Mexican Defense Market 2012-2016 CAGR Impact Mexican Defense Market Demand Drivers in Industry

Future of the Mexican Defense Market- Industry Attractiveness, Competitive Landscape and Forecasts to 2021 Industry Report Order report by calling RnRMarketResearch.com at [phone] OR send an email on [email protected] with Mexican Defense Market in subject line and your contact details. Summary The Future of the Mexican Defense Industry - Market Attractiveness, Competitive Landscape and Forecasts to 2021, published by Strategic Defence Intelligence, provides readers with detailed analysis of both historic and forecast defense industry values, factors influencing demand, the challenges faced by industry participants, analysis of industry leading companies, and key news. Key Findings - The Mexican defense budget values US$5.4 billion in 2016, and registered a CAGR of 1.38% during the historic period. Mexico being one of the largest oil and gas exporters in the North America and Latin American region, was hit hard by the fall in energy prices, which prompted the government to cut back on overall government spending. As a result, the Mexican defense budget contracted for two consecutive years 2015 and 2016 by -8.10% and -12.75% respectively, which had an impact on the overall CAGR between the periods 20122016. - On a cumulative basis, the country is expected to invest US$30.3 billion for defense purposes, of which US$4.2 billion is earmarked for capital expenditure to fund defense procurements. The government's well-defined military modernization plans to counter influence of narco-terrorists, drug traffickers and weapon traffickers is expected to fuel procurement of defense equipment. - The MoD is expected to invest in Military-IT (Networking), Multi-mision helicopters, Corvettes and MRO facities for corvettes maintenance and transport aircrafts over the coming years. Order a copy of report @ http://www.rnrmarketresearch.com/contacts/purchase?rname=784984 Synopsis This report offers detailed analysis of the Mexican defense industry with market size forecasts covering the next five years. This report will also analyze factors that influence demand for the industry, key market trends, and challenges faced by industry participants. In particular, it provides an in-depth analysis of the following: - The Mexican defense industry market size and drivers: detailed analysis of the Mexican defense industry during 2017-2021, including highlights of the demand drivers and growth