Fast Market Research

Just Released: "Future of the Italian Defense Industry - Market Attractiveness, Competitive Landscape and Forecasts to 2019"

 
Repost This

Boston, MA -- (SBWIRE) -- 03/18/2014 -- This report is the result of SDI's extensive market and company research covering the Italian defense industry, and provides detailed analysis of both historic and forecast defense industry values including key growth stimulators, analysis of the leading companies in the industry, and key news.

Introduction and Landscape

Why was the report written?
The Future of the Italian Defense Industry - Market Attractiveness, Competitive Landscape, and Forecasts to 2019 offers the reader an insight into the market opportunities and entry strategies adopted by foreign original equipment manufacturers (OEMs) to gain market share in the Italian defense industry.

What is the current market landscape and what is changing?
Italy which is one of the largest defense spenders in Europe and tenth largest spender in the world is projected to spend US$147.2 billion on its armed forces during the forecast period. In 2014, the Italian government allocated US$27.67 billion for the total defense budget which recorded a CAGR of 5.18% during 2010 to 2014. Defense expenditure is inclusive of the expenditure on the defense function, homeland security, and other expenses. Italian defense expenditure is primarily driven by increasing terrorist threats, participation in peacekeeping initiatives, replacing the ageing military equipment, and the modernization of defense forces with advanced technology equipment. The defense function stood at US$19.13 billion in 2014 and is expected to increase at a CAGR of 3.09% during the forecast period, to reach US$22.32 billion in 2019. Capital expenditure will also see a marginal increase which is anticipated to grow at 5.16% due to the country's heavy procurement pattern during the forecast period. The Italian defense industry is expected to focus on modernization of the armed forces by implementing various procurement programs that include F-35 Joint Strike Fighter project. Typhoon multirole combat aircraft, FREMM frigates, NH 90 helicopters, and Medium Extended Air Defense System (MEADS) program

View Full Report Details and Table of Contents

What are the key drivers behind recent market changes?
Modernization of defense systems, participation in peacekeeping initiatives, and maintaining NATO, EU and UN stipulations expected to drive the Italian defense expenditure

What makes this report unique and essential to read?
The Future of the Italian Defense Industry - Market Attractiveness, Competitive Landscape, and Forecasts to 2019 provides detailed analysis of the current industry size and growth expectations from 2015 to 2019, including highlights of key growth stimulators. It also benchmarks the industry against key global markets and provides a detailed understanding of emerging opportunities in specific areas.

Key Features and Benefits

About Fast Market Research
Fast Market Research is a leading distributor of market research and business information. Representing the world's top research publishers and analysts, we provide quick and easy access to the best competitive intelligence available. Our unbiased, expert staff is always available to help you find the right research to fit your requirements and your budget. For more information about these or related research reports, please visit our website at http://www.fastmr.com or call us at 1.800.844.8156.

Browse all Defense research reports at Fast Market Research

You may also be interested in these related reports:

- Future of the Brazilian Defense Industry - Market Attractiveness, Competitive Landscape and Forecasts to 2019
- Future of the Italian Defense Industry - Market Attractiveness, Competitive Landscape and Forecasts to 2017
- Future of the MINT Defense Industry - Market Attractiveness, Competitive Landscape and Forecasts to 2019
- Future of the UK Defense Industry - Market Attractiveness, Competitive Landscape and Forecasts to 2019
- Future of the Finnish Defense Industry - Market Attractiveness, Competitive Landscape and Forecasts to 2019
- Future of the Russian Defense Industry - Market Attractiveness, Competitive Landscape and Forecasts to 2019
- Future of the Indian Defense Industry - Market Attractiveness, Competitive Landscape and Forecasts to 2018
- Future of the Brazilian Defense Industry - Market Attractiveness, Competitive Landscape and Forecasts to 2018
- Future of the Chinese Defense Industry - Market Attractiveness, Competitive Landscape and Forecasts to 2018
- Future of the Australian Defense Industry - Market Attractiveness, Competitive Landscape and Forecasts to 2018