DUBLIN–(BUSINESS WIRE)–The “Australia Defense Market – Size and trends, budget allocation, regulations, key acquisitions, competitive landscape and forecast, 2025-2030” report has been added to ResearchAndMarkets.com’s offering.
The report provides the market size forecast and the projected growth rate for the next five years. The report covers industry analysis including the key market drivers, emerging technology trends, and major challenges faced by market participants. It also offers insights regarding key factors and government programs that are expected to influence the demand for military platforms over the forecast period.
In 2025, the Australian government allocated $42.9 billion to its total defense budget, recording a CAGR of 3.8% during 2021-25. The Australian government provides their own forecasted budget till 2028 in their budget document. The country’s defense budget is expected to grow at a CAGR of 5.9% over the forecast period, to reach $56.2 billion in 2030.
The increase in defense spending will be driven by increasing acquisition and RDT&E programs. The acquisition budget for 2026 is $11 billion and expected to reach $16.6 billion by 2030, growing at a CAGR 10.9% over the forecast period of 2026-30. During the historic period (2021-25), Australia spent $197.3 billion in total, whereas over the forecast period (2026-30) it is expected to spend $255.7 billion in total. The acquisition budget is primarily expected to increase to $16.6 billion due to the procurement of aircraft, submarines, naval vessels and missiles.
Key Highlights
- Drivers of Defense expenditure include redefined strategic priorities, acquiring new capabilities for the Australian defense force.
- Major ongoing procurement program include procurement of SSN-AUKUS, Hunter-class (SEA 5000), C-130J
Scope
- Defense Budget Assessment: This chapter covers the defense budgeting process, market size forecasts, drivers of expenditure, and allocation analysis. It also examines key market trends and insights.
- Military Doctrine and Security Environment: Detailed analysis of military doctrine, strategic alliances, geopolitical dynamics, and the political, social, and economic factors influencing the security environment.
- Market Entry Strategy and Regulations: This section elaborates on essential aspects of procurement policy and market regulations, market entry routes, key defense procurement bodies and major deals.
- Market attractiveness and emerging opportunities: It evaluates the attractiveness of various defense sectors, indicating cumulative market value, and highlights the top sectors and defense segments by value in the country.
- Defense Platforms Import and Export Dynamics: Provides an understanding of the defense platform imports and exports of the country from 2016 to 2023. Both imports and exports of the country are provided in terms of value ($M) and volume (units), categorized by country and sector.
- Defense Platform Acquisitions: It offers an overview of defense platform acquisitions by value. It lists current defense procurement schedules for the major ongoing and planned military platforms that have been formulated in the country and elaborates on the reasons leading to the procurement of the same.
- Fleet Size: Outlines the current fleet sizes of the Army, Air Force, and Navy, detailing the year of acquisition, units in service, and the prime contractor for the equipment.
- Competitive Landscape: Profiles the main defense companies operating in the country, offering insights into their business overviews, latest contracts, and financial results.
Key Topics Covered:
- Executive Summary
- Defense Budget Assessment
- Budgeting Process
- Defense Market Size Historic And Forecast
- Drivers Of Defense Expenditure
- Analysis of Defense Expenditure Allocation
- Analysis Of Defense Budget Allocation
- Military Doctrine And Security Environment
- Military Doctrine And Strategy
- Strategic Alliances and Geopolitics
- Political, Social and Economic Scenario
- Market Entry Strategy And Regulations
- Defense Procurement Bodies
- Trade Associations and Defense Clusters
- Procurement Policy and Market Regulations
- Market Entry Routes
- Key Challenges
- Major Deals and M&A
- Market Attractiveness And Emerging Opportunities
- Market Attractiveness By Defense Sector
- Top Sectors in the Australia Defense Market
- Top Defense Segments By Value
- Defense Platforms Import and Export Dynamics
- Defense Platforms Import Dynamics
- Defense Platforms Export Dynamics
- Defense Platform Acquisitions
- Defense Platform Acquisitions By Value
- SSN-AUKUS
- Virginia-class
- Hunter-class (SEA 5000)
- C-130J
- K21 (AS21 Redback) – Land 400 Phase 3 IFV
- General Purpose Frigate
- Air Warfare Destroyers
- AH-64E Apache
- Fleet Size
- Army
- Air Force
- Navy
- Competitive Landscape
- Defense Companies Operating In Australia
- Appendix
For more information about this report visit https://www.researchandmarkets.com/r/esc489
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