Future Of Portuguese Defense Industry - Market Attractiveness, Competitive Landscape And Forecasts To 2022
Future of Portuguese Defense Industry - Market Attractiveness, Competitive Landscape and Forecasts to 2022
Summary
The Future of the Portuguese Defense Industry - Market Attractiveness, Competitive Landscape and Forecasts to 2022, published by Strategic Defence Intelligence, 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.
Synopsis
This report offers detailed analysis of the Portuguese 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 Portuguese defense industry market size and drivers: detailed analysis of the Portuguese defense industry during 2018-2022, including highlights of the demand drivers and growth stimulators for the industry. It also provides a snapshot of the countrys 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 capital expenditure and revenue expenditure. It also details the key challenges faced by defense market participants within the country
- Porters Five Force analysis of the Portuguese 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 countrys 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 Portuguese defense industry. It provides an overview of key players, together with insights such as key alliances, strategic initiatives, and a brief financial analysis
Scope
- In 2017, the Portuguese MoD allocated US$2.4 billion to its total defense budget, registering a CAGR of -3.49% during 2013-2017. However, Portugals defense budget is expected to grow at a CAGR of 1.08% to value US$12.2 billion cumulatively over the forecast period.
Reasons to buy
- This report will give the user confidence to make the correct business decisions based on a detailed analysis of the Portuguese 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 Portuguese defense industry covering sections including demand drivers, Porters Five Forces Analysis, Key Trends and Growth Stimulators, and latest industry contracts
Summary
The Future of the Portuguese Defense Industry - Market Attractiveness, Competitive Landscape and Forecasts to 2022, published by Strategic Defence Intelligence, 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.
Synopsis
This report offers detailed analysis of the Portuguese 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 Portuguese defense industry market size and drivers: detailed analysis of the Portuguese defense industry during 2018-2022, including highlights of the demand drivers and growth stimulators for the industry. It also provides a snapshot of the countrys 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 capital expenditure and revenue expenditure. It also details the key challenges faced by defense market participants within the country
- Porters Five Force analysis of the Portuguese 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 countrys 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 Portuguese defense industry. It provides an overview of key players, together with insights such as key alliances, strategic initiatives, and a brief financial analysis
Scope
- In 2017, the Portuguese MoD allocated US$2.4 billion to its total defense budget, registering a CAGR of -3.49% during 2013-2017. However, Portugals defense budget is expected to grow at a CAGR of 1.08% to value US$12.2 billion cumulatively over the forecast period.
Reasons to buy
- This report will give the user confidence to make the correct business decisions based on a detailed analysis of the Portuguese 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 Portuguese defense industry covering sections including demand drivers, Porters Five Forces Analysis, Key Trends and Growth Stimulators, and latest industry contracts
1. Introduction - Future of the Portuguese Defense Industry 8
1.1. What is this Report About? 8
1.2. Definitions 8
1.3. Summary Methodology 10
1.4. About Strategic Defense Intelligence 11
2. Executive Summary 12
3. Market Attractiveness and Emerging Opportunities 14
3.1. Current Market Scenario 15
3.1.1. Primary Threat Perception 15
3.1.2. Military Doctrine & Strategy 16
3.1.3. Military Fleet Size 17
3.1.4. Procurement Programs 20
3.1.5. Social, Political and Economic Environment & Support for Defense Projects 22
3.1.6. Political and Strategic Alliances 23
3.2. Defense Market Size Historical and Forecast 24
3.2.1. Portuguese defense budget is expected to record a CAGR of 1.08% during the forecast 24
3.2.2. International peacekeeping operations expected to drive defense expenditure over the forecast period 26
3.2.3. Portuguese defense expenditure as a percentage of GDP is expected to decline over the forecast period 27
3.3. Analysis of Defense Budget Allocation 29
3.3.1. Share of capital expenditure expected to remain constant over the forecast period 29
3.3.2. Capital expenditure is anticipated to record a CAGR of 1.44% during the forecast period 31
3.3.3. Navy is expected to receive the highest allocation over the forecast period 33
3.3.4. Army expenditure to decline over the forecast period 35
3.3.5. Per capita defense expenditure is projected to increase over the forecast period 39
3.4. Homeland Security Market Size and Forecast 40
3.4.1. Portuguese homeland security budget anticipated to record a CAGR of 1.59% during the forecast period 40
3.4.2. Cyber-attacks and maritime security set to drive homeland security expenditure over the forecast period 42
3.4.3. Portugal falls under some risk of terrorism 43
3.4.4. Portugal faces little threat from terrorist organizations 44
3.4.5. Portugal has a terrorism index score of 0.1 46
3.5. Benchmarking with Key Global Markets 47
3.5.1. Portuguese defense budget expected to remain low compared to the leading spenders 47
3.5.2. Portuguese defense expenditure to remain low compared to major spenders in Europe 49
3.5.3. Portugal allocates lower share of GDP to defense compared to the US and other European countries 50
3.6. Market Opportunities: Key Trends and Growth Stimulators 51
3.6.1. Corvette MRO 51
3.6.2. Frigate MRO 52
4. Defense Procurement Market Dynamics 53
4.1. Import Market Dynamics 54
4.1.1. Defense imports are expected to increase marginally over 2018-2022 54
4.1.2. Portugal sourced the majority of its arms imports from the US 55
4.1.3. Aircraft and armored vehicles accounted for the majority of military imports 56
4.2. Export Market Dynamics 57
4.2.1. Defense exports expected to rise during the forecast period 57
4.2.2. Romania accounted for 87% of Portuguese defense exports 58
4.2.3. Aircraft are the main exported defense products 59
5. Industry Dynamics 60
5.1. Five Forces Analysis 60
5.1.1. Bargaining Power of Supplier: High to Medium 62
5.1.2. Bargaining Power of Buyer: Medium to Low 62
5.1.3. Barrier to Entry: Low to Medium 63
5.1.4. Intensity of Rivalry: Medium to High 63
5.1.5. Threat of Substitution: Medium to High 63
6. Market Entry Strategy 64
6.1. Market Regulation 64
6.1.1. Offset policy aids development of domestic defense industry and research activities 64
6.1.2. Offset policy aids development of domestic defense industry and research activities 66
6.2. Market Entry Route 67
6.2.1. Budgeting Process 67
6.2.2. Procurement Policy and Process 68
6.2.3. Setting up subsidiaries offers a market entry opportunity 68
6.2.4. Technology transfer, sub-contracts, and long-term supply contracts open new market entry strategy choices 69
6.3. Key Challenges 70
6.3.1. Domestic defense companies facing challenges from foreign companies 70
6.3.2. Budget cuts due to austerity measures challenging defense companies 70
6.3.3. Corrupt practices in the Portuguese government challenges the industry 70
7. Competitive Landscape and Strategic Insights 71
7.1. Competitive Landscape Overview 71
7.2. Key Domestic Companies 73
7.2.1. OGMA - Indstria Aeronutica de Portugal SA: Overview 73
7.2.2. OGMA - Indstria Aeronutica de Portugal SA: Products 73
7.2.3. OGMA - Indstria Aeronutica de Portugal SA: Recent Announcements and Strategic Initiatives 74
7.2.4. OGMA - Indstria Aeronutica de Portugal SA: Alliances 75
7.2.5. OGMA - Indstria Aeronutica de Portugal SA: Recent Contract Wins 76
7.2.6. EID - Empresa de Investigao e Desenvolvimento de Electrnica SA: Overview 77
7.2.7. EID - Empresa de Investigao e Desenvolvimento de Electrnica SA: Products 77
7.2.8. EID - Empresa de Investigao e Desenvolvimento de Electrnica SA: Recent Announcements and Strategic Initiatives 77
7.2.9. EID - Empresa de Investigao e Desenvolvimento de Electrnica SA: Alliances 79
7.2.10. EID - Empresa de Investigao e Desenvolvimento de Electrnica SA: Recent Contract Wins 79
7.2.11. Edisoft: Overview 81
7.2.12. Edisoft: Products 81
7.2.13. Edisoft: Recent Announcements and Strategic Initiatives 81
7.2.14. Edisoft: Alliances 83
7.2.15. Edisoft: Recent Contract Wins 83
7.2.16. EMPORDEF TI Inc.: Overview 84
7.2.17. EMPORDEF TI Inc.: Products 84
7.2.18. EMPORDEF TI Inc.: Recent Announcements and Strategic Initiatives 84
7.2.19. EMPORDEF TI Inc.: Alliances 85
7.2.20. EMPORDEF TI Inc.: Recent Contract Wins 85
7.2.21. Indra Sistemas Portugal: Overview 86
7.2.22. Indra Sistemas Portugal: Products and Services 86
7.2.23. Indra Sistemas Portugal: Recent Announcements and Strategic Initiatives 86
7.2.24. Indra Sistemas Portugal: Alliances 87
7.2.25. Indra Sistemas Portugal: Recent Contract Wins 87
7.2.26. Leonardo - Societ per azioni: Overview 88
7.2.27. Leonardo - Societ per azioni: Products 88
7.2.28. Leonardo - Societ per azioni: Recent Announcements and Strategic Initiatives 89
7.2.29. Leonardo - Societ per azioni: Alliances 89
7.2.30. Leonardo - Societ per azioni: Recent Contract Wins 89
7.2.31. Arsenal Alfeite: Overview 90
7.2.32. Arsenal Alfeite: Products 90
7.2.33. Arsenal Alfeite: Recent Announcements and Strategic Initiatives 90
7.2.34. Arsenal Alfeite: Recent Contract Wins 91
7.2.35. Fabrequipa: Overview 92
7.2.36. Fabrequipa: Products 92
7.2.37. Fabrequipa: Recent Announcements and Strategic Initiatives 92
7.2.38. Fabrequipa: Alliances 92
7.2.39. Fabrequipa: Recent Contract Wins 93
7.2.40. Critical Software: Overview 94
7.2.41. Critical Software: Products 94
7.2.42. Critical Software: Recent Announcements and Strategic Initiatives 95
7.2.43. Critical Software: Alliances 96
7.2.44. Critical Software: Recent Contract Wins 96
8. Business Environment and Country Risk 97
8.1. Economic Performance 97
8.1.1. Gross Domestic per Capita (US$) 97
8.1.2. Gross Domestic Product, current US$ 98
8.1.3. Exports of Goods and Services 99
8.1.4. Imports of Goods and Services 100
8.1.5. Gross National Disposable Income 101
8.1.6. Local Currency Unit per US$ 102
8.1.7. Market Capitalization of Listed Companies 103
8.1.8. Market Capitalization of Listed Companies as a % of GDP 104
8.1.9. Government Cash Surplus/Deficit 105
8.1.10. Goods Imports as a % of GDP 106
8.1.11. Goods Exports as a % of GDP 107
8.1.12. Services Imports as a % of GDP 108
8.1.13. Services Exports as a % of GDP 109
8.1.14. Net Foreign Direct Investment 110
8.1.15. Net FDI as a % of GDP 111
8.1.16. Mining, Manufacturing, Utilities Output 112
9. Appendix 113
9.1. About SDI 113
9.2. Disclaimer 113