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Venezuelan Defense Industry Report 2018 - Market Attractiveness, Competitive Landscape and Forecasts to 2023 - ResearchAndMarkets.com

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The "Future
of the Venezuelan Defense Industry - Market Attractiveness, Competitive
Landscape and Forecasts to 2023"
report has been added to ResearchAndMarkets.com's
offering.

The Future of the Venezuelan Defense Industry - Market Attractiveness,
Competitive Landscape and Forecasts to 2023, published by It, provides
readers with detailed analysis of both historic and forecast defense
industry values, factors influencing demand, the challenges faced by
industry participants, analysis of industry leading companies, and key
news.

This report offers detailed analysis of the Venezuelan defense industry
with market size forecasts covering the next five years. This report
will also analyze factors that influence demand for the industry, key
market trends, and challenges faced by industry participants.

Scope

  • With a defense budget of US$1.77 billion in 2018, Venezuela was
    amongst the largest arms importers in Latin America and accounted for
    nearly one-third of the military goods imported in the region.
  • However, the relatively small growth rate can be attributed to the
    country's prevailing unstable economic condition.
  • Defense expenditure in Venezuela is expected to register a CAGR of
    0.32% to grow marginally from US$1.78 billion to US$1.80 billion by
    2023, reflecting a CAGR of 0.32%.
  • As a percentage of GDP, defense expenditure is expected to decline to
    an average of 2.2% over the forecast period from an average of 3%
    during the historic period.

Companies Mentioned

  • G & F Tecnologia CA
  • ASTIMARCA
  • CIDAE
  • MAZVEN

For more information about this report visit https://www.researchandmarkets.com/research/46m4ss/venezuelan?w=4

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