Russia Arms Market Outlook 2024: Growth Opportunity And Demand Analysis, Market Forecast, 2016-2024

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Russia Arms Market Outlook 2024 Growth
Opportunity And Demand Analysis, Market
Forecast, 2016-2024
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Russia Arms Market Outlook 2024 Growth
Opportunity And Demand Analysis, Market
Forecast, 2016-2024
Russia Arms Market Outlook

Russia is one of the biggest exporters in the
global arms market. As per Russian Federal
Service of Military-Technical Cooperation
(RFSMTC), Russian arms market showed a tremendous
growth in past one decade as Russian arms sales
increase by more than 150 in 2015 as compared to
2005. Due to economic crisis, the Soviet Union
has faced stagnation in the growth of arms market
in past few years. In 2015, Russia arms transfer
agreement valued USD 11.1 billion and witnessed a
minor decline in the value of global
arms-transfer agreements as compared to the value
USD 11.2 billion in 2014. In 2014, Russia
accounted for highest military budget as compared
to other European countries. Due to ongoing
crisis and reduction in the dollar value,
Russias military budget valued USD 53.5 billion
and witnessed an increase of 0.8 only as
compared to 2015. However, integration and up
gradation of existing weapon systems of the
country is expected to bring new business
prospects for the Russian arms market. Russia is
focusing on the expansion of arms business in
developing countries. For instance, in 2016,
Russia exported combat aircraft and major battle
tanks to emerging economies such as India and
China. Russia also supplied arms deals to other
developing countries such as Burma, Algeria and
Malaysia. In 2015, in developing countries,
Russia arms transfer agreement value increased by
7 as compared to 2014.
   
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Russia Arms Market Outlook 2024 Growth
Opportunity And Demand Analysis, Market
Forecast, 2016-2024

• Market Segmentation
• Russia Arms Market is segmented on the following
  basis
• Based on Types of Arms
• Land Based Weapon
• Aerospace Weapon
• Naval Weapon
• Based on Application
• Military Actions
• Law Enforcement
• Hunting Sports
• Self-Defense
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Russia Arms Market Outlook 2024 Growth
Opportunity And Demand Analysis, Market
Forecast, 2016-2024
Market Size and Forecast (2016-2024) Russia
accounted for the 25 share of the global arms
exports market in 2015. Russia arms market size
valued USD 32.0 billion in 2016 and is
anticipated to grow at a CAGR of 2.5 during the
forecast period. In 2016, over 34, 000 units of
arms were exported by Russia across the
globe. Moscow accounted for 23 share of global
arms exports, providing arms to more than 50
countries across the globe. Moscow has recently
established arms sales deals with Latin America
region as Venezuela is a principal importer of
Russian arms. Russia is working on making
flexible weapon deals to improve the relationship
and services for existing clients and to attract
new customers. Russian arms suppliers are
targeting developing countries and offering
lucrative arms deals. Russia is intensifying
efforts to capture business from Middle East and
Asia-Pacific region. In 2017, Russia signed an
arms deal of worth USD 3.5 billion with Saudi
Arabia. Russia is the biggest supplier of arms to
India, where India accounted for 38 share of
total Russian arms export in 2016. Moreover,
Russia is the leading military arms supplier to
countries such as Tehran and Damascus.
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Russia Arms Market Outlook 2024 Growth
Opportunity And Demand Analysis, Market
Forecast, 2016-2024

• Scope Background
•  Market Synopsis
•  
• Russsia Arms Market Segmentation is segmented as
  follows
• By Type (Market Size, Demand Analysis and Growth
  Analysis)
• By Application (Market Size, Demand Analysis and
  Growth Analysis)
• By Geography
• North America (US, Canada) Market Share (),
  Market Size (USD Billion)
• Europe (UK, France, Italy, Germany, Spain,
  Hungary, Sweden, Russia, Poland and Rest of
  Europe) Market Share (), Market Size (USD
  Billion)
• Middle East and Africa (GCC Countries, North
  Africa, South Africa and Rest of Middle East
  Africa) Market Share (), Market Size (USD
  Billion)
• Latin America (Brazil, Mexico and Rest of Latin
  America) Market Share (), Market Size (USD
  Billion)
• Asia Pacific (China, Japan, India, Singapore,
  South Korea, Australia, New Zealand and Rest of
  Asia-Pacific) Market Share (), Market Size (USD
  Billion)
• Rest of the WorldMarket Share (), Market Size
  (USD Billion))

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Russia Arms Market Outlook 2024 Growth
Opportunity And Demand Analysis, Market
Forecast, 2016-2024

• Market Dynamics Growth Drivers, Restraints and
  Opportunities
• Risk Factors
• Regional Variations
• Recent Trends and Developments
• Key Market Players
• Synopsis
• Business Strategy
• Product Portfolio
• SWOT Analysis
• Porters Five Force Model
• Market Landscape Competition and Beyond
• Market outlook for business players and entry
  level players to ascertain their business in
  dynamic ecosystem
• Expert Analysis
• Concluding Remarks
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Russia Arms Market Outlook 2024 Growth
Opportunity And Demand Analysis, Market
Forecast, 2016-2024
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Our mission is simple to develop insightful
business solutions, help our clients make
powerful future decisions to keep them well ahead
of the game which is the market, and leave a mark
across businesses and communities through our
well-defined ideas and clear cut forecasts.
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Russia Arms Market Outlook 2024 Growth
Opportunity And Demand Analysis, Market
Forecast, 2016-2024
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Russia Arms Market Outlook 2024 Growth
Opportunity And Demand Analysis, Market
Forecast, 2016-2024
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