Led by US, Global Military Infrastructure and Logistics Market Value Set to Increase at 5.9% CAGR Through 2022
FARMINGTON, Conn., June 4, 2012 /PRNewswire-iReach/ — Global Information Inc is pleased to announce the availability of two important reports projecting an optimistic outlook for the global military infrastructure, logistics, training and simulation markets.
The Global Military Infrastructure and Logistics Market 2012-2022
Many nations worldwide are focusing on modernizing their military infrastructures and related logistics. Significant R&D investments have led to the development of new logistics information software, which has enhanced the responsiveness of support providers and has enabled visibility of in-transit items in the military logistics supply chain.
Countries are now moving away from the policy of “brute force logistics,” in which troops were responsible for sorting materials from huge inventories, in favor of a more efficient system that promotes precise accounting of consumption and replenishment in order to maximize efficiency. Major defense spenders such as the US and some countries in Europe are shifting from their respective legacy systems to more advanced platforms in an effort to increase the efficiency of the armed forces.
Meanwhile, companies operating in all areas of defense are looking to diversify their offerings in order to compete for the various contracts on offer and add more revenue streams to their existing lines of business. According to ICD Research’s new report, The Global Military Infrastructure and Logistics Market 2012-2022, the value of the global military infrastructure and logistics market will increase at a compound annual growth rate (CAGR) of 5.69% through 2022.
This report provides detailed analysis of the factors influencing countries to invest or cut expenditure in defense, and also provides complete expectations of growth rates and projected total expenditures through the 2022 forecast period.
A summary for this report and a free sample of the full document are available at http://www.giiresearch.com/report/icd242983-global-military-infrastructure-logistics-market.html
Global Military Training and Simulation Market Assessment
Frost & Sullivan predicts that despite implementation of defence budget cuts in many countries, the military training and simulation market will increase during the forecast period.
In their new market research report, “Global Military Training and Simulation Market Assessment“, Frost & Sullivan provides a complete overview of the military training and simulation market with forecast and trends, including external challenges and competitive analysis. Segment breakdowns are provided by air, land and maritime, and regional breakdowns are provided for the following countries: U.S., Canada, Brazil, Colombia, U.K., France, Germany, Poland, The Netherlands, Turkey, Saudi Arabia, UAE, India, South Korea, and Australia.
A summary for this report and a free sample of the full document are available at http://www.giiresearch.com/report/fs242219-global-military-training-simulation-market.html
About Global Information Inc. Global Information (GII) (http://www.giiresearch.com) is an information service company partnering with over 300 research companies around the world. Global Information has been in the business of distributing technical and market research for more than 25 years. Expanded from its original headquarters in Japan, Global Information now has offices in Korea, Taiwan, Singapore, Europe and the United States.
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SOURCE Global Information, Inc.