Israeli Defense Industry - Opportunities, Entry Strategies, Analyses and Forecasts to 2017
23-Jun-2012 | General Article (Non-News)
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Why was the report written?
The Israeli 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 Israeli defense industry. http://www.bharatbook.com/market-research-reports/defense-market-research-report/the-israeli-defense-industry-market-opportunities-and-entry-strategies-analyses-and-forecasts-to-2017.html
What is the current market landscape and what is changing?
Israel is one of the largest defense markets in the Middle East and also has one of the largest per capita defense expenditures in the world of US$1711 in 2012. Moreover, the per capita defense expenditure is forecast continue to grow due to both internal and external security threats in the country. Israel is also set to receive US$20.1 billion worth of military aid from the US to spend on military hardware during the forecast period. Overall, Israel is projected to spend a total of US$28.39 billion on the acquisition of military hardware between 2013 and 2017.
What are the key drivers behind recent market changes?
During the forecast period, the Israeli defense budget is expected to grow at a CAGR of 2.97% to reflect the security threats posed by Iran and Syria, hostility from neighboring countries, and Israel’s inadequate troop size as a result of the country’s small population. During the same period, military aid from the US will continue to increase the spending power of the country. Between 2013 and 2017, Israel is expected to accelerate its defense procurement plans to prepare for potential confrontations with Iran or Syria.
What makes this report unique and essential to read?
The Israeli Defense Industry Market Opportunities and Entry Strategies, Analyses and Forecasts to 2017 provides detailed analysis of the current industry size and growth expectations from 2012 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.
For more information kindly visit : http://www.bharatbook.com/market-research-reports/defense-market-research-report/the-israeli-defense-industry-market-opportunities-and-entry-strategies-analyses-and-forecasts-to-2017.html
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