Defense Spending in Russia

SKU ID : ML- 11538540

Publishing Date : 14-Dec-2017

No. of pages : 34

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  • Defense Spending in Russia

    Summary

    Defense Spending in Russia industry profile provides top-line qualitative and quantitative summary information including: market size (value and volume 2013-17, and forecast to 2022). The profile also contains descriptions of the leading players including key financial metrics and analysis of competitive pressures within the market.

    Synopsis

    Essential resource for top-line data and analysis covering the Russia defense spending market. Includes market size and segmentation data, textual and graphical analysis of market growth trends, leading companies and macroeconomic information.

    Key Highlights

    Defense spending covers capital items, military personnel, government defense agencies, and related expenditure on defense and peacekeeping. The value of the market is taken to include both current and capital expenditure on the armed forces (including funding contributions to peacekeeping forces, such as the United Nations Peacekeeping Forces), defense ministries and other government agencies engaged in defense projects, paramilitary forces (when judged to be trained and equipped for military operations) and military space activities. Expenditure on personnel (including salaries and social services of both military and civil personnel, and retirement pensions of military personnel), procurement, research and development, infrastructure spending, military aid (taken as expenditure by the donor country) and general operations and maintenance are also included. Note that current expenditure on previous military activity such as veterans' benefits, weapon destruction, demobilization, and defense conversion are all excluded, as is expenditure on civil defense.

    The Russian defense spending market is expected to generate total budget allocation of $78.9bn in 2017, representing a compound annual growth rate (CAGR) of 17.1% between 2013 and 2017.

    Market volume is forecast to increase with a CAGR of 1% between 2013 and 2017, to reach a total of 1.3 million armed forces personnel in 2017.

    Since 2011 the Russian government has sought a modernization drive of the Russian armed forces, targeting 70% modernization by 2020. 2015's spike in particular was driven by Russian intervention in the Syrian civil war, when asked by the Syrian government for assistance.

    Scope

    - Save time carrying out entry-level research by identifying the size, growth, major segments, and leading players in the defense spending market in Russia
    - Use the Five Forces analysis to determine the competitive intensity and therefore attractiveness of the defense spending market in Russia
    - Leading company profiles reveal details of key defense spending market players’ global operations and financial performance
    - Add weight to presentations and pitches by understanding the future growth prospects of the Russia defense spending market with five year forecasts by both value and volume

    Reasons to buy

    - What was the size of the Russia defense spending market by value in 2017?
    - What will be the size of the Russia defense spending market in 2022?
    - What factors are affecting the strength of competition in the Russia defense spending market?
    - How has the market performed over the last five years?
    - What are the main segments that make up Russia's defense spending market?

    Frequently Asked Questions



    This market study covers the global and regional market with an in-depth analysis of the overall growth prospects in the market. Furthermore, it sheds light on the comprehensive competitive landscape of the global market. The report further offers a dashboard overview of leading companies encompassing their successful marketing strategies, market contribution, recent developments in both historic and present contexts.

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