Kuwaiti Defense Industry Performance Examined & Forecast in SDI Topical Research Report Available at MarketPublishers.com15 Jan 2015 • by Natalie Aster
LONDON – Over the past few years, the expenditure of the defense industry in Kuwait registered a negative growth rate, which accounted for -0.56% in 2014. Therefore, it declined from USD 4.7 billion in 2010 to USD 4.6 billion in 2014. Furthermore, the country’s military expenditure is anticipated to grow at a 1.02% CAGR in the next 5 years and by 2019 to climb to around USD 5 billion.
Military spending in the country is likely to achieve USD 5 billion till 2019, raising a CAGR of nearly 1.02% through 2019. This growth will likely be driven by a number of military modernization programs along with Kuwait’s border dispute with Iraq. Moreover, the country’s defense industry is anticipated to procure new aircraft, missile defense systems and naval vessels in the upcoming years.
Topical research report “Future of the Kuwaiti Defense Industry - Market Attractiveness, Competitive Landscape and Forecasts to 2019” developed by Strategic Defence Intelligence (SDI) offers invaluable and unparalleled data on Kuwait’s defense industry landscape.
The in-demand research study gives details on the Kuwaiti defense industry current performance, reviews the historical background of the industry, investigates the major modernization patterns and characterizes the overall business environment in Kuwait. Furthermore, it examines the defense budget allocations, discloses import and export statistics, thoroughly analyses the defense industry top trends and points out the key opportunities and challenges. The main industry growth limiters and drivers are disclosed in the study, too. Additionally, the topical report offers a comprehensive guide to the competitive landscape in the Kuwaiti defense market, enlists the major companies and contains unique data on their services, products, strategic alliances, deals and recent announcements. A five-year forecast for the Kuwaiti defense industry can also be found in the report.
Future of the Kuwaiti Defense Industry - Market Attractiveness, Competitive Landscape and Forecasts to 2019
Published: December, 2014
Price: US$ 1,250.00
More topical research reports by the publisher can be found at Strategic Defence Intelligence (SDI) page.