Future of the Georgian Defense Industry: New research report available at Fast Market Research

The Georgian defense market will be driven by the need to fulfill interoperability requirements with NATO, the modernization of its armed forces and upgrading military hardware, and the threats posed by Russia. In addition, the capital expenditure allocation is anticipated to average 12% of the total defense budget during 2016-2020 and defense equipment procurement is expected to be in the areas of military helicopters, armored vehicles, fighter aircraft and missile defense systems, and anti-tank and anti-aircraft capabilities.

Key Findings

* During 2011-2015, Georgian defense expenditure registered growth of -8.73%, declining from US$422 million in 2011 to US$292.8 million in 2015
* Military expenditure is anticipated to register a CAGR of 2.31% during 2016-2020, to value US$326.7 million in 2020
* The need to fulfill interoperability requirements with NATO, the modernization of the armed forces and upgrading military hardware, and the threats posed by Russia are expected to drive defense expenditure over the forecast period
* Demand for equipment is mainly expected to revolve around military helicopters, armored vehicles, fighter aircraft and missile defense systems, and anti-tank and anti-aircraft capabilities during 2016-2020

Full Report Details at
- http://www.fastmr.com/prod/1045190_future_of_georgian_defense.aspx?afid=301

Report Synopsis
Strategic Defense Intelligence's report - Future of the Georgian Defense Industry - Market Attractiveness, Competitive Landscape and Forecasts to 2020 offers detailed analysis of the industry with market size forecasts for the period 2016-2020. This report will also analyze factors that influence demand in the industry, key market trends, and challenges faced by industry participants is covered.

In particular, it provides an in-depth analysis of the following:

* Defense industry market size and drivers: detailed analysis of the defense industry during 2016-2020, including highlights of the demand drivers and growth stimulators. It also provides a snapshot of the country's expenditure and modernization patterns
* Budget allocation and key challenges: insights into procurement schedules formulated within the country and a breakdown of the defense budget with respect to the army, navy, and air force. It also details the key challenges faced by defense market participants within the country
* Porter's Five Force analysis of the defense industry: analysis of the market characteristics by determining the bargaining power of suppliers, buyers, threat of substitution, intensity of rivalry, and barriers to entry
* Import and Export Dynamics: analysis of prevalent trends in the country's imports and exports over the last five years
* Market opportunities: details of the top five defense investment opportunities from 2015 to 2025

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