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Global Ballistic Protection Market 2016: Industry Review, Insights, Demand and Analysis to 2021 Marketing Articles | July 31, 2016
Global Market Research Report on Ballistic Protection Market 2016 is a professional and in-depth complete study on the current state of the Ballistic Protection worldwide.
The Austrian defense market will be driven by active participation in peacekeeping missions along with a focus to modernize its military by procuring advanced defense systems. In addition, the capital expenditure allocation is anticipated to average 23.6% of the total defense budget during 2016-2020 and defense equipment procurements are expected to be in the areas of military rotorcraft Jordan 4 Shoes For Sale , unmanned aerial vehicles (UAVs), and spending towards cyber security and soldier modernization
Key Findings - During 2011-2015, Austrian defense expenditure registered a growth rate of -6.18%, declining from US$2.9 billion in 2011 to US$2.2 billion in 2015 - Military expenditure is anticipated to register a CAGR of 3.24% during 2016-2020, to value US$2.5 billion in 2020 - Corruption Jordan 7 Shoes For Sale , retaining conscription, changes in security environment and economic recession possess challenges for the Austrian defense market - Demand for equipment is mainly expected to revolve around military rotorcraft, unmanned aerial vehicles (UAVs), and spending towards cyber security and soldier modernization during 2016-2020
Strategic Defence Intelligence's report - Future of the Austrian Defense Industry - Market Attractiveness, Competitive Landscape and Forecasts to 2020 offers detailed analysis of the industry with market size forecasts from 2016-2020. This report will also analyze factors that influence demand in the industry Jordan 11 Shoes For Sale , key market trends, and challenges faced by industry participants.