Market Research Reports, Inc.

Irish Military Expenditure Is Expected to Reach US$1.3 Billion in 2020, Finds New Report

Market Research Reports, Inc. has announced the addition of “Future of the Irish Defense Industry - Market Attractiveness, Competitive Landscape and Forecasts to 2020” research report to their website


Lewes, DE -- (SBWIRE) -- 08/06/2015 -- The Future of the Irish Defense Industry - Market Attractiveness, Competitive Landscape and Forecasts to 2020 report provides readers with detailed analysis of both historic and forecast defense industry values, factors influencing demand, industry leading companies, and key news.

Key Findings

- During 2011-2015, Irish defense expenditure registered a growth rate of -1.99%, decreasing from US$1.3 billion in 2011 to US$1.2 billion in 2015

- The military expenditure is, however, anticipated to register a CAGR of 0.91% during 2016-2020, to value US$1.3 billion in 2020

- Ireland's participation in peacekeeping operations, international conflict prevention, and crisis management and providing domestic security and support to civil authorities is expected to drive defense expenditure during 2016-2020

- Demand for equipment is mainly expected to revolve around light tactical armored vehicles, offshore patrol vessels, and army rifles and related equipment during 2016-2020


This report offers detailed analysis of Irish defense industry with market size forecasts covering the next five years. This report will also analyze factors that influence demand for the industry, key market trends, and challenges faced by industry participants.

In particular, it provides an in-depth analysis of the following:

- Defense industry market size and drivers: detailed analysis of the defense industry during 2016-2020, including highlights of the demand drivers and growth stimulators for the industry. It also provides a snapshot of the country's expenditure and modernization patterns

- Budget allocation and key challenges: insights into procurement schedules formulated within the country and a breakdown of the defense budget with respect to the army, navy, and air force. It also details the key challenges faced by defense market participants within the country

- Porter's Five Force analysis of the defense industry: analysis of the market characteristics by determining the bargaining power of suppliers, bargaining power of buyers, threat of substitution, intensity of rivalry, and barriers to entry

- Import and Export Dynamics: analysis of prevalent trends in the country's imports and exports over the last five years

- Market opportunities: details of the top five defense investment opportunities over the coming 10 years

- Competitive landscape and strategic insights: analysis of the competitive landscape of the defense industry. It provides an overview of key players, together with insights such as key alliances, strategic initiatives, and a brief financial analysis

Reasons to Buy

- This report will give the user confidence to make the correct business decisions based on detailed analysis of the defense industry market trends for the coming five years

- The market opportunity section will inform the user about the various military requirements that are expected to generate revenues during 2016-2020. The description includes technical specifications, recent orders, and the expected investment pattern by the country during 2016-2020

- Detailed profiles of the top domestic and foreign defense manufacturers with information about their products, alliances, recent contract wins and financial analysis wherever available. This will provide the user with a total competitive landscape of the sector

- A deep qualitative analysis of the defense industry covering sections including demand drivers, Porter's Five Forces Analysis, Key Trends and Growth Stimulators, and latest industry contracts

Spanning over 99 pages "Future of the Irish Defense Industry - Market Attractiveness, Competitive Landscape and Forecasts to 2020" report covers Introduction, Executive Summary, Market Attractiveness and Emerging Opportunities, Defense Procurement Market Dynamics, Industry Dynamics, Market Entry Strategy, Competitive Landscape and Strategic Insights, Business Environment and Country Risk, Appendix. The report covered companies are - Timoney Technology Ltd., Western Avionics Ltd., L-3 Communications ESSCO Collins Limited (ECL), DDC Ireland Ltd.

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