DALLAS, July 3, 2013 /PRNewswire-iReach/ -- RnRMarketResearch.com now offers new defense market research reports titled "The Global Submarine Market 2013-2023 – Market Size and Drivers: Market Profile", "The Global Naval Vessels and Surface Combatants Market 2013-2023 – Market Size and Drivers: Market Profile" and "Future of the Defense Industry – Market Attractiveness, Competitive Landscape and Forecasts to 2018" report for Romania, Sri Lanka, Argentina, Denmark, Finland, Austria, Spain, Portugal and Belgium in its store.
Submarines are regarded as an essential element to the attack and defense capabilities of a nation's naval fleet. They are employed for various missions including escorting the Navy's surface vessels, underwater attack, littoral warfare, ISR etc. "The Global Submarine Market 2013-2023 – Market Size and Drivers: Market Profile" report provides readers with a comprehensive analysis of the Submarine market through 2013-2023, including highlights of the demand drivers and growth stimulators for Submarine. It also provides an insight on the spending pattern and modernization pattern in different regions around the world. Buy a copy of this report @ http://www.rnrmarketresearch.com/contacts/purchase?rname=104256.
The global naval vessels and surface combatants market is estimated to value US$28.9 billion in 2013, and will increase at a CAGR of 0.2% during the forecast period, to reach US$29.3 billion by 2023. "The Global Naval Vessels and Surface Combatants Market 2013-2023 – Market Size and Drivers: Market Profile" report provides readers with a comprehensive analysis of the Naval Vessels and Surface Combatants market through 2013-2023, including highlights of the demand drivers and growth stimulators for Naval Vessels and Surface Combatants. It also provides an insight on the spending pattern and modernization pattern in different regions around the world. Purchase a copy of this report @ http://www.rnrmarketresearch.com/contacts/purchase?rname=104255.
For companies interested in country specific defense industry information, RnRMarketResearch.com has multiple reports that provide forecasts to 2018 with an understanding of market attractiveness and competitive landscape within these countries. Romanian defense expenditure increased at a CAGR of -6.59% during the review period and values US$1.7 billion in 2013. The focus of the Romanian government will be on modernization plans constituting the procurement of more advanced military equipment with improved technology; active participation in NATO (North Atlantic Treaty Organization) along with joint operations with other countries; participation in peacekeeping missions; and participation in border security measures. Austria is projected to spend US$13.3 billion on its armed forces during the forecast period. Defense expenditure registered a CAGR of -1.33% during the review period, primarily due to the European debt crisis which led to a slowdown of the economic activities in emerging markets, including Austria. Argentine defense expenditure increased at a CAGR of 15.37% during the review period and values US$4.1 billion in 2013. The focus of the Argentine government will be on the modernization of its armed forces, participation in peacekeeping operations, and the Falkland Islands dispute with the UK. With a defense budget of US$1.7 billion and less than 5% marked for capital expenditure, Sri Lanka presents few opportunities for foreign defense companies. Rebuilding northern parts of the country, which were destroyed during the war and repayment of loans taken during the war, are expected to drive the country's military expenditure, which is expected to grow at a CAGR of 6.12% over the forecast period. The country is expected to maintain a low allocation for defense procurement over the forecast period, focusing only on procuring necessary arms as the country focuses on reducing its debt. Finnish defense expenditure decreased at a CAGR of -0.74% during the review period and values US$3.8 billion in 2013. The focus of the Finnish government will be on the modernization of its armed forces, participation in peacekeeping operations, and the perceived threat from Russia. The Danish defense budget, valued at US$4.1 billion in 2013, is estimated to register a CAGR of -9.16% during the forecast period and decline to US$2.8 billion by 2018. This decrease in spending is expected to be primarily due to the country's public debt, which will force Denmark to cut its defense budget over the forecast period. Primarily driven by capability building and participation in NATO and UN operations, the country's defense expenditure is expected to focus more on the procurement of equipment for its maritime security, cyber security, missile defense, and counterterrorism capabilities over the period 2014-2018. The country's defense imports and exports are expected to increase marginally over the forecast period.
Explore these and more reports on the global Defense market @ http://www.rnrmarketresearch.com/reports/public-sector/defense/page/2.
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