Global Medium and Heavy Weapons Industry Research Report Growth Trends and Competitive Analysis 2022-2028
Due to the COVID-19 pandemic, the global Medium and Heavy Weapons market size was US$ 673,170 million in 2021 and is forecast to a readjusted size of US$ 928,832 million by 2028 with a CAGR of 4.45% during the forecast period 2022-2028. Fully considering the economic change by this health crisis, Heavy Weapons accounting for 97.21% of the Medium and Heavy Weapons global market in 2021, is projected to value US$ 904,258 million by 2028, growing at a revised 4.48% CAGR from 2022 to 2028. While Defense segment is altered to an 4.67% CAGR throughout this forecast period.
The global key manufacturers of Medium and Heavy Weapons include Lockheed Martin, Raytheon Technologies, Boeing, Northrop Grumman, General Dynamics, BAE Systems, NORINCO Group, L3Harris Technologies, and Airbus, etc. In 2021, the global top five players hold a share approximately 28.45% in terms of revenue.
The United States Medium and Heavy Weapons market size was US$ 241,869 million in 2021, while China size was US$ 68,224 million. The proportion of the United States was 35.93% in 2021, while China percentage was 10.13%, and it is predicted that China share will reach 11.72% in 2028, trailing a CAGR of 6.93% through the analysis period. As for the Europe Medium and Heavy Weapons landscape, Germany is projected to reach US$ 25,516 million by 2028. and in Asia, the notable markets are Japan and South Korea, CAGR is 2.86% and 6.15% respectively for the next 6-year period.
The market research report offered here is a very useful resource that can help manufacturers, stakeholders, decision-makers, and other market participants to become familiar with every factor impacting the growth of the global Medium and Heavy Weapons market. The analysts authoring the report have closely studied key strategies adopted by top players of the global Medium and Heavy Weapons market. The report includes SWOT, and other market analyses to provide a clear and deep understanding of important aspects of the global Medium and Heavy Weapons market. Readers of the report can become informed about current and future trends of the global Medium and Heavy Weapons market and how they will impact market growth during the forecast period.
By Company
Lockheed Martin
Raytheon Technologies
Boeing
Northrop Grumman
General Dynamics
BAE Systems
NORINCO Group
L3Harris Technologies
Airbus
Leonardo
Thales
Almaz-Antey
Rheinmetall
Elbit Systems
Saab
Indian Ordnance Factories
Segment by Type
Medium Weapons
Heavy Weapons
Segment by Application
Defense
Homeland Security
By Region
North America
United States
Canada
Mexico
Asia-Pacific
China
Japan
South Korea
India
Australia
Southeast Asia
Others
Europe
Germany
France
U.K.
Italy
Russia
Others
South America
Brazil
Argentina
Others
Middle East & Africa
Turkey
Saudi Arabia
Israel
Others
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