Future of the Danish Defense Procurement Market Dynamics Industry and Forecasts to 2022

Albany, New York, February 09, 2017: Market Research Hub has recently announced the addition of a new report to it broad database titled as “Future of the Danish Defense Industry - Market Attractiveness, Competitive Landscape and Forecasts to 2022”. This report 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.

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Key Findings

Denmark’s military expenditure, valued at US$3 billion in 2017, registered a declining growth rate of -7.96% during 2013–2017. The weak national fiscal condition and Europe’s sluggish recovery from the economic slowdown has affected the growth rate of the market; and is expected to do so for the next two years. The Danish Defense Agreement 2013–2017 mandated the Ministry of Defence (MoD) to save US$0.5 billion annually on military expenditure during 2015–2017, in an effort to reduce the country’s debt. Over the forecast period, the country’s defense budget is expected to further decrease to US$2.8 billion in 2022, reflecting a CAGR of -1.20%.
On a cumulative basis, the country is expected to invest US$14.3 billion for defense purposes, of which US$1.4 billion  is earmarked for capital expenditure to fund defense procurements. The government’s well-defined military modernization plans to counter influence of Russia and its duties with respect to NATO are expected to corner significant part of investment. 

The MoD is expected to invest in fighters & multi-role Aircraft, Armored Personnel Carrier (APC), and Military-IT & Networking over the coming years.
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Synopsis

This report offers detailed analysis of the Danish 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 Danish defense industry market size and drivers: detailed analysis of the Danish defense industry during 2018–2022, including highlights of the demand drivers and growth stimulators for the industry. 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 Danish 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 country’s 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 Danish defense industry. It provides an overview of key players, together with insights such as key alliances, strategic initiatives, and a brief financial analysis
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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 Danish 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 Danish defense industry covering sections including demand drivers, Porter’s Five Forces Analysis,  Key Trends and Growth Stimulators, and latest industry contracts

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This release was published on openPR.