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Greek Defense Market 2016:Industry Insights, Statistics, Study and forecasts to 2020

Market Research Report on Greek Defense Market 2016 is a professional and in-depth complete study on the current state of the Greek Defense worldwide.

The Greek defense Market will be driven by the country's strained relationship with Turkey over a territorial dispute in the Cyprus region, along with a sovereignty rights issue in the Gulf of Aegean. In addition, the capital expenditure allocation is anticipated to average 27.5% of the total defense budget during 2016-2020 and defense equipment procurements are expected to be in the areas of frigates, submarines, corvettes, and multi-role aircraft MRO services

Strategic Defense Intelligence's report - Future of the Greek Defense Industry - Market Attractiveness, Competitive Landscape and Forecasts to 2020 offers detailed analysis of the industry with Market size forecasts from 2016-2020. This report will also analyze factors that influence demand in the industry, key Market trends, and challenges faced by industry participants.

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Key Findings
- During 2011-2015, Greek defense expenditure registered a growth rate of -7.53%, declining from US$5 billion in 2011 to US$3.7 billion in 2015

- Military expenditure is anticipated to register a CAGR of 2.75% during 2016-2020, to value US$4 billion in 2020

- The country's strained relationship with Turkey over a territorial dispute in the Cyprus region, along with a sovereignty rights issue in the Gulf of Aegean are expected to drive defense expenditure over the forecast period

- Demand for equipment is mainly expected to revolve around frigates, submarines, corvettes, and multi-role aircraft and MRO services during 2016-2020

Table Of Content Of Greek Defense Market :

1 Introduction
1.1 What is this Report About?
1.2 Definitions
1.3 Summary Methodology
1.4 SDI Terrorism Index
1.5 About Strategic Defense Intelligence

2 Executive Summary

3 Market Attractiveness and Emerging Opportunities
3.1 Defense Market Size Historical and Forecast
3.1.1 Greece is expected to invest US$18.7 billion in defense over the forecast period
3.1.2 Conflict with Turkey and military modernization will drive Greek defense expenditure over the forecast period
3.1.3 Greek defense expenditure as a percentage of GDP is anticipated to decline during the forecast period
3.2 Analysis of Defense Budget Allocation
3.2.1 Capital expenditure share in the defense budget to increase over the forecast period
3.2.2 Greece expected to invest US$5.1 billion in the acquisition of defense equipment over the forecast period
3.2.3 Defense expenditure allocation for the army and air force expected to be strong
3.2.4 Hellenic Army expenditure expected to increase over the forecast period
3.2.5 Hellenic Air Force expenditure expected to increase over the next five years
3.2.6 Naval expenditure expected to recover over the forecast period
3.2.7 Per-capita defense expenditure expected to increase over the forecast period
3.3 Homeland Security Market Size and Forecast
3.3.1 Homeland security Market to record a CAGR of 1.01% during 2016-2020

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