Taiwan Defense Market - Size and trends, budget allocation, regulations, key acquisitions, competitive landscape and forecast, 2025-2030
Summary
Taiwan Defense Market - Size and trends, budget allocation, regulations, key acquisitions, competitive landscape and forecast, 2025-2030 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. It also offers insights regarding key factors and government programs that are expected to influence the demand for military platforms over the forecast period.
Taiwan faces nearly constant challenges from China’s armed forces in the waters and airspace near the island, including regular Chinese air force missions into the Taiwanese air defense identification zone. In order to mitigate this threat, the country plans to increase its defense expenditure, with significant and steady investments in defense procurements. Some of its current key defense procurements are 56 F-16V aircraft, 108 M1A2 Abrams tanks, and stinger missiles, along with other equipment. The Taiwanese defense budget valued $20.3 billion in 2025 and registered a CAGR of 9.8% during the historic period. Over the forecast period, Taiwanese defense expenditure is anticipated to register a CAGR of 2.8% to value $23.5 billion in 2030 due to the People's Republic of China's (PRC) assertiveness with regards to its 'One China Policy'.
Key Highlights
Learn how to effectively navigate the market research process to help guide your organization on the journey to success.
Download eBook