New Market Research Report: Future of the UK Defense Industry

From: Fast Market Research, Inc.
Published: Tue Jun 28 2016


The UK's defense expenditure stood at US$60 billion in 2012 and decreased to US$54.4 billion in 2016, recording a negative CAGR of 2.42%. This is primarily due to consistent defense expenditure cuts by the government, with the aim of reducing the country's overall expenditure. However, this trend is expected to change from 2017-onwards when a steady increase is expected owing to procurements and strengthening the country's overall defense system. Over the forecast period, the country's defense expenditure is expected to register a positive CAGR of 3.09% and, cumulatively, the country is estimated to spend US$305.5 billion.

Full Report Details at
- http://www.fastmr.com/prod/1184147_future_of_uk_defense_industry.aspx?afid=301

Key Findings

* During 2012-2016, the UK's defense expenditure registered negative growth of -2.42%, decreasing from US$60 billion in 2012 to US$54.4 billion in 2016
* Defense expenditure is anticipated to register a positive CAGR of 3.09% over 2017-2021and reach a value of US$65.2 billion in 2021
* Over the forecast period, the country's budget for homeland security is expected to be US$111.9 billion cumulatively
* The key areas of investment are expected to be submarine-ballistic, multi-role aircraft, IT-services networking, facilities management, and multi-mission helicopter MRO

Synopsis
Strategic Defence Intelligence's report - Future of the UK Defense Industry - Market Attractiveness, Competitive Landscape and Forecasts to 2021 offers detailed analysis of the industry with market size forecasts from 2017-2021. This report sheds light on 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 2017-2021, 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 2016 to 2026
* 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 Get this Report

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Company: Fast Market Research, Inc.
Contact Name: Bill Thompson
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Contact Phone: 1-413-485-7001

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