Tag: Market Reports

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

The Military Balance 2013 IISS assess the state of the Syrian Army, decimated through almost two years of civil war in Syria. The report claims the regime could only be certain of the loyalty of the mainly Alawite Special Forces, the Republican Guard, and the elite 3rd and 4th Divisions – perhaps 50,000 troops in total.

The World Military Balance 2013 published by the International Institute of Strategic Studies (IISS) reflects the recent trends in the global redistribution of military power. Reflecting the subdued global economic climate, total defence spending fell in real terms in 2012 for a second year running. However, real increases were seen in the Middle East and North Africa, Russia and Eurasia, Latin America and in Asia, while real declines were seen in North America and Europe.

The People’s Republic of China (PRC) has announced plans to increase defense spending in 2013 by 10.7 percent, to $115.7 billion. Actual spending is believed by some to be as much as 50 percent higher than the numbers publicly announced - amounting to about a third of the annual US defense budget.

The new issue of Asia pacific Defense Update is here! This digest of 26 articles highlighting recent defense news events from the region is based on the full version (premium content) from Defense Update and other sources, brought to you in a concise, pdf edition you can store on your desktop, read on tablets and smartphones.

Despite the slowdown in demand in western armies, the international market for light tracked vehicles remains a highly competitive and dynamic environment; in upcoming years the market is expected to produce nearly 9,300 units, worth more than $19.7 billion, through 2021

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 military submarine market is expected to continue growing in a modest pace through the second decade of the 21st century, as naval forces are inducting modern, more capable submarines, designed for extended operational missions at sea.

The global UAV market is expected to increase at a Combined Annual Growth Rate (CAGR) of 4.08% in the ten-year period between 2011 and 2012. While the demand for advanced technology UAVs is forecast to be on the rise, particularly for MALE UAVs, the global economic pressure and high R&D costs are driving JVs and consolidation in the developed markets, while low reliability and high accident rate limit the use of UAS mainly to combat roles.

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.

The US military spending as a percentage of GDP is expected to decline to an average of 4.0% over the next five years (2012-2016), down from 4.6% during the past five years (2007-2011), due to government efforts reduce its fiscal deficit from the 2010 value

Defense expenditure in Norway is expected to drop in Norway, representing only 2.51% real growth in the next four years (2012-2016). The main growth areas are international peacekeeping mission support, border security and defense and homeland defense.

Other European Defense Updates: Austria | Belgium | Bulgaria | Croatia | Czech Republic | Denmark | Estonia | Finland | France | Germany | Greece | Hungary | Ireland | Italy | Latvia | Lithuania | Netherlands | NATO | Norway | Poland | Portugal | Romania | Serbia | Slovenia | Spain |  Sweden | Switzerland.  For an insight into each of the countries, click on the country name for a detailed report listing...

Other European Defense Updates: Austria | Belgium | Bulgaria | Croatia | Czech Republic | Denmark | Estonia | Finland | France | Germany | Hungary | Ireland | Italy | Latvia | Lithuania | Netherlands | NATO | Norway | Poland | Portugal | Romania | Serbia | Slovenia | Spain |  Sweden | Switzerland. For an insight into each of the countries, click on the country name for a detailed report...