Defense Market in US 2025-2029

Defense Market In US 2025-2029

The defense market in us is forecasted to grow by USD 188 bn during 2024-2029, accelerating at a CAGR of 4.6% during the forecast period. The report on the defense market in us provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.

The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by increase in demand for unmanned aerial vehicles in us, rise in investment for robust cybersecurity infrastructure in us defense sector, and growing investments in defense modernization in us.

The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market size data, segment with regional analysis and vendor landscape in addition to an analysis of the key companies. Reports have historic and forecast data.

Technavio's defense market in us is segmented as below:

By Type

  • Manual defense equipment
  • Autonomous defense equipment
By Platform
  • Airborne
  • Land
  • Naval
By End-user
  • Military
  • Government agencies
  • Defense contractors
This study identifies the increase in technological innovation in defense industry as one of the prime reasons driving the defense market in us growth during the next few years. Also, research and development efforts to develop hypersonic missiles and vehicles for strategic and tactical purposes and rising adoption of manned-unmanned teaming and ai-driven pilot systems in us defense sector will lead to sizable demand in the market.

The report on the defense market in us covers the following areas:
  • Defense Market in US sizing
  • Defense Market in US forecast
  • Defense Market in US industry analysis
The robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading defense market in us vendors that include Airbus SE, BAE Systems Plc, Elbit Systems Ltd., General Dynamics Corp., General Electric Co., General Motors Co., Honeywell International Inc., Huntington Ingalls Industries Inc., Kongsberg Gruppen ASA, L3Harris Technologies Inc., Lockheed Martin Corp., Northrop Grumman Corp., Oshkosh Corp., Polaris Inc., QinetiQ Ltd., RTX Corp., Smith and Wesson Brands Inc, Textron Inc., Thales Group, and The Boeing Co.. Also, the defense market in us analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.

The publisher presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive primary and secondary research. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast accurate market growth.


1 Executive Summary
1.1 Market overview
Executive Summary - Chart on Market Overview
Executive Summary - Data Table on Market Overview
Executive Summary - Chart on Country Market Characteristics
Executive Summary - Chart on Market Segmentation by Type
Executive Summary - Chart on Market Segmentation by Platform
Executive Summary - Chart on Market Segmentation by End-user
Executive Summary - Chart on Company Market Positioning
2 Technavio Analysis
2.1 Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria
Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria
2.2 Criticality of inputs and Factors of differentiation
Overview on criticality of inputs and factors of differentiation
2.3 Factors of disruption
Overview on factors of disruption
2.4 Impact of drivers and challenges
Impact of drivers and challenges in 2024 and 2029
3 Market Landscape
3.1 Market ecosystem
Parent Market
Data Table on - Parent Market
3.2 Market characteristics
Market characteristics analysis
3.3 Value chain analysis
Value chain analysis
4 Market Sizing
4.1 Market definition
Offerings of companies included in the market definition
4.2 Market segment analysis
Market segments
4.3 Market size 2024
4.4 Market outlook: Forecast for 2024-2029
Chart on US - Market size and forecast 2024-2029 ($ billion)
Data Table on US - Market size and forecast 2024-2029 ($ billion)
Chart on US: Year-over-year growth 2024-2029 (%)
Data Table on US: Year-over-year growth 2024-2029 (%)
5 Historic Market Size
5.1 Defense Market in US 2019 - 2023
Historic Market Size - Data Table on Defense Market in US 2019 - 2023 ($ billion)
5.2 Type segment analysis 2019 - 2023
Historic Market Size - Type Segment 2019 - 2023 ($ billion)
5.3 Platform segment analysis 2019 - 2023
Historic Market Size - Platform Segment 2019 - 2023 ($ billion)
5.4 End-user segment analysis 2019 - 2023
Historic Market Size - End-user Segment 2019 - 2023 ($ billion)
6 Qualitative Analysis
6.1 Impact of AI on defense market in US
7 Five Forces Analysis
7.1 Five forces summary
Five forces analysis - Comparison between 2024 and 2029
7.2 Bargaining power of buyers
Bargaining power of buyers - Impact of key factors 2024 and 2029
7.3 Bargaining power of suppliers
Bargaining power of suppliers - Impact of key factors in 2024 and 2029
7.4 Threat of new entrants
Threat of new entrants - Impact of key factors in 2024 and 2029
7.5 Threat of substitutes
Threat of substitutes - Impact of key factors in 2024 and 2029
7.6 Threat of rivalry
Threat of rivalry - Impact of key factors in 2024 and 2029
7.7 Market condition
Chart on Market condition - Five forces 2024 and 2029
8 Market Segmentation by Type
8.1 Market segments
Chart on Type - Market share 2024-2029 (%)
Data Table on Type - Market share 2024-2029 (%)
8.2 Comparison by Type
Chart on Comparison by Type
Data Table on Comparison by Type
8.3 Manual defense equipment - Market size and forecast 2024-2029
Chart on Manual defense equipment - Market size and forecast 2024-2029 ($ billion)
Data Table on Manual defense equipment - Market size and forecast 2024-2029 ($ billion)
Chart on Manual defense equipment - Year-over-year growth 2024-2029 (%)
Data Table on Manual defense equipment - Year-over-year growth 2024-2029 (%)
8.4 Autonomous defense equipment - Market size and forecast 2024-2029
Chart on Autonomous defense equipment - Market size and forecast 2024-2029 ($ billion)
Data Table on Autonomous defense equipment - Market size and forecast 2024-2029 ($ billion)
Chart on Autonomous defense equipment - Year-over-year growth 2024-2029 (%)
Data Table on Autonomous defense equipment - Year-over-year growth 2024-2029 (%)
8.5 Market opportunity by Type
Market opportunity by Type ($ billion)
Data Table on Market opportunity by Type ($ billion)
9 Market Segmentation by Platform
9.1 Market segments
Chart on Platform - Market share 2024-2029 (%)
Data Table on Platform - Market share 2024-2029 (%)
9.2 Comparison by Platform
Chart on Comparison by Platform
Data Table on Comparison by Platform
9.3 Airborne - Market size and forecast 2024-2029
Chart on Airborne - Market size and forecast 2024-2029 ($ billion)
Data Table on Airborne - Market size and forecast 2024-2029 ($ billion)
Chart on Airborne - Year-over-year growth 2024-2029 (%)
Data Table on Airborne - Year-over-year growth 2024-2029 (%)
9.4 Land - Market size and forecast 2024-2029
Chart on Land - Market size and forecast 2024-2029 ($ billion)
Data Table on Land - Market size and forecast 2024-2029 ($ billion)
Chart on Land - Year-over-year growth 2024-2029 (%)
Data Table on Land - Year-over-year growth 2024-2029 (%)
9.5 Naval - Market size and forecast 2024-2029
Chart on Naval - Market size and forecast 2024-2029 ($ billion)
Data Table on Naval - Market size and forecast 2024-2029 ($ billion)
Chart on Naval - Year-over-year growth 2024-2029 (%)
Data Table on Naval - Year-over-year growth 2024-2029 (%)
9.6 Market opportunity by Platform
Market opportunity by Platform ($ billion)
Data Table on Market opportunity by Platform ($ billion)
10 Market Segmentation by End-user
10.1 Market segments
Chart on End-user - Market share 2024-2029 (%)
Data Table on End-user - Market share 2024-2029 (%)
10.2 Comparison by End-user
Chart on Comparison by End-user
Data Table on Comparison by End-user
10.3 Military - Market size and forecast 2024-2029
Chart on Military - Market size and forecast 2024-2029 ($ billion)
Data Table on Military - Market size and forecast 2024-2029 ($ billion)
Chart on Military - Year-over-year growth 2024-2029 (%)
Data Table on Military - Year-over-year growth 2024-2029 (%)
10.4 Government agencies - Market size and forecast 2024-2029
Chart on Government agencies - Market size and forecast 2024-2029 ($ billion)
Data Table on Government agencies - Market size and forecast 2024-2029 ($ billion)
Chart on Government agencies - Year-over-year growth 2024-2029 (%)
Data Table on Government agencies - Year-over-year growth 2024-2029 (%)
10.5 Defense contractors - Market size and forecast 2024-2029
Chart on Defense contractors - Market size and forecast 2024-2029 ($ billion)
Data Table on Defense contractors - Market size and forecast 2024-2029 ($ billion)
Chart on Defense contractors - Year-over-year growth 2024-2029 (%)
Data Table on Defense contractors - Year-over-year growth 2024-2029 (%)
10.6 Market opportunity by End-user
Market opportunity by End-user ($ billion)
Data Table on Market opportunity by End-user ($ billion)
11 Customer Landscape
11.1 Customer landscape overview
Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria
12 Drivers, Challenges, and Opportunity/Restraints
12.1 Market drivers
12.2 Market challenges
12.3 Impact of drivers and challenges
Impact of drivers and challenges in 2024 and 2029
12.4 Market opportunities/restraints
13 Competitive Landscape
13.1 Overview
13.2 Competitive Landscape
Overview on criticality of inputs and factors of differentiation
13.3 Landscape disruption
Overview on factors of disruption
13.4 Industry risks
Impact of key risks on business
14 Competitive Analysis
14.1 Companies profiled
Companies covered
14.2 Company ranking index
Company ranking index
14.3 Market positioning of companies
Matrix on companies position and classification
14.4 Airbus SE
Airbus SE - Overview
Airbus SE - Business segments
Airbus SE - Key news
Airbus SE - Key offerings
Airbus SE - Segment focus
SWOT
14.5 BAE Systems Plc
BAE Systems Plc - Overview
BAE Systems Plc - Business segments
BAE Systems Plc - Key news
BAE Systems Plc - Key offerings
BAE Systems Plc - Segment focus
SWOT
14.6 Elbit Systems Ltd.
Elbit Systems Ltd. - Overview
Elbit Systems Ltd. - Product / Service
Elbit Systems Ltd. - Key news
Elbit Systems Ltd. - Key offerings
SWOT
14.7 General Dynamics Corp.
General Dynamics Corp. - Overview
General Dynamics Corp. - Business segments
General Dynamics Corp. - Key news
General Dynamics Corp. - Key offerings
General Dynamics Corp. - Segment focus
SWOT
14.8 General Electric Co.
General Electric Co. - Overview
General Electric Co. - Business segments
General Electric Co. - Key news
General Electric Co. - Key offerings
General Electric Co. - Segment focus
SWOT
14.9 General Motors Co.
General Motors Co. - Overview
General Motors Co. - Business segments
General Motors Co. - Key news
General Motors Co. - Key offerings
General Motors Co. - Segment focus
SWOT
14.10 Honeywell International Inc.
Honeywell International Inc. - Overview
Honeywell International Inc. - Business segments
Honeywell International Inc. - Key news
Honeywell International Inc. - Key offerings
Honeywell International Inc. - Segment focus
SWOT
14.11 L3Harris Technologies Inc.
L3Harris Technologies Inc. - Overview
L3Harris Technologies Inc. - Business segments
L3Harris Technologies Inc. - Key news
L3Harris Technologies Inc. - Key offerings
L3Harris Technologies Inc. - Segment focus
SWOT
14.12 Lockheed Martin Corp.
Lockheed Martin Corp. - Overview
Lockheed Martin Corp. - Business segments
Lockheed Martin Corp. - Key news
Lockheed Martin Corp. - Key offerings
Lockheed Martin Corp. - Segment focus
SWOT
14.13 Northrop Grumman Corp.
Northrop Grumman Corp. - Overview
Northrop Grumman Corp. - Business segments
Northrop Grumman Corp. - Key news
Northrop Grumman Corp. - Key offerings
Northrop Grumman Corp. - Segment focus
SWOT
14.14 Oshkosh Corp.
Oshkosh Corp. - Overview
Oshkosh Corp. - Business segments
Oshkosh Corp. - Key news
Oshkosh Corp. - Key offerings
Oshkosh Corp. - Segment focus
SWOT
14.15 Polaris Inc.
Polaris Inc. - Overview
Polaris Inc. - Business segments
Polaris Inc. - Key news
Polaris Inc. - Key offerings
Polaris Inc. - Segment focus
SWOT
14.16 RTX Corp.
RTX Corp. - Overview
RTX Corp. - Business segments
RTX Corp. - Key news
RTX Corp. - Key offerings
RTX Corp. - Segment focus
SWOT
14.17 Textron Inc.
Textron Inc. - Overview
Textron Inc. - Business segments
Textron Inc. - Key offerings
Textron Inc. - Segment focus
SWOT
14.18 The Boeing Co.
The Boeing Co. - Overview
The Boeing Co. - Business segments
The Boeing Co. - Key news
The Boeing Co. - Key offerings
The Boeing Co. - Segment focus
SWOT
15 Appendix
15.1 Scope of the report
15.2 Inclusions and exclusions checklist
Inclusions checklist
Exclusions checklist
15.3 Currency conversion rates for US$
Currency conversion rates for US$
15.4 Research methodology
Research methodology
15.5 Data procurement
Information sources
15.6 Data validation
Data validation
15.7 Validation techniques employed for market sizing
Validation techniques employed for market sizing
15.8 Data synthesis
Data synthesis
15.9 360 degree market analysis
360 degree market analysis
15.10 List of abbreviations
List of abbreviations
Exhibits:
Exhibits1: Executive Summary - Chart on Market Overview
Exhibits2: Executive Summary - Data Table on Market Overview
Exhibits3: Executive Summary - Chart on Country Market Characteristics
Exhibits4: Executive Summary - Chart on Market Segmentation by Type
Exhibits5: Executive Summary - Chart on Market Segmentation by Platform
Exhibits6: Executive Summary - Chart on Market Segmentation by End-user
Exhibits7: Executive Summary - Chart on Company Market Positioning
Exhibits8: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria
Exhibits9: Overview on criticality of inputs and factors of differentiation
Exhibits10: Overview on factors of disruption
Exhibits11: Impact of drivers and challenges in 2024 and 2029
Exhibits12: Parent Market
Exhibits13: Data Table on - Parent Market
Exhibits14: Market characteristics analysis
Exhibits15: Value chain analysis
Exhibits16: Offerings of companies included in the market definition
Exhibits17: Market segments
Exhibits18: Chart on US - Market size and forecast 2024-2029 ($ billion)
Exhibits19: Data Table on US - Market size and forecast 2024-2029 ($ billion)
Exhibits20: Chart on US: Year-over-year growth 2024-2029 (%)
Exhibits21: Data Table on US: Year-over-year growth 2024-2029 (%)
Exhibits22: Historic Market Size - Data Table on Defense Market in US 2019 - 2023 ($ billion)
Exhibits23: Historic Market Size - Type Segment 2019 - 2023 ($ billion)
Exhibits24: Historic Market Size - Platform Segment 2019 - 2023 ($ billion)
Exhibits25: Historic Market Size - End-user Segment 2019 - 2023 ($ billion)
Exhibits26: Five forces analysis - Comparison between 2024 and 2029
Exhibits27: Bargaining power of buyers - Impact of key factors 2024 and 2029
Exhibits28: Bargaining power of suppliers - Impact of key factors in 2024 and 2029
Exhibits29: Threat of new entrants - Impact of key factors in 2024 and 2029
Exhibits30: Threat of substitutes - Impact of key factors in 2024 and 2029
Exhibits31: Threat of rivalry - Impact of key factors in 2024 and 2029
Exhibits32: Chart on Market condition - Five forces 2024 and 2029
Exhibits33: Chart on Type - Market share 2024-2029 (%)
Exhibits34: Data Table on Type - Market share 2024-2029 (%)
Exhibits35: Chart on Comparison by Type
Exhibits36: Data Table on Comparison by Type
Exhibits37: Chart on Manual defense equipment - Market size and forecast 2024-2029 ($ billion)
Exhibits38: Data Table on Manual defense equipment - Market size and forecast 2024-2029 ($ billion)
Exhibits39: Chart on Manual defense equipment - Year-over-year growth 2024-2029 (%)
Exhibits40: Data Table on Manual defense equipment - Year-over-year growth 2024-2029 (%)
Exhibits41: Chart on Autonomous defense equipment - Market size and forecast 2024-2029 ($ billion)
Exhibits42: Data Table on Autonomous defense equipment - Market size and forecast 2024-2029 ($ billion)
Exhibits43: Chart on Autonomous defense equipment - Year-over-year growth 2024-2029 (%)
Exhibits44: Data Table on Autonomous defense equipment - Year-over-year growth 2024-2029 (%)
Exhibits45: Market opportunity by Type ($ billion)
Exhibits46: Data Table on Market opportunity by Type ($ billion)
Exhibits47: Chart on Platform - Market share 2024-2029 (%)
Exhibits48: Data Table on Platform - Market share 2024-2029 (%)
Exhibits49: Chart on Comparison by Platform
Exhibits50: Data Table on Comparison by Platform
Exhibits51: Chart on Airborne - Market size and forecast 2024-2029 ($ billion)
Exhibits52: Data Table on Airborne - Market size and forecast 2024-2029 ($ billion)
Exhibits53: Chart on Airborne - Year-over-year growth 2024-2029 (%)
Exhibits54: Data Table on Airborne - Year-over-year growth 2024-2029 (%)
Exhibits55: Chart on Land - Market size and forecast 2024-2029 ($ billion)
Exhibits56: Data Table on Land - Market size and forecast 2024-2029 ($ billion)
Exhibits57: Chart on Land - Year-over-year growth 2024-2029 (%)
Exhibits58: Data Table on Land - Year-over-year growth 2024-2029 (%)
Exhibits59: Chart on Naval - Market size and forecast 2024-2029 ($ billion)
Exhibits60: Data Table on Naval - Market size and forecast 2024-2029 ($ billion)
Exhibits61: Chart on Naval - Year-over-year growth 2024-2029 (%)
Exhibits62: Data Table on Naval - Year-over-year growth 2024-2029 (%)
Exhibits63: Market opportunity by Platform ($ billion)
Exhibits64: Data Table on Market opportunity by Platform ($ billion)
Exhibits65: Chart on End-user - Market share 2024-2029 (%)
Exhibits66: Data Table on End-user - Market share 2024-2029 (%)
Exhibits67: Chart on Comparison by End-user
Exhibits68: Data Table on Comparison by End-user
Exhibits69: Chart on Military - Market size and forecast 2024-2029 ($ billion)
Exhibits70: Data Table on Military - Market size and forecast 2024-2029 ($ billion)
Exhibits71: Chart on Military - Year-over-year growth 2024-2029 (%)
Exhibits72: Data Table on Military - Year-over-year growth 2024-2029 (%)
Exhibits73: Chart on Government agencies - Market size and forecast 2024-2029 ($ billion)
Exhibits74: Data Table on Government agencies - Market size and forecast 2024-2029 ($ billion)
Exhibits75: Chart on Government agencies - Year-over-year growth 2024-2029 (%)
Exhibits76: Data Table on Government agencies - Year-over-year growth 2024-2029 (%)
Exhibits77: Chart on Defense contractors - Market size and forecast 2024-2029 ($ billion)
Exhibits78: Data Table on Defense contractors - Market size and forecast 2024-2029 ($ billion)
Exhibits79: Chart on Defense contractors - Year-over-year growth 2024-2029 (%)
Exhibits80: Data Table on Defense contractors - Year-over-year growth 2024-2029 (%)
Exhibits81: Market opportunity by End-user ($ billion)
Exhibits82: Data Table on Market opportunity by End-user ($ billion)
Exhibits83: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria
Exhibits84: Impact of drivers and challenges in 2024 and 2029
Exhibits85: Overview on criticality of inputs and factors of differentiation
Exhibits86: Overview on factors of disruption
Exhibits87: Impact of key risks on business
Exhibits88: Companies covered
Exhibits89: Company ranking index
Exhibits90: Matrix on companies position and classification
Exhibits91: Airbus SE - Overview
Exhibits92: Airbus SE - Business segments
Exhibits93: Airbus SE - Key news
Exhibits94: Airbus SE - Key offerings
Exhibits95: Airbus SE - Segment focus
Exhibits96: SWOT
Exhibits97: BAE Systems Plc - Overview
Exhibits98: BAE Systems Plc - Business segments
Exhibits99: BAE Systems Plc - Key news
Exhibits100: BAE Systems Plc - Key offerings
Exhibits101: BAE Systems Plc - Segment focus
Exhibits102: SWOT
Exhibits103: Elbit Systems Ltd. - Overview
Exhibits104: Elbit Systems Ltd. - Product / Service
Exhibits105: Elbit Systems Ltd. - Key news
Exhibits106: Elbit Systems Ltd. - Key offerings
Exhibits107: SWOT
Exhibits108: General Dynamics Corp. - Overview
Exhibits109: General Dynamics Corp. - Business segments
Exhibits110: General Dynamics Corp. - Key news
Exhibits111: General Dynamics Corp. - Key offerings
Exhibits112: General Dynamics Corp. - Segment focus
Exhibits113: SWOT
Exhibits114: General Electric Co. - Overview
Exhibits115: General Electric Co. - Business segments
Exhibits116: General Electric Co. - Key news
Exhibits117: General Electric Co. - Key offerings
Exhibits118: General Electric Co. - Segment focus
Exhibits119: SWOT
Exhibits120: General Motors Co. - Overview
Exhibits121: General Motors Co. - Business segments
Exhibits122: General Motors Co. - Key news
Exhibits123: General Motors Co. - Key offerings
Exhibits124: General Motors Co. - Segment focus
Exhibits125: SWOT
Exhibits126: Honeywell International Inc. - Overview
Exhibits127: Honeywell International Inc. - Business segments
Exhibits128: Honeywell International Inc. - Key news
Exhibits129: Honeywell International Inc. - Key offerings
Exhibits130: Honeywell International Inc. - Segment focus
Exhibits131: SWOT
Exhibits132: L3Harris Technologies Inc. - Overview
Exhibits133: L3Harris Technologies Inc. - Business segments
Exhibits134: L3Harris Technologies Inc. - Key news
Exhibits135: L3Harris Technologies Inc. - Key offerings
Exhibits136: L3Harris Technologies Inc. - Segment focus
Exhibits137: SWOT
Exhibits138: Lockheed Martin Corp. - Overview
Exhibits139: Lockheed Martin Corp. - Business segments
Exhibits140: Lockheed Martin Corp. - Key news
Exhibits141: Lockheed Martin Corp. - Key offerings
Exhibits142: Lockheed Martin Corp. - Segment focus
Exhibits143: SWOT
Exhibits144: Northrop Grumman Corp. - Overview
Exhibits145: Northrop Grumman Corp. - Business segments
Exhibits146: Northrop Grumman Corp. - Key news
Exhibits147: Northrop Grumman Corp. - Key offerings
Exhibits148: Northrop Grumman Corp. - Segment focus
Exhibits149: SWOT

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