Press release
German Defense Industry is expected to register at CAGR of 1.34% during 2017-2021
German Defense Industry
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.
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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
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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
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 2017-2021
Make correct business decisions based on detailed analysis of the defense industry from 2017-2021,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 2017-2021″
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