Search results for: 'spend reaching'

The war in Ukraine that began in February 2022 shifted the European defense ecosystem and market by increasing spending and contract awards. Military modernization is now a spending priority for most European countries to defend against current threats. Joint frameworks, such as the North Atlantic Treaty Organization (NATO) and the European Uni...

European economies had a challenging 2022 due to the onset of the Russo-Ukrainian War and the heightened inflationary pressure. The war impacted national security and weighed heavily on regional companies' economic performance. Historic price levels mandated monetary policy tightening as energy and fuel prices reduced consumer spending. Moreover, r...

This study highlights the European military helicopter market and the latest European modernization needs for short- and long-term legacy platforms. Europe needs a new generation of helicopters, and the region is starting a massive modernization program to develop new employment and technology concepts. This new program, the Next Generation Rotorcr...

Heavy duty (HD) commercial vehicles sales in Turkey are expected to decline over 2017–2022. The market is expected to record a CAGR of (0.6%) during this period and market recovery is projected 2020 onwards. In 2022, sales are projected to reach 15.3 thousand units. While Istanbul is a leader in terms of tractor sales, Ankara is the main market for...

20 Jun 2022  |  Europe  |  Market Research

European Indoor Virtual Weapon Training Growth Opportunities

Geopolitical Chaos Driving Defense Spending and the Need for Deployable Training Solutions

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Traditionally, small arms and heavy weapons training (heavy machine guns, mortars, and anti-tank/anti-air systems) takes place in specialized outdoor ranges using live ammunition and physical targets. However, it is inherently expensive to supply and use live ammunition and places logistical strain on getting trainees to and from these locations. T...

This research service analyzes the European market for chromatography instruments and covers gas, liquid, and ion chromatography technologies/instruments. Germany, the United Kingdom, France, Italy, Switzerland, Russia, Benelux, Scandinavia, and the rest of Europe (ROE) countries are the regions included in the scope of this research. Benelux i...

The Benelux personal protection equipment (PPE) market generated a revenue of € 595.3 million in 2018 and is expected to expand at a compound annual growth rate (CAGR) of 2.9% to reach € 686.2 million in 2023. The market is analyzed in terms of 8 product categories: Above-the-neck protection, protective apparel, respiratory protection, disposable h...

Norway is one of the best-performing Nordic economies, and it is driven by public consumption. The steady economic growth is ensured by a stable banking system, a regulatory environment that encourages entrepreneurial activity, and monetary solidity. Economic growth will strengthen gradually until 2018, supported by a rebound in non-oil investment ...

This energy profile provides a detailed insight into the energy sector of Turkey in the current scenario and also presents an energy forecast between the years 2018 to 2030. The global energy sector has seen a drastic transformation in recent years and with the advancement of new technologies and energy systems, it is moving towards creating a re...