The Business Research Company’s latest report Defense Support and Auxiliary Equipment Global Market Report 2020 covers Defense Support and Auxiliary Equipment market drivers, Defense Support and Auxiliary Equipment market trends, Defense Support and Auxiliary Equipment market segments, Defense Support and Auxiliary Equipment market growth rate, Defense Support and Auxiliary Equipment market major players, and Defense Support and Auxiliary Equipment market size. The report provides in-depth analysis of the impact of COVID-19 on the Defense Support and Auxiliary Equipment industry, along with revised market numbers due to the effects of the coronavirus.
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Defense Support and Auxiliary Equipment Global Market Report 2020 is the most comprehensive report available on this market and will help gain a truly global perspective as it covers 60 geographies. The chapter on the impact of COVID-19 gives valuable insights on supply chain disruptions, logistical challenges, and other economic implications of the virus on the market. The chapter also covers markets which have been positively affected by the pandemic.
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The global defense support and auxiliary equipment market is expected to decline from $118 billion in 2019 to $110.2 billion in 2020 at a compound annual growth rate (CAGR) of -6.7%. The decline is mainly due to economic slowdown across countries owing to the COVID-19 outbreak and the measures to contain it. The market is then expected to recover and grow at a CAGR of 3% from 2021 and reach $120.3 billion in 2023.
The report covers the Defense Support and Auxiliary Equipment market’s segments-
1) By Type: Military Radars, Military Satellites, Other Defense Support And Auxiliary Equipment.
Subsegments Covered: Continuous Waveform, Pulse Waveform, Large Satellite, Mini Satellite, Micro Satellite, Nano Satellite.
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