London, UK (PRWEB) July 18, 2014
The world military infrastructure and logistics market is forecast to grow at a CAGR of over 1% through to 2024. The global economic downturn has led to the reduction in the defense budgets of the majority of nations with the highest military spending, such as the US, Germany, the UK, and France. The markets with high growth potential, like China and Russia, have been drawing up continuous programmes to upgrade military infrastructure and logistics capabilities domestically as well as along their frontiers.
Notwithstanding the flat growth the region will likely see on the back of closure of wars in Southwest Asia, North America is expected to retain its position as the dominant spender on military infrastructure and logistics in the next decade, accounting for over around 40% of the global market. The expenditure will likely be primarily driven by the US army’s new initiatives to fortify and redistribute its military base in the European region. US key allies, like Poland, expect Russia’s military aggression, especially in the aftermath of the Crimea invasion at the beginning of 2014. Canada is also anticipated to invest substantially in the physical infrastructure and logistics sector development. Asia and Europe are expected to account for considerable shares (around 27% and just over 23%, respectively) of the total military infrastructure and logistics market over the forecast period. This is likely to be driven mainly by the efforts of such countries as China, India, and Russia to modernise their military forces. Moreover, the need to establish novel and advanced logistics and infrastructure systems in these nations is expected to bolster the market in the long term.
New research report “Global Military Infrastructure and Logistics Market 2014-2024” elaborated by Strategic Defence Intelligence (SDI) is now available at MarketPublishers.com.
Title: Global Military Infrastructure and Logistics Market 2014-2024
Published: July, 2014
Price: US$ 4,800.00
The research report contains a detailed analysis of the world military infrastructure and logistics sector during the next decade, presenting market size estimates including detailed forecasts to 2024. The research report covers the key market and technological trends in the military logistics and infrastructure industry, besides giving an insightful analysis of the factors impacting the demand for military infrastructure and logistics systems and the challenges faced by industry players. The study, in particular, provides an in-depth analysis of the global military infrastructure and logistics market sizing and growth drivers, recent industry developments and challenges, a SWOT analysis of the military infrastructure and logistics market, in-depth examination of the global military infrastructure and logistics market by individual country, the competitive scenario and company profiles, as well as strategic insights.
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More new market research reports by the publisher can be found at SDI page.