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Innovation Ranking
NewInnovation Ranking – AVIC Aircraft Co Ltd
AVIC Xi'an Aircraft Industry Group Co Ltd (AVIC Aircraft), a subsidiary of Aviation Industry Corp of China Ltd, is involved in the production and sales of aircraft products. The company manufactures aircraft, aviation materials, aircraft parts, ground equipment, technical equipment, automotive parts, power equipment, aluminum alloy products, and carbon materials for military and civil use. It also involved in aircraft leasing, flight maintenance and also services, ventilating projects and urban heating, export and import processing, customer training and other businesses....
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Track & Monitor
Environment sustainability in defence: Hybrid electric aircraft
Our team of industry experts has meticulously researched and analyzed the latest trends, innovations and emerging technologies in the defence industry’s Hybrid electric aircraft segment. By leveraging our report, you will gain invaluable insights that can revolutionise your business strategies and give you a competitive edge. Note: This is an “on-demand” report and will be delivered within 2 to 4 business days (excluding weekends and holidays) of the purchase. Certain sections in the report may be removed or altered based...
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Company Insights
NewAir France – Digital Transformation Strategies
Air France-KLM Digital Transformation Strategies Overview Air France has been focusing on using artificial intelligence, the Internet of Things (IoT), cloud-based mobile applications, big data, and drones to digitally transform its operations. The annual ICT spending of Air France was estimated at $911.8 million for 2023. A major share of this spending is earmarked for acquiring software, hardware, and ICT services from vendors. Air France-KLM is an international airline group specializing in air passenger transport, cargo transport, and aircraft maintenance....
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Sector Analysis
NewEgypt Defense Market Size, Trends, Budget Allocation, Regulations, Acquisitions, Competitive Landscape and Forecast to 2029
Egypt Defense Market Report Overview In 2024, Egypt's defense budget is worth $5.2 billion, inclusive of US military aid. The country’s defense budget will grow at a CAGR of more than 3% during 2025-2029. Egypt’s increasing military expenditure is reflected in an ongoing modernization effort to counter terrorism in the Sinai Peninsula, strained relations with Ethiopia, political turmoil following the democratic revolution, and maritime security concerns over the Suez Canal. Furthermore, the country’s strained relations with Ethiopia over the construction...
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Sector Analysis
NewHungary Defense Market Size, Trends, Budget Allocation, Regulations, Acquisitions, Competitive Landscape and Forecast to 2029
Hungary Defense Market Report Overview In 2024, Hungary's defense budget is worth $4.6 billion. The country’s defense budget will grow at a CAGR of more than 6% during 2025-2029. The largest component of Hungary’s defense expenditure every year is acquisition. This is the result of the ongoing Zrínyi Modernization Program to update Hungary’s aging military equipment, much of which is still a holdover from the Soviet era. Hungary Defense Market Outlook, 2024-2029 ($ Billion) Buy the Full Report for More...
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Sector Analysis
NewQatar Defense Market Size, Trends, Budget Allocation, Regulations, Acquisitions, Competitive Landscape and Forecast to 2029
Qatar Defense Market Report Overview In 2024, Qatar's defense budget is worth $14.4 billion. The country’s defense budget will grow at a CAGR of more than 6% during 2025-2029. The arms race in the Middle East region, modernization initiatives, the threat of Iranian missiles, and Qatar's diplomatic disputes are driving arms procurement in the country. Additionally, Qatar is spending billions of dollars to increase its military power, especially its air force capabilities. Amidst the ongoing diplomatic crisis, the country had...
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Sector Analysis
NewUnited Arab Emirates (UAE) Defense Market Size, Trends, Budget Allocation, Regulations, Acquisitions, Competitive Landscape and Forecast to 2029
United Arab Emirates (UAE) Defense Market Report Overview The United Arab Emirates (UAE) defense budget is estimated to be valued at $25 billion in 2024, due to the need to finance procurements. The country’s defense budget will grow at a CAGR of more than 4% during 2025-2029, owing to the need to modernize the UAE Defense and Security Forces, with specific emphasis on counter-insurgency measures. United Arab Emirates (UAE) Defense Market Outlook, 2024-2029 ($ Billion) Buy the Full Report for...
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Sector Analysis
NewOman Defense Market Size, Trends, Budget Allocation, Regulations, Acquisitions, Competitive Landscape and Forecast to 2029
Oman Defense Market Report Overview The Oman defense budget is $8 billion in 2024. The country’s defense budget will grow at a CAGR of more than 2% during 2025-2029. This can be attributed to the rising arms race in the region to intercept the growing turbulence in neighboring countries such as Syria and Yemen. In addition, the increase in oil prices will facilitate increases in Oman's defense budget. Oman Defense Market Outlook, 2024-2029 ($ Billion) Buy the Full Report for...
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Sector Analysis
Philippines Defense Market Size, Trends, Budget Allocation, Regulations, Acquisitions, Competitive Landscape and Forecast to 2029
Philippines Defense Market Report Overview The Philippines defense budget is worth $4.1 billion in 2024 and is expected to register a robust CAGR of more than 6% during 2025-2029. Territorial claims in the South China Sea and the increasing strength and assertiveness of the Chinese armed forces have spurred the Philippines government to enhance its military capabilities, driving the Philippines’s defense expenditure. Additionally, the Philippines is planning to replace its obsolete equipment to combat the modern threat scenario. The country...
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Sector Analysis
Vietnam Defense Market Size, Trends, Budget Allocation, Regulations, Acquisitions, Competitive Landscape and Forecast to 2029
Vietnam Defense Market Report Overview The Vietnam defense budget is worth $7.8 billion in 2024 and is forecast to register a robust CAGR of more than 5% during 2025-2029. Territorial claims in the South China Sea and the increasing strength and assertiveness of the Chinese armed forces have spurred the Vietnamese government to enhance its military capabilities, driving Vietnam’s defense expenditure. Additionally, Vietnam is planning to replace its obsolete equipment to combat the modern threat scenario. The country is expected...