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Category: Business and Industry
Date Submitted: 12/23/2014 03:12 AM
Most up-to-date research on "Future of the Kuwaiti Defense Industry - Market Attractiveness, Competitive Landscape and Forecasts to 2019" to its huge collection of research reports.
The Future of the Kuwaiti 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 defense industry values, factors influencing demand, the challenges faced by industry participants, analysis of industry leading companies, and key news.
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Key Findings
Over the historic period, Kuwait’s defense expenditure registered a growth rate of -0.56%, decreasing from US$4.7 billion in 2010 to US$4.6 billion in 2014
Kuwait’s military expenditure, valued at US$4.6 billion in 2014, is expected to increase to US$5 billion by 2019, registering a CAGR of 1.02% over the forecast period
Kuwaiti military expenditure will be driven by the country’s relationship with Iraq, and military modernization programs ably supported by additional revenue created by a rise in petroleum prices
The Defense Ministry is expected to procure missile defense systems, aircraft, and naval vessels
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Synopsis
This report offers detailed analysis of the Kuwaiti 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:
Kuwaiti defense industry market size and drivers: detailed analysis of the Kuwaiti defense industry during 2015–2019, including highlights of the...