Switzerland Defense Market Size and Trends, Budget Allocation, Regulations, Key Acquisitions, Competitive Landscape and Forecast, 2022-2027
Summary
Switzerland Defense Market - Size and trends, budget allocation, regulations, key acquisitions, competitive landscape and forecast, 2022-2027 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.
Switzerland’s defense budget is forecast to grow from $9.4 billion in 2022 to $10.3 billion by 2027. This trend reflects the relatively steady growth of the Swiss defense budget during the last five years, as Air2030 and other large modernization programs continue to edge the budget ever higher. Nonetheless, the budget’s annual growth rate is likely to slow over the coming years, with current forecasts estimating a CAGR of 3.4% between 2023 and 2027, compared to a CAGR of 5.9% between 2018 and 2022.
This report offers detailed analysis of the Swiss defense market with market size forecasts covering the next five years. This report will also analyze factors that influence demand for the industry, key market trends, and challenges faced by industry participants.
Key Highlights
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