Iraq Defense Sector Future Discussed by SDI in New Report Published at MarketPublishers.com

01 Nov 2013 • by Natalie Aster

LONDON – At present, the Iraqi defense market is evaluated at approximately USD 17.1 billion. Iraq’s MoD is focused on enhancing defense and strike force capabilities as well as obtaining modern military hardware. During 2008-2012, the country’s defense and security budget experienced substantial growth, and it is poised to increase at a rate of almost 8.7% in the next five years.

As part of military reform, Iraq intends to allocate around 7.5% of the total GDP for defense expenditure and even more (over 21%) towards capital expenditure (capex) during 2013-2018. The country’s plans to enhance its ground and air defense capabilities open a host of opportunities for overseas suppliers of such equipment as attack helicopters, radars, fighter aircraft, communication systems, UAVs, missiles, etc. The attractiveness of the Iraqi defense market for new entrants is boosted by ongoing developments in the domestic industry, consumers’ increased purchasing power, and also the allowance of foreign direct investment (FDI).

New research report “Future of the Iraqi Defense Industry - Market Attractiveness, Competitive Landscape and Forecasts to 2018” created by Strategic Defence Intelligence (SDI) delivers profound insights into the Iraqi defense market. It uncovers historical, current and forecast industry values; evaluates the market attractiveness; delves into the competitive environment, reviews the major market participants as well as discusses their strategies, and also identifies key market drivers and restraints. The report benchmarks the Iraqi defense industry against key global markets, provides a clear understanding of the emerging market opportunities and challenges, contains foreign trade statistics and Porter’s five forces analysis. Additionally, future prospects of the Iraqi defense market to 2018 are outlined in the study.

Report Details:

Future of the Iraqi Defense Industry - Market Attractiveness, Competitive Landscape and Forecasts to 2018
Published: October, 2013
Pages: 86
Price: US$ 1,250.00 

Other Countries Defense Markets Reports by SDI Include:

More new reports by the publisher can be found at SDI page.

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