ROCKVILLE, MD--(Marketwire - Mar 7, 2013) - MarketResearch.com has announced the addition of the market research report "Global Defense Survey 2013 - Business Outlook, Key Markets and Opportunities" to their product offering.
Overall, respondents from defense organizations identified China, India, and Brazil as the top three markets expected to offer the strongest growth opportunities to the defense industry over 2013-2017.
'Budget cuts,' 'competitive pricing pressures,' and 'reverse engineering by countries like China and Iran' are the leading business concerns for the global defense industry in 2013.
Survey results reveal that respondents from defense contractors expect defense R&D budgets to decrease by -8.1% over the next five years as compared to 2012, with 69% of respondents anticipating a decline.
According to the survey results, 78%, 73%, and 56% of respondents from defense organizations identified 'cyber warfare,' 'UAVs,' and 'soldier modernization' as the most important defense segments that will show the most technological advancement over the next decade.
Survey results show that 'higher customization of service packages from suppliers,' 'international supplier certifications and quality,' and 'industry consolidation' are identified as the most significant global emerging trends in the Aftermarket Service Support and MRO area by buyers.
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About Strategic Defence Intelligence
Strategic Defence Intelligence provides a stream of continuously updated customer and competitor intelligence, as well as detailed research reports providing an unrivalled source of global information on the latest developments in the defence industry. Strategic Defence Intelligence's unique monitoring platform tracks global defence activity for over 2,500 companies and 65 product categories in real time and in a highly structured manner, giving a comprehensive and easily-searchable picture of all defence industry activity.
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