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The Global Armored Vehicles MRO Market 2012–2022

London, September 18th, 2012 – In 2012, the global armored vehicles MRO market valued US$4.1 billion and is expected to value US$7.1 billion by 2022, representing a CAGR of 5.68% during the forecast period. The demand for armored vehicles MRO services is anticipated to be driven by a worldwide ageing of military equipment, technological innovations in the industry, internal and external security threats, territorial disputes, and modernization initiatives undertaken by armed forces across the world. Cumulatively, the global market is expected to value US$57.6 billion during the forecast period ...


The Mexican Defense Industry Market Opportunities and Entry Strategies, Analyses and Forecasts to 2016

London, September, 2012 – Mexican defense expenditure, valued at US$5.5 billion in 2011, registered a CAGR of 8.7% during the review period and is expected to grow at a CAGR of 10.2% during the forecast period (2012-2016), to reach an estimated US$8.97 billion in 2016. Furthermore, Mexico’s cumulative defense expenditure over the forecast period is expected to be US$37.7 billion, of which US$36.1 billion is expected to be revenue expenditure (see graph below for reference). Corruption is rampant in the Mexican armed forces, specifically in the army. There is increasing evidence of the expan ...


The Japanese Defense Industry Market Opportunities and Entry Strategies, Analyses and Forecasts to 2017

London, September, 2012 – With a defense budget of US$59.06 billion in 2012, Japan is the fourth-largest defense spender in the world. While the Japanese defense budget grew at a CAGR of 6.25% during the review period (2008-2012), it is expected to grow at a CAGR of 3.28% over the forecast period (2013-2017), to reach US$69.46 billion by 2017. However, the Japanese government has capped its defense budget at 0.99% of GDP, a situation which is projected to continue until 2017. The Japanese Ministry of Defense (MoD) allocates 16.9% of its defense budget to capital expenditure, 4% to US forces st ...


The Columbian Defense Industry Market Opportunities and Entry Strategies, Analyses and Forecasts to 2017

London, September, 2012 – The total defense expenditure of Colombia, which was estimated at US$10.5 billion in 2008, increased at a CAGR of 8.81% during the review period (2008-2012) to reach US$14.7 billion by 2012. The Colombian police force received an average of 24% of the total defense budget during the review period. Strategic Defence Intelligence estimates that Colombia’s defense expenditure as a percentage of its gross domestic product (GDP) will rise from 3.9% in 2012 to 4.8% in 2017. This translates to a budget increase from US$14.7 billion in 2012 to US$23.4 billion in 2017 (referen ...


The Venezuelan Defense Industry Market Opportunities and Entry Strategies, Analyses and Forecasts to 2016

In the forecast period, defense expenditure is expected to grow at a CAGR of 9.98% and value US$7.3 billion by 2016. Furthermore, Venezuela’s cumulative defense expenditure over the forecast period is expected to be US$29.7 billion, of which US$19.3 billion is expected to be invested in personnel, and the remaining US$10.5 billion on equipment and infrastructure development (reference graph below). During the review period (2007-2011), 76% of Venezuela’s total defense imports were from Russia and 10% were from Spain. Venezuela is subject to an arms embargo from the US, a factor which led to ...


The Ukranian Defense Industry Market Opportunities and Entry Strategies, Analyses and Forecasts to 2017

Ukrainian defense expenditure is primarily driven by the country’s ongoing tensions with Russia, the acquisition of new military hardware systems and participation in international peacekeeping missions. Despite an anticipated increase in the overall defense budget, military expenditure as a percentage of GDP is expected to decrease over the forecast period, from an average of 1.2%, to an average of 1.1% (reference graph below). Although the Ukraine is expected to invest a total of US$12.78 billion in its armed forces over the forecast period, on average, only 14.6% of this total is expecte ...


The Spanish Defense Industry Market Opportunities and Entry Strategies, Analyses and Forecasts to 2017

In total, Spain is expected to spend US$56.68 billion on strengthening its armed forces, of which US$8.43 billion will be allocated for capital expenditure, while US$48.25 billion will be reserved for revenue expenditure. Furthermore, the Spanish defense budget is expected to register a CAGR of 3.2% during the forecast period (2013-2017), to value US$12.08 billion in 2017 (reference graph below). In 2012, the Spanish defense budget decreased by 4.9% from that of 2011 to US$9.48 billion. While Spanish defense expenditure recorded negative growth of -6.7% during the review period, it is expec ...


The Israeli Defense Industry Market Opportunities and Entry Strategies, Analyses and Forecasts to 2017

As 75% of the US$30 billion of military aid Israel is scheduled to receive from the US between 2010 and 2019 must be spent on the procurement of military hardware from the US, the Israeli defense market is less accessible to defense suppliers from other nations. As a consequence of Israel’s increasing dependence on US military aid for its defense purchases, this is likely to continue for the foreseeable future. Furthermore, Israel’s economic and political dependence on the US means that the US has influence on Israel’s military transactions with countries such as China and India. The Israeli ...


The Indian Defense Industry Market Opportunities and Entry Strategies, Analyses and Forecasts to 2017

Despite expanding opportunities in the Indian defense industry, the government’s comparatively strict regulatory regime poses challenges for foreign investors who are keen to enter the country. With an FDI limit of just 26%, foreign OEMs are unwilling to extend sensitive technologies to their Indian joint venture partners. The critical area of concern is the offsets in defense, which have been placed at 30%, and in some cases, such as in the development of Medium Multi-Role Combat Aircraft (MMRCA), offsets rise to 50%. As a percentage of GDP, Indian defense expenditure stood at 2.1% during 201 ...


The Greek Defense Industry Market Opportunities and Entry Strategies, Analyses and Forecasts to 2017

On a cumulative basis, the country is forecast to spend a total of US$30.56 billion over the forecast period (2013-2017) on defense and related areas and in the same period, the allocation of funding for the acquisition of military hardware and technology is projected to value US$13.2 billion. Greece’s domestic defense sector has evolved in the fields of assembly and MRO and caters exclusively to the requirements of the Hellenic Armed Forces (reference graph below). In 2011, Greece allocated 2.0% of its GDP to defense expenditure, a figure that represents the highest GDP allocation among EU ...


The Global Naval Vessels MRO Market 2012–2022 - Technological innovations driving the naval vessels MRO market

Recent years has witnessed various countries upgrading their fleet of naval warships including frigates, cruisers, destroyers and amphibious ships with ballistic missile defense capabilities. With various countries currently involved in border disputes and other geo-political conflicts, governments are now upgrading their naval vessels with anti-ballistic missiles to combat existing threats. Specifically, a ballistic missile threat currently exists in Europe, Asia and the Middle East and the governments of these countries are spending robustly to equip their warships with integrated air defens ...


The Israeli Defense Industry: Market Opportunities and Entry Strategies, Analyses and Forecasts to 2017

Moreover, the per capita defense expenditure is expected to continue growing due to both internal and external security threats in the country. Israel is also set to receive US$20.1 billion worth of military aid from the US to spend on military hardware during the forecast period. Overall, Israel is projected to spend a total of US$28.39 billion on the acquisition of military hardware between 2013 and 2017. ‘’The Israeli Defense Industry: Market Opportunities and Entry Strategies, Analyses and Forecasts to 2017’’ provides detailed analysis of the current industry size and growth expectations ...


The Australian Defense Industry Market Opportunities and Entry Strategies, Analyses and Forecasts to 2017

London, June 19th, 2012 – During the review period, the defense expenditure of Australia exhibited a CAGR of -1.42% to reach an estimated US$28.5 billion in 2012, and is expected to grow at a CAGR of 5.13% over the forecast period to reach US$38.8 billion by 2017.The government is expected to make cumulative capital acquisitions of US$40.2 billion during the forecast period, 35% of which will be procured from domestic firms, in order to support government plans to increase the independence of its defense industry. The acquisitions are expected to focus on the improvement of capabilities of the ...


The Global Soldier Modernization Market 2012–2022

Demand for technologically advanced soldier modernization equipment is anticipated to rise in the forecast period The global defense industry is investing significantly in R&D in an effort to increase the capabilities of modern soldiers. This has led to the development of new and ground breaking soldier modernization technologies which have enhanced the survivability, lethality, mobility and equipment sustainability capabilities of the individual soldier. Current innovations are oriented towards integrating information flow from various command stations into a single module while incorpo ...


Defense Expenditure in Argentina to 2016 - Market Sizing and Forecasts: Market Profile

During the review period capital expenditure was allocated an average of 3.6% of the defense budget and this low allocation was due to the high expenditure on salaries and pensions, which account for 70% of the defense budget. However, modernization plans are expected to increase capital expenditure to an average of 7.2% of the defense budget during the forecast period. Argentine defense expenditure is relatively small and stood at US$2.96 billion in 2011, lower than large spenders such as its neighbour Brazil, which spent US$36 billion in the same year. Despite being the lowest spender in So ...


The Vietnamese Defense Industry Market: Opportunities and Entry Strategies, Analyses and Forecasts to 2016

In March 2011, the Vietnamese government passed legislation that prohibits selling stakes of state-owned defense companies to the private sector. The legislation further stipulates that the state will hold 100% of the charter capital in enterprises involving national defense and security, and military held commercial enterprises. This legislation prevents private participation and thwarts any foreign direct investment into the country’s defense sector. Vietnam released its third defense whitepaper in 2009 which revealed the country’s defense expenditure for the first time during 2004–2008. Th ...


Global Defense Suppliers’ Outlook Survey 2012–2013: Industry Dynamics, Market Trends and Opportunities, Expenditure and Marketing Strategies

42% of respondents expect an increase in marketing expenditure of between 1% to 10% in 2012, while only 10% of respondents expect a decrease between 1% and 10% (reference see graph below). Marketing budgets of global defense supplier industry supplier companies are expected to rise by an average of 5.5% over the next 12 months. Supplier respondents plan to spend more on social media and different online media formats such as newsletters, blogs, videos, webcasts, podcasts, online resource centers and talkback. Executives from the global defense industry expect increased levels of consolidation ...


The Global Military Radar Market 2012–2022

The global economic slowdown has reduced the defense budgets of most leading spenders in the world, including the US, France, Germany and the UK. These countries have cut back on spending on various defense sectors such as space, aircraft and vehicles, but at the same time have diverted funds towards sectors where rapid technology development and deployment is possible such as radars, Command, Control, Communications, Computers, Intelligence, Surveillance and Reconnaissance (C4ISR) and cyber-warfare. High growth markets such as the BRIC nations have been formulating continuous programs to proc ...

11.06.2012 with new study range - One crucial step ahead of the competition

Kassel, 18. May 2012 – In the age of rapid changes many companies, researchers but also governments has to face and keep up with these developments. While as a result of the financial crises many countries have to cut their budgets and defense expenditures, the expenditures in the Asian region have been increased enormously. And there is no change in sight in the near future. “Over the last ten years there has been a rapid change in the political and economically situation”, says Holger Paletschek, founder of, “back then new technologies lead to a new high for armaments ord ...


ATC Global 2012: DFS presents new solutions

The DFS application MICCA detects incorrect, delayed and missing mode S target acquisitions which occur, for example, in connection with interrogator code conflicts. Such conflicts arise when two Mode S sensors with overlapping coverage areas use the same interrogator code for data interrogation. As a consequence, aircraft might not be detected by at least one of the Mode S systems in the overlapping area. To identify target acquisition problems, the application continually processes the live radar data from up to 32 Mode S radar stations. Firstly, MICCA analyses the position where a Mode S ...


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