Submitted by: Submitted by richa21
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Words: 2581
Pages: 11
Category: Business and Industry
Date Submitted: 10/28/2014 09:53 PM
Future of the Omani Defense Industry - Market Attractiveness, Competitive Landscape and Forecasts to 2019
Released On 29th October 2014
Summary
The Future of the Omani Defense Industry - Market Attractiveness, Competitive Landscape and Forecasts to 2019, provides readers with a detailed analysis of both historic and forecast defense industry values, factors influencing demand, the challenges faced by industry participants, analysis of industry leading companies, and key news.
Key Findings
Over the historic period, Omans defense expenditure registered a growth rate of 22.99%,increasing from US$4.2 billion in 2010 to US$9.6 billion in 2014
Omans military expenditure, valued at US$9.6billion in 2014, is expected to increase to US$12.6 billion by 2019, registering a CAGR of 5.60% over the forecast period
Omani military expenditure will be driven by the countrys investment in building its defense capabilities and military modernization efforts
The Defense Ministry is expected to procure fighters and multi-role aircraft, surface-to-air missile systems, and corvettes
Browse Full Report @http://www.jsbmarketresearch.com/defense/r-future-of-the-omani-defense-industry-market-attractiveness-competitive-landscape-102530
Synopsis
This report offers detailed analysis of the Omani 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:
Oman defense industry market size and drivers: detailed analysis of the Omani defense industry during 2015-2019, including highlights of the demand drivers and growth stimulators for the industry. It also provides a snapshot of the countrys expenditure and modernization patterns
Budget allocation and key challenges: insights into procurement schedules formulated within the country...