ICD Research
The global armored vehicles and counter IED vehicles market is expected to record decline from 2011–2021 due to the end of military operations in Afghanistan and Iraq in this period. As a result of Western austerity and high levels of fiscal debt in the West, defense modernization plans have overwhelmingly been postponed to contain fiscal...Full Article »
The global Unmanned Aerial Vehicle (UAV) market is dominated by North America, with the US being the largest defence spender in the world. Europe is enhancing its UAV industry through regular funding and development programs, and Asia-Pacific, the third-largest market, also offers a potentially attractive investment opportunity for western firms...Full Article »