Global Military Support in Service Platforms Market Assessment

Heavy Maintenance Segment will Dominate the Market in the Forecast Period

  • Research Code : M98D-01-00-00-00
  • SKU : AE00022-GL-MR_00022
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  • Release Date : 28-May-2014
  • Region : Global
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The findings of the Global Military Support in Service (SIS) Platforms Market Assessment research service indicate that despite the financial crisis, the military SIS market is relatively immune to austerity measures, which were implemented in many countries across the globe. However, due to economic constraints, Western countries prefer to finance military platform life extension/modernisation programs, which do not only provide more financial flexibility than new platform procurements, but also bridge a technological gap between current and future platform enhanced capabilities. From military end users' point of view, the defence platform modernisation seems to be the way forward at lesser costs than new platforms acquisition for the next decade.

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