Market Research Report
Iraq Defense Market - Attractiveness, Competitive Landscape and Forecasts to 2025
|Published by||GlobalData||Product code||971279|
|Published||Content info||82 Pages
Delivery time: 1-2 business days
|Iraq Defense Market - Attractiveness, Competitive Landscape and Forecasts to 2025|
|Published: November 4, 2020||Content info: 82 Pages||
Iraq Defense Market - Attractiveness, Competitive Landscape and Forecasts to 2025 report provides the market size forecast and the projected Compound Annual Growth Rate (CAGR) for the next five years. The report covers the industry analysis including the key market drivers, emerging technology trends, and major challenges faced by market participants.
Iraq is anticipated to invest US$24.3 billion cumulatively over the forecast period, compared to the US$23.2 billion spent during 2015-2019 in defense expenditure. Expenditure is anticipated to focus more on the procurement of equipment, to augment air defense capabilities and enhance the operational capabilities of the current fleet of naval vessels, and better communication and surveillance systems. Cumulative expenditure on the procurement of advanced military hardware is projected to stand at US$6.8 billion over the next five years. Key areas of procurement include fighter aircraft, attack helicopters, tanks, tactical trucks, missiles, radars, air defense system, communication systems, and UAVs.
This report offers detailed analysis of the Iraqi defense market with market size forecasts covering the next five years. This report will also analyze factors that influence demand for the industry, key market trends, and challenges faced by industry participants.
In particular, it provides an in-depth analysis of the following -