Power Players in the Global Ground Defence Market: BAE Systems, Lockheed Martin, Thales, and Others Steer the Path to $69.08 Billion by 2030

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Aug 25, 2023, 06:00 ET

DUBLIN, Aug. 25, 2023 /PRNewswire/ -- The "Ground Defence Market: Global Market Size, Forecast, Insights, Segmentation, and Competitive Landscape with Impact of COVID-19 & Russia-Ukraine War" report has been added to ResearchAndMarkets.com's offering.

The global ground defence market is expected to grow at a CAGR of around 4.8% to reach $69.08 billion by 2030 from $49.75 billion in 2023.

This report on global ground defence market report provides holistic understanding of the market along with market sizing, forecast, drivers, challenges, and competitive landscape.

The report presents a clear picture of the global ground defence market by segmenting the market based on operation, application, end user, and region.

Also, detailed profiles of companies operating in the ground defence market are provided in this report. We believe that this report will aid the professionals and industry stakeholders in making informed decision.

Companies Mentioned

BAE Systems plc.
Israel Aerospace Industries Ltd.
Kongsberg Gruppen ASA
Lockheed Martin Corporation
MBDA
Northrop Grumman Corporation
Rafael Advanced Defense Systems Ltd.
Raytheon Technologies Corporation
Rheinmetall AG
Thales Group

Market Dynamics

Drivers

Rise in Investment for Robotics Technologies
Increase in Demand of Multi-role Armored Vehicles

Challenges

Slow Production Rate
High Cost

Historical & Forecast Period

Base Year: 2022
Historical Period: 2018-2022
Forecast Period: 2023-2030

Market Segmentation

by Operation

Manned
Unmanned

by Application

Combat
Logistics & Transportation
Surveillance & Reconnaissance
Intelligence & Data Warfare
Training
Others

by End User

Defense Intelligence
Military
Law Enforcement

by Region

Europe
Germany
United Kingdom
France
Italy
Spain
Russia
Netherlands
Rest of Europe
North America
United States
Canada
Asia Pacific
China
Japan
India
South Korea
Australia
Indonesia
Rest of Asia Pacific
Latin America
Mexico
Brazil
Argentina
Rest of Latin America
Middle East & Africa
Saudi Arabia
Turkey
Iran
United Arab Emirates
Rest of Middle East & Africa

For more information about this report visit https://www.researchandmarkets.com/r/n3hjl1

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SOURCE Research and Markets