(2017 The Italian Defense Industry) Market Opportunities and Entry Strategies, Analyses and Forecast

Oct. 1, 2012 - PRLog -- The Italian Defense Industry - Market Opportunities and Entry Strategies, Analyses and Forecasts to 2017

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Product Synopsis
This report is the result of ICD Research/Strategic Defence Intelligence's extensive market and company research covering the Italian defense industry. It provides detailed analysis of both historic and forecast defense industry values including key growth stimulators, analysis of the leading companies in the industry, and key news..

Introduction and Landscape
Why was the report written?
The Italian Defense Industry Market Opportunities and Entry Strategies, Analyses and Forecasts to 2017offers the reader an insight into the market opportunities and entry strategies adopted by foreign original equipment manufacturers (OEMs) to gain market share in the Italian defense industry.

What is the current market landscape and what is changing?
In 2012, the Italian government allocated US$25.6 billion for the total defense budget, and the total defense budget recorded a CAGR of -4.74% during the review period. However, the defense budget, estimated to be US$26.8 billion in 2013, is expected to record a CAGR of -0.03% during the forecast period, to reach US$26.8 billion by 2017. Cumulatively, US$133.6 billion is expected to be allocated to the Italian MOD for defense during the forecast period.

What are the key drivers behind recent market changes?
Italy is facing economic constraints due to high fiscal debt, forcing the government to reduce its expenditure. This has led to constraints in the defense budget and reduced spending on the procurement of defense equipment. However, the Italian MOD's gradual modernization of its armed forces has helped to minimize budget cuts. Furthermore, Italy's membership of NATO, the UN, and the EU, and subsequent participation in peacekeeping operations, also require financial input.
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Country Analysis: Market Profile
Defense Industry
Market Opportunities and Entry Strategies, Analyses and Forecasts to 2017
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