1. Market Research
  2. > Aerospace and Defence Market Trends

Global Military Support in Service Platforms Market Assessment

  • May 2014
  • 105 pages
  • Frost & Sullivan
Report ID: 2153843

Summary

Table of Contents

Heavy Maintenance Segment will Dominate the Market in the Forecast Period

The findings of the Global Military Support in Service (SIS) Platforms Market Assessment research service indicate that despite the financial crisis, the military SIS market is relatively immune to austerity measures, which were implemented in many countries across the globe. However, due to economic constraints, Western countries prefer to finance military platform life extension/modernisation programs, which do not only provide more financial flexibility than new platform procurements, but also bridge a technological gap between current and future platform enhanced capabilities. From military end users' point of view, the defence platform modernisation seems to be the way forward at lesser costs than new platforms acquisition for the next decade.

Key Findings

-Frost & Sullivan forecasts show that cumulative military support in service (SIS) platforms in the analysed countries will reach $ million by 2022.
-The findings of the research service indicate that despite the financial crisis, the military SIS platforms market is relatively immune to austerity measures, which were implemented in many countries across the globe.
-The heavy maintenance represents the highest potential revenue for the military support in service sector. The average heavy maintenance sector growth is predicted to be %.
-North America will be the biggest military SIS platforms market among the analysed regions. Despite relatively low CAGR, the region’s cumulative defence expenditure on SIS is expected to be $ million by 2022.
-However, the military SIS platforms market in APAC will register the highest CAGR of % from 2013 to 2022.
oDue to budget constraints, more platform life extension and modernisation/upgrades projects are expected during the forecast period.

Get Industry Insights. Simply.

  • Latest reports & slideshows with insights from top research analysts
  • 60 Million searchable statistics with tables, figures & datasets
  • More than 25,000 trusted sources
  • Single User License — provides access to the report by one individual.
  • Department License — allows you to share the report with up to 5 users
  • Site License — allows the report to be shared amongst all employees in a defined country
  • Corporate License — allows for complete access, globally.

Ahmad helps you find the right report:

Testimonials

The research specialist advised us on the best content for our needs and provided a great report and follow-up, thanks very much we shall look at ReportLinker in the future.

Kate Merrick

Global Marketing Manager at
Eurotherm by Schneider Electric

We were impressed with the support that ReportLinker’s research specialists’ team provided. The report we purchased was useful and provided exactly what we want.

Category Manager at
Ikea

ReportLinker gave access to reliable and useful data while avoiding dispersing resources and spending too much time on unnecessary research.

Executive Director at
PwC Advisory

The customer service was fast, responsive, and 100% professional in all my dealings (...) If we have more research needs, I'll certainly prioritize working with ReportLinker!

Scott Griffith

Vice President Marketing at
Maurice Sporting Goods

The research specialist provided prompt, helpful instructions for accessing ReportLinker's product. He also followed up to make sure everything went smoothly and to ensure an easy transition to the next stage of my research

Jessica P Huffman

Research Associate at
American Transportation Research Institute

Excellent customer service. Very responsive and fast.

Director, Corporate Strategy at
Ingredion

I reached out to ReportLinker for a detailed market study on the Air Treatment industry. The quality of the report, the research specialist’s willingness to solve my queries exceeded my expectations. I would definitely recommend ReportLinker for in-depth industry information.

Mariana Mendoza

Global Platform Senior Manager at
Whirlpool Corporation

Thanks! I like what you've provided and will certainly come back if I need to do further research works.

Bee Hin Png

CEO at
LDR Pte Ltd

The research specialist advised us on the best content for our needs and provided a great report and follow-up, thanks very much we shall look at ReportLinker in the future.

Kate Merrick

Global Marketing Manager at
Eurotherm by Schneider Electric

Purchase Reports From Reputable Market Research Publishers

Military Biometrics Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2017 - 2025

  • $ 5795
  • Industry report
  • April 2017
  • by Transparency Market Research

Global Military Biometrics Market: Overview Biometric systems are becoming increasingly popular in wearable devices such as smart watches, eye glasses and fitness bands. These devices are equipped biometric ...

Man-portable Anti-armor Weapons Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2017 - 2025

  • $ 5795
  • Industry report
  • June 2017
  • by Transparency Market Research

Global Man-portable Anti-armor Weapons Market: Overview The rapid escalation in the defense budgets across the globe and the need to strengthen the respective armed forces, the defense forces are investing ...

Metamaterial Market by Material Type, Application, Vertical and Geography - Global Forecast to 2025

  • $ 5650
  • Industry report
  • April 2017
  • by MarketsandMarkets

“The overall metamaterial market is expected to grow at a CAGR of 63.1%” The overall metamaterial market is expected to reach USD 4,634.8 million by 2025, growing at a CAGR of 63.1% between 2017 and ...


ref:plp2014

Reportlinker.com © Copyright 2017. All rights reserved.

ReportLinker simplifies how Analysts and Decision Makers get industry data for their business.