chemical, biological, radiological, nuclear, and explosive (CBRNE) technology segment has the fastest expected growth rate at x%.

Lockheed Martin was the top global defense firm in 2013 with about $x billion in contracts accounting for x% of the market.

The top 10 global defense firms had 2013 revenue of about $214.20 billion accounting for x% of the market.

Through 2018, Japan, Germany, and Saudi Arabia will be key markets, and missile defense systems will be in high demand.

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