Global Artillery and Systems Market is expected to reach USD 9.7 bn till year 2026.
Latest industry research report on: Global Artillery and Systems Market 2016: Industry Research, Size, Share, Demand, Growth, Research, Segmentation, Parameters, Forecasts to 2021
The Global Artillery and Systems Market 2016-2026 report offers a detailed analysis of the industry, with market size forecasts covering the next ten years. This report will also analyze factors that influence demand for artillery equipment and related systems, key market trends, and challenges faced by industry participants.
The demand for artillery and systems is primarily driven by the anticipated procurement by major defense spending countries that are currently involved in conflicts, and emerging economies involved in territorial disputes and countering insurgencies. In addition, the need to maintain a sufficient inventory of second line of fire artillery systems for militaries across the World and the increasing demand for training systems is also anticipated to have a positive impact on demand. Modernization initiatives undertaken by various countries are focusing on the upgrade of existing firearms and the induction of new advanced models such as self-propelled howitzer – XM 2001 and advanced Towed Artillery Gun System (ATAGS) are also expected to encourage spending.
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In particular, the report provides an in-depth analysis of the following:
- Market size and drivers: detailed analysis during 2016-2026, including highlights of the demand drivers and growth stimulators. It also provides a snapshot of the spending and modernization patterns of different regions around the world
- Recent developments and industry challenges: insights into technological developments and a detailed analysis of the changing preferences of artillery systems segments around the world. It also provides trends of the changing industry structure and the challenges faced by industry participants
- Regional highlights: study of the key markets in each region, providing an analysis of the key segments of the market that are expected to be in demand
- Major programs: details of the key programs in each segment, which are expected to be executed during 2016-2026
- Competitive landscape and strategic insights: analysis of the competitive landscape of the global market. It provides an overview of key players, together with information regarding key alliances, strategic initiatives, and financial analysis
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- Strengthen your understanding of the market in terms of demand drivers, industry trends, and the latest technological developments, among others
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- Channelize resources by focusing on the ongoing programs that are being undertaken by the defense ministries of different countries within the global artillery and systems market
- Make correct business decisions based on thorough analysis of the total competitive landscape of the sector with detailed profiles of the top artillery systems providers around the world which include information about their products, alliances, recent contract wins and financial analysis wherever available
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