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Defense Spending - Scandinavia Industry Guide

Scandinavia defence spending market: $17.6 billion industry estimated during 2012


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2014-01-29 10:06:01 - Defense Spending - Scandinavia Industry Guide - a new market research report on companiesandmarkets.com

The Scandinavian defense spending market had a total market value of $17.6 billion in 2012. Norway was the fastest growing country with a CAGR of 3.1% over the 2008-12 period.

Within the defense spending industry, Norway is the leading country among the Scandinavian countries, with market revenues of $7.0 billion in 2012. This was followed by Sweden and Denmark, with $6.2 and $4.4 billion, respectively.

Norway is expected to lead the defense spending in the Scandinavian countries, with a value of $8.3 billion in 2017, followed by Sweden and Denmark with expected values of $6.8 and $2.7 billion respectively.

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