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Showing posts with the label Military economy

Asia’s largest defense spenders

For those who are unfamiliar , Asia’s largest defense spender, China, revealed plans to procure more attack submarines and nuclear-armed submarines. The country is also seen to be working on a modernized SSBN platform and long-range missiles. To counter China's development plans, the Indian government remains committed to scaling up the number of operational submarines. Countries such as Japan, South Korea, Pakistan, Australia, and Taiwan are also making significant investments in this domain.

Submarines are used for ensuring a high level of naval defense

I have a pleasure to recall that , there are increasing possibilities of undersea attacks as security measures become stricter around international borders. Countries that are situated along coastlines need to protect themselves from such threats. These countries are investing in building their maritime defense capabilities in the interest of national security. Of all the other naval platforms, submarines are used for ensuring a high level of naval defense . This is due to its capabilities to launch covert counter attacks and its ability to stay submerged for extended periods without being detected .

The replacement of old submarines with new ones offers multiple advantages

For those who are unfamiliar , the average life span of a submarine is around 40 years, and prolonged usage beyond this time would lead to high maintenance expenses and risks. The replacement of old submarines with new ones offers multiple advantages in terms of high performance and efficiency. It is also considered a cost-effective measure for governments in the long run. Therefore, several countries have undertaken submarine development and procurement projects to replace the old ones so that they remain at par with their adversaries in terms of military capabilities.

Implement security systems that can work around the clock

One can observe that, constantly increasing threat on national and intrinsic security has initiated the implementation of stringent measures and deployment of advanced security systems. In fact , as the number of personnel deployed for defense and security is limited, a constant threat looms over a country's security. The number of incidences inside the national boundary and borders has made it important to implement security systems that can work around the clock.

Here is why defense authorities are defining different fitness training methods for different army vocations

It is now obvious that, Soldiers in different vocations perform different tasks, which require different levels of effort. Therefore, defense authorities are not only defining different fitness training methods for different army vocations but trainees are also being provided with customized equipment for maintaining physical and mental fitness.

Here is why military organizations are increasingly dependent on fitness equipment

For those who are unfamiliar , earlier, military organizations were not much dependent on fitness equipment to maintain and improve personal fitness. But, now with the growing challenges related to physical and mental fitness, and technological advancements, military organizations are compelled to keep up and thus, develop scientific approaches to maintain the health and fitness of personnel using advanced fitness equipment.

Asia Pacific region is expected to account for the highest spending on military infrastructure and logistics globally

All the serious investigations indicate that , Asia Pacific region is expected to account for the highest spending on military infrastructure and logistics globally, followed by North America. Europe agrees to create its defense fund.  According to Research and Markets , China's growing insolence in territorial disputes with its neighbors, and ongoing regional rivalries among Asian countries, and strong economic growth are the primary drivers of the region's military infrastructure and logistics market, which is forecast to grow at a CAGR of 2.71%, to reach US$16.4 Billion by 2027.

Global military infrastructure and logistics market is expected to value US$51.8 Billion by 2027

Stakes are more and more pressing so that, Research and Markets predicts that, the global military infrastructure and logistics market will value US$37.8 Billion in 2017, and will grow at a CAGR of 3.21%, to value US$51.8 Billion by 2027. The firm also predicts that , the logistics modernization initiatives undertaken by several of world's armed forces are also expected to be one of the key drivers for the growth of the market.

US, Russia, China, and India involved in mammoth costs regarding Military Infrastructure and Logistics

Competition, stakes, realities and challenges are steadily huge when it comes to protect its maritime interests; prevent various regional and territorial conflicts as well as to contain the cross border crimes and infiltration of terrorists, to name a few. Therefore, the number of strategic overseas bases and the infrastructure modernization initiatives are peaking, involving colossal costs being undertaken by countries such as the US, Russia, China, and India. One can observe that , US already have the largest number of overseas bases across the world, and China has been planning to construct overseas bases to protect its maritime interests. India has been spending heavily on constructing roads, air bases and related infrastructure to safeguard its high altitude Northern and Eastern borders.

Growing deployment of snipers in war zones

Nowadays , Snipers are regarded as a very important unit in the military forces. The US Army imparts extensive training in the form of sniper equipment, marksmanship, sniper tactics, a collection of battlefield-related intelligence, stalking, and other sniper-related skills. The snipers are also skilled in forming a camouflage and shielding themselves from the enemy and attack from an advantageous point. A special type of suit called the ghillie suit helps them to blend into the surrounding area, such as snow, foliage, or sand, and conceal themselves from enemy targets. According to Technavio Research , the rising demand for snipers will propel the global military camouflage uniform market growth.

The military strength of India and paramilitary organizations

I have a pleasure to recall that , for maintaining the national safety, security, and integrity of a nation, most of the countries have a sizeable number of paramilitary forces, in addition to their armed forces. The military strength of India is over 1.3 million, making it the third-largest armed force. India also harbors over  one million paramilitary organizations , which includes Border Security Force, Indo-Tibetan border police (ITBP), Central Reserve Police Force (CRPF), National Security Force, Central Industrial Security Force (CISF), Garud Command Force (GCF), and Indian Coast Guard. 

Here is what is driving the demand for the global military camouflage uniform market

One can clearly observe that, The growing massive numbers of troops across the border to safeguard one’s country is among key factors driving the demand for the global military camouflage uniform market. With time, the global military camouflage uniform market is undergoing advancements with respect to the functional aspect of fabrics used to produce military uniforms. Technavio Research revealed that , the US Army entered a USD 0.24 million contract with NanoMech, an advanced nanotechnology platform-based engineering company, in September 2016. The contract required the development and evaluation of advanced multi-functional textiles using NanoMech's proprietary and patent-pending technology platform, nGuard. Among top vendors, respectively, we have: American Apparel Crye Precision DuPont IBENA Textilwerke Royal TenCate

The global Military Laser Designator Market from 2017 to 2021

With a favorable context, the global Military Laser Designator Market is on an interesting curve in terms of growth, competition and innovation. One can observe that , the market is highly competitive, with all the players competing to gain the maximum market share. Rapid advances in technology, intense competition, and frequent changes in government policies and environmental regulations are key factors that confront market growth. Vendors compete based on cost, reliability, product quality, and aftermarket service. According to Technavio Research , it is crucial for vendors to provide cost-effective and high-quality military laser designator systems to survive and succeed in this intensely competitive market environment. Its recent report also states that government organizations such as the US Department of Defense, the European Union, and the UK MoD, which serve as certification bodies, encourage the development of such military laser designator systems as they add...

The global naval ISR market is gaining momentum to armed forces

Analysts agree on the steady reality that, the global naval ISR market is gaining momentum due to increasing maritime tensions and rapid development of high-end naval vessels by countries . In effect , as modern combats involve a greater emphasis on surveillance and intelligence and information gathering with respect to enemy movement, armed forces are largely focusing on the incorporation and integration of sophisticated and advanced sensor systems into their naval vessels. According to Research and Markets, one trend in market is open architecture naval ISR systems . For those who are unfamiliar, an open architecture naval ISR system is one that enables easy introduction of new interfaces and new modes of interaction . One can observe that, the easy introduction is possible by ensuring simplicity of design and connectivity at minimum cost and with minimum impact on existing system components through the use of widely accepted hardware and system software standards, standard a...

Here is why defense ministries shift their focus on simulation and virtual training methodology

In our ever-connected era with disruptive threats such as extremism and terrorism, defense and security forces face lots of challenges. Real-time military training is steadily expensive; one of the important factors that contribute toward the growth of global military simulation and virtual training market. In effect, in real-time military training, the costs associated with fuel for aerial military platforms, procurement of training ammunition, wear and tear of the fleet as a result of continuous flying, are very high . These sessions are risky at times, eventually exerting pressure on funding . This has made the defense ministries to shift their focus on simulation and virtual training methodology . In addition, the defense budget sequestrations over the last few years have fueled the demand for innovative simulation and training systems for the military. According to Research and Markets, key vendors include CAE, L3 Link Simulation & Training, Lockheed Martin, R...

Growing focus on development of eco-friendly aircraft

Very exciting to see that, new aircraft are now fabricated largely with composites and super metal alloys. The development of eco-friendly aircraft continues to grow. In effect, t he growing focus on environment-safety has led many airlines to opt for eco-friendly systems. Most of the US and European Airlines such as Virgin America, United Airlines, Southwest Airlines, JetBlue, Air Canada, Air France-KLM, Lufthansa, British Airways, Cathay Pacific, and many more, are using green design technologies, employing waste-reduction programs, and providing carbon-offset options to air travelers. Key vendors indentified by Technavio Research are as follows: AAR Airbus Group Boeing Israel Aerospace Industries (IAI) Lockheed Martin Rockwell Collins SIA Engineering Company Singapore Technologies Aerospace. 

High-speed air-to-air missiles installed in a combat aircraft for European countries

I have a pleasure to recall that , in 2011, a consortium comprising European countries such as the UK, Germany, Italy, Spain, France, and Sweden developed high-speed air-to-air missiles to be installed in a combat aircraft. These missiles have a greater strike range and are guided by radar systems to chase and destroy a moving target. The missile uses a throttleable ducted rocket propulsion system that enables longer range and a higher average speed. 

Commercial and Military Aircraft maintenance repair and overhaul (MRO) Market

The most exciting is to observe that , employment of cold repair technologies is emerging as a key trend in the commercial and military aircraft MRO market . The global commercial and military aircraft Maintenance Repair and Overhaul (MRO) market is highly regulated by factors such as aircraft use, global fleet size, and air traffic volumes. According to Technavio Research , the increasing use of advanced materials in the production of new-generation aircraft has led Maintenance Repair and Overhaul (MRO) vendors to enhance their service offerings. In effect , as the newer aircraft are designed to be more efficient and cost-effective, the expenditure on their Maintenance Repair and Overhaul (MRO) is also expected to see a rise over the next couple of years. Technavio Research revealed that , with an objective to optimize and share the high Maintenance Repair and Overhaul (MRO) costs, several countries are establishing strategic alliances and technology transfer agreements.