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Austrian Defense Industry Future 2020 - Market Attractiveness, Competitive Landscape and Forecasts: ResearchMoz

ResearchMoz added Latest Research Report titled " Austrian Defense Industry Future 2020: Worldwide Market Research, Analysis, Shares, Size, Growth and Outlook" to it's Large Report database.


Albany, NY -- (SBWIRE) -- 11/02/2015 -- The Austrian defense market will be driven by active participation in peacekeeping missions along with a focus to modernize its military by procuring advanced defense systems. In addition, the capital expenditure allocation is anticipated to average 23.6% of the total defense budget during 2016–2020 and defense equipment procurements are expected to be in the areas of military rotorcraft, unmanned aerial vehicles (UAVs), and spending towards cyber security and soldier modernization.

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Key Findings

During 2011–2015, Austrian defense expenditure registered a growth rate of -6.18%, declining from US$2.9 billion in 2011 to US$2.2 billion in 2015

Military expenditure is anticipated to register a CAGR of 3.24% during 2016–2020, to value US$2.5 billion in 2020

Corruption, retaining conscription, changes in security environment and economic recession possess challenges for the Austrian defense market

Demand for equipment is mainly expected to revolve around military rotorcraft, unmanned aerial vehicles (UAVs), and spending towards cyber security and soldier modernization during 2016–2020

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Strategic Defence Intelligence's report - Future of the Austrian Defense Industry – Market Attractiveness, Competitive Landscape and Forecasts to 2020 offers detailed analysis of the industry with market size forecasts from 2016–2020. This report will also analyze factors that influence demand in 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. 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, 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 from 2015 to 2025

Competitive landscape and strategic insights: including an overview of key players, together with insights such as key alliances, strategic initiatives, and a brief financial analysis

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Reasons To Buy:-

Identify and track the global defense market and make regional comparisons to effectively target new revenue streams

Understand the importance of being led by the defense ministries in the military procurement market and define your strategies with insight on what your customers really want by analyzing recent orders, technical specifications, and the country's expected investment pattern during 2016–2020

Make correct business decisions based on detailed analysis of the defense industry from 2016–2020,which includes the total competitive landscape of the sector with detailed profiles of the top domestic and foreign defense manufacturers along with information about their products, alliances, recent contract wins, and financial analysis

Determine prospective investment areas by gaining an in-depth understanding of the industry in terms of market opportunities

Channel resources by identifying various military requirements that are expected to generate revenues across different sectors during 2016–2020

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