Germany is one of the top 10 defense markets globally, with a defense budget allocation of US$38.1 billion in 2016. The country's defense expenditure is primarily driven by military modernization programs and involvement in peacekeeping operations, and is expected to register a CAGR of 1.34% during 2017-2021, compared to the negative CAGR of 1.82% registered between 2012 and 2016. Defense expenditure as a percentage of GDP is expected to decrease from 1.1% in 2016 to 1% in 2021; per capita defense expenditure is expected to reach increase from US$464.9 in 2016to US$473.4 by 2021.
Key Findings
* During 2012-2016, German defense expenditure registered a growth rate of -1.82%, declining from US$41 billion in 2012 to US$38.1 billion in 2016
* Military expenditure is anticipated to register a CAGR of 1.34% during 2017-2021, to value US$39.2 billion in 2021
* Over the forecast period, the country's budget for homeland security is expected to be US$43.3 billion cumulatively
* Demand for equipment is mainly expected to revolve around transport helicopter, multi-role aircraft, transport aircraft, and infantry fighting vehicles during 2017-2021
Full Report Details at
- http://www.fastmr.com/prod/1135648_future_of_german_defense.aspx?afid=302
Synopsis
Strategic Defence Intelligence's report - Future of the German Defense Industry - Market Attractiveness, Competitive Landscape and Forecasts to 2021 offers detailed analysis of the industry with market size forecasts from 2017-2021. 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 2017-2021, 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 2016 to 2026
* 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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"Future of the German Defense Industry" now available at Fast Market Research
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Contact Name: Bill Thompson
Contact Email: press@fastmr.com
Contact Phone: 1-413-485-7001
Contact Name: Bill Thompson
Contact Email: press@fastmr.com
Contact Phone: 1-413-485-7001