United Kingdom Defense Market Outlook 2019-2024 - Growth in the Defense Budget to Achieve NATO's Defense Spending Target Will Be a Major Market Driver - ResearchAndMarkets.com
BAE SYSTEMS PLC S/ADR (BAESY)
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Source: Business Wire
DUBLIN--(BUSINESS WIRE)-- The "United Kingdom (UK) Defense Market Outlook - Growth, Trends, and Forecast (2019 - 2024)" report has been added to ResearchAndMarkets.com's offering. The UK defense market, which accounted for USD 48.38 billion in 2017, is anticipated to register a CAGR of over 1.4% during the forecast period (2019-2024). The study covers all aspects and provides insights about the budget allocation and spending in the UK defense market in the past and the present, along with forecasts for the future. Analysis of the UK Homeland Security is also included within the scope of the report. Select Findings Growth in the defense budget to achieve NATO's defense spending target will be a major driver for the market. Technological advancement will upsurge the demand for the replacement of aging equipment and the procurement of new products,
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