Global Defense Logistics Market 2024-2028

Global Defense Logistics Market 2024-2028

The defense logistics market is forecasted to grow by USD 3.95 bn during 2023-2028, accelerating at a CAGR of 2.01% during the forecast period. The report on the defense logistics market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.

The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by increasing number of military vehicles, adoption of multidimensional defense logistics, and growing military ammunition globally.

Technavio's defense logistics market is segmented as below:

By End-user

• Army
• Navy
• Airforce

By Solution

• Military infrastructure
• Military logistics services
• Military FMS

By Geographical Landscape

• North America
• Europe
• APAC
• South America
• Middle East and Africa

This study identifies the increasing collaborative logistics approach as one of the prime reasons driving the defense logistics market growth during the next few years. Also, adoption of network-centric warfare communication infrastructure and vehicle management system for defense logistics players will lead to sizable demand in the market.

The report on the defense logistics market covers the following areas:

• Defense logistics market sizing
• Defense logistics market forecast
• Defense logistics market industry analysis

The robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading defense logistics market vendors that include Amentum Services Inc., ASELSAN AS, BAE Systems Plc, CMA CGM SA Group, Crowley Maritime Corp., DB Schenker, Fluor Corp., GEODIS, Honeywell International Inc., KBR Inc., Leonardo Spa, Lockheed Martin Corp., Northrop Grumman Corp., SEKO Logistics, and Thales Group. Also, the defense logistics market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.

The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.

The publisher presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast the accurate market growth.