Australia Defense Market Outlook 2021: Big Things are Happening

A new research document with title 'Australia Defense Market - Attractiveness, Competitive Landscape and Forecasts to 2026’ covering detailed analysis, Competitive landscape, forecast and strategies. The study covers geographic analysis that includes regions like Australia and important players/vendors such as Lockheed Martin Corp, Rheinmetall AG, Northrop Grumman. The report will help user gain market insights, future trends and growth prospects for forecast period of 2026.

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Summary
Australia Defense Market - Attractiveness, Competitive Landscape and Forecasts to 2025 report provides the market size forecast and the projected growth rate for the next five years. The report covers industry analysis including the key market drivers, emerging technology trends, and major challenges faced by market participants. It also offers insights regarding key factors and government programs that are expected to influence the demand for military platforms over the forecast period.

The Australian Defense budget will amount to US$30.9 billion in FY2020 increasing from US$29.5 billion in FY2019, continuing the trend in incrementally rising defense budgets across the historical period. The key factor pushing the increase is Australia's commitment to the security of its immediate region in the Indo-Pacific and the need to modernize maritime platforms.
Drivers of Defense expenditure include realignment of strategic priorities in the immediate Indo-Pacific region in response to a rising China’s military modernization and expanding sphere of influence as well as acquiring new capabilities for the Australian Defense Force to fulfill the defense strategy needs new platform acquisitions for deterrence capabilities. Strategic priorities are focusing on deterring potential conflict with a greater military power in the immediate region. Future investment hypersonic research and a ballistic missile defense will enable long-distance deterrence
This report offers detailed analysis of Australia's defense market 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.

Who Should Buy
- Defence Startups, Original Equipment Manufacturers (OEMs), Defence Planners, Aerospace and Defence Integrators, Venture Capital Firms, Government Agencies, Head of Marketing, Head of Sales, CEOs and Senior Executives.
- The concerned stakeholders can utilize the report to identify high growth segments and customize their offerings to match the project requirements.
- The Venture Capital Firms can utilize the project details, growth rate, and market size to identify and fund high potential startups.

Scope
In particular, it provides an in-depth analysis of the following -
- Australia's defense budget: detailed analysis of Australia's FY2020 defense budget broken down into market size and market share. This is coupled with an examination of key current and future acquisitions.
- Regulation: the procurement policy and process is explained. This is coupled with an analysis of Australia's military doctrine and strategy to provide a comprehensive overview of Australian military regulation.
- Security Environment: political alliances and perceived security threats to Australia are examined; there help to explain trends in spending and modernisation.
- Import and Export Dynamics: analysis of prevalent trends in the country’s imports and exports over the last five years
- Competitive landscape and strategic insights: analysis of the competitive landscape of the Australian defense industry.

Reasons to Buy
- Determine prospective investment areas based on a detailed trend analysis of the Australian defense market over the next five years
- Gain in-depth understanding about the underlying factors driving demand for different defense and internal security segments in the Australian market and identify the opportunities offered.
- Strengthen your understanding of the market in terms of demand drivers, market trends, and the latest technological developments, among others
- Identify the major threats that are driving the Australian defense market providing a clear picture about future opportunities that can be tapped, resulting in revenue expansion
- Channel resources by focusing on the ongoing programs that are being undertaken by the Australian government
- Make correct business decisions based on in-depth analysis of the competitive landscape consisting of detailed profiles of the top defense equipment providers in the country. The company profiles also includes information about the key products, alliances, recent contract awarded, and financial analysis, wherever available

Companies Mentioned in the Report
Lockheed Martin Corp
Rheinmetall AG
Northrop Grumman

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Table of Contents
Executive Summary
Defense Budget Assessment
Budgeting Process
Defense Market Size Historical And Forecast
Drivers Of Defense Expenditure

....Continued

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