Montenegro Defense Market Size and Trends, Budget Allocation, Regulations, Key Acquisitions, Competitive Landscape and Forecast, 2022-2027
Summary
Montenegro Defense Market Size and Trends, Budget Allocation, Regulations, Key Acquisitions, Competitive Landscape and Forecast, 2022-2027 report provides the market size forecast and the projected growth rate for the next five years. The report covers industry analysis including the key market drivers, emerging technology trends, and major challenges faced by market participants. It also offers insights regarding key factors and government programs that are expected to influence the demand for military platforms over the forecast period.
The report covers ongoing Montenegrin military spending, which is forecast to increase, to rise to $3.4 billion by 2027. The report outlines major military purchases which Montenegro is expected to pursue in the next 5 years, including the purchase of JLTV's and TUAVs.
This report offers detailed analysis of Montenegro's defense market 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.
Drivers of Defense expenditure include Montenegrin military modernization and Development of Domestic industry. Major ongoing procurement programs include procurement of JLTVs and TUAVs
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