[232 Pages Report] Defense Budget Analysis Market research report for Aerospace and Defense Industry categorizes global market by by Expenditure (Operational, Capital), Platform [Land (Missile Defense Program), Airborne (UAV Program), Naval (Destroyer program)], Capital Expenditure (Procurement, R&D, Other) & by Country (U.S., China, Russia, and others)
Dallas, TX -- (SBWIRE) -- 10/23/2014 -- The report "Defense Budget Analysis Market by Country (U.S., China, Russia, and others), by Expenditure (Capital, Operational), by Platform [Land (Missile Defense Program), Airborne (UAV Program), Naval (Destroyer program)], by Capital Expenditure (Procurement, R&D, Other) – Forecast and Analysis 2014 – 2020" The Defense Budget Analysis by the top 10 countries is estimated to be $ 1,160.58 billion in 2014, and is expected to grow at a CAGR of 7.07%, for the next five years.
The top ten countries covered in this report are the U.S., China, Russia, Saudi-Arabia, France, U.K., Japan, India, Germany, and South Korea. Additionally, it also covers the key players that serve these nations with high-end defense systems such as Lockheed Martin Corporation (U.S.), The Boeing Company (U.S.), BAE Systems Plc. (U.K.), Raytheon Company (U.S.), Northrop Grumman Corporation (U.S.), and General Dynamics Corporation(U.S.).
Browse 88 market tables and 67 figures spread through 232 pages and in-depth TOC on "Defense Budget Analysis Market by Country (U.S., China, Russia, and others), by Expenditure (Capital, Operational), by Platform [Land (Missile Defense Program), Airborne (UAV Program), Naval (Destroyer program)], by Capital Expenditure (Procurement, R&D, Other) – Forecast and Analysis 2014 – 2020"
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The defense budget analysis by a country mostly varies owing to the economic state of that country. A chief example of this would be the western countries such as U.K, which have experienced extensive severity measures being implemented because of budget deficit reduction. The priority has been given to achieving the economic goals, while the defense military expenditure has been largely reduced to accomplish this However; Asian defense spending in the recent years has continuously increased at a high rate. The major stakeholders being China, which has drastically increased its defense budget to meet its goal of becoming a superpower, by 2025.
The report provides an in-depth analysis of the top 10 defense spending. It provides information about the current trends in the market with respect to geographies, countries, platforms, and applications market scenario. It throws light on the current market trends, drivers, and restraints of this market, and the challenges faced by the market that are expected to impact the growth of top 10 defense spending analysis market.
It analyzes the capital defense expenditure namely, procurement, research and development, maintenance, and upgradation. The report details the trends of the top 10 countries with high defense expenditure, and also provides information about the government sponsored defense agencies which cater to the research and development requirements of the major defense spenders.
The report also provides information about the ongoing and upcoming defense programs being implemented across various platforms namely land, airborne, and naval. Moreover, it highlights the programs that are due for developments in the field such as the V-22 Osprey program by the U.S. DoD, to support the procurement of 19 MV-22 aircraft for the Navy/Marine Corps.
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The prospective growth top 10 defense spending analysis market for the next six years include Saudi Arabia, and China who have, with the dramatic increase in their respective defense budgets, marked their positions in the list of top five defense spenders. However, pertaining to their secrecy issues both nations have never completely disclosed their future plans for defense spending. In this report, the figures for Saudi Arabia, which holds the fourth position with regards to defense spending, also include the nation's capital expenditure in the three platforms.
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