-
Product Insights
Xiaogang Shipyard Solar PV Plant
Xiaogang Shipyard Solar PV Plant is a solar PV project located in Kaohsiung, Taiwan. The project came online in 2019. Empower your strategies with our Xiaogang Shipyard Solar PV Plant report and make more profitable business decisions. Note: This is an on-demand report that will be delivered upon request. The report will be delivered within 2 to 3 business day of the purchase, excluding weekends and holidays. Certain sections of the report may be removed or altered based on data...
-
Sector Analysis
Philippines Defense Market Size, Trends, Budget Allocation, Regulations, Acquisitions, Competitive Landscape and Forecast to 2029
Philippines Defense Market Report Overview The Philippines defense budget is worth $4.1 billion in 2024 and is expected to register a robust CAGR of more than 6% during 2025-2029. Territorial claims in the South China Sea and the increasing strength and assertiveness of the Chinese armed forces have spurred the Philippines government to enhance its military capabilities, driving the Philippines’s defense expenditure. Additionally, the Philippines is planning to replace its obsolete equipment to combat the modern threat scenario. The country...
-
Sector Analysis
NewNetherlands Defense Market Size, Trends, Budget Allocation, Regulations, Acquisitions, Competitive Landscape and Forecast to 2029
Netherlands Defense Market Report Overview As of 2024, the Netherlands defense budget is worth $22.8 billion. The country’s defense budget experienced a sudden increase in 2024, as the Dutch government adjusted to the reality of war on the European continent. Furthermore, Russia’s invasion of Ukraine has compelled the Netherlands to reinforce its defense posture, as it hopes to deter and defend against further Russian aggression. Against the backdrop of war in Europe, the country’s defense budget will grow at a...
-
Sector Analysis
United States (US) Defense Market Size, Trends, Budget Allocation, Regulations, Acquisitions, Competitive Landscape and Forecast to 2028
US Defense Market Report Overview The US defense budget was worth $818.8 billion in 2023, which was a 10.7% rise from the previous year. This is in response to the deteriorating global security environment such as the Russian invasion of Ukraine and continued tensions with China over territory in the South China Sea and wider Indo-Pacific. Numerous geo-strategic and domestic political imperatives continue to drive US expenditure as defense capabilities gain growing political importance. The country’s defense budget is expected to...
-
Sector Analysis
Lithuania Defense Market Size, Trends, Budget Allocation, Regulations, Acquisitions, Competitive Landscape and Forecast to 2029
Lithuania Defense Market Report Overview The Lithuania defense budget was worth $2.1Â billion in 2024 and will grow at a CAGR of more than 6% during 2025-2029. The budget will grow because of modernization commitments by the Lithuanian government and additional threats, including the conflict in Ukraine, have heightened the need for military spending. The Lithuanian military is pursuing several programs, including the acquisition of armored vehicles, M142 HIMARS, and Black Hawk helicopters to provide it with more modern capabilities. Lithuania...
-
Sector Analysis
Vietnam Defense Market Size, Trends, Budget Allocation, Regulations, Acquisitions, Competitive Landscape and Forecast to 2029
Vietnam Defense Market Report Overview The Vietnam defense budget is worth $7.8 billion in 2024 and is forecast to register a robust CAGR of more than 5% during 2025-2029. Territorial claims in the South China Sea and the increasing strength and assertiveness of the Chinese armed forces have spurred the Vietnamese government to enhance its military capabilities, driving Vietnam’s defense expenditure. Additionally, Vietnam is planning to replace its obsolete equipment to combat the modern threat scenario. The country is expected...
-
Sector Analysis
Bangladesh Defense Market Size, Trends, Budget Allocation, Regulations, Acquisitions, Competitive Landscape and Forecast to 2028
Bangladesh Defense Market Report Overview The Bangladesh defense budget is worth $4.1 billion. The country’s defense budget is set to see high levels of growth, registering a CAGR of more than 5% between 2024 and 2028. The increase in Bangladesh defense expenditure is attributed to the government's strategic military modernization plan, 'Forces Goal 2030,' that is aimed at enhancing the armed forces’ capabilities. The country’s needs to upgrade its existing arsenal of armed forces, participate in peacekeeping missions, and combat...
-
Sector Analysis
Canada Defense Market Size, Trends, Budget Allocation, Regulations, Acquisitions, Competitive Landscape and Forecast to 2028
Canada Defense Market Report Overview The Canada defense budget is $20.6 billion in 2023 and is expected to grow at a CAGR of more than 2% from 2024 to 2028. The increase is generally consistent with the growth seen in the historic 2019-2023 period. As a Western nation and member of NATO, the primary drivers of Canada’s defense spending are factors such as growing concern over the resurgence of Russia on the international stage and its February 2022 invasion of...
-
Sector Analysis
Belgium Defense Market Size, Trends, Budget Allocation, Regulations, Acquisitions, Competitive Landscape and Forecast to 2028
Belgium Defense Market Overview The Belgium defense budget is worth $7.1 billion in 2023. The country’s defense budget is expected to grow at a CAGR of more than 4% during 2024-2028. An increase in military expenditure will allow Belgium to pursue modernization projects including naval vessels and aircraft. The Army will also be able to use most of the funding to acquire new equipment including armored vehicles and artillery. Belgium Defense Market Outlook, 2023-2028 ($ Billion) Buy Full Report to...
-
Sector Analysis
China Defense Market Size, Trends, Budget Allocation, Regulations, Acquisitions, Competitive Landscape and Forecast to 2028
China Defense Market Report Overview The China defense budget is worth $230.3 billion in 2023, and, is anticipated to register a CAGR of more than 6% during 2024-2028. Territorial claims in the South China Sea and the increasing strength and assertiveness of the US have spurred the Chinese government to enhance its military capabilities. The consequent demand for defense equipment will revolve around fighter and multirole aircraft, corvettes, infrastructure construction, submarines, naval vessels, and surveillance equipment. China Defense Market Outlook,...