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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
NewArgentina Defense Market Size, Trends, Budget Allocation, Regulations, Acquisitions, Competitive Landscape and Forecast to 2029
Argentina Defense Market - Size and trends, budget allocation, regulations, key acquisitions, competitive landscape and forecast, 2024-2029 report provides the market size forecast and the projected growth rate for the next five years. The report covers industry analysis including the key market drivers, emerging technology trends, and major challenges faced by market participants. It also offers insights regarding key factors and government programs that are expected to influence the demand for military platforms over the forecast period. Argentina’s defense expenditure...
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Analyst Opinions
Decarbonizing Maritime and Aviation Overview by Key Energy Transition Technologies and Case Studies, 2024 Update
Decarbonizing Maritime and Aviation Market Report Overview The automotive sector experiences a strong growth in demand for electric vehicles. However, the aviation and maritime sectors have been slow to decarbonize. To incentivize emission reductions, both sectors have set bold net-zero targets. However, according to the IEA, the sectors remain disoriented. Demand for cost-competitive and energy-dense fuels has led aviation and maritime to represent two of the most difficult to abate sectors. Both sectors will likely need to engage with a...
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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...
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Sector Analysis
Netherlands Defense Market Size, Trends, Budget Allocation, Regulations, Acquisitions, Competitive Landscape and Forecast to 2029
Netherlands Defense Market Report Overview As of 2024, the Netherlands defense budget is worth $22.8 billion. The country’s defense budget experienced a sudden increase in 2024, as the Dutch government adjusted to the reality of war on the European continent. Furthermore, Russia’s invasion of Ukraine has compelled the Netherlands to reinforce its defense posture, as it hopes to deter and defend against further Russian aggression. Against the backdrop of war in Europe, the country’s defense budget will grow at a...
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Thematic Analysis
Net Zero Strategies in Aerospace, Defense, and Security – Thematic Intelligence
Net Zero Strategies in Aerospace, Defense, and Security Thematic Overview Net zero means cutting greenhouse gas emissions (GHG) to as close to zero as possible. Any remaining emission is then ‘offset.’ Firms that achieve net zero emissions are called “carbon neutral.” Companies are under pressure to cut emissions as countries aim to achieve their climate commitments. Primarily, they aim to achieve net zero operations by reducing their Scope 1 and 2 emissions and purchasing offsets. Most airline emissions fall under the...
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Sector Analysis
Bahrain Defense Market Size, Trends, Budget Allocation, Regulations, Acquisitions, Competitive Landscape and Forecast to 2029
Bahrain Defense Market Overview As of 2024, the Bahrain defense budget is worth $1.5 billion. The country’s defense budget will grow at a CAGR of more than 2% during 2025-2029. Modernization efforts and Bahrain’s strained relationship with Iran are the major drivers for defense expenditure. The Bahraini government aims to maintain international and regional security and continue peacekeeping activities. Bahrain Defense Market Outlook, 2024-2029 ($ Billion) Buy the Full Report for More Insights into the Bahrain Defense Market Forecast Download...
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Thematic Analysis
Batteries in Aerospace and Defense – Thematic Intelligence
Batteries in Aerospace and Defense Thematic Report Overview In the coming decades, advancements in energy storage and batteries will play a critical role in the future of aerospace, defense, and security. The development of electric military vehicles, electric aircraft, electric vertical take-off and landing (eVTOL) aircraft, and other electronics will have a sizable impact on warfare. Meanwhile, China’s control of the entire global supply chain, from mines and refiners to component markers and cell producers, is a mounting geopolitical issue....
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Sector Analysis
Colombia Defense Market Size, Trends, Budget Allocation, Regulations, Acquisitions, Competitive Landscape and Forecast to 2029
Columbia Defense Market Report Overview As of 2024, the Columbia defense budget is worth $13.7 billion. The country’s defense budget is expected to grow at a CAGR of more than 6% during 2025-2029. Border disputes, continuous human rights violations, and terrorism are the major drivers for defense expenditure. In 2017, the Venezuelan Armed Forces invaded and forcefully occupied a small part of the Colombian territory in the border area separated by the Arauca River. Columbia Defense Market Outlook, 2024-2029 ($...