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Defense Market Business Opportunities, Market Size and 2020-2030 Forecasts

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vamshi tbrc
Defense Market Business Opportunities, Market Size and 2020-2030 Forecasts

The Business Research Company’s latest report Defense Global Market Report 2020 covers Defense market drivers, Defense market trends, Defense market segments, Defense market growth rate, Defense market major players, and Defense market size. The report provides in-depth analysis of the impact of COVID-19 on the Defense industry, along with revised market numbers due to the effects of the coronavirus.

View Complete Report: https://www.thebusinessresearchcompany.com/report/defense-global-market-report-2020-30-covid-19-impact-and-recovery

Defense Global Market Report 2020 is the most comprehensive report available on this market and will help gain a truly global perspective as it covers 60 geographies. The chapter on the impact of COVID-19 gives valuable insights on supply chain disruptions, logistical challenges, and other economic implications of the virus on the market. The chapter also covers markets which have been positively affected by the pandemic.

The global defense market is expected to decline from $428 billion in 2019 to $372 billion in 2020 at a compound annual growth rate (CAGR) of -13.1%. The decline is mainly due to economic slowdown across countries owing to the COVID-19 outbreak and the measures to contain it. The market is then expected to recover and grow at a CAGR of 4% from 2021 and reach $411.6 billion in 2023.

Request for the sample now: https://www.thebusinessresearchcompany.com/sample.aspx?id=1933&type=smp

The global defense market is segmented by type into air based defense equipment manufacturing, sea based defense equipment manufacturing, land based defense equipment manufacturing, defense equipment maintenance, repair and overhauling services, defense support and auxiliary equipment manufacturing, by operation into autonomous defense equipment, manual. Subsegments covered are fighter aircrafts, military helicopters, military gliders and drones, battle force ships manufacturing (aircraft carriers, frigates, destroyers, corvettes, torpedo boats, support crafts), submarines (including nuclear submarines), armored vehicles, missiles, tanks, small arms and light weapons, air based defense equipment MRO services, water based defense equipment MRO services, land based defense equipment MRO services, military radars, military satellites, other defense support and auxiliary equipment manufacturing.

About The Business Research Company: 
The Business Research Company is a Business Intelligence Company which excels in company, market and consumer research. It has offices in the UK, the US and India and a network of trained researchers in 15 countries globally.  

Contact Information: 
The Business Research Company 
Europe: +44 207 1930 708 
Asia: +91 8897263534 
Americas: +1 315 623 0293 
Email: [email protected]

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