Military Infrastructure and Logistics Market Analysis, Share and Size, Emerging Trends, Overview and Outlook, Growth And Segment Forecasts To 2020
Technavio Announces the Publication of its Research Report – Global Military Infrastructure and Logistics Market 2016-2020 Technavio recognizes the following companies as the key players in the global military infrastructure and logistics market: AECOM, ANHAM, DynCorp International, KBR, and Lockheed Martin. Other Prominent Vendors in the market are: American International Contractors, Aselsan, Cabletel, Claxton Logistics, Fluor, GENCO, Honeywell International, Klinge, Mantech International, Minrav, One Network¸ and Reeves. Browse full report with TOC@ https://marketreportscenter.com/reports/368509/global-militaryinfrastructure-and-logistics-market-2016-2020 Commenting on the report, an analyst from Technavio’ s team said: “Another major trend during the course of the forecast period is the concentration of global military expenditure within a few major nations. The majority of the expenditure on military development will come from a few developed nations that harbor ambitions of global dominance, and emerging powers that are concerned about their national security. As of 2015, the US, China, Russia, the UK, and Saudi Arabia, together account for over 60% of the overall global defense expenditure. Despite growing criticism from the humanitarian agencies, these countries have not been consistent in reducing their defense spending and are aware of the beneficial outcomes from the deployment of military bases at strategic locations.” According to the report, one of the key drivers for market growth will be the growing maritime aggression in South China Sea. To counter China's increasing maritime assertiveness, countries like the US, South Korea, Australia, and Japan have agreed to establish a cooperative defense engagement in the South China Sea. In April 2016, India also agreed in principle to share military logistics support with the US military. As per the logistics agreement signed by the US and India, there is a provision to use each other's air, naval, and land bases for military supplies and repair work. This cooperation will boost the market for logistic services, primarily in the Indian subcontinent. Further, the report states that construction constraints will be one of the major challenges for the market. The military infrastructure and logistics market is also affected by the presence of constructionrelated constraints. The vendors operating in this industry have to undertake construction activities in extreme weather and environmental conditions, in addition to ensuring optimum safety and security measures. Since the contemporary military forces engage in multiple projects simultaneously,