How Will U.S. Military and Defense Suppliers Cope As Threat of Sequestration Nears?
FARMINGTON, Conn., Jan. 29, 2013 /PRNewswire-iReach/ -- With budgets under pressure in America as sequestration still looms on the horizon and withdrawal from foreign commitments becomes a reality, areas of growth in defense spending are few and far between. In Europe, states are struggling to stay out of recession and public expenditure is being slashed.
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Global CBRN Defense Market 2013-2023: Chemical, Biological, Radiological & Nuclear Detection Equipment
The global CBRN defense market will be worth $8713.6 million in 2013. Despite continued downward pressure on CBRN defense budgets on both sides of the Atlantic, we're seeing evidence that spending in the market is continuing to grow. This is partly due to the entrenched nature of CBRN defense spending in the biggest national markets; spending growth has been so strong in the past that large sums can be 'saved' from future budgets while nonetheless maintaining budget increases year to year. This means that any decline in American emphasis on CBRN defense will be felt only extremely gradually.
An Executive Summary for this report and free sample pages from the full document are available at http://www.giiresearch.com/report/kt259668-global-cbrn-defense-market-chemical-biological.html
The Global Military Satellites Market 2012-2022
Increasing use of Commercial-Off-The-Shelf (COTS) equipment in the military sector has led to increasing military satellite bandwidth through hosted payloads from commercial satellite providers. Hosted payloads are components attached to commercial satellites, which are designed to function independently of the host satellites, while at the same time sharing its resources. These enhancements can be used for numerous applications of satellites mainly including military communication and ISR.
The current situation of defense budget cuts across most of the countries is expected to persist during the forecast period. In this scenario, the defense departments around the world are exploring and inviting new alternatives for reducing their costs. Apart from pushing back their project timelines, utilization of COTS equipment is a potential choice for the government. Thus, the military satellite industry is gradually undergoing a transition towards selecting commercial providers against defense suppliers for its programs.
The North American and European regions account for an estimated 80% of global defense spending. These countries were, however, among the hardest hit by the global financial crisis. This has led to austerity measures being introduced by national governments, which in turn have resulted in reduced defense budgets and the cancellation and indefinite delay of various military satellite programs. The countries such as the US, France, Germany among others, which contribute significantly to the global military satellites market, are experiencing substantial defense budget cuts. This is forcing the defense departments of these countries to realign their spending strategies on satellites.
An Executive Summary for this report and free sample pages from the full document are available at http://www.giiresearch.com/report/sdi260621-global-military-satellites-market.html
Global Border Security Market 2013-2023: UAVs, UGVs and Perimeter Surveillance Systems
The value of the global border security market will reach $19.34 billion in 2013. Border security systems, equipment, and services remain one of the most important and significant areas of investment for improving and maintaining strong national security infrastructure. Despite budgetary constraints and the sharing of resources from growth in multi-government border projects, investments will continue in areas such as unmanned technology and advanced IT systems including biometrics and networked border surveillance protection.
An Executive Summary for this report and free sample pages from the full document are available at http://www.giiresearch.com/report/kt259667-global-border-security-market-uavs-ugvs-perimeter.html
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