Latest News- Defense Market in US: Manual defense equipment is expected to lead the Type segment during 2025-2029

The Defense Market in US is being driven by Increase in demand for unmanned aerial vehicles in US

The Defense Market in US is expected to grow at a CAGR of 4.6% during 2024 and 2029. During this period, the market is also expected to show a growth of USD 188 billion. The defense market in the US is propelled by technological innovation, with significant contributions from government investment and industry collaboration. Aerospace companies in the United States are at the forefront of this trend, focusing on the development of fuel-efficient, low-emission aircraft designs that prioritize aerodynamic enhancement and increased performance. Advanced sensor systems and autonomous technologies are also driving demand, enabling more efficient completion of defense missions. Innovative solutions, including additive manufacturing, energy-efficient propulsion systems, and advanced sensor technologies, are addressing evolving customer needs and emerging defense challenges. These advancements are crucial for maintaining a competitive edge in the global defense industry. 

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Which Factors Are Causing a Surge in Market Growth?

The market is segmented based on

• Type
  • Manual defense equipment
  • Autonomous defense equipment
• Platform
  • Airborne
  • Land
  • Naval
• End-user
  • Military
  • Government agencies
  • Defense contractors
• Geography
  • US

According to Technavio, There are several factors that are causing the market to flourish during the forecast period, which are as follows: 

• Increase in demand for unmanned aerial vehicles in US
• Rise in investment for robust cybersecurity infrastructure in US defense sector
• Growing investments in defense modernization in US

However, the market also witnesses some limitations, which are as follows:

• Shortage of skilled labor in defense industry in US
• Budget constraints in US defense sector
• Stringent regulatory standards in defense industry in US

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Market Scope in Defense Market in US Research Report

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Research Analysis Overview

The Defense Market in the US encompasses various sectors including ballistic missile defense, space situational awareness, hypersonic weapons, and directed energy weapons. Other areas of focus are unmanned aerial vehicles, cyber warfare, information warfare, psychological operations, military intelligence, signals intelligence, human intelligence, image intelligence, open-source intelligence, military logistics, supply chain management, military training, combat readiness, force structure, military doctrine, joint operations, multi-domain operations, security assistance, military aid, defense reform, military policy, security policy, strategic partnerships, defense agreements, and military alliances.

Market Research Overview

The global aerospace and defense industry encompasses various sectors, including military equipment, defense systems, weapons systems, aerospace, defense electronics, military vehicles, combat aircraft, naval vessels, and related maintenance, repair, and overhaul (MRO) activities. This market involves companies producing products for commercial and general aviation, as well as defense applications across naval, land, and air domains. Additionally, it covers arms and ammunition, defense logistics equipment, and space platforms, equipment, and launch vehicles. According to Technavio, the global capital goods market size is determined by the combined revenue generated by manufacturers and providers for industries such as aerospace and defense, building, construction and engineering, electrical equipment, industrial conglomerates, machinery, trading companies, and distributors.. Industries are leveraging the products belonging to the market for customer engagement, transactional notifications, and promotional offers.

Technavio Research
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