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?
More in Defense Industry for 2027Global Defense Statistics
- Weapon Import 210 countries (Africa, Latin America, Sub-Saharan Africa...)
- Weapon Export 164 countries (Asia, Europe, Latin America...)
- Defense Expenditure 189 countries (Europe, Northern Europe, Africa...)
- Small Arms Import 167 countries (Latin America, Africa, Sub-Saharan Africa...)
- Small Arms Export 106 countries (Europe, Asia, Southern Europe...)
- Gross Fixed Capital Formation 238 countries (Europe, Northern Europe, Western Europe...)
- Ammunition Import 157 countries (Latin America, Africa, Sub-Saharan Africa...)
- Vehicle Import 192 countries (Africa, Asia, Sub-Saharan Africa...)
- Number Of Enterprises 67 countries (Europe, Northern Europe, Southern Europe...)
- Warship Import 173 countries (Africa, Asia, Sub-Saharan Africa...)
Global Defense Industry Database
Improve your Knowledge with the latest Indicators and Trends
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Electronic Warfare: Exploring Trends, Opportunities, and Challenges in the Global EW Industry
The digital battlefield's landscape is rapidly changing, powered by advancements in modern technologies. A critical trend is the integration of cyber operations with traditional electronic activities, enhancing capabilities and cyber resilience. Furthermore, space-based EW operations represent another significant trend with rising geopolitical interests in extra-terrestrial dominance. Not to sidestep the...
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Military Communication: Delving into System Technologies, Platforms, and Strategic Applications
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Armored Vehicle Manufacturing: Deep Dive into Key Strategies and Market Trends
Safety concerns and escalating defense budgets worldwide are instigating a surge in demand for armored vehicles. Technological advancements have given rise to innovative vehicle design and enhanced combat abilities, offering an attractive edge in modern warfare scenarios. The increasing popularity of lightweight armored vehicles and those equipped with hybrid electric...
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Global Defense and Aviation: Assessing Market Shifts & Technological Innovations in Key Sectors
The market for global defense and aviation is witnessing a continuous growth, driven by increasing defense budgets along with the growing need for advanced military equipment. This has been further fueled by increasing geopolitical tensions and conflicts worldwide. Simultaneously, emerging markets like Asia and Middle East are steadily increasing their...
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