Summary
The Future of the Austrian Defense Industry - Market Attractiveness, Competitive Landscape and Forecasts to 2025, published by GlobalData, 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.
This report offers detailed analysis of the Austria 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 Austria defense industry market size and drivers: detailed analysis of the Austria defense industry during 2021-2025, including highlights of the demand drivers and growth stimulators for the industry. It also provides a snapshot of the country’s 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.
- Import and Export Dynamics: analysis of prevalent trends in the country’s imports and exports over the last five years
- Market opportunities:list of the top ten defense investment opportunities over the next 5 years
- Competitive landscape and strategic insights: analysis of the competitive landscape of the Austria defense industry.
Scope
- The defense expenditure of Austria is primarily driven by disaster relief operations and peacekeeping missions along with the modernization of its armed forces through acquisition of advanced defense equipment.In 2020, the Austrian defense budget values US$3.5 billion and registered a CAGR of 8.17% during the historic period.
- The defense budget of Austria is anticipated to register a CAGR of 5.74% during the forecast period to reach US$4.76 billion by 2025.
Reasons to buy
- This report will give the user confidence to make the correct business decisions based on a detailed analysis of the Austrian 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
- Profiles of the top domestic and foreign defense manufacturers . This will provide the user with a total competitive landscape of the sector
- A deep qualitative analysis of the Austrian defense industry covering sections including demand drivers, Key Trends , and latest industry contracts
'
Table of Contents
1. Introduction
1.1. What is this Report About?
1.2. Definitions
1.3. Summary Methodology
1.4. About GlobalData
2. Executive Summary
3. Market Attractiveness and Emerging Opportunities
3.1. Current Market Scenario
3.1.1. Procurement Programs
3.1.2. Key Drivers and Challenges
3.2. Defense Market Size Historical and Forecast
3.2.1. Austrian defense budget to record a CAGR of 5.74% over the forecast period
3.2.2. Defense expenditure of the country expected to be driven by modernization efforts of armed forces coupled with active participation in peacekeeping missions
3.2.3. The defense budget as a percentage of GDP is expected to increase during the forecast period
3.3. Analysis of Defense Budget Allocation
3.3.1. Procurement of advanced equipment to drive capital expenditure allocation during the forecast period
3.3.2. Capital expenditure is expected to grow at a CAGR of 7.18% over the forecast period
3.3.3. Per capita defense expenditure expected to increase during the forecast period
3.4. Homeland Security Market Size and Forecast
3.4.1. Austria homeland security is expected to increase at a CAGR of 0.36% over the forecast period
3.4.2. Protection of energy infrastructure and combating drug trafficking will be the key factors driving homeland security
3.5. Benchmarking with Key Global Markets
3.5.1. Austrian defense expenditure is expected to remain modest during the forecast period
3.5.2. Austrian defense expenditure is relatively small when compared to the leading defense spenders
3.5.3. Austria spent over 0.7% of its GDP on defense in 2020
3.6. Market Opportunities: Key Trends and Drivers
3.6.1. Top Defense Sectors by Value (US$ Million) - Projections over 2020-2025
4. Defense Procurement Market Dynamics
4.1. Import Market Dynamics
4.1.1. Defense imports expected to increase rapidly during the forecast period
4.1.2. Austria imports the majority of its arms from Italy
4.1.3. Armored vehicles dominate Austrian defense imports
4.2. Export Market Dynamics
4.2.1. Austrian defense exports highest in 2017
4.2.2. Austria supplies defense equipment to a diverse consumer base
4.2.3. Armored vehicles accounted for the majority of the country’s defense exports during 2014-2018
5. Industry Dynamics
5.1. Market Regulation
5.1.1. Offset policy requires suppliers to invest 100% of the contract value into the Austrian economy
5.1.2. Austrian defense industry open to foreign direct investment
5.2. Market Entry Route
5.2.1. Budgeting Process
5.2.2. Foreign defense OEMs enter the market through acquisitions or alliances
5.2.3. Europe Defense Agency (EDA) promotes defense procurements within EU
5.2.4. Single distributor system advisable in Austria
5.2.5. Joint projects and sharing of technology
6. Competitive Landscape and Strategic Insights
6.1. Competitive Landscape Overview
6.1.1. The majority of modern defense equipment in Austria is supplied by foreign manufacturers
7. Business Environment and Country Risk
7.1. Economic Performance
7.1.1. GDP per Capita
7.1.2. Gross Domestic Product
7.1.3. Exports of Goods and Services (LCU Billion)
7.1.4. Imports of Goods and Services (LCU Billion)
7.1.5. Gross National Disposable Income
7.1.6. LCU per USD (period average)
7.1.7. Market Capitalization of Listed Companies
7.1.8. Market Capitalization of Listed Companies (% of GDP)
7.1.9. Goods Exports as a % of GDP
7.1.10. Government Cash Surplus/Deficit as % of GDP
7.1.11. Goods Imports as a % of GDP
7.1.12. Services Imports as a % of GDP
7.1.13. Services Exports as a % of GDP
7.1.14. Foreign Direct Investment, Net (BoP, Current US$ Billion)
7.1.15. Net Foreign Direct Investment as % of GDP
7.1.16. Mining, Manufacturing, Utilities Output (LCU Billion)
8. Appendix
8.1. About GlobalData
8.2. Disclaimer
List of Tables
Table 1: Austria - Ongoing Procurement Programs
Table 2: Austria - Future Procurement Programs
Table 3: Austria - Ongoing Peacekeeping Missions
Table 4: Austrian Defense Expenditure (EUR Billion & US$ Billion), 2016-2025
Table 5: Austrian GDP Growth and Defense Expenditure as Percentage of GDP Growth, 2016-2025
Table 6: Austrian Defense Budget Split Between Capital and Revenue Expenditure (%), 2016-2025
Table 7: Austria - Expected Upcoming Investments
Table 8: Austrian Defense Capital Expenditure (EUR Million & US$ Million), 2016-2025
Table 9: Austrian Per Capita Expenditure (US$), 2016-2025
Table 10: Austria Defense Expenditure for Homeland Security (EUR Billion & US$ Billion), 2016-2025
Table 11: Benchmarking with Key Markets, 2016-2020 vs. 2021-2025
Table 12: Top Austrian Defense Sectors by Value (US$ Million), 2020-2025
Table 13: Offset Regulations in Austria
Table 14: Austria - Budget Formation Timetable
Table 15: Competitive Landscape of the Austrian Defense Industry
Table 16: Top Defense Suppliers in Austria’s Defense Industry - By Value (US$ Million) 2020-2025
List of Figures
Figure 1: Austria Defense Budget, 2021 and 2025
Figure 2: Austria Defense Imports, 2014 and 2018
Figure 3: Austria’s Top Prospective Procurements/Developments
Figure 4: Austrian Defense Expenditure (in EUR Billion), 2016-2025
Figure 5: Austrian Defense Expenditure (US$ Billion), 2016-2025
Figure 6: Austrian GDP Growth vs. Defense Expenditure as Percentage of GDP, 2016-2025
Figure 7: Austrian Defense Expenditure Split Between Capital and Revenue Expenditure (%), 2016-2025
Figure 8: Austrian Defense Capital Expenditure (EUR Million), 2016-2025
Figure 9: Austrian Defense Capital Expenditure (US$ Million), 2016-2025
Figure 10: Austrian Per Capita Expenditure (US$), 2016-2025
Figure 11: Austria Homeland Security Expenditure (EUR Billion), 2016-2025
Figure 12: Austria Homeland Security Expenditure (US$ Billion), 2016-2025
Figure 13: Benchmarking with Key Markets, 2016-2020 vs. 2021-2025
Figure 14: Defense Expenditure of the World’s Largest Military Spenders (US$ Billion), 2020 and 2025
Figure 15: Defense Expenditure as a Percentage of GDP of Largest Military Spenders (%), 2020
Figure 16: Austrian Defense Imports (US$ million), 2014-2018
Figure 17: Austrian Defense Imports by Country (%), 2014-2018
Figure 18: Austrian Defense Imports by Category, 2014-2018
Figure 19: Austrian Defense Exports (US$ million), 2014-2018
Figure 20: Austrian Defense Exports by Country (%), 2014-2018
Figure 21: Austrian Defense Exports by Category, 2014-2018
Figure 22: The Austrian Defense Market Share Analysis, 2020-2025
Figure 23: Austrian GDP Per Capita (US$), 2015-2025
Figure 24: Austrian GDP at Current Prices (US$ Billion), 2015-2025
Figure 25: Austrian Exports of goods and services (LCU Billion), 2005-2014
Figure 26: Austrian Imports of goods and services (LCU Billion), 2005-2014
Figure 27: Austrian Gross National disposable income (US$ Billion), 2005-2013
Figure 28: LCU per USD (US$), 2015-2024
Figure 29: Austrian Market Capitalization of Listed Companies (US$ Billion), 2005-2012
Figure 30: Austrian Market Capitalization of Listed Companies (% of GDP), 2005-2012
Figure 31: Austrian Goods Exports as a % of GDP, 2005-2014
Figure 32: Austrian Government Cash Surplus/Deficit as % of GDP, 2005-2012
Figure 33: Austrian Goods Imports as a % of GDP, 2005-2014
Figure 34: Austrian Services Imports as a % of GDP, 2005-2014
Figure 35: Austrian Services Exports as a % of GDP, 2005-2014
Figure 36: Austrian Net Foreign Direct Investment (BoP, Current US$ Billion) 2005-2014
Figure 37: Austrian Net Foreign Direct Investment as a % of GDP 2005-2014
Figure 38: Austrian Mining, Manufacturing, Utilities Output (LCU Billion), 2005-2014
