Summary
Global spending on
artillery and systems is expected to register a CAGR of 3.64% over the forecast
period, primarily due to the procurement anticipated by major defense spending
countries that are currently involved in conflicts, and emerging economies involved
in territorial disputes and countering insurgencies. In addition, the need to
maintain a sufficient inventory of second line of fire artillery systems for
militaries worldwide and the increasing demand for training systems is also
anticipated to have a positive impact on demand. Furthermore, modernization
initiatives are focusing on the upgrade of existing firearms and the induction
of new advanced models are also expected to encourage spending.
Key Findings
- The global artilleries and systems market is
expected to be worth US$3.6 billion in 2015 and is expected increase to
US$5.2 billion by 2025.
- The Asia Pacific region is estimated to
account for the largest share of 56% in the global
artillery and systems market, with the region accounting
for a cumulative spending of US$30.2 billion over the forecast period. The
region will be followed by North America and Europe, with respective
spending of US$9.9 billion and US$8.9 billion during 2015-2025
- In terms of segments, self-propelled
artillery, towed artillery and other artillery systems are expected to be
the top three segments in the global artillery systems market over the
forecast period: the self-propelled artillery segment is expected to
account for 51% of the total market, the towed artillery segment is
estimated to comprise 35%, the other artillery systems segment will
represent 8% and the mortar systems segment is estimated to account for 6%
of the market
Synopsis
The Global
Artilleries and Systems Market 2015-2025 report offers a detailed analysis of
the industry with market size forecasts covering the next ten years. This
report will also analyze factors that influence demand for artillery systems,
key market trends, and challenges faced by industry participants.
In particular, it
provides an in-depth analysis of the following:
- Market size and drivers: detailed analysis
during 2015-2025, including highlights of the demand drivers and growth
stimulators. It also provides a snapshot of the spending and modernization
patterns of different regions around the world
- Recent developments and industry challenges:
insights into technological developments and a detailed analysis of the
changing preferences of artillery system segments around the world. It
also provides trends of the changing industry structure and the challenges
faced by industry participants
- SWOT analysis: a study of the industry
characteristics by determining the strengths, weaknesses, opportunities,
and threats
- Regional highlights: study of the key markets
in each region, providing an analysis of the key segments of the market
that are expected to be in demand
- Major programs: details of the key programs in
each segment, which are expected to be executed during 2015-2025
- Competitive landscape and strategic insights:
analysis of the competitive landscape of the global market. It provides an
overview of key players, together with information regarding key
alliances, strategic initiatives, and financial analysis
Request Here To Get Sample of This Report at http://www.reportsnreports.com/contacts/RequestSample.aspx?name=433601
Reasons To Buy
§ Determine prospective
investment areas based on a detailed trend analysis of the global artilleries
and systems market over the next ten years
§ Gain in-depth
understanding about the underlying factors driving demand for different
artillery system segments in the top spending countries across the world and
identify the opportunities offered by each of them
§ Strengthen your
understanding of the market in terms of demand drivers, SWOT, industry trends,
and the latest technological developments, among others
§ Identify the major
channels that are driving the global market, providing a clear picture about
future opportunities that can be tapped, resulting in revenue expansion
§ Channelize resources
by focusing on the ongoing programs that are being undertaken by the internal
ministries of different countries within the artilleries and systems market
§ Make correct business
decisions based on thorough analysis of the total competitive landscape of the
sector with detailed profiles of the top artilleries and systems providers
around the world which include information about their products, alliances,
recent contract wins and financial analysis wherever available
Companies Mentioned
§ Elbit Systems
§ Lockheed Martin
§ BAE Systems
§ Nexter Systems
§ NORINCO
§ Avibras
§ Samsung Techwin
Order
a Copy of This Report at http://www.reportsnreports.com/Purchase.aspx?name=433601
(This is Premium Report)