Finland Defense Market: Industry Size, Share, Growth, Forecasts
Latest
industry research report on: Finland Defense Market : Industry Size,
Share, Research, Reviews, Analysis, Strategies, Demand, Growth,
Segmentation, Parameters, Forecasts
The Future of the Finland Defense
Industry - Market Attractiveness, Competitive Landscape and Forecasts
to 2022, published by Strategic Defence Intelligence, 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.
Synopsis
This
report offers detailed analysis of the Finnish 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 Finnish defense industry market size and drivers: detailed analysis
of the Finnish defense industry during 2018-2022, including highlights
of the demand drivers and growth stimulators for the industry. It also
provides a snapshot of the countrys expenditure and modernization
patterns
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Budget allocation and key challenges: insights into procurement
schedules formulated within the country and a breakdown of the defense
budget. It also details the key challenges faced by defense market
participants within the country
-
Porters Five Force analysis of the Finnish defense industry: analysis
of the market characteristics by determining the bargaining power of
suppliers, bargaining power of buyers, threat of substitution, intensity
of rivalry, and barriers to entry
- Import and Export Dynamics: analysis of prevalent trends in the countrys imports and exports over the last five years
- Market opportunities: details of the top five defense investment opportunities over the next 10 years
-
Competitive landscape and strategic insights: analysis of the
competitive landscape of the Finnish defense industry. It provides an
overview of key players, together with insights such as key alliances,
strategic initiatives, and a brief financial analysis
Complete Report Details @ https://www.marketresearchreports.biz/reports/1068011/future-of-the-finland-defense-market-research-reports
Scope
-
Finlands total defense expenditure stands at US$3 billion in 2017, and
is expected to grow at a CAGR of 1.96% over the forecast period, to
reach US$3.3 billion in 2022. Finnish defense expenditure is primarily
driven by participation in peacekeeping initiatives, the soldier
modernization program and the procurement of advanced technology
equipment. Finland is an active participant in the crisis management
programs mandated by the United Nations (UN). The Finnish defense
industry is expected to focus its expenditure on Leopard 2A6 main battle
tanks, multi-role aircraft, cyber security, and C4ISR systems.
-
The Finnish Ministry of Defence (MoD) allocated an average of 27.2% to
capital expenditure during 2013-2017, and is expected to decrease over
the forecast period to reach 26.6%. Currently, due to the austerity
measures, the government is focusing on the acquisition of high-quality
secondhand equipment to save costs. Its military modernization programs
include the procurement of 100 secondhand EX-Danish Leopard 2A6 main
battle tanks, air defense missile system, IT Services, C4ISR, soldier
combat systems and surveillance system, along with the procurement of
littoral ships for the navy and improvements into the coast guard role.
Furthermore, under the soldier modernization program, Warrior 2020, the
army plans to procure communications, automatic mortars, C4I subsystems,
lightweight superior ballistic protection and smart munitions systems,
in order to create a mobile force. Over 2013-2017, the Finnish defense
capital expenditure registered an average of US$0.90 billion. The
countrys capital expenditure is expected to marginally increase from
US$0.8 billion in 2017 to US$0.9 billion in 2022, registering a CAGR of
2.19% during the forecast period. The Finnish Defence Ministry is
expected to procure fighters and multi-role aircraft, Maintenance,
Repair and Operations (MRO) for multi-role aircraft, naval vessels MRO,
and aircraft simulators.
-
The MoD is expected to invest in fighters and Multi-role aircraft,
fighters & multi-role aircraft MRO and aircraft simulators.
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Reasons to buy
-
This report will give the user confidence to make the correct business
decisions based on a detailed analysis of the Finnish 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
-
Detailed profiles of the top domestic and foreign defense manufacturers
with information about their products, alliances, recent contract wins,
and financial analysis wherever available. This will provide the user
with a total competitive landscape of the sector
-
A deep qualitative analysis of the Finnish defense industry covering
sections including demand drivers, Porters Five Forces Analysis, Key
Trends and Growth Stimulators, and latest industry contracts
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