Market Research Report G8 Defense Spending Industry Market Report 2017
Group of Eight (G8) Defense Spending Industry
Trends and Market Report 2017
Market Research Hub (MRH) has recently announced the addition of a fresh report,
titled “Defense Spending Global Group of Eight (G8) Industry Guide-2017” to its
report offerings. The G8 Defense Spending industry profile provides top-line
qualitative and quantitative summary information including: market size (value and
volume 2012-16, and forecast to 2021). The profile also contains descriptions of the
leading players including key financial metrics and analysis of competitive pressures
within the market.
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Essential resource for top-line data and analysis covering the G8 defense spending
market. Includes market size and segmentation data, textual and graphical analysis
of market growth trends and leading companies.
- The G8 countries contributed $909.0 billion in 2016 to the global defense spending
industry, with a compound annual growth rate (CAGR) of -1.3% between 2012 and
2016. The G8 countries are expected to reach a value of $983.0 billion in 2021, with
a CAGR of 1.6% over the 2016-21 period.
- Among the G8 nations, the US is the leading country in the defense spending
industry, with market revenues of $617.6 billion in 2016. This was followed by
Russia and the UK, with a value of $65.7 and $58.3 billion, respectively.
- The US is expected to lead the defense spending industry in the G8 nations with a
value of $638.0 billion in 2016, followed by Russia and the UK with expected values
of $99.0 and $71.1 billion, respectively.