Steady growth is projected in the next decade for military leasing markets, according to a 167-page report from market research firm VisionGain. The market study, “Military Leasing Market Report 2016-2026,” points to unstable defense budgets as the main reason why many nations are seeking the short-term savings of more flexible equipment and services procurement options. The military leasing market was targeted at almost $9 billion globally for 2016.
The study projection contains 185 tables, charts, and graphs. It features full global coverage of key defense market areas, including the United States, France, the United Kingdom, Israel, Germany, Australia, and Japan. It includes forecasts for five submarkets, including naval vessels, manned aircraft, ground platforms, and unmanned systems.
The market projections provide estimated values for such procurements as manned aircraft (such as fighters and bombers), unmanned aerial vehicles (UAVs), unmanned ground vehicles (UGVs), and ground platforms (including transportation vehicles and communications systems). The report also provides profiles of leading companies in these markets, including Airbus Group SE, AirTanker, General Dynamics Corp., Israel Aerospace Industries, and Thales Group.