Europe Defense Logistics Market Market Size (2024 - 2029)

Europe Defense Logistics Market Analysis

The Europe Defense Logistics Market size is estimated at USD 29.27 billion in 2024, and is expected to reach USD 37.12 billion by 2029, growing at a CAGR of 4.87% during the forecast period (2024-2029).

• Since national security comes first, practically, they continued with all military procurement, maintenance, and logistics even while the world battled the COVID-19 outbreak. Additionally, the nationwide lockdown and supply chain irregularities are causing the logistics provider to experience a cash crisis.
• Businesses located in or dependent on supply chain operations from countries that were severely affected by the epidemic were the first victims of the disease. Technology companies put a greater emphasis on high-demand inventions and developed innovative methods of supporting their customers. However, the use of cooperative strategies by various military and logistic service providers to address supply chain-related problems helped to resolve the issue.
• In order to address the deteriorating security environment following Russia's aggression against Ukraine and to strengthen the EU's ability to protect its citizens and infrastructure, the Commission and the High Representative presented an Action Plan on Military Mobility 2.0 and a Joint Communication on an EU cyber defense policy.
• The Action Plan on Military Mobility will allow European military forces, in particular, to respond to crises that break out at the EU's external borders and elsewhere better, faster, and at a sufficient scale. It will improve the EU's capacity to assist Member States and allies with the transportation of troops and their supplies. It streamlines regulatory concerns while aiming for more connected and secure infrastructure. It will advance connection and communication with important partners and strengthen collaboration with NATO.

Europe Defense Logistics Industry Segmentation

Europe Defense logistics Market are essential elements for the functioning of the armed forces as they facilitate the timely delivery and supply of essential materials such as ration, equipment, arms, and ammunition to the military bases for sustained operation. The various Defense Logistics service providers are considered under the purview of the report to depict a holistic overview. The report also takes into account the various research and development (R&D) initiatives undertaken by the defense forces and associated supply chain players. It is to enhance the degree of responsiveness and visibility of in-transit items in the military logistics sector.

Europe Defense Logistics Market is segmented by service type (armament, military troops, technical support maintenance, medical aid, fire fighting protection, and others), transportation mode (roadways, airways, seaways, and railways), and end-user (army, navy, air force, and others). The report offers Europe Defense Logistics Market size and forecasts in values (USD) for all the above segments.