2014 Sri Lankan Defense Market Analysis and 2019 Forecasts
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The collection of ‘Public Sector’ market research reports has a new addition of “Future of the Sri Lankan Defense Industry – Market Attractiveness, Competitive Landscape and Forecasts to 2019” on MarketReportStore.com.
Summary
The Future of the Sri Lankan Defense Industry Market Attractiveness, Competitive Landscape and Forecasts to 2019 published by Strategic Defense Intelligence, provides readers with a detailed analysis of both historic and forecast Sri Lankan defense industry values, factors influencing demand, the challenges faced by industry participants, analysis of industry leading companies, and key news.
Key Findings
The Sri Lankan defense industry, valued at US$1.8 billion in 2014, is anticipated to record a CAGR of 8.06% over the forecast period, to reach US$2.6 billion by 2019
An increased threat of the re-emergence of the separatist militant organization, de-mining, and rehabilitation efforts by the military forces following the Eelam war, and the strained relationship with India are factors driving military expenditure
The country is expected to strengthen its maritime security and surveillance to counter the problems of terrorism, piracy, oil pollution spills, and illegal drug and arms trafficking
Over the forecast period, the country is expected to procure fighter aircraft, transport helicopters, offshore patrol vessels, surveillance systems, armored vehicles, and ambush-protected (MRAP) vehicles, among many others
Sri Lankan homeland security (HLS) expenditure stands at US$0.5 billion
The collection of ‘Public Sector’ market research reports has a new addition of “Future of the Sri Lankan Defense Industry – Market Attractiveness, Competitive Landscape and Forecasts to 2019” on MarketReportStore.com.
Summary
The Future of the Sri Lankan Defense Industry Market Attractiveness, Competitive Landscape and Forecasts to 2019 published by Strategic Defense Intelligence, provides readers with a detailed analysis of both historic and forecast Sri Lankan defense industry values, factors influencing demand, the challenges faced by industry participants, analysis of industry leading companies, and key news.
Key Findings
The Sri Lankan defense industry, valued at US$1.8 billion in 2014, is anticipated to record a CAGR of 8.06% over the forecast period, to reach US$2.6 billion by 2019
An increased threat of the re-emergence of the separatist militant organization, de-mining, and rehabilitation efforts by the military forces following the Eelam war, and the strained relationship with India are factors driving military expenditure
The country is expected to strengthen its maritime security and surveillance to counter the problems of terrorism, piracy, oil pollution spills, and illegal drug and arms trafficking
Over the forecast period, the country is expected to procure fighter aircraft, transport helicopters, offshore patrol vessels, surveillance systems, armored vehicles, and ambush-protected (MRAP) vehicles, among many others
Sri Lankan homeland security (HLS) expenditure stands at US$0.5 billion