Jsb Market Research : Future of the Venezuelan Defense Industry - Market Attractiveness, Competitive Landscape and Forecasts to 2019

Future of the Venezuelan Defense Industry Market Attractiveness, Competitive Landscape and Forecasts to 2019

Released On 22nd September 2014

Summary

The Future of the Venezuela Defense Industry – Market Attractiveness, Competitive Landscape and Forecasts to 2019 published by Strategic Defence Intelligence, provides readers with detailed analysis of both historic and forecast Venezuela Defense industry values, factors influencing demand, the challenges faced by industry participants, analysis of industry leading companies, and key news.

Key Findings

With a defense budget of US$5.8 billion in 2014, Venezuela is currently the largest arms importer in Latin American and occupies nearly one-third of defense imports of military goods in the region.

This burgeoning defense expenditure can be attributed to the modernization of the armed forces, re-armament program, border disputes, and development of indigenous military sector

Key opportunities for equipment suppliers are expected in areas such as multi-role aircraft, naval vessels, missile systems, surveillance systems, and UAVs

The defense budget as a percentage of GDP is expected to increase at an average of 1.91% over the forecast period from an average of 1.17% in the historic period

Venezuelan homeland security (HLS) expenditure stands at US$15.0 billion in 2014 and is expected to grow at a CAGR of 6.70% over the forecast period, to reach US$19.5 billion in 2019

Browse Full Report  @ http://www.jsbmarketresearch.com/defense/r-future-of-the-venezuelan-defense-industry-market-attractiveness-competitive-landscape-126057

Synopsis

This report offers detailed analysis of the Venezuelan defense industry with market size forecasts covering the next five years. This report will also analyze factors that influence demand for the industry, key market trends, and challenges faced by industry participants. In particular, it provides an in-depth analysis of the following:

Venezuela defense industry...