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Sector Analysis
NewDenmark Defense Market Size, Trends, Budget Allocation, Regulations, Acquisitions, Competitive Landscape and Forecast to 2028
Denmark Defense Market - Size and trends, budget allocation, regulations, key acquisitions, competitive landscape and forecast, 2023-2028 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. The Danish defense...
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Sector Analysis
NewEstonia Defense Market Size, Trends, Budget Allocation, Regulations, Acquisitions, Competitive Landscape and Forecast to 2028
Estonia Defense Market Report Overview The Estonia defense budget is worth $1.1 billion in 2023. The country’s defense budget is anticipated to rise in steady and gradual annual increments, registering a CAGR of more than 3% during 2024-2028. The primary driver of Estonia’s large budget is the heightened risks and concerns over Russia, following the 2022 Ukraine invasion and Russia’s continued aggressive posturing. Estonia Defense Market Outlook, 2023-2028 ($ Billion) Buy the Full Report to Gain More Information about the...
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Sector Analysis
NewUnited Kingdom (UK) Defense Market Size, Trends, Budget Allocation, Regulations, Acquisitions, Competitive Landscape and Forecast to 2028
UK Defense Market Report Overview The United Kingdom (UK) defense budget is worth $62.8 billion in 2023. The country’s defense budget is anticipated to rise in steady and gradual annual increments, registering a CAGR of more than 4% during 2024-2028. Despite the challenges of COVID recovery, energy insecurity, and sustained inflation, British foreign policy retains ambitions and international commitments that make this sustained increase a likelihood as the British military redoubles deployments in Europe and elsewhere. Despite Brexit, the UK...
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Sector Analysis
NewBelgium 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...
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Sector Analysis
NewKuwait Defense Market Size, Trends, Budget Allocation, Regulations, Acquisitions, Competitive Landscape and Forecast to 2028
Kuwait Defense Market Report Overview The Kuwait defense budget is worth $6.1 billion in 2023. The country’s defense budget is expected to grow at a CAGR of more than 3% during 2024-2028 with increases in spending primarily focused on modernizing military force structure and improving readiness in response to continuing regional instability in the Gulf Area. Kuwait Defense Market Outlook, 2023-2028 ($ Billion) Buy the Full Report to Gain More Information about the Kuwait Defense Market Forecast Download a Free...
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Sector Analysis
NewNorway Defense Market Size, Trends, Budget Allocation, Regulations, Acquisitions, Competitive Landscape and Forecast to 2028
Norway Defense Market Report Overview The Norway defense budget is worth $7.6 billion in 2023. The country’s defense budget is anticipated to rise in steady and gradual annual increments growing at a CAGR of more than 4% during 2024-2028 as Norway adopts new platforms, modernizes its Home Guard force, and invests more in the overall readiness and availability rates of its armed forces. Norway is also committed to new programs for defense modernization. Norway Defense Market Outlook, 2023-2028 ($ Billion)...
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Sector Analysis
NewCanada 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...
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Sector Analysis
Switzerland Defense Market Size, Trends, Budget Allocation, Regulations, Acquisitions, Competitive Landscape and Forecast to 2028
Switzerland Defense Market Report Overview Switzerland's defense budget is estimated at $8.9 billion in 2023 and is expected to grow at a CAGR of more than 5% from 2024 to 2028. This is due to several recent modernization efforts within the Swiss military, such as the Air2030 program and the expansion of its cyber defense units. Indeed, the purchase and integration of new capabilities will drive up expenditure on acquisitions, operations and maintenance, and other ancillary costs over the forecast...
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Sector Analysis
Indonesia Defense Market Size, Trends, Budget Allocation, Regulations, Acquisitions, Competitive Landscape and Forecast to 2028
Indonesia Defense Market Report Overview The Indonesian defense budget is $8.8 billion in 2023 and is expected to grow at a CAGR of more than 2% from 2024 to 2028. The increase in budget is primarily driven by the need to upgrade the country's existing arsenal of armed forces, its participation in peacekeeping missions, and its territorial dispute with neighboring regions. Indonesia Defense Market Outlook, 2023-2028 ($ Billion) Buy Full Report to Gain More Information about the Indonesia Defense Market...
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Sector Analysis
Malaysia Defense Market Size, Trends, Budget Allocation, Regulations, Acquisitions, Competitive Landscape and Forecast to 2028
Malaysia Defense Market Report Overview The Malaysia defense budget is worth $4 billion in 2023. The country’s defense budget is expected to grow at a CAGR of more than 8% from 2024 to 2028. The Malaysian defense budget is driven by efforts to modernize its armed forces, its participation in peacekeeping programs, and ongoing territorial disputes with neighboring countries. Malaysia Defense Market Outlook, 2023-2028 ($ Billion) Buy Full Report to Gain More Information about the Malaysia Defense Market Forecast Download...