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26 Apr 13. Research and Markets has announced the addition of the
“Analyzing United States’ Aerospace & Defense Industry” report to their
offering. The global aerospace and defense market has performed well in recent years, led primarily by large increases in defense spending caused by the gulf war and the US-led global war on terrorism. These increases have countered the decline in the civil aerospace sector following the downturn in the end-user airline industry in the aftermath of the 9/11 terrorist attacks. The United States has been the world leader in aerospace and aviation since the early 20th century as both the largest producer and marketplace. The US is the world’s largest aerospace and defense market and has the world’s largest military budget. Six of the top nine global aerospace companies are based in the US. Boeing is the largest aircraft manufacturer in the US, the top global aerospace company by revenues, and was the global leader for commercial market share until recently when the European firm Airbus edged ahead. Spending in the US aerospace and defense market has expanded at far greater pace than in any other major global market in recent years. In 2007 alone, the market value rose by an astonishing 17.3% over the previous year. The main factor driving this phenomenon has been the country’s leading political position in the recent conflict in Iraq and the escalating war on terrorism. (Source: Yahoo!/BUSINESS WIRE)
02 May 13. Research and Markets announced the addition of the “Europe – Smart Weapons Markets and Technologies Outlook – 2013-2020” report to their offering. Shrinking defense budgets and changing perspectives on the role of national and NATO forces in future conflicts is already having an impact on the evolution of European defense markets and industries. Current procurement trends in Europe show increasing preference to multiple-award, indefinite-delivery, indefinite-quantity omnibus contracts for integrated solutions, following rigorous pre-qualification processes. Competing and thriving in such markets require a thorough understanding of the market’s potential evolutionary paths, the technological, political and operational challenges and possible areas of opportunity. This new report highlights unique business opportunities, and analyzes three different possible scenarios. (Source: Yahoo!/BUSINESS WIRE)
02 May 13. Research and Markets has announced the addition of the “Middle East – Smart Weapons Markets and Technologies Outlook – 2013-2020” report to their offering. The turmoil engulfing much of the Middle East, rapid developments, re-alignment of forces, potential conflicts, and a changing economic climate, all point to multiple threats and opportunities to those trying to penetrate or thrive in the region’s smart weapon’s arena. Between 2013 and 2020, the Middle East’s smart weapons market is expected to reach a cumulative $27 billion, reflecting efforts by many countries to prepare for continuous instability. This new report highlights unique business opportunities, and analyzes three different possible scenarios. (Source: Yahoo!/BUSINESS WIRE)
02 May 13. Research and Markets has announced the addition of the “North America – Smart Weapons Markets and Technologies Outlook – 2013-2020” report to their offering. The War on Terror and the twin asymmetric conflicts in Iraq and Afghanistan have driven the U.S. to fundamentally rethink its approach to the needs and applications of smart weapons. The U.S. government is the major customer of the smart weapons industry, and therefore, an understanding of the impact of U.S. budget woes on upcoming spending budgets is crucial to understanding future trends in the U.S. and global smart weapons markets. Add to this complex equation the growth of Chinese and Indian military power, the changes in conflict profil