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April 5, 2012 - PRLog -- The Portuguese Defense Industry: Market Opportunities and Entry Strategies, Analyses and Forecasts to 2016

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Synopsis

This report is the result of ICD’s extensive market and company research covering the Portuguese 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.

Summary

Why was the report written? The Portuguese Defense Industry Market Opportunities and Entry Strategies, Analyses and Forecasts to 2016 offers the reader insights into the market opportunities and entry strategies adopted by foreign original equipment manufacturers (OEMs) to gain market share in the Portuguese defense industry. What is the current market landscape and what is changing? The primary factors driving Portugal’s defense expenditure are military modernization initiatives set out in the country’s military procurement program (LPM) and Portugal’s commitment to international organizations such as NATO, the OECD, the EU and the UN. The majority of the defense budget is used for personnel expenses including the pensions and salaries of the armed personnel. The expenditure for equipment procurement, which averaged 17.51% of the total defense budget during the review period, is expected to fall to 14.46% by 2013 with the country’s 40% reduction in the budget of the LPM. What are the key drivers behind recent market changes? By 2016, Portugal is expected to invest in the modernization and acquisition of its advanced defense systems in the areas of Army, Navy and Air Force related defense capabilities such as aircrafts, armoured vehicles, patrol vessels and frigates. These are the fundamental drivers in the Portuguese defense market. What makes this report unique and essential to read? The Portuguese Defense Industry Market Opportunities and Entry Strategies, Analyses and Forecasts to 2016 provides detailed analysis of the current industry size and growth expectations from 2011 to 2016, including highlights of key growth stimulators. It also benchmarks the industry against key global markets and provides detailed understanding of emerging opportunities in specific areas.

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Portuguese Defense Industry , Market Opportunities and Entry Strategies, Analyses and Forecasts to 2016

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