Industria
Defense Platforms and Systems Outlook Industry worth $2,460.0 billion in 2024 - Exclusive Report by MarketsandMarkets™
https://www.marketsandmarkets.com/Enquiry_Before_BuyingNew.asp?id=184807569
Globally, the airborne platforms currently present the largest growth opportunity through 2024 and beyond. This is primarily driven by the increased global emphasis on precision engagement, rapid force projection, strategic airlift, and advanced intelligence, surveillance, and reconnaissance (ISR) capabilities. Nations are prioritizing investments in next-generation fighter aircraft, unmanned aerial systems (UAS), and electronic warfare platforms to strengthen their operational agility and multi-domain integration. The airborne segment is projected to grow from USD 72 billion in 2023 to USD 75 billion by 2024, registering the highest annual growth rate among the three domains. In contrast, land platforms are seeing steady growth supported by modernization programs focused on armored vehicles, artillery systems, and future soldier technologies. While significant in scale, these programs are often regionalized and primarily driven by internal security and border conflict considerations. Marine platforms, although strategically vital—especially in the context of rising maritime disputes and A2/AD capabilities—face moderate growth due to long procurement cycles and high capital requirements associated with submarines, surface vessels, and aircraft carriers. Overall, airborne platforms are expected to lead defense platform growth, backed by their versatility, rapid deployment capabilities, and alignment with evolving multi-domain warfare requirements.
https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=184807569
The world military expenditure analysis has been studied in North America , Europe , Asia Pacific , and the Rest of the World. North America is projected to have the largest share in the world defense budget allocation market. This dominance is driven by the substantial defense budget of the United States , the presence of advanced defense industries, and the region's active military engagement and global security responsibilities. The upswing in expenditures on modernization initiatives in the Asia Pacific region is driven by several factors, including the growing sophistication of weapon systems, the necessity to replace aging equipment, and the aspiration to maintain a technological edge. Countries like India , Japan , South Korea , and Australia are channeling substantial investments into novel weapons systems such as fifth-generation fighters, stealth bombers, and missile systems.
Top defense companies in the study include Northrop Grumman Corporation (US), BAE Systems (UK), Lockheed Martin Corporation (US), Rheinmetall AG ( Germany ), Oshkosh Corporation (US), Hanwha Defense ( South Korea ), among others.
https://www.marketsandmarkets.com/requestCustomizationNew.asp?id=184807569
MarketsandMarkets™ has been recognized as one of America's Best Management Consulting Firms by Forbes, as per their recent report.
MarketsandMarkets™ is a blue ocean alternative in growth consulting and program management, leveraging a man-machine offering to drive supernormal growth for progressive organizations in the B2B space. With the widest lens on emerging technologies, we are proficient in co-creating supernormal growth for clients across the globe.
Today, 80% of Fortune 2000 companies rely on MarketsandMarkets, and 90 of the top 100 companies in each sector trust us to accelerate their revenue growth. With a global clientele of over 13,000 organizations, we help businesses thrive in a disruptive ecosystem.
The B2B economy is witnessing the emergence of $25 trillion in new revenue streams that are replacing existing ones within this decade. We work with clients on growth programs, helping them monetize this $25 trillion opportunity through our service lines – TAM Expansion, Go-to-Market (GTM) Strategy to Execution, Market Share Gain, Account Enablement, and Thought Leadership Marketing.
Built on the 'GIVE Growth' principle, we collaborate with several Forbes Global 2000 B2B companies to keep them future-ready. Our insights and strategies are powered by industry experts, cutting-edge AI, and our Market Intelligence Cloud, KnowledgeStore™, which integrates research and provides ecosystem-wide visibility into revenue shifts.
In addition, enables sales teams to identify high-priority accounts and uncover hidden opportunities, helping them build more pipeline and win more deals with precision.
To find out more, visit www.MarketsandMarkets™.com or follow us on Twitter , LinkedIn and Facebook .
MarketsandMarkets™ INC.
1615 South Congress Ave.
Suite 103, Delray Beach, FL 33445
USA : +1-888-600-6441
Email: sales@marketsandmarkets.com
Visit Our Website: https://www.marketsandmarkets.com/
Content Source: https://www.marketsandmarkets.com/PressReleases/defense-platforms-systems-outlook.asp
Logo: https://mma.prnewswire.com/media/1868219/MarketsandMarkets_Logo.jpg
View original content:https://www.prnewswire.co.uk/news-releases/defense-platforms-and-systems-outlook-industry-worth-2-460-0-billion-in-2024---exclusive-report-by-marketsandmarkets-302423092.html