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(USGovernment-News.Com, October 03, 2018 ) According to Goldstein Research, mounting conflicts and wars between countries, cross-border clashes and intensifying fear of terrorism across the globe are the major factors driving the governments to attain more advanced and efficient arms and weapons for their military and defense operations. This is likely to contribute to the growth of the global arms market. Global arms market outlook also includes technological advancements and, investment and marketing strategies adopted by major market players in order to expand their business across the globe. For instance, the top five countries, measured by military expenditure in 2016 – the US, China, Russia, Saudi Arabia and India – account for about 64% of the world market. Where The Russia Arms Market is increasing at a CAGR of xx% over the forecast period of 2016-2024. Moreover In 2016, arms purchasing of Qatar increased by 245% whereas, Saudi Arabia’s purchase of arms grew over 210% as compared to 2010.
“Global Arms Market Outlook 2024” covers a comprehensive overview of the global arms market. On the basis of our in-depth analysis, market can be segmented in terms of market segmentation by weapons type and by applications.
Further, for the in-depth analysis, Arms Industry Report encompasses the industry growth drivers, market challenges, risk analysis, market attractiveness, BPS (Base Point Scale) analysis, Porter’s five force model and SWOT analysis. This market report also includes competitive outlook of some of the major players profiling of companies such as Lockheed Martin, Boeing Company, BAE Systems plc, Raytheon Company, Northrop Grumman Corporation, General Dynamics Corporation, Airbus Corporation, United Technologies Corporation etc.
The company profiles include business strategy, geographical revenue distribution, major information of the companies which encompasses business outlook, products, services and industries catered, financial analysis of the company and recent developments. Overall, the report represents the global arms market trends along with the market forecast that will help industry consultants, technology providers, existing players searching for expansion opportunities, new players searching possibilities and other stakeholders to align their market-centric strategies according to the ongoing and expected trends in the future.
Key questions answered in this global arms market report
• What is the global arms market size by 2025 and what would be the expected growth rate of the industry?
• What is the total market value per segment and region in 2016-17 and what would be the estimated revenue per segment and region over the forecast period?
• What are the arms market trends?
• What are the elements which are driving this industry?
• What are the major barriers to arms industry growth?
• Who are the market players in this industry?
• What are the market opportunities for the present and entry-level players?
• What are the recent developments and business strategy of the key players?
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