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Global Marine Biotech market to grow at a CAGR of 3.82 percent over the period 2012-2016. One of the key factors contributing to this market growth is the increase in the demand for natural products. The Global Marine Biotech market has also been witnessing increasing investments from venture capitalists. However, high R&D costs could pose a challenge to the growth of this market.

Greece is one of the largest importers of arms in Europe and, of all the EU nations, allocates a high percentage of its GDP for defense purposes, making it one of the most sought after markets for foreign OEMs. Despite the weakness of its financial sector, both the country's minimal domestic defense capabilities and the threat of the Turkish military have driven Greece to continue to invest in defense, with particular focus on fighter jets, submarines, missile systems and armored vehicles. The country primarily imports arms from EU nations and the US, and is assisting in the development of the domestic industry by sub-contracting deals achieved through defense offset obligations. Over the forecast period, the Greek Ministry of Defense (MoD) is estimated to allocate a cumulative of US$9.6 billion for the procurement of military equipment. In 2013, the country invested US$2.6 billion on homeland security (HLS), as part of its alignment with the international guidelines regarding the introduction of the biometric identification of citizens and travelers. Consequently, Greece is expected to make significant acquisitions in order to implement biometric profiling. The forecast period opportunities for foreign OEMs include the provision of fighter jets, jet trainers, armored vehicles, missile systems and maritime patrol aircraft.

Global Airport IT market to grow at a CAGR of 4.29 percent over the period 2012-2016. One of the key factors contributing to this market growth is the need to improve passenger experience. The Global Airport IT market has also been witnessing the increased demand for network virtualization. However, the high implementation cost of airport IT solutions could pose a challenge to the growth of this market.

Global Wearable Medical Technology market to grow at a CAGR of 49.94 percent over the period 2012-2016. One of the key factors contributing to this market growth is the technological innovations. The Global Wearable Medical Technology market has also been witnessing increasing strategic agreements among vendors. However, the instances of product recalls could pose a challenge to the growth of this market.

Global e-passport market to grow at a CAGR of 32.5 percent over the period 2012-2016. One of the key factors contributing to this market growth is the increasing need to comply with government regulations. The Global e-passport market has also been witnessing the increasing use of e-passport as a standard travel document. However, the high implementation costs of e-passports could pose a challenge to the growth of this market.

Global Sedimentation and Centrifugation market to grow at a CAGR of 5.76 percent over the period 2012-2016. One of the key factors contributing to this market growth is the increasing demand from the process industries. The Global Sedimentation and Centrifugation market has also been witnessing the development of next-generation centrifuges. However, the increasing threat of rivalry could pose a challenge to the growth of this market.

Global Grid-scale Energy Storage market to grow at a CAGR of 31.58 percent over the period 2012-2016. One of the key factors contributing to this market growth is the increasing need to reduce power blackouts. The Global Grid-scale Energy Storage market has also been witnessing the increased demand for decentralized power generation. However, the reluctance of power utilities to upgrade systems in a power grid could pose a challenge to the growth of this market.

Global Data Center Rack Power Distribution Unit market to grow at a CAGR of 13.38 percent over the period 2012-2016. One of the key factors contributing to this market growth is the increasing deployment of data centers. The Global Data Center Rack Power Distribution Unit market has also been witnessing the evolution of alternating phased power. However, the declining investments due to macro-economic conditions could pose a challenge to the growth of this market.

Global Rare Earth Metals market to grow at a CAGR of 13.06 percent over the period 2012-2016. One of the key factors contributing to this market growth is the increasing demand from the Wind Energy sector. The Global Rare Earth Metals market has also been witnessing an increase in the production capacities of the major manufacturers in the market. However, the gap in the demand and supply of rare earth metals could pose a challenge to the growth of this market.

Global Marine Biotech market to grow at a CAGR of 3.82 percent over the period 2012-2016. One of the key factors contributing to this market growth is the increase in the demand for natural products. The Global Marine Biotech market has also been witnessing increasing investments from venture capitalists. However, high R&D costs could pose a challenge to the growth of this market.