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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.

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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 2028

Global Defense Statistics

Global Defense Industry Database