The survey (available only in Italian version) analyzes the annual financial statements of more than 240 global industrial multinationals, broken down by segment. The companies posted aggregate revenues of €12,300bn in 2022, and at the year-end reflected an aggregate market capitalization of €22,300bn, equivalent to 23% of the overall value of the world’s stock markets. The survey also contains a focus on the world’s thirty largest defence industry groups with individual revenues of over €1.5bn, fifteen of which are based in the United States, ten in Europe, and five in Asia.