Research and Markets: Future of the Omani Defense Industry 2015-2020 - Market Attractiveness, Competitive Landscape and Forecasts

DUBLIN--()--Research and Markets (http://www.researchandmarkets.com/research/9gp6f4/future_of_the) has announced the addition of the "Future of the Omani Defense Industry - Market Attractiveness, Competitive Landscape and Forecasts to 2020" report to their offering.

The Omani defense market will be driven by an arms race in the region with a focus to modernize its military by procuring advanced defense systems. In addition, the capital expenditure allocation is anticipated to average 35.7% of the total defense budget during 2016-2020 and defense equipment procurements are expected to be in the areas of multi-role aircraft, missile defense systems, armored vehicles, and military rotorcraft.

Key Findings

- During 2011-2015, Omani defense expenditure registered a growth rate of 23.19%, increasing from US$4.3 billion in 2011 to US$9.9 billion in 2015

- Military expenditure is anticipated to register a CAGR of 2.85% during 2016-2020, to value US$11.5 billion in 2020

- Dominance of the UK and the US as defense suppliers and lack of skilled laborers possess challenges for the Omani defense market

- Demand for equipment is mainly expected to revolve around multi-role aircraft, missile defense systems, armored vehicles, and military rotorcraft during 2016-2020

Key Topics Covered:

1. Introduction

2. Executive Summary

3. Market Attractiveness and Emerging Opportunities

4. Defense Procurement Market Dynamics

5. Industry Dynamics

6. Market Entry Strategy

7. Competitive Landscape and Strategic Insights

8. Business Environment and Country Risk

9. Appendix

Companies Mentioned

- BAE Systems Plc

- Lockheed Martin

- NHIndustries (NHI)

- Raytheon

For more information visit http://www.researchandmarkets.com/research/9gp6f4/future_of_the.

Contacts

Research and Markets
Laura Wood, Senior Manager
press@researchandmarkets.com
For EST Office Hours Call 1-917-300-0470
For U.S./CAN Toll Free Call 1-800-526-8630
For GMT Office Hours Call +353-1-416-8900
U.S. Fax: 646-607-1907
Fax (outside U.S.): +353-1-481-1716
Sector: Aerospace and Defence

Contacts

Research and Markets
Laura Wood, Senior Manager
press@researchandmarkets.com
For EST Office Hours Call 1-917-300-0470
For U.S./CAN Toll Free Call 1-800-526-8630
For GMT Office Hours Call +353-1-416-8900
U.S. Fax: 646-607-1907
Fax (outside U.S.): +353-1-481-1716
Sector: Aerospace and Defence