Tag: market report

Brazil is expected to spend US$20.83 billion on arms procurements in the next five years.

Market research company ICD predicts the global market for armored and counter IED vehicles which was valued at US$25.1 billion in 2011 will decline...

The Japanese defense budget is the fifth-largest in the world. Tokyo is rated among the top military spenders in Asia, along with China and India. Japan's defense spending recorded a CAGR of 10.04% in the years 2007-2011. Japan has capped its defense budget at 1% of GDP, and is expected to continue to do so over the forecast period.

Despite massive cuts in defense procurement North America is expected to account for the largest share of the global military aircraft market sharing 42.9%...

The Indian defense market offers numerous market opportunities to both domestic and foreign manufacturers. As one of the largest defense equipment markets in the world, the country is expected to spend considerably on its military over the forecast period. Due to India’s ageing military systems, the country needs to modernize its equipment, which will lead to an increase in capital expenditure for procuring new defense equipment. The country is also forecast to spend a significant amount of money on homeland security, intelligence and cyber security

Opportunities and Entry Strategies 2011-2016 The Vietnamese defense industry is expected to undergo a period of investment with a considerable increase of expenditure from 2011–2015...

While the global defense market continues to expand, Europe stands as an exception, with defense spending a declining priority throughout most of the continent's...