The study covers geographic analysis that includes regions important players/vendors such as Austria Metall System Technik GmbH (AMST), Air Ambulance Technology, AMES, Hirtenberger, General Dynamics European Land Systems, Steyr Mannlicher Systems, Frequentis, Rheinmetall Waffe Munition Arges GmbH, Schiebel Elektronische Geraete GmbH, Diamond Aircraft Industries. The report will help you gain market insights, future trends and growth prospects for forecast period of 2018 – 2023
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The Austrian defense budget stands at US$2.6 billion in 2018 and registered a CAGR of 0.65% during 2014¬-2018.
Future of the Austrian Defense Industry – Market Attractiveness, Competitive Landscape and Forecasts to 2023
“Future of the Austrian Defense Industry – Market Attractiveness, Competitive Landscape and Forecasts to 2023”, published by GlobalData, provides readers with detailed analysis of both historic and forecast defense industry values, factors influencing demand, the challenges faced by industry participants, analysis of industry leading companies, and key news.
This report offers detailed analysis of the Austria 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 –
– The Austria defense industry market size and drivers: detailed analysis of the Austria defense industry during 2019-2023, 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 capital expenditure and revenue expenditure. It also details the key challenges faced by defense market participants within the country
– Import and Export Dynamics: analysis of prevalent trends in the country’s imports and exports over the last five years
– Market opportunities:list of the top ten defense investment opportunities over the next 5 years
– Competitive landscape and strategic insights: analysis of the competitive landscape of the Austria defense industry.
– The decline in defense spending during the historic period is due to the economic turmoil faced by the country as a consequence of the European debt crisis.
– However, the country’s active participation in peacekeeping missions, along with a focus to modernize its military by procuring advanced defense systems, is expected to drive the defense expenditure over the forecast period.
Reasons to buy
– This report will give the user confidence to make the correct business decisions based on a detailed analysis of the Austrian 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 the forecast period. The description includes technical specifications, recent orders, and the expected investment pattern by the country during the forecast period
– Profiles of the top domestic and foreign defense manufacturers . This will provide the user with a total competitive landscape of the sector
– A deep qualitative analysis of the Austrian defense industry covering sections including demand drivers, Key Trends , and latest industry contracts.
Companies Mentioned in the Report
Austria Metall System Technik GmbH (AMST)
Air Ambulance Technology
General Dynamics European Land Systems
Steyr Mannlicher Systems
Rheinmetall Waffe Munition Arges GmbH
Schiebel Elektronische Geraete GmbH
Diamond Aircraft Industries
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Table of Contents
1. Introduction 7
1.1. What is this Report About? 7
1.2. Definitions 7
1.3. Summary Methodology 9
1.4. About GlobalData 10
2. Executive Summary 11
3. Market Attractiveness and Emerging Opportunities 13
3.1. Current Market Conditions 14
3.1.1. Military Fleet Size 14
3.1.2. Procurement Programs 16
3.1.3. Key Drivers and Challenges 16
3.2. Defense Market Size Historical and Forecast 19
3.2.1. Austrian defense budget to record a CAGR of 3.02% over the forecast period 19
3.2.2. Spending to be driven by peacekeeping missions and the acquisition of advanced defense systems 22
3.2.3. The defense budget as a percentage of GDP is expected to increase during the forecast period 23
3.3. Analysis of Defense Budget Allocation 25
3.3.1. Procurement of advanced equipment to drive capital expenditure allocation during the forecast period 25
3.3.2. Capital expenditure is expected to grow at a CAGR of 3.62% over the forecast period 27
3.3.3. Per capita defense expenditure expected to increase during the forecast period 29
3.4. Homeland Security Market Size and Forecast 31
3.4.1. Austria homeland security is expected to increase at a CAGR of 2.35% over the forecast period 31
3.4.2. Protection of energy infrastructure and combating drug trafficking will be the key factors driving homeland security 33
3.4.3. Austrian falls under “some risk” category on the Terrorism Index 34
3.4.4. Austrian faces “some risk” by acts of terrorism 35
3.4.5. Austria has a terrorism index score of 1.5 37
3.5. Benchmarking with Key Global Markets 38
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