The Portugal Defense Industry - Market Attractiveness and Emerging Opportunities to 2016: Market Profile
- ID: 2190584
- July 2012
- Region: Portugal
- 44 pages
- iCD Research
This report provides a detailed analysis of the current industry size and growth expectations during 2012-16, including highlights of the key growth stimulators. It also benchmarks the industry against key global markets and provides detailed understanding of emerging opportunities in specific areas.
ICD Research's "The Portugal Defense Industry - Market Attractiveness and Emerging Opportunities to 2016: Market Profile" is an essential source of information covering the market attractiveness and emerging opportunities of the defense industry in Portugal.
Portugal’s defense budget was US$3.27 billion in 2011 and, during the review period, recorded a healthy CAGR of 7.02%. However, the country’s high fiscal debt is forcing austerity measures which will cause the defense budget to decline during the forecast period at a CAGR of 1.9% to reach US$1.32 billion by 2016.
Reasons To Buy
"The Portugal Defense Industry - Market Attractiveness and Emerging Opportunities to 2016: Market Profile" allows you to
- Understand the market size and forecasts of the Portugese defense industry.
- Understand the budget allocation of the Portugese defense industry.
- Gain knowledge on Homeland Security market size and forecast..
- Gain insight into the benchmarking data with Key global markets..
- Understand the key trends and growth stimulators of the Portugese defense industry.
1.1 What is this Report About?
1.3 Summary Methodology
1.4 ICD Research Terrorism Index
1.5 About ICD Research
1.6 About Strategic Defence Intelligence (www.strategicdefenceintelligence.com)
2 Market Attractiveness and Emerging Opportunities
2.1 Defense Market Size Historical and Forecast
2.1.1 Portuguese annual defense expenditure expected to register at US$1.32 billion by 2016
2.1.2 Military modernization and contribution to international peacekeeping missions drive defense expenditure
2.1.3 Defense expenditure as a percentage of GDP expected to reach to 0.5% by 2016
2.2 Analysis of Defense Budget Allocation
2.2.1 Capital expenditure allocation expected to increase during the forecast period
2.2.2 Capital expenditure budget expected to grow at a CAGR of 0.48% during the forecast period
2.2.3 Army to get lower allocation in the forecast period
2.2.4 Naval budget is expected to grow at a CAGR of 1.9% during the forecast period
2.2.5 Defense to cumulatively spend US$1.9 billion on the army during the forecast period
2.2.6 Air force expenditure to reach US$252 million by 2016
2.2.7 Central services support to get higher allocation in the forecast period
2.3 Homeland Security Market Size and Forecast
2.3.1 Homeland security market expected to grow at a CAGR of 7.83% during the forecast period
2.3.2 Illegal immigration, cyber-attacks and terrorism driving Portugal’s homeland security expenditure
2.3.3 Portugal faces some risk of terror attacks
2.4 Benchmarking with Key Global Markets
2.4.1 Portuguese defense budget expected to decline unlike most of its European neighbors
2.4.2 Portugal defense expenditure is small compared to leading spenders
2.4.3 Portugal does not fulfill NATO standards on defense spending
2.5 Market Opportunities: Key Trends and Growth Stimulators
2.5.1 Transport aircraft and related components to experience a surge in demand
2.5.2 Demand for frigates, offshore patrol vessels and wheeled armored amphibious vehicles to increase
2.5.3 Armored vehicles and battle tanks to modernize Portugal’s army
2.5.4 Portugal is expected to continue its commitment to acquire C-295 mid-size aircraft and also modernize its F-16 and P-3C aircraft
2.5.5 Control and communication systems to witness greater demand
3.1 Contact Us
3.2 About ICD Research