Government Spending Global Group of Eight (G8) Industry Guide 2020-2029

Best Price Guarantee	Length	Publisher	Published Date	SKU
from $1,495	381 Pages	MarketLine	May, 2025	MTLN20185891

Best Price Guarantee
Price	from $1,495
Length	381 Pages
Publisher	MarketLine
Published Date	May, 2025
SKU	MTLN20185891

Government Spending Global Group of Eight (G8) Industry Guide 2020-2029

Summary

The G8 Government Spending industry profile provides top-line qualitative and quantitative summary information including: market size (value , and forecast to 2029). The profile also contains descriptions of the leading players including key financial metrics and analysis of competitive pressures within the market.

Key Highlights

The G8 counties contributed $20,623.7 billion in 2024 to the global government spending industry, with a compound annual growth rate (CAGR) of 2.5% between 2020 and 2024. The G8 countries are expected to reach a value of $24,928.4 billion in 2029, with a CAGR of 3.9% over the 2024-29 period.
Among the G8 nations, the US is the leading country in the government spending industry, with market revenues of $11,172.7 billion in 2024. This was followed by Germany and France, with a value of $2,207.5 and $1,785.6 billion, respectively.
The US is expected to lead the government spending industry in the G8 nations with a value of $13,825.0 billion in 2016, followed by Germany and France with expected values of $2,678.1 and $2,062.2 billion, respectively.

Scope

Save time carrying out entry-level research by identifying the size, growth, major segments, and leading players in the G8 government spending market
Use the Five Forces analysis to determine the competitive intensity and therefore attractiveness of the G8 government spending market
Leading company profiles reveal details of key government spending market players’ G8 operations and financial performance
Add weight to presentations and pitches by understanding the future growth prospects of the G8 government spending market with five year forecasts
Compares data from the US, Canada, Germany, France, UK, Italy, Russia and Japan, alongside individual chapters on each country

Reasons to Buy

What was the size of the G8 government spending market by value in 2024?
What will be the size of the G8 government spending market in 2029?
What factors are affecting the strength of competition in the G8 government spending market?
How has the market performed over the last five years?
What are the main segments that make up the G8 government spending market?

1 Introduction: 1.1. What is this report about?; 1.2. Who is the target reader?; 1.3. How to use this report; 1.4. Definitions
2 Group of Eight (G8) Government Spending: 2.1. Industry Outlook
3 Government Spending in Canada: 3.1. Market Overview; 3.2. Market Data; 3.3. Market Segmentation; 3.4. Market outlook; 3.5. Five forces analysis
4 Macroeconomic Indicators: 4.1. Country data
5 Government Spending in France: 5.1. Market Overview; 5.2. Market Data; 5.3. Market Segmentation; 5.4. Market outlook; 5.5. Five forces analysis
6 Macroeconomic Indicators: 6.1. Country data
7 Government Spending in Germany: 7.1. Market Overview; 7.2. Market Data; 7.3. Market Segmentation; 7.4. Market outlook; 7.5. Five forces analysis
8 Macroeconomic Indicators: 8.1. Country data
9 Government Spending in Italy: 9.1. Market Overview; 9.2. Market Data; 9.3. Market Segmentation; 9.4. Market outlook; 9.5. Five forces analysis
10 Macroeconomic Indicators: 10.1. Country data
11 Government Spending in Japan: 11.1. Market Overview; 11.2. Market Data; 11.3. Market Segmentation; 11.4. Market outlook; 11.5. Five forces analysis
12 Macroeconomic Indicators: 12.1. Country data
13 Government Spending in Russia: 13.1. Market Overview; 13.2. Market Data; 13.3. Market Segmentation; 13.4. Market outlook; 13.5. Five forces analysis
14 Macroeconomic Indicators: 14.1. Country data
15 Government Spending in The United Kingdom: 15.1. Market Overview; 15.2. Market Data; 15.3. Market Segmentation; 15.4. Market outlook; 15.5. Five forces analysis
16 Macroeconomic Indicators: 16.1. Country data
17 Government Spending in The United States: 17.1. Market Overview; 17.2. Market Data; 17.3. Market Segmentation; 17.4. Market outlook; 17.5. Five forces analysis
18 Macroeconomic Indicators: 18.1. Country data
19 Company Profiles: 19.1. Lockheed Martin Corp; 19.2. General Dynamics Corp; 19.3. China State Construction Engineering Corp Ltd; 19.4. Actividades de Construccion y Servicios SA; 19.5. Larsen & Toubro Ltd; 19.6. Aviation Industry Corp of China Ltd; 19.7. Mitsubishi Heavy Industries Ltd; 19.8. GS Engineering & Construction Corp; 19.9. BAE Systems Plc; 19.10. Dassault Aviation SA; 19.11. Vinci SA; 19.12. Thales SA; 19.13. SNCF Group; 19.14. Deutsche Bahn AG; 19.15. Deutsche Telekom AG; 19.16. Rheinmetall AG; 19.17. HOCHTIEF AG; 19.18. ASC Pty Ltd; 19.19. BAE Systems Australia Ltd; 19.20. Decmil Group Ltd; 19.21. Australian Rail Track Corporation Ltd; 19.22. MOVER Participacoes SA; 19.23. Embraer SA; 19.24. Companhia de Saneamento Basico do Estado de Sao Paulo; 19.25. Infra SA; 19.26. JD Irving Ltd; 19.27. Extendicare Inc; 19.28. Honeywell International Inc; 19.29. China National Petroleum Corporation No.6 Construction Co Ltd; 19.30. China South Industries Group Corp; 19.31. Bharat Heavy Electricals Ltd; 19.32. Hindustan Aeronautics Ltd; 19.33. Housing and Urban Development Corporation Ltd; 19.34. PT Astra International Tbk; 19.35. PT PAL Indonesia; 19.36. PT Pertamina (Persero); 19.37. PT PLN (Persero); 19.38. Webuild SpA; 19.39. Astaris SpA (Inactive); 19.40. Leonardo SpA; 19.41. Gestore dei Servizi Energetici - GSE SpA; 19.42. Kajima Corp; 19.43. Obayashi Corp; 19.44. Nippon Telegraph and Telephone Corp; 19.45. Grupo Carso SA de CV; 19.46. Comision Federal de Electricidad; 19.47. Comision Nacional del Agua; 19.48. Empresas ICA SAB de CV; 19.49. Royal BAM Group NV; 19.50. Royal Volker Wessels Stevin NV; 19.51. NS Reizigers BV; 19.52. Airbus SE; 19.53. United Aircraft Corp; 19.54. Almaz-Antey Concern; 19.55. Rossiiskie Zheleznye Dorogi; 19.56. Gazprom; 19.57. Skanska AB; 19.58. Saab AB; 19.59. Peab AB; 19.60. Kongsberg Gruppen ASA; 19.61. Singapore Technologies Engineering Ltd; 19.62. Hyundai Engineering & Construction Co Ltd; 19.63. SMRT Corp Ltd; 19.64. Public Utilities Board; 19.65. Aveng Ltd; 19.66. Eskom Holdings SOC Ltd; 19.67. Passenger Rail Agency of South Africa; 19.68. Paramount Group Inc; 19.69. Hanwha Group; 19.70. Korea Aerospace Industries Ltd; 19.71. Samsung C&T Corp; 19.72. Ferrovial SE; 19.73. Indra Sistemas SA; 19.74. General Dynamics European Land Systems Group; 19.75. Aselsan Elektronik Sanayi Ve Ticaret AS; 19.76. ENKA Insaat ve Sanayi AS; 19.77. Havelsan Hava Elektronik Sanayi Ve Ticaret AS; 19.78. Elektrik Uretim AS; 19.79. Balfour Beatty Plc; 19.80. Network Rail Ltd; 19.81. Capita Plc; 19.82. RTX Corp; 19.83. McKesson Corp
20 Appendix: 20.1. Methodology; 20.2. About MarketLine
List of Tables: Table 1: G8 government spending industry, revenue($bn), 2020-29; Table 2: G8 government spending industry, revenue by country ($bn), 2020-24; Table 3: G8 government spending industry forecast, revenue by country ($bn), 2024-29; Table 4: Canada government spending sector value: $ billion, 2019-24; Table 5: Canada government spending sector category segmentation: % share, by value, 2019-24; Table 6: Canada government spending sector category segmentation: $ billion, 2019-24; Table 7: Canada government spending sector geography segmentation: $ billion, 2024; Table 8: Canada government spending sector value forecast: $ billion, 2024-29; Table 9: Canada Size of Population (Million), 2020-24; Table 10: Canada Real GDP (Constant 2010 Prices, $ Billion), 2020-24; Table 11: Canada GDP (Current Prices, $ Billion), 2020-24; Table 12: Canada Inflation, 2020-24; Table 13: Canada Consumer Price Index (Absolute), 2020-24; Table 14: Canada Exchange Rate, 2019-24; Table 15: France government spending sector value: $ billion, 2019-24; Table 16: France government spending sector category segmentation: % share, by value, 2019-24; Table 17: France government spending sector category segmentation: $ billion, 2019-24; Table 18: France government spending sector geography segmentation: $ billion, 2024; Table 19: France government spending sector value forecast: $ billion, 2024-29; Table 20: France Size of Population (Million), 2020-24; Table 21: France Real GDP (Constant 2010 Prices, $ Billion), 2020-24; Table 22: France GDP (Current Prices, $ Billion), 2020-24; Table 23: France Inflation, 2020-24; Table 24: France Consumer Price Index (Absolute), 2020-24; Table 25: France Exchange Rate, 2019-24; Table 26: Germany government spending sector value: $ billion, 2019-24; Table 27: Germany government spending sector category segmentation: % share, by value, 2019-24; Table 28: Germany government spending sector category segmentation: $ billion, 2019-24; Table 29: Germany government spending sector geography segmentation: $ billion, 2024; Table 30: Germany government spending sector value forecast: $ billion, 2024-29; Table 31: Germany Size of Population (Million), 2020-24; Table 32: Germany Real GDP (Constant 2010 Prices, $ Billion), 2020-24; Table 33: Germany GDP (Current Prices, $ Billion), 2020-24; Table 34: Germany Inflation, 2020-24; Table 35: Germany Consumer Price Index (Absolute), 2020-24; Table 36: Germany Exchange Rate, 2019-24; Table 37: Italy government spending sector value: $ billion, 2019-24; Table 38: Italy government spending sector category segmentation: % share, by value, 2019-24; Table 39: Italy government spending sector category segmentation: $ billion, 2019-24; Table 40: Italy government spending sector geography segmentation: $ billion, 2024; Table 41: Italy government spending sector value forecast: $ billion, 2024-29; Table 42: Italy Size of Population (Million), 2020-24; Table 43: Italy Real GDP (Constant 2010 Prices, $ Billion), 2020-24; Table 44: Italy GDP (Current Prices, $ Billion), 2020-24; Table 45: Italy Inflation, 2020-24; Table 46: Italy Consumer Price Index (Absolute), 2020-24; Table 47: Italy Exchange Rate, 2019-24; Table 48: Japan government spending sector value: $ billion, 2019-24; Table 49: Japan government spending sector category segmentation: % share, by value, 2019-24; Table 50: Japan government spending sector category segmentation: $ billion, 2019-24; Table 51: Japan government spending sector geography segmentation: $ billion, 2024; Table 52: Japan government spending sector value forecast: $ billion, 2024-29; Table 53: Japan Size of Population (Million), 2020-24; Table 54: Japan Real GDP (Constant 2010 Prices, $ Billion), 2020-24; Table 55: Japan GDP (Current Prices, $ Billion), 2020-24; Table 56: Japan Inflation, 2020-24; Table 57: Japan Consumer Price Index (Absolute), 2020-24; Table 58: Japan Exchange Rate, 2019-24; Table 59: Russia government spending sector value: $ billion, 2019-24; Table 60: Russia government spending sector category segmentation: % share, by value, 2019-24; Table 61: Russia government spending sector category segmentation: $ billion, 2019-24; Table 62: Russia government spending sector geography segmentation: $ billion, 2024; Table 63: Russia government spending sector value forecast: $ billion, 2024-29; Table 64: Russia Size of Population (Million), 2020-24; Table 65: Russia Real GDP (Constant 2010 Prices, $ Billion), 2020-24; Table 66: Russia GDP (Current Prices, $ Billion), 2020-24; Table 67: Russia Inflation, 2020-24; Table 68: Russia Consumer Price Index (Absolute), 2020-24; Table 69: Russia Exchange Rate, 2019-24; Table 70: United Kingdom government spending sector value: $ billion, 2019-24; Table 71: United Kingdom government spending sector category segmentation: % share, by value, 2019-24; Table 72: United Kingdom government spending sector category segmentation: $ billion, 2019-24; Table 73: United Kingdom government spending sector geography segmentation: $ billion, 2024; Table 74: United Kingdom government spending sector value forecast: $ billion, 2024-29; Table 75: United Kingdom Size of Population (Million), 2020-24; Table 76: United Kingdom Real GDP (Constant 2010 Prices, $ Billion), 2020-24; Table 77: United Kingdom GDP (Current Prices, $ Billion), 2020-24; Table 78: United Kingdom Inflation, 2020-24; Table 79: United Kingdom Consumer Price Index (Absolute), 2020-24; Table 80: United Kingdom Exchange Rate, 2019-24; Table 81: United States government spending sector value: $ billion, 2019-24; Table 82: United States government spending sector category segmentation: % share, by value, 2019-24; Table 83: United States government spending sector category segmentation: $ billion, 2019-24; Table 84: United States government spending sector geography segmentation: $ billion, 2024; Table 85: United States government spending sector value forecast: $ billion, 2024-29; Table 86: United States Size of Population (Million), 2020-24; Table 87: United States Real GDP (Constant 2010 Prices, $ Billion), 2020-24; Table 88: United States GDP (Current Prices, $ Billion), 2020-24; Table 89: United States Inflation, 2020-24; Table 90: United States Consumer Price Index (Absolute), 2020-24; Table 91: United States Exchange Rate, 2019-24; Table 92: Lockheed Martin Corp: Key Facts; Table 93: Lockheed Martin Corp: Annual Financial Ratios; Table 94: Lockheed Martin Corp: Key Employees; Table 95: General Dynamics Corp: Key Facts; Table 96: General Dynamics Corp: Annual Financial Ratios; Table 97: General Dynamics Corp: Key Employees; Table 98: General Dynamics Corp: Key Employees Continued; Table 99: China State Construction Engineering Corp Ltd: Key Facts; Table 100: China State Construction Engineering Corp Ltd: Annual Financial Ratios; Table 101: China State Construction Engineering Corp Ltd: Key Employees; Table 102: Actividades de Construccion y Servicios SA: Key Facts; Table 103: Actividades de Construccion y Servicios SA: Annual Financial Ratios; Table 104: Actividades de Construccion y Servicios SA: Key Employees; Table 105: Actividades de Construccion y Servicios SA: Key Employees Continued; Table 106: Larsen & Toubro Ltd: Key Facts; Table 107: Larsen & Toubro Ltd: Annual Financial Ratios; Table 108: Larsen & Toubro Ltd: Key Employees; Table 109: Aviation Industry Corp of China Ltd: Key Facts; Table 110: Aviation Industry Corp of China Ltd: Key Employees
List of Figures: Figure 1: G8 government spending industry, revenue($bn), 2020-29; Figure 2: G8 Government Spending industry, revenue by country (%), 2024; Figure 3: G8 government spending industry, revenue by country ($bn), 2020-24; Figure 4: G8 government spending industry forecast, revenue by country ($bn), 2024-29; Figure 5: Canada government spending sector value: $ billion, 2019-24; Figure 6: Canada government spending sector category segmentation: $ billion, 2019-24; Figure 7: Canada government spending sector geography segmentation: % share, by value, 2024; Figure 8: Canada government spending sector value forecast: $ billion, 2024-29; Figure 9: Forces driving competition in the government spending sector in Canada, 2024; Figure 10: Drivers of buyer power in the government spending sector in Canada, 2024; Figure 11: Drivers of supplier power in the government spending sector in Canada, 2024; Figure 12: Factors influencing the likelihood of new entrants in the government spending sector in Canada, 2024; Figure 13: Factors influencing the threat of substitutes in the government spending sector in Canada, 2024; Figure 14: Drivers of degree of rivalry in the government spending sector in Canada, 2024; Figure 15: France government spending sector value: $ billion, 2019-24; Figure 16: France government spending sector category segmentation: $ billion, 2019-24; Figure 17: France government spending sector geography segmentation: % share, by value, 2024; Figure 18: France government spending sector value forecast: $ billion, 2024-29; Figure 19: Forces driving competition in the government spending sector in France, 2024; Figure 20: Drivers of buyer power in the government spending sector in France, 2024; Figure 21: Drivers of supplier power in the government spending sector in France, 2024; Figure 22: Factors influencing the likelihood of new entrants in the government spending sector in France, 2024; Figure 23: Factors influencing the threat of substitutes in the government spending sector in France, 2024; Figure 24: Drivers of degree of rivalry in the government spending sector in France, 2024; Figure 25: Germany government spending sector value: $ billion, 2019-24; Figure 26: Germany government spending sector category segmentation: $ billion, 2019-24; Figure 27: Germany government spending sector geography segmentation: % share, by value, 2024; Figure 28: Germany government spending sector value forecast: $ billion, 2024-29; Figure 29: Forces driving competition in the government spending sector in Germany, 2024; Figure 30: Drivers of buyer power in the government spending sector in Germany, 2024; Figure 31: Drivers of supplier power in the government spending sector in Germany, 2024; Figure 32: Factors influencing the likelihood of new entrants in the government spending sector in Germany, 2024; Figure 33: Factors influencing the threat of substitutes in the government spending sector in Germany, 2024; Figure 34: Drivers of degree of rivalry in the government spending sector in Germany, 2024; Figure 35: Italy government spending sector value: $ billion, 2019-24; Figure 36: Italy government spending sector category segmentation: $ billion, 2019-24; Figure 37: Italy government spending sector geography segmentation: % share, by value, 2024; Figure 38: Italy government spending sector value forecast: $ billion, 2024-29; Figure 39: Forces driving competition in the government spending sector in Italy, 2024; Figure 40: Drivers of buyer power in the government spending sector in Italy, 2024; Figure 41: Drivers of supplier power in the government spending sector in Italy, 2024; Figure 42: Factors influencing the likelihood of new entrants in the government spending sector in Italy, 2024; Figure 43: Factors influencing the threat of substitutes in the government spending sector in Italy, 2024; Figure 44: Drivers of degree of rivalry in the government spending sector in Italy, 2024; Figure 45: Japan government spending sector value: $ billion, 2019-24; Figure 46: Japan government spending sector category segmentation: $ billion, 2019-24; Figure 47: Japan government spending sector geography segmentation: % share, by value, 2024; Figure 48: Japan government spending sector value forecast: $ billion, 2024-29; Figure 49: Forces driving competition in the government spending sector in Japan, 2024; Figure 50: Drivers of buyer power in the government spending sector in Japan, 2024; Figure 51: Drivers of supplier power in the government spending sector in Japan, 2024; Figure 52: Factors influencing the likelihood of new entrants in the government spending sector in Japan, 2024; Figure 53: Factors influencing the threat of substitutes in the government spending sector in Japan, 2024; Figure 54: Drivers of degree of rivalry in the government spending sector in Japan, 2024; Figure 55: Russia government spending sector value: $ billion, 2019-24; Figure 56: Russia government spending sector category segmentation: $ billion, 2019-24; Figure 57: Russia government spending sector geography segmentation: % share, by value, 2024; Figure 58: Russia government spending sector value forecast: $ billion, 2024-29; Figure 59: Forces driving competition in the government spending sector in Russia, 2024; Figure 60: Drivers of buyer power in the government spending sector in Russia, 2024; Figure 61: Drivers of supplier power in the government spending sector in Russia, 2024; Figure 62: Factors influencing the likelihood of new entrants in the government spending sector in Russia, 2024; Figure 63: Factors influencing the threat of substitutes in the government spending sector in Russia, 2024; Figure 64: Drivers of degree of rivalry in the government spending sector in Russia, 2024; Figure 65: United Kingdom government spending sector value: $ billion, 2019-24; Figure 66: United Kingdom government spending sector category segmentation: $ billion, 2019-24; Figure 67: United Kingdom government spending sector geography segmentation: % share, by value, 2024; Figure 68: United Kingdom government spending sector value forecast: $ billion, 2024-29; Figure 69: Forces driving competition in the government spending sector in the United Kingdom, 2024; Figure 70: Drivers of buyer power in the government spending sector in the United Kingdom, 2024; Figure 71: Drivers of supplier power in the government spending sector in the United Kingdom, 2024; Figure 72: Factors influencing the likelihood of new entrants in the government spending sector in the United Kingdom, 2024; Figure 73: Factors influencing the threat of substitutes in the government spending sector in the United Kingdom, 2024; Figure 74: Drivers of degree of rivalry in the government spending sector in the United Kingdom, 2024; Figure 75: United States government spending sector value: $ billion, 2019-24; Figure 76: United States government spending sector category segmentation: $ billion, 2019-24; Figure 77: United States government spending sector geography segmentation: % share, by value, 2024; Figure 78: United States government spending sector value forecast: $ billion, 2024-29; Figure 79: Forces driving competition in the government spending sector in the United States, 2024; Figure 80: Drivers of buyer power in the government spending sector in the United States, 2024; Figure 81: Drivers of supplier power in the government spending sector in the United States, 2024; Figure 82: Factors influencing the likelihood of new entrants in the government spending sector in the United States, 2024; Figure 83: Factors influencing the threat of substitutes in the government spending sector in the United States, 2024; Figure 84: Drivers of degree of rivalry in the government spending sector in the United States, 2024