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Friday, 23 October 2015

Future of the Greek Defense Industry - Market Attractiveness, Competitive Landscape and Forecasts to 2020

Posted on 02:59 by Unknown
The Greek defense market will be driven by the country’s strained relationship with Turkey over a territorial dispute in the Cyprus region, along with a sovereignty rights issue in the Gulf of Aegean. In addition, the capital expenditure allocation is anticipated to average 27.5% of the total defense budget during 2016–2020 and defense equipment procurements are expected to be in the areas of frigates, submarines, corvettes, and multi-role aircraft MRO services

Key Findings

During 2011–2015, Greek defense expenditure registered a growth rate of -7.53%, declining from US$5 billion in 2011 to US$3.7 billion in 2015
Military expenditure is anticipated to register a CAGR of 2.75% during 2016–2020, to value US$4 billion in 2020
The country’s strained relationship with Turkey over a territorial dispute in the Cyprus region, along with a sovereignty rights issue in the Gulf of Aegean are expected to drive defense expenditure over the forecast period
Demand for equipment is mainly expected to revolve around frigates, submarines, corvettes, and multi-role aircraft and MRO services during 2016–2020


Synopsis

Strategic Defence Intelligence’s report - Future of the Greek Defense Industry – Market Attractiveness, Competitive Landscape and Forecasts to 2020 offers detailed analysis of the industry with market size forecasts from 2016–2020. 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 2016–2020, 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 2015 to 2025
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 2016–2020
Make correct business decisions based on detailed analysis of the defense industry from 2016–2020,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 2016–2020

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Mr. Nachiket Ghumare,
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