US Defense Market Report Overview
The United States of America (USA) defense budget was worth $740.4 billion in 2022 and is expected to achieve a CAGR of more than 3% from 2023 to 2027. The USA defense market research report provides the market size forecast and the projected growth rate for the next five years. The report covers industry analysis including the key market drivers, emerging technology trends, and major challenges faced by market participants.
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USA Defense Market Drivers
The US, like many states, benefits economically from a well-funded defense industry. The ongoing conflict and success of Ukrainian forces in using US weaponry to fight back against Russian advances means that the requirement for US aid is likely to continue.
Another major driver of US defense expenditure is China. Although Chinese defense spending is still much lower than that of the US, the country has nevertheless embarked upon a major defense modernization program.
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USA Defense Market Segmentation by Sectors
The key sectors in the US defense market are military fixed-wing, military rotorcraft, body armor and personal protection, missiles, and missile defense systems, among others. For the period of 2022 to 2027, military fixed-wing is the largest sector, followed by submarines.
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Reasons to Buy
- Determine prospective investment areas based on a detailed trend analysis of the US defense market over the next five years
- Gain an in-depth understanding of the underlying factors driving demand for different defense and internal security segments in the US market and identify the opportunities offered.
- Strengthen your understanding of the market in terms of demand drivers, market trends, and the latest technological developments, among others
- Identify the major threats that are driving the US defense market providing a clear picture of future opportunities that can be tapped, resulting in revenue expansion
- Channel resources by focusing on the ongoing programs that are being undertaken by the US government
- Make correct business decisions based on an in-depth analysis of the competitive landscape consisting of detailed profiles of the top defense equipment providers in the country. The company profiles also include information about the key products, alliances, recent contracts awarded, and financial analysis, wherever available
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TABLE OF CONTENTS
Executive Summary
Defense Budget Assessment
Defense Market Size Historic And Forecast
Top Defense Segments By Value
Market Entry Strategy And Regulations
Defense Companies Operating In the US
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