The Iraqi Defense Market Attractiveness, Competitive Landscape and Forecasts to E-mail:
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Published on : 2 Dec 2019
Report Description ď ą The report sheds light on the highly lucrative Global Iraqi Defense Market and its diversifying nature. The report provides a detailed analysis of the market segmentation, size, and share; market dynamics such as the growth drivers, restraints, challenges, and opportunities; service providers, investors, stakeholders, and key market players. ď ą In addition, the report highlights the threat factors that the market will likely encounter over the forecast period. The report provides detailed profile assessments and multi-scenario revenue projections for the most promising industry participants. ď ą The Global Iraqi Defense Industry report focuses on the latest trends in the global and regional spaces on all the significant components, including the capacity, cost, price, technology, supplies, production, profit, and competition. +91-8087042414 (Asia) | (+1) 646 781 7170 (Int'l) | help@grandresearchstore.com
Summary • The Iraqi Defense Market - Attractiveness, Competitive Landscape and Forecasts to 2024 , published by GRS, 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. • This report offers detailed analysis of the Iraq's 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.
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By Region North America
Europe
China
Rest of the world India
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Market Size Expected to reach $XX million USD by the end of
2017
Forecast year
2019
Base year
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Scope •
Iraqi military expenditure values US$6.7 billion in 2019 and registered a CAGR of -5.26% during 2015-2019. The decline in the defense budget during the historic period is primarily due to the country's heavy reliance on oil and gas revenues to fund its expansive defense modernization programs. Therefore, the severe erosion of global oil and gas prices during 2016-2017 adversely impacted the country's defense spending capability and forced it to cut back on its defense spending. Iraq is expected to allocate an average of 3.0% of its GDP to defense expenditure over the forecast period, despite its relatively small economy.
•
Expenditure is anticipated to focus more on the procurement of equipment, to augment air defense capabilities and enhance the operational capabilities of the current fleet of naval vessels, and better communication and surveillance systems. Cumulative expenditure on the procurement of advanced military hardware is projected to stand at US$12.2 billion over the next five years - Key areas of procurement include fighter aircraft, attack helicopters, tanks, tactical trucks, missiles, radars, air defense system, communication systems, and UAVs
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Table Of Contents
List of Tables & Figures
Charts
Research Methodology
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