Lewes, DE -- (SBWire) -- 06/08/2016 --Report forecast the global military floating bridge market to grow at a CAGR of 4.61% during the period 2016-2020.
Military floating bridges primarily include ribbon bridges and self-propelled floating bridges. The ground military personnel and the marine forces use these for missions, including sheltered water and river crossings in combat and rescue operations. These bridges can also be utilized for the transportation and mobilization of cargo and supplies and combat vehicles. Over the years, these bridges have gained importance in the global military organizations and are deployed in an adequate number across the globe.
The report covers the present scenario and the growth prospects of the global military floating bridge market for 2016-2020. To calculate the market size, the report considers the revenue generated from the sales of military floating bridges, including modular floating bridges (standard ribbon bridges and IRBs) and self-propelled floating bridges. Furthermore, the revenue generated from the modernization of existing floating bridge systems, and services (training) are covered. However, the revenue generated from amphibious bridge systems, bridge erection equipment, and ferry systems, and after-sales services are not considered.
The market is divided into the following segments based on geography:
- Americas
- APAC
- EMEA
According to the report, a key growth driver is the collaborative effort to counter tension in MENA. The rising instability in MENA, including political volatility, violence, and growing dominance of rebel forces, has considerably dominated the military agenda of the international community in recent times. Due to the geographical impotence, MENA (situated at the intersection of Asia, Africa, and Europe) has been a prime focus for the US foreign and defense policies over last four decades.
Further, the report states that one challenge that would hinder market growth is defense budget cuts.
Global Military Floating Bridge Market 2016-2020, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.
key players in the global military floating bridge market: AM General, China Harzone Industry, CNIM, Jiangsu Bailey Steel Bridge, General Dynamics, and RPC Technologies.
Other Prominent Vendors in the market are: FBM Babcock Marine, Mabey, Oshkosh Defense, and WFEL.
Market driver
- Collaborative efforts to counter tension in the Middle East and North Africa (MENA)
- For a full, detailed list, view our report
Market challenge
- Defense budget cuts
- For a full, detailed list, view our report
Market trend
- Rapid deployment capability of military bridges
- For a full, detailed list, view our report
Key questions answered in this report
- What will the market size be in 2020 and what will the growth rate be?
- What are the key market trends?
- What is driving this market?
- What are the challenges to market growth?
- Who are the key vendors in this market space?
- What are the market opportunities and threats faced by the key vendors?
- What are the strengths and weaknesses of the key vendors?
Spanning over 68 pages and 39 Exhibit "Global Military Floating Bridge Market 2016 - 2020" report covers Executive summary, Scope of the report, Market research methodology, Introduction, Market landscape, Supply chain system for military floating bridge market, Value chain system for global military floating bridge market, Market segmentation by product, Geographical segmentation, Market drivers, Impact of drivers, Market challenges, Impact of drivers and challenges, Market trends, Vendor landscape, Appendix.
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