Russia Defense Market Size & Share Analysis - Growth Trends & Forecasts (2025 - 2030)

The Russia Defense Market is Segmented by Armed Forces (Army, Navy, and Air Force) and Type (Fixed-wing Aircraft, Rotorcraft, Ground Vehicles, Naval Vessels, C4ISR, Weapons and Ammunition, Protection and Training Equipment, and Unmanned Systems). The report offers market size and forecast for all the above segments in terms of value (USD Billion).

Russia Defense Market Size & Share Analysis - Growth Trends & Forecasts (2025 - 2030)

Russia Defense Market Size

Russia Defense Market Summary
Study Period 2019 - 2030
Base Year For Estimation 2024
Forecast Data Period 2025 - 2030
Historical Data Period 2019 - 2023
CAGR 4.10 %
Market Concentration High

Major Players

Russia Defense Market Major Players

*Disclaimer: Major Players sorted in no particular order

Compare market size and growth of Russia Defense Market with other markets in Aerospace & Defense Industry

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Russia Defense Market Analysis

The Russia Defense Market is expected to register a CAGR of 4.1% during the forecast period.

The COVID-19 pandemic's impact on the Russian economy was relatively low due to the country's defense spending. Russia is currently engaged in three active wars with neighboring countries: the Russo-Ukrainian War, the Russian military intervention in the Syrian Civil War, and the Central African Republic Civil War. Additionally, economic sanctions hit Russia over its annexation of Crimea from Ukraine and its ongoing invasion of the country.

Russia is the fifth largest country that spends highly on defense. The defense industry of Russia is a strategically important sector and creates high employment. It is also a significant player in the global arms market. According to the Stockholm International Peace Research Institute (SIPRI), Russia is the second largest conventional arms exporter after the United States, with USD 14.6 billion worth of exports in FY 2021. The Russian government revised its defense budget in September 2022. The country is expected to spend 4.7 trillion rubles (USD 77.7 billion) due to the ongoing war with Ukraine. The war depleted the country's inventory of arms, ammunition, and combat vehicles, leading to the country losing the stockpile of weapons and consequently needing to invest significantly into developing and manufacturing new weapons. The current geopolitical and economic crises resulting from the war are expected to drive a significant increase in demand for defense manufacturers and suppliers in the market during the forecast period.

Russia Defense Industry Overview

The Russian defense market is moderately consolidated. Almaz-Antey, United Aircraft Corporation, Tactical Missiles Corporation, Russian Helicopters, Uralvagonzavod, and United Shipbuilding Corporation are significant players in the market. The majority of the market is catered to by government-owned companies, owing to which the market is heavily consolidated and multiple companies are on a constant cycle of technological developments. For instance, in June 2021, Russia's state-owned Almaz-Antey Concern unveiled its latest range of shipborne air-defense systems at the International Maritime Defence Show 2021 (IMDS 2021), held in Saint Petersburg, Russia.

Russia Defense Market Leaders

  1. United Shipbuilding Corporation

  2. Almaz Antey Corporation

  3. United Aircraft Corporation

  4. Russian Helicopters

  5. Tactical Missile Corporation

  6. *Disclaimer: Major Players sorted in no particular order
Russia Defense Market Concentration
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Russia Defense Market News

  • In August 2022, Russia's Tactical Missile Corporation displayed a new stealth cruise missile, the Kh-69, at the Army-2022 exhibition near Moscow.
  • In May 2022, Uralvagonzavod, part of the UVZ concern of the Rostec State Corporation, a solemn dispatch of a train of T-90M "Proryv" tanks to the Ministry of Defense of the Russian Federation.

Russia Defense Market Report - Table of Contents

1. INTRODUCTION

  • 1.1 Study Assumptions
  • 1.2 Scope of the Study

2. RESEARCH METHODOLOGY

3. EXECUTIVE SUMMARY

4. MARKET DYNAMICS

  • 4.1 Market Overview
  • 4.2 Market Drivers
  • 4.3 Market Restraints
  • 4.4 Porter's Five Forces Analysis
    • 4.4.1 Threat of New Entrants
    • 4.4.2 Bargaining Power of Buyers/Consumers
    • 4.4.3 Bargaining Power of Suppliers
    • 4.4.4 Threat of Substitute Products
    • 4.4.5 Intensity of Competitive Rivalry

5. MARKET SEGMENTATION

  • 5.1 By Armed Forces
    • 5.1.1 Army
    • 5.1.2 Navy
    • 5.1.3 Air Force
  • 5.2 By Type
    • 5.2.1 Fixed Wing
    • 5.2.2 Rotorcraft
    • 5.2.3 Ground Vehicles
    • 5.2.4 Naval Vessels
    • 5.2.5 C4ISR
    • 5.2.6 Weapons and Ammunition
    • 5.2.7 Protection and Training Equipment
    • 5.2.8 Unmanned Systems

6. COMPETITIVE LANDSCAPE

  • 6.1 Vendor Market Share**
  • 6.2 Company Profiles*
    • 6.2.1 Almaz-Antey
    • 6.2.2 United Aircraft Corporation
    • 6.2.3 Tactical Missiles Corporation
    • 6.2.4 Russian Helicopters
    • 6.2.5 Uralvagonzavod
    • 6.2.6 United Shipbuilding Corporation
    • 6.2.7 Kalashnikov Concern JSC

7. MARKET OPPORTUNITIES AND FUTURE TRENDS

**Subject to Availability
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Russia Defense Industry Segmentation

The Russian defense market is segmented by armed forces (army, navy, and air force) and type (fixed-wing aircraft, rotorcraft, ground vehicles, naval vessels, C4ISR, weapons and ammunition, protection and training equipment, and unmanned systems). The report offers market size and forecast for all the above segments in terms of value (USD billion).

By Armed Forces Army
Navy
Air Force
By Type Fixed Wing
Rotorcraft
Ground Vehicles
Naval Vessels
C4ISR
Weapons and Ammunition
Protection and Training Equipment
Unmanned Systems
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Russia Defense Market Research FAQs

What is the current Russia Defense Market size?

The Russia Defense Market is projected to register a CAGR of 4.1% during the forecast period (2025-2030)

Who are the key players in Russia Defense Market?

United Shipbuilding Corporation, Almaz Antey Corporation, United Aircraft Corporation, Russian Helicopters and Tactical Missile Corporation are the major companies operating in the Russia Defense Market.

What years does this Russia Defense Market cover?

The report covers the Russia Defense Market historical market size for years: 2019, 2020, 2021, 2022, 2023 and 2024. The report also forecasts the Russia Defense Market size for years: 2025, 2026, 2027, 2028, 2029 and 2030.

Russia Defense Industry Report

Statistics for the 2025 Russia Defense market share, size and revenue growth rate, created by Mordor Intelligence™ Industry Reports. Russia Defense analysis includes a market forecast outlook for 2025 to 2030 and historical overview. Get a sample of this industry analysis as a free report PDF download.