The Russian Defense Industry - Market Attractiveness and Emerging Opportunities to 2021: Market Profile
This report provides a detailed analysis of the current industry size and growth expectations during 2016–21, including highlights of the key growth stimulators. It also benchmarks the industry against key global markets and provides detailed understanding of emerging opportunities in specific areas.
SDI's The Russian Defense Industry - Market Attractiveness and Emerging Opportunities to 2021: Market Profile is an essential source of information covering the market attractiveness and emerging opportunities of the defense industry in Russia.
Russia’s defense expenditure in 2016 values US$52 billion, recording a CAGR of -3.46% during the historic period, and it is expected to cumulatively valueUS$343.2 billion over the forecast period. Russia has the world’s longest land border, which it shares with 16 other countries, along with maritime borders with Japan, via the sea of Okhotsk, and the US state of Alaska, across the Bering Strait. The country places the utmost importance on the protection of its borders and critical infrastructure, which covers a large geographical area that is rich in natural resources. Russia’s military expenditure is expected to grow at a CAGR of 7.28% to reach US$78.4 billion in 2021, mainly driven by the military equipment upgrade program and the protection of its civilians and vital infrastructure.
Reasons To Buy
The Russian Defense Industry - Market Attractiveness and Emerging Opportunities to 2021: Market Profile allows you to:
Understand the market size and forecasts of the Russia defense industry.
Understand the budget allocation of the Russia defense industry.
Gain knowledge on Homeland Security market size and forecast.
Gain insight into the benchmarking data with Key global markets.
Understand the key trends and growth stimulators of the Russia defense industry.