DUBLIN--(BUSINESS WIRE)--The "Global Military Infrastructure and Logistics Market - By Solution, Geography and Vendors - Market Shares, Forecasts and Trends (2018-2023)" report has been added to Research and Markets' offering.
The Global Military Infrastructure and Logistics Market is estimated to value $39.05 billion in 2015 and expected to grow at a CAGR of 1.47% during the forecast period to reach $42 billion by 2020.
In a world of uncertain requirements, militaries globally are forced to adapt their supply chains and the life cycle management of their assets. Military Infrastructure and Logistics services are an essential element for functioning of the armed forces. Timely delivery and supply of essential materials such as ration, equipment, arms and ammunition to the military bases for their sustained operation are very vital for functioning. Effective infrastructure and logistics services act as pillars of the military around the globe. The global defense industry is investing significantly into research and development, to support the defense organizations for timely delivery of essential materials. This has also enhanced the degree of responsiveness and better visibility of in-transit items in the military logistic.
North America and Asia Pacific are emerging as top military infrastructure and logistics market with a cumulative market share of more than 40%. Emerging nations such as Brazil, India, and China are placing military infrastructure and logistics on top of their priority list. Cross border terrorism and security threats among different nations have increased the requirement of better military infrastructure and logistics services.
Technological innovation, modernization of military infrastructure and logistics, security threats, increasing support to military personnel are the major drivers of the Global Military Infrastructure and Logistics Market.
Market Drivers:
- Technological innovation
- Modernization of military infrastructure and logistics
- Increasing security threats
- Increasing support to military personnel
Companies Mentioned
- Aecom
- Kbr
- Fluor Corporation
- Anham
- Klinge Corporation
Key Topics Covered:
1. Introduction
2. Executive Summary
3. Key Findings Of The Study
4. Market Dynamics
5. Market Analysis & Forecast
6. Investment Analysis
For more information about this report visit https://www.researchandmarkets.com/research/vkdxgw/global_military
