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Product Synopsis
This report is the result of ICD Research / Strategic Defence Intelligence’
Introduction and Landscape
Why was the report written?
The Ukrainian Defense Industry Market Opportunities and Entry Strategies, Analyses and Forecasts to 2017 offers the reader insights into the market opportunities and entry strategies adopted by foreign original equipment manufacturers (OEMs) to gain market share in the Ukrainian defense industry.
What is the current market landscape and what is changing?
Ukraine, Europe’s second-largest country, is anticipated to invest US$12.78 billion to strengthen its armed forces during the forecast period. The country’s total defense expenditure, which recorded a CAGR of 1.5% during the review period, is expected to record a CAGR of 6.4% over the forecast period. However, as a percentage of GDP, Ukraine’s defense expenditure is expected to decrease from 1.13% in 2012 to 1.06% by 2017, in accordance with the country’s aim to reduce its overall budget deficit as a percentage of GDP. Nevertheless, the country’s homeland security expenditure is projected to record a CAGR of 8.06% over the forecast period, a consequence of an increase in organized crime and maritime security threats.
What are the key drivers behind recent market changes?
During the forecast period, Ukraine is expected to spend US$12.8 billion on defense. Border security and critical infrastructure protection equipment, drive towards Armed Forces modernization, and procurement and maritime defense equipment purchase are expected to drive demand in the forecast period. Faced with the threat of losing military capability, armed forces technical modernization becomes a necessity for the country to follow. Taking a cue from the current alarming situation of the armed forces, the Ukrainian government has proposed to increase defense spending by 20% over 2011, in the financial plans for 2012.
What makes this report unique and essential to read?
The Ukrainian defense Industry Market Opportunities and Entry Strategies, Analyses and Forecasts to 2017 provides detailed analysis of the current industry size and growth expectations from 2013 to 2017, including highlights of key growth stimulators. It also benchmarks the industry against key global markets and provides a detailed understanding of emerging opportunities in specific areas.
Key Features and Benefits
Market opportunity and attractiveness
The report provides detailed analysis of the current industry size and growth expectations from 2013 to 2017, including highlights of key growth stimulators. It also benchmarks the industry against key global markets and provides a detailed understanding of emerging opportunities in specific areas.
Procurement dynamics
The report includes trend analysis of imports and exports, together with their implications and impact on the Ukrainian defense industry.
