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Defense Market Outlook 2022 - 2026

Daily Updated Industry Statistics and Top Emerging Trends about the Defense Industry

Global Defense Trends in 2022

Defense is part of Aerospace And Defense and includes a number of sub-sectors such as Weapon. You may also be interested in Aerospace.

Global defence expenditure is on the rise. It is estimated to reach $2 trillion by 2026, growing at an average year-on-year rate of 1.1%. Since 1985, the demand has grown by an average of 2.4% annually. In 2021, the United States led the ranking with defence expenditure of $739 billion. China, India and Russia followed in second, third and fourth place respectively. Venezuela's expenditure grew by a staggering 34.7% year on year, whereas Angola's fell by 19.7% during the same period.

Top 10 countries

In 2022 major markets in the Defense Industry were:

Defense Market Data and Forecasts

How much the Defense industry is expected to grow to 2026?

Forecast: Military Expenditure in the World
Forecast: Weapons Imports in the World
Forecast: Military Expenditure in Romania
Forecast: Military Expenditure in the EU
Forecast: Military Expenditure in the Eurozone
More in Defense Industry for 2027

What are the world's biggest Defense markets?

Global Military Expenditure by Country
Global Weapons Imports by Country
More in Defense Market

Global Defense Statistics

Global Defense Industry Database

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