Bangladeshi Defense budget to increase from US$3.9 billion in 2019 to US$6 billion in 2023, at CAGR of 11.60%.
The report Future of Bangladeshi Defense Industry offers detailed analysis of the Bangladeshi defense industry with market size forecasts covering the next five years, also analyze factors that influence demand for the industry, key market trends, and challenges faced by industry participants.
Report provides an in-depth analysis of the following:
Bangladeshi defense industry market size and drivers
Budget allocation and key challenges
Import and Export Dynamics
Market opportunities
Competitive landscape
Scope:
- Defense expenditure registered a CAGR of 10.72% during 2014-2018.
- country allocated US$2.3 billion to its defense sector in 2014, which increased to US$3.5 billion in 2018.
- Over the forecast period, the defense budget is projected to increase from US$3.9 billion in 2019 to US$6 billion in 2023, at a CAGR of 11.60%. Despite a rapidly growing population, the country’s per capita defense expenditure is also expected to increase from US$23.1 in 2019 to US$34.4 in 2023.
Reasons to buy:
- This report will give the user confidence to make the correct business decisions based on a detailed analysis of the Bangladeshi defense industry market trends for the coming five years
- The market opportunity section will inform the user about the various military requirements that are expected to generate revenues during the forecast period. The description includes technical specifications, recent orders, and the expected investment pattern by the country during the forecast period
- Profiles of the top domestic and foreign defense manufacturers . This will provide the user with a total competitive landscape of the sector
- A deep qualitative analysis of the Bangladeshi defense industry covering sections including demand drivers, Key Trends , and latest industry contracts
Category: Defence Market Research
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