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According to Goldstein Research, “Rising cross border tensions leading to the increasing demand for defense and military products in the Eastern Europe, Middle East region, East and South China and North Korea. Moreover, growing border security concerns are resulting into the increasing military budgets mainly in countries such as the United Arab Emirates, South Korea, Saudi Arabia, India, China, Russia, Japan, Vietnam and Qatar. Mounting spending on defense and military products are likely to contribute in the rising international arms trade and growth of the global arms market.”

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report code ad 1005

Report Code : AD1005

Global Arms Market Outlook 2016-2024 | Insights, Trends, Demand & Competitors Analysis

99 Wall Street, Suite No:- 527, New York, NY 10005

United States of America

+1-646-568-7747

+1-437-886-1181

Office No:- 504, 5th Floor, C-51, BSI Business Park, Sector-62, Noida, PIN:- 201301

India 

+44-203-318-6627

+91-120-473-0422,

+91-844-785-9968

www.goldsteinresearch.com

sales@goldsteinresearch.com

global arms market outlook 2016 2024 insights

Global Arms Market Outlook 2016-2024 | Insights, Trends, Demand & Competitors Analysis

Global Arms MarketOutlook

In the last five years, arms exports are experiencing a declining growth rate and the total annual volumes of arms have become stabilized to nearly USD 15 billion. Currency devaluation and global economic crisis are major factors constraining the growth of global arms market. These macroeconomic factors have raised concerns to nations over the budget problems for purchasing new major weapon systems. However, the fragile security and constant border security instability are becoming a major concern for every nation. With the improving technology, developing and developed nations are equipping their ammunitions store with modern gadgets and replacing their conventional weapons with advance equipments such as GPS guidance and automated systems of weapons. America is the leading arms exporter and sells arms to more than 100 countries. Shortfall in the expansion of global weapons market is raising the competition among suppliers to transfer advanced technology and to secure better weapon deal terms. For instance, the US and European arms sellers are competing to expand their arms export business in developing nations mainly in Gulf countries and in India.

Countries are more involved in export and imports of arms across the globe. For instance, South Korea is the export partner of Latin America and supplies aircraft and warship.  Vietnam, one of the fastest growing economies of South-East Asia, has tripled their weaponry import in 2016 as compared to 2011. Moreover, arms purchasing of Middle East countries are also witnessing tremendous growth in last five years. In 2016, arms purchasing of Qatar increased by 245% whereas, Saudi Arabia’s purchase of arms grew over 210% as compared to 2010.

Send us Sample Request @ https://www.goldsteinresearch.com/request-sample/global-arms-market-outlook-2024-global-opportunity-and-demand-analysis-market-forecast-2016-2024

global arms market outlook 2016 2024 insights 1

Global Arms Market Outlook 2016-2024 | Insights, Trends, Demand & Competitors Analysis

  • Market Segmentation
  • Based on Types of Weapon
    • Land Based Weapon
    • Aerospace Based Weapon
    • Naval Based Weapon
    • Digital Arms
  • Based on Application
    • Military & Defense Actions
    • Law Enforcement
    • Hunting & Sports
    • Self-Defense
    • Request for TOC @ https://www.goldsteinresearch.com/toc-request/global-arms-market-outlook-2024-global-opportunity-and-demand-analysis-market-forecast-2016-2024

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Global Arms Market Outlook 2016-2024 | Insights, Trends, Demand & Competitors Analysis

  • North America (U.S. & Canada) {Market Size (USD Billion), Growth Analysis (%) and Export & Import Size (USD Billion)}
  •  Latin America (Brazil, Mexico, Argentina & Rest of Latin America) {Market Size (USD Billion), Growth Analysis (%) and Export & Import Size (USD Billion)}
  • Europe (The U.K., Germany, France, Italy, Spain, Poland, Sweden & RoE) {Market Size (USD Billion), Growth Analysis (%) and Export & Import Size (USD Billion)}
  • Asia-Pacific (China, India, Japan, Singapore, South Korea, Australia, New Zealand, Rest of Asia) {Market Size (USD Billion), Growth Analysis (%) and Export & Import Size (USD Billion)}
  • Middle East & Africa (GCC, South Africa, North Africa, RoMEA) {Market Size (USD Billion), Growth Analysis (%) and Export & Import Size (USD Billion)}
  •  Rest of World {Market Size (USD Billion), Growth Analysis (%) and Export & Import Size (USD Billion)}
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Global Arms Market Outlook 2016-2024 | Insights, Trends, Demand & Competitors Analysis

Market Size and Forecast (2016-2024)

United Nation’s Arms Trade Treaty which controls the regulation of weapon business and ensures that arms are not sold to irresponsible users is likely to boost the demand for advance weaponry systems in the near future. With the rising armed conflicts and unstable security situations across the globe is accelerating the global trade for major weapons systems. The global arms market valued USD 308 billion in 2015 and is projected to reach USD 363.7 billion in 2024, registering a compound annual growth rate of 2.1% during the forecast period. During the time period of 2012-2016, over 127,274 units of arms were exported across the globe.

In 2016, as per Stockholm International Peace Research Institute (SIPRI), total value of international trade of arms-transfer agreements increase by 16% from the value USD 266 billion in 2011. North America is the dominating region for the global arms market and the US accounts for 36.6% share of the total arms market. In 2016, U.S. accounted for the 40% share of the global arms transfer and the export of arms in the US grew by 43%. 50% of the US arms export went to the Middle East region in countries such as Saudi Arabia, the UAE and Iraq.

In 2015, Russia delivered total arms valued over USD 7.2 billion. Russia is the second and France is the third largest exporter of arms throughout the world in 2016. In the same year, western European countries such as the UK, Germany, France and Italy together held nearly 22% of the global arms trade agreements.

global arms market outlook 2016 2024 insights 4

Global Arms Market Outlook 2016-2024 | Insights, Trends, Demand & Competitors Analysis

Global Arms Market 2024 contains detailed overview of the global arms market in terms of market segmentation by types of weapon and by application.

Further, for the in-depth analysis, the report encompasses the industry growth drivers, market challenges, risk analysis, market attractiveness, BPS (Base Point Scale) analysis, Porter’s five force model and SWOT analysis.

Global Arms Market also provides competitive outlook of some of the major players of global arms market which includes profiling of companies such as Lockheed Martin, Boeing Company, BAE Systems plc, Raytheon Company, Northrop Grumman Corporation, General Dynamics Corporation, Airbus Corporation, United Technologies Corporation, Leonardo S.p.A., L3 Technologies, Textron, Naval Group, Honeywell International Inc, United Shipbuilding Corporation , Safran S.A., The PJSC United Aircraft Corporation, Rolls-Royce, Huntington Ingalls Industries, Almaz-Antey Corporation, Thales Group, Leonardo S.p.A. and Pratt & Whitney. The company profiles include business strategy, geographical revenue distribution, major information of the companies which encompasses business outlook, products, services and industries catered, financial analysis of the company and recent developments.

Overall, the report represents comprehensive synopsis on the global arms market that will help industry consultants, equipment manufacturers, existing players searching for expansion opportunities, new players searching possibilities and other stakeholders to align their market centric strategies according to the ongoing and expected trends in the future.

global arms market outlook 2016 2024 insights 5

Global Arms Market Outlook 2016-2024 | Insights, Trends, Demand & Competitors Analysis

  • Scope Background
  • Market Synopsis
  • Market Segmentation
  • The Global Arms Market segmentation as follows:
    • By Types of Weapon (Market Size, Demand Analysis and Growth Analysis)
    • By Application (Market Size, Demand Analysis and Growth Analysis)
  • By Country
  • North America (U.S., Canada) {Market Size, Growth Analysis and Opportunity Analysis}
  • Latin America (Argentina, Mexico, Brazil and Rest of Latin America) {Market Size, Growth Analysis and Opportunity Analysis}
  • Europe (Germany, Italy, Spain, France, The U.K., Netherlands, Sweden, Hungary, Russia, Poland, Rest of Europe) {Market Size, Growth Analysis and Opportunity Analysis}
  • Asia-Pacific (China, India, Singapore, Japan, Hong-Kong, Australia, New Zealand, South Korea and Rest of Asia Pacific) {Market Size, Growth Analysis and Opportunity Analysis}
  • Middle East and North Africa (MENA) {Market Size, Growth Analysis and Opportunity Analysis}
  • Rest of World  {Market Size, Growth Analysis and Opportunity Analysis}

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global arms market outlook 2016 2024 insights 6

Global Arms Market Outlook 2016-2024 | Insights, Trends, Demand & Competitors Analysis

  • Market Dynamics: Growth Drivers, Restraints and Opportunities
    • Risk Factors
    • Regional Variations
    • Recent Trends and Developments
  • Key Market Players
    • Synopsis
    • Business Strategy
    • Product Portfolio
    • SWOT Analysis
  • Porter’s Five Force Model
  • Market Landscape: Competition and Beyond
  • Market outlook for business players and entry level players to ascertain their business in dynamic ecosystem
  • Expert Analysis
  • Concluding Remarks

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global arms market outlook 2016 2024 insights 7

Global Arms Market Outlook 2016-2024 | Insights, Trends, Demand & Competitors Analysis

About Goldstein Research

Based in U.S., Goldstein Researchis a young business consulting and market research firm with vast reach across America, Asia and parts of Europe and the Middle East. In the next five years, we strive to expand our reach to 50+ nations spanning across Europe, Asia and parts of the Middle East and Africa. We strive to realize a strong brand presence globally through our quality research and forecasting solutions.

With 30+ domain experts and 50+ employees working day and night to crunch numbers and bring out the best and detailed market reports and forecasts, we strive to enable you to foresee upcoming market challenges and develop a robust business model and strategies, which would add to your profitability and market visibility as a brand.

Our mission is simple: to develop insightful business solutions, help our clients make powerful future decisions to keep them well ahead of the game which is the market, and leave a mark across businesses and communities through our well-defined ideas and clear cut forecasts.

Our mission is simple: to develop insightful business solutions, help our clients make powerful future decisions to keep them well ahead of the game which is the market, and leave a mark across businesses and communities through our well-defined ideas and clear cut forecasts.

global arms market outlook 2016 2024 insights 8

Global Arms Market Outlook 2016-2024 | Insights, Trends, Demand & Competitors Analysis

Sample Request

For more information Contact Us:

99 Wall Street, Suite No:- 527, New York, NY 10005

United States of America

+1-646-568-7747

+1-437-886-1181

Office No:- 504, 5th Floor, C-51, BSI Business Park, Sector-62, Noida, PIN:- 201301

India 

+44-203-318-6627

+91-120-473-0422,

+91-844-785-9968

www.goldsteinresearch.com

sales@goldsteinresearch.com

global arms market outlook 2016 2024 insights 9

Global Arms Market Outlook 2016-2024 | Insights, Trends, Demand & Competitors Analysis

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