North Macedonia Defense Market Size and Trends, Budget Allocation, Regulations, Key Acquisitions, Competitive Landscape and Forecast, 2022-2027
Summary
North Macedonia Defense Market - Size and trends, budget allocation, regulations, key acquisitions, competitive landscape and forecast, 2022-27 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 North Macedonian military spending, which is forecast to increase, to rise to $0.54 billion by 2027. The report outlines major military purchases which North Macedonia is expected to pursue in the next 5 years, including the purchase of JLTV's and Stryker armored vehicles.
Drivers of Defense expenditure include North Macedonian military modernization and Development of Domestic industry. Major ongoing procurement programs include procurement of JLTVs and Sttryker armored vehicles.
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