Defense Spending Global Group of Eight (G8) Industry Guide 2015-2024


The G8 Defense Spending industry profile provides top-line qualitative and quantitative summary information including: market share, market size (value and volume 2015-19, and forecast to 2024). The profile also contains descriptions of the leading players including key financial metrics and analysis of competitive pressures within the market.

Key Highlights

  • The G8 countries contributed $1,041,840.0 million in 2019 to the global defense spending industry, with a compound annual growth rate (CAGR) of 3.4% between 2015 and 2019. The G8 countries are expected to reach a value of $1,090,591.1 million in 2024, with a CAGR of 0.9% over the 2019-24 period.
  • Among the G8 nations, the US is the leading country in the defense spending industry, with market revenues of $731,751.4 million in 2019. This was followed by Russia and France, with a value of $65,093.7 and $50,136.8 million, respectively.
  • The US is expected to lead the defense spending industry in the G8 nations with a value of $747,901.4 million in 2016, followed by Russia and Germany with expected values of $73,095.2 and $65,561.7 million, respectively.


  • Save time carrying out entry-level research by identifying the size, growth, major segments, and leading players in the G8 defense spending market
  • Use the Five Forces analysis to determine the competitive intensity and therefore attractiveness of the G8 defense spending market
  • Leading company profiles reveal details of key defense spending market players’ G8 operations and financial performance
  • Add weight to presentations and pitches by understanding the future growth prospects of the G8 defense spending market with five year forecasts by both value and volume
  • Compares data from the US, Canada, Germany, France, UK, Italy, Russia and Japan, alongside individual chapters on each country

Reasons To Buy

  • What was the size of the G8 defense spending market by value in 2019?
  • What will be the size of the G8 defense spending market in 2024?
  • What factors are affecting the strength of competition in the G8 defense spending market?
  • How has the market performed over the last five years?
  • Who are the top competitors in the G8 defense spending market?