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Global defence suppliers market: Strong growth expected in Saudi Arabia, India and China
Global Defense Industry Suppliers - CEO Business Outlook Survey 2013-2014 - a new market research report on 2014-03-25 03:44:04
This report, based on a survey of the global defence suppliers market, suggests that according to 29% of executives from the industry, the availability of skilled staff is still a major problem within their organizations, followed by 26% of respondents who confirm that though there are shortages of skilled staff within their organizations, the magnitude is slightly less than before.Survey results reveal that in the next five years, C-level executives require their suppliers to ´engage in partnerships to optimize working capital and reduce costs´, to help in ´product innovation´ and ´collaborating on R&D´.Key Market Issues- Overall, respondents from the global defense supplier organizations identified India, China, and Saudi Arabia as the top three markets expected to offer the strongest growth opportunities to the defense industry over 2013-2017.- ´Budget cuts´, ´competitive pricing pressures´, and ´reverse engineering by countries like China and Iran´ are the leading business concerns for the global defense industry in 2013.- Survey results reveal that respondents from defense supplier companies expect defense R&D budgets to decrease by -4% over the next five years as compared to 2012, with 53% of respondents anticipating a decline.- According to the survey results, respondents identify defense segments such as ´cyber warfare´, ´military aircraft´, ´soldier modernization´, ´space and satellite systems´ and ´C4ISR´ will record maximum investment in the in the coming five years.- Survey results reveal that 45%, 41%, and 38% of respondents identify ´higher customization of service packages from suppliers´, ´industry consolidation´, and ´performance based contracts´ as the most significant emerging trends in Aftermarket Service Support and MRO respectively.Key Highlights- Survey results demonstrate that 43% of respondents highlighted the ´air force´ as the military force that will record the highest spending in the next five years followed by navy as identified by 25% of respondents.- Overall, executives from the global defense suppliers industry anticipate increased levels of consolidation over the next two years, with 52% of respondents anticipating either a significant increase or a slight increase in MandA activity.- According to the survey results, 69% of respondents each identified ´UAVs´, and ´cyber warfare´ as the most important defense segments that will show the most technological advancement over the next decade.- Overall, respondents from the global defense suppliers industry identified Japan to offer the highest growth potential among developed countries during 2013-2017.- According to survey results, 77% of respondents project that the number of collaborative projects in the global defense industry will increase over the next two years.Report ScopeThis report provides the reader with a definitive analysis of the business outlook in the global defense suppliers industry, and explores how key industry dynamics are set to change during 2013-2017. This report gives access to the key regions projected to witness the most defense opportunities, R&D budget outlook, future expectation from suppliers, business challenges, and key investment areas for the future. The report also identifies the emerging trends in the Aftermarket Service Support and MRO Area, MandA, and staff hiring. It not only grants access to the opinions and strategies of business C-level decision makers and competitors, but also examines their actions surrounding business priorities, as well as access to information categorized by region and company size.This report is the result of an extensive survey drawn from our exclusive panel of the leading global defense supplier industry´s C-level executives; it provides the reader with a definitive analysis of emerging trends in the global defense industry, and explores how key industry dynamics and collaborative projects are set to change during 2013-2017. In addition, the report examines the intentions of defense industry suppliers related to the top emerging and developed markets that will offer the strongest growth opportunities over the next five years.Furthermore, this report identifies the future investment opportunities within the defense industry, and not only grants access to change in defense R&D budgets, but also identifies the critical defense segments that will witness variations in budgets during 2013-2017.Key Features and Benefits- To identify prominent trends in the global defense industry that will shape business activities and strategies.- Analyzes the demand in regional markets and anticipates growth potential in respective countries.- Uncovers the key issues and challenges that restrain respondents from doing business.- Identifies expectations from suppliers that require proactive and improved methods of both securing new business and maintaining current business.- Identifies the defense segments that will undergo the most technological advancement and attract the highest investment.

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