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Political and Policy Analysis for the Russian Aerospace and Defense Industry
Frost & Sullivan, May 2006, Pages: 17
Russia remains a key participant in the global aerospace and defense industry and is expected to expand rapidly on the strength of the country’s robust macro economic policies. The future of the global aerospace and defense industry lies in the developing countries of eastern Europe, Latin America, and Asia and international relations as well as government policies hence, exert the most influence on the industry. Decreasing global trade barriers and increasing globalization leading to greater volumes of trade as well as air passenger traffic are expected to give this industry a tremendous boost. Apart from investments in infrastructural projects and research and development activities, active political support and industry-specific as well as favorable economic policies also go a long way in expanding this demand-driven industry.
Russia’s excellent economy and a growing gross domestic product (GDP) are creating a host of growth opportunities, making its aerospace and defense industry internationally competitive. Strong political support and an increase in defense budgets as well as personal disposable income have provided tremendous growth stimuli for various industry sectors. Air transport is one of the most dynamic transport modes in Russia, with civil aviation having contributed significantly to the economy by employing nearly 223,000 personnel in 2005. Despite such brisk progress, the Russian air traffic market still has plenty of untapped potential in both the passenger and cargo sectors. The most important reform in the defense industry will be the floating of defense industry enterprises in international markets in order to raise additional funds for future development.
Frost & Sullivan’s Aerospace and Defense Country Industry Forecast provides vital inputs for evaluating the attractiveness of a country and its aerospace and defense industry. Besides enabling decision makers to assess the impact of non-market forces, it also helps in identifying new market opportunities. This service provides a strong base for preparing contingency plans. In addition, investors can assess industry-specific risk factors as well as conduct a more in-depth micro research.
Benefits of this Service
Identify New Market Opportunities
The future trends in the political and policy environment of Russia have been analyzed along with their impact on the aerospace and defense industry. This analysis provides valuable information on opportunities in specific segments of the industry.
Understand Future Industry Trends
The research gives an insight into the Russian aerospace and defense industry, discusses its dependence on the prevailing political and policy scenario, as well as forecasts the future political and policy environment. This will enable industry participants to gauge the future direction of the market, enabling them to devise appropriate market strategies to improve market share.
Understand Policy and Regulatory Environment
A detailed analysis of the policy and regulatory framework of the Russian aerospace and defense industry is provided in the research service, which offers insights into the regulatory environment of the country as it exists today and the future direction of the same. This is particularly beneficial in the case of the aerospace and defense industry as regulations form an important criterion for industry performance.
Devise Country Entry Strategies
The research service provides valuable information and analysis of the strengths and weaknesses of the political and policy environment in Russia. This is particularly useful in devising country-specific strategies for industry participants.
Evaluate Industry Segment Potential
This research service offers detailed coverage of political issues as well as industry-specific and macro economic policies impacting the industry. This study provides both country and industry trends as well as forecasts for major variables and is an excellent tool for companies that plan to enter new geographic markets. This will help corporate planners in developing accurate business plans and enhance credibility to planning company resources.
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