Mon, Jan 23, 2012
Visiongain Forecasts Business Worth Nearly $4 Billion
Analysis from the European business intelligence firm Visiongain
indicates that the military helicopter modernization, upgrade &
retrofit market will reach a value of $3.98 billion in 2012. The
company attributes the forecast growth to the strains of recent
operations combine with tighter budgets, and a need to maintain a
qualitative advantage drive the upgrade and retrofit of existing
helicopter platforms.
The report's authors say that of The Military Helicopter
Modernisation, Upgrade & Retrofit Market "modernization and
upgrade of older helicopter platforms presents a favourable option
to new buys for many nations within the current economic climate of
pressurised defence budgets, while retrofit will also be used in
tandem to a policy of new-buys by emerging militaries around the
world."
The report provides forecasts for the period 2012-2022 in terms
of value in U.S. dollars for the military helicopter modernization,
upgrade & retrofit market as well as for 7 helicopter type
submarkets that together form the overall market figure. In
addition, the report quantifies, analyses and forecasts 10 leading
national military helicopter modernization, upgrade & retrofit
markets from 2012-2022. The report provides profiles of 15 leading
companies operating within the market, and includes an exclusive
interview with RUAG, a leading Swiss aerospace company, offering
modernization, upgrade and retrofit of military helicopters,
providing expert insight alongside Visiongain analysis.
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