Defense logistics market is anticipated to grow at a considerable CAGR of 2.3% during the forecast period. According to the Internation Institute of Strategic Studies, in nominal terms, global defense spending has been on a strong upward trajectory over the last five years, increasing from a nominal $1.7 trillion in 2017 to $2.0 trillion in 2022. The growth of the market is attributed to factors such as increasing defense spending, rising geopolitical tensions, and the growing demand for efficient logistics support in military operations. Further, advancements in technology, increasing demand for armament, troop support, and maintenance services, as well as the emphasis on military infrastructure development, are some of the factors anticipated to fuel the demand for defense logistics. For instance, in July 2021, the National Defense Authorization Act, which sets annual policy for the Department of Defense (DOD), has been enacted into law for 60 consecutive years. The provisions of the bill involved secured authorizations for nearly $128 million in funding for military facilities across Michigan. The bill authorizes $23 million in Alpena aircraft and maintenance facility & new testing designation and other similar provisions.
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The global defense logistics market is segmented based on its service type, application, transportation mode, and end user. Based on service type, the market is sub-segmented into armament, military troops, technical support & maintenance, medical aid, fire-fighting protection, and others. Based on application, the market is categorized into military infrastructure, military logistics services, and military FMS. Further, based on transportation mode, the market is segmented into roadways, airways, seaways, and railways. Lastly, based on end users, the market is segmented into the army, navy, air force, and others.
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- Market Coverage
- Market number available for – 2023-2029
- Base year- 2022
- Forecast period- 2023-2029
- Segment Covered- By Source, By Product Type, By Applications
- Competitive Landscape- Archer Daniels Midland Co., Ingredion Inc., Kerry Group Plc, Cargill
- , and others
Market Segmentation
Global Global Defense Logistics Market by Service Type
- Armament
- Military Troop
- Technical Support & Maintenance
- Medical Aid
- Fire-fighting Protection
- Others
Global Global Defense Logistics Market by Application
- Military Infrastructure
- Military Logistics Services
- Military Foreign Military Sales (FMS)
Global Global Defense Logistics Market by Transportation Mode
- Roadways
- Airways
- Seaways and Railways
Global Global Defense Logistics Market by End User
- Army
- Navy
- Air Force
- Others
Regional Analysis
- North America
- United States
- Canada
- Europe
- UK
- Germany
- Italy
- Spain
- France
- Rest of Europe
- Asia-Pacific
- China
- India
- Japan
- South Korea
- Rest of Asia-Pacific
- Rest of the World
Company Profiles
- AECOM
- ANHAM FZCO
- Booz Allen Hamilton Inc.
- Crowley Maritime
- General Dynamics
- Honeywell International Inc.
- Huntington Ingalls Industries, Inc.
- Jacobs Engineering Group Inc.
- KBR, Inc.
- L3Harris Technologies, Inc.
- Leonardo S.p.A.
- Lockheed Martin Corp.
- Northrop Grumman Corp.
- PAE Incorporated
- Raytheon Technologies Corp.
- Rheinmetall AG
- Safran S.A.
- Serco Group plc
- Thales Group
The Report Covers
- Market value data analysis of 2022 and forecast to 2030.
- Annualized market revenues ($ million) for each market segment.
- Country-wise analysis of major geographical regions.
- Key companies operating in the global defense logistics market. Based on the availability of data, information related to new product launches, and relevant news is also available in the report.
- Analysis of business strategies by identifying the key market segments positioned for strong growth in the future.
- Analysis of market-entry and market expansion strategies.
- Competitive strategies by identifying ‘who-stands-where’ in the market.
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