Military Logistics Market 2019 Growth Overview, Applications, Future Trend, Scope & Top Key Players Lockheed Martin Corporation, ManTech International Corporation, Oboronlogistics LLC, One Network Enterprises, SCM Globe, and Thales Group among other

The global military logistics market accounted for US$ 339.56 Bn in 2018 and is expected to reach US$ 526.50 Bn by 2027, thereby registering an attractive CAGR growth rate of 5.2% from 2019 to 2027.

The Military Logistics Market report provides a detailed overview of the industry including both qualitative and quantitative information. The economies in the Asia Pacific region are experiencing a noteworthy growth in their military spending. For instance, countries, including Japan and India, boosted their military spending owing to rising tensions with China, as per global arms spending report published by SIPRI. In 2017, the Indian defense spending increased by 5.5% to approximately US$ 63.9 Bn, resulting in ranking India as one of the top five military spenders worldwide. Also, India is anticipated to witness the second highest CAGR in the Asia Pacific Military Logistics Market, after China. The report further states that the Government of India is planning to modernize, expand, and improve the operational capability of defense, partially owing to rising tension with Pakistan and China.

Some of the key players operating in the Military Logistics market are AECOM, ANHAM, ASELSAN A.?., Claxton Logistics, Dyncorp International LLC, Fluor Corporation, Honeywell International Inc., KBR Inc., Klinge Corporation, Lockheed Martin Corporation, ManTech International Corporation, Oboronlogistics LLC, One Network Enterprises, SCM Globe, and Thales Group among others.

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Currently, the global military logistics market is dominated by some prominent market players with notable experience in meeting the military logistics requirement through years of engagement with the military of different countries. The market players present in military logistics market are mainly focused on maintaining long-term relations with the governments.

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Military Logistics market is segmented on the basis of the type and mode of transportation. The military logistics is primarily dominated by the logistics & distribution segment owing to notable demand for ensuring the existing supply of various components, devices, gears, food & medical supplies, and equipment among other logistical and operational support. However, the rise in emphasis towards achieving superior operational efficiencies along with reduced military budgets has propelled the demand for various optimization, executive management, and consulting related services.

The Asia Pacific was the leading geographic market, and it is anticipated to be the highest revenue contributor throughout the forecast period. The economies in the Asia Pacific region are experiencing remarkable growth in their military spending. For instance, countries, including Japan and India, boosted their military spending owing to rising tensions with China, as per global arms spending report published by SIPRI.

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Table of Contents:

Introduction
Key Takeaways
Research Methodology
Military Logistics Market Landscape
Military Logistics Market - Key Market Dynamics
Military Logistics Market - Global Market Analysis
Military Logistics Market - Revenue and Forecasts to 2027 - Product Type
Military Logistics Market - Revenue and Forecasts to 2027 - Application
Military Logistics Market - Revenue and Forecasts to 2027 - Compound
Military Logistics Market Revenue and Forecasts to 2027 - Geographical Analysis
Industry Landscape
Military Logistics Market, Key Company Profiles
Appendix

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