Spain-Defense and Security: Modernization programs to drive expenditure (Strategy, Performance and Risk Analysis)
"The Report Spain-Defense
and Security: Modernization programs to drive expenditure (Strategy,
Performance and Risk Analysis) provides information on pricing,
market analysis, shares, forecast, and company profiles for key
industry participants. - MarketResearchReports.biz"
About
Spain-Defense
and Security
Market
The aircraft category is a key
growth driver of the Spanish defense and security industry,
accounting for 54.8% of capital expenditure in 2016; followed by the
C4ISR electronics and IT category with 13.6%. The countrys defense
expenditure stood at US$7.7 billion in 2016 and will post a
forecast-period CAGR of 3.8% to reach US$8.3 billion in 2021.
Military procurement programs, security threats from terrorist
organizations auch as Euskadi ta Askatasuna, territorial disputes
with Morocco, and illegal drug transit will be the key drivers.
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provide a comprehensive overview of each market within a countrys
defense industry; benchmark key performance indicators against
regional and global peers; review industry trends and drivers;
evaluate the competitive landscape and innovation potential of
singular markets; and conduct data-driven SWOT analysis to ascertain
a structured assessment of the performance of each territory
represented.
Key Highlights
Spain to focus on joint venture
programs:
The Spanish government is
encouraging domestic defense firms to collaborate with foreign
defense organizations from France and Germany to enhance the countrys
technological capabilities. In an effort to increase R&D, the
government has built technology centers with a combined workforce of
over 2,000 personnel.
Spain focuses on homeland
security:
The Spanish governments
expenditure on homeland security stood at US$10.0 billion in 2016 and
will post a forecast-period CAGR of 1.3% to reach US$10.5 billion in
2020. The expected increase in expenditure is due to the countrys
growing focus on containing drug trafficking, illegal immigration and
terrorist activities. Recent turmoil in the North African region has
exacerbated problems relating to illegal immigration, thereby
increasing the urgency of acquiring enhanced border security and
control systems.
Spain reported a decline in its
capital expenditure:
Spains
capital expenditure on defense stood at US$874.8 million in 2012 and
gradually declined to US$678.5
million in 2016. It will post a forecast-period CAGR of 4.2% to reach
US$695.5 million in 2021. The decline in capital expenditure was due
in part to the European debt crisis, causing the government to take
austerity measures. It led to a reduction in the procurement of
military aircraft and other arms contracts during 2012-2016 and
caused delays or cancellations to defense projects because of a rise
in project costs.
Scope
- Industry Snapshot and Industry
View - Key defense and security industry statistics including total
expenditure, revenue expenditure, and capital expenditure are
analysed to reveal the key issues and trends driving market
performance in the Spanish defense and security market.
- Industry SWOT Analysis -
Discover the Strengths, Weaknesses, Opportunities and Threats
impacting market performance and investment in the Spanish defense
and security market.
- Industry Benchmarking -
Benchmark how the Spanish defense and security market is performing
compared to regional and global markets in terms of total
expenditure, revenue expenditure, and capital expenditure to gauge
potential for growth or market entry.
- Competitive Landscape - Detailed
overview and product offerings of the leading defense and security
players in Spain.
Reasons to buy
- How is the market performing in
terms of: total expenditure, revenue expenditure, and capital
expenditure?
- How risky is it to invest in the
Spanish defense and security industry compared to other European
countries?
- What is driving the performance
of key industry segments such as aircraft, C4ISR electronics &
IT, naval ships, helicopters, military vehicles, and others?
-
Who are the leading players in the Spanish defense and security
industry and their overview and product portfolio?
- What trends are being witnessed
within the Spanish defense and security industry?
- What are the Spanish defense and
security industrys Strengths and Weaknesses and what Opportunities
and Threats does it face?
- What are the recent developments
and innovations in the Spanish defense and security industry?
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Table of Contents
Conflict &Costs Index 3
Industry Snapshot 7
Industry View 25
Industry SWOT Analysis 29
Industry Benchmarking 35
Industry Performance 54
Competitive Landscape 69
Innovation 75
Deals 77
Key Developments 81
Appendix 86
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