Military Platforms Market worth $77.08 billion by 2030 - Exclusive Report by MarketsandMarkets
DELRAY BEACH, Fla., Nov. 6, 2024 /PRNewswire/ -- The global military platforms market is projected to reach USD 77.08 billion by 2030, from USD 51.87 billion in 2024, at a CAGR of 6.8% according to a new report by MarketsandMarkets. This growth is mainly driven by escalating geopolitical tensions, increasing defense budgets, and rapid advancements in the military industries especially in air, sea, and land platforms. As countries continue to enhance their militaries around the world, particularly in air defense systems, naval modernization, and upgradations of armored vehicles, demand for advanced military platforms will sharply increase.
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Browse in-depth TOC on "Military Platforms Market" 350 – Tables
110 – Figures
400 – Pages
Military Platforms Market Report Scope:
Report Coverage |
Details |
Market Revenue in 2024 |
$ 51.87 billion |
Estimated Value by 2030 |
$ 77.08 billion |
Growth Rate |
Poised to grow at a CAGR of 6.8% |
Market Size Available for |
2020–2030 |
Forecast Period |
2024–2030 |
Forecast Units |
Value (USD Million/Billion) |
Report Coverage |
Revenue Forecast, Competitive Landscape, Growth Factors, and Trends |
Segments Covered |
By platform type, end-user, technology and Region |
Geographies Covered |
North America, Europe, Asia Pacific, and Rest of World |