New York, March 01, 2018: /Financeswire/: Market Research Engine has published a new report titled as “Algeria Defense System Market By Land; By Sea; By Air; By Ammunition; By Expenditure; By Country Analysis and Forecast by 2017 – 2023”.
The Algeria Defense System Market is segmented on the lines of its land, sea, air, import and export and country. Based on land is segmented into Main battle tank, Infantry fighting vehicles, Armored personnel carriers, Armored combat support vehicles, Mine-protected vehicles, Light armored vehicles, Light utility vehicles, Self-propelled artillery, Anti-aircraft, Prime movers and trucks and Unmanned combat vehicles. Based on sea it covers Battleships, Corvettes, Submarines, Frigates and Others. Based on by air band it covers Combat aircraft and Non-combat aircraft. Based on ammunition it covers Rifles, Missiles and Other. Based on expenditure it covers import and export. Algeria market is further segmented to provide market revenue for select countries such as the France, Germany, Italy, Spain and others.
The Algeria Defense System Market is expected to exceed more than US$ XXBillion by 2023 at a CAGR of XX% in the given forecast period.
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The scope of the report includes a detailed study of Algeria Defense System Market with the reasons given for variations in the growth of the industry in certain regions.
The report covers detailed competitive outlook including the market share and company profiles of the key participants operating in the global market. Key players profiled in the report include Lockheed Martin Corporation, Leonardo S.P.A, BAE Systems PLC, Thales Group, MBDA, Aselsan A.S, Rosoboronexport, Entreprise Nationale des Véhicules Industriels, NIMR-Algerie Joint Stock Company, Khenchela Mechanical Constructions Establishment and Seriana Company of Industrial Achievements (ERIS). Company profile includes assign such as company summary, financial summary, business strategy and planning, SWOT analysis and current developments.
The Algeria Defense System Market has been segmented as below:
- Main battle tank
- Infantry fighting vehicles
- Armored personnel carriers
- Armored combat support vehicles
- Mine-protected vehicles
- Light armored vehicles
- Light utility vehicles
- Self-propelled artillery
- Prime movers and trucks
- Unmanned combat vehicles
- Combat aircraft
- Fighter aircraft
- Bomber aircraft
- Attack aircraft
- Electronic warfare aircraft
- Maritime patrol aircraft
- Multirole combat aircraft
- Non-combat aircraft
- Military transport aircraft
- Airborne early warning and control
- Reconnaissance and surveillance aircraft
- Experimental aircraft
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This report provides:
1) An overview of the global market for Algeria Defense System Market and related technologies.
2) Analyses of global market trends, with data from 2015, estimates for 2016 and 2017, and projections of compound annual growth rates (CAGRs) through 2023.
3) Identifications of new market opportunities and targeted promotional plans for Algeria Defense System Market
4) Discussion of research and development, and the demand for new products and new applications.
5) Comprehensive company profiles of major players in the industry.
The major driving factors of Algeria Defense System Market are as follows:
- Changing Nature of Warfare
- Growing Geopolitical Instabilities in Africa
The major restraining factors of Algeria Defense System Market are as follows:
- High Costs Involved in the Development of Defense Systems
- Algeria does not export arms due to an undeveloped domestic arms industry
The major opportunities factors of Algeria Defense System Market are as follows:
- Growing Development and Deployment of Unmanned Defense Systems in Emerging Economies
- Technological Advancements in Defense Systems
The major challenges factors of Algeria Defense System Market are as follows:
- Highly Complex Design and Need for Periodic Maintenance of Defense Systems
Reasons to Buy this Report:
1) Obtain the most up to date information available on all Algeria Defense System Market.
2) Identify growth segments and opportunities in the industry.
3) Facilitate decision making on the basis of strong historic and forecast of Algeria Defense System Market.
4) Assess your competitor’s refining portfolio and its evolution.
Increased threat of terrorist act from the Islamic group, al-Qaeda in the Islamic Maghreb (AQIM) operative in north Africa, an arms race with neighboring countries like Morocco and Tunisia, and also the in progress modernization of the armed forces are key factors that have compelled Algeria to bolster its defenses and develop a sturdy defense posture.
With a defense budget of US$ 10.3 Billion in 2017, Algeria is presently the biggest military spender within the African region and also the world’s tenth largest defense importer of military product. Military expenditure is powerfully supported by the presence of the oil and gas industry, wherever the revenues are directed towards strengthening defense and security.
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